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MODERN ART GALLERY AS
AS
Active
Org 941771556
Olav Tryggvasons Gate 30, 7011 Trondheim
Retail sale of cultural and recreational goods n.e.c. · NACE 4769
Est. 1986
5 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,6M
+7% vs 2023
EBITDA margin
0.4%
+224% vs 2023
Equity ratio
38.9%
Financial strength
Net profit 2024
NOK -6K
+73% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 7,6M
+7%
EBITDA
NOK 29K
+224%
Net profit
NOK -6K
+73%
Total assets
NOK 2,4M
+13%
Equity
NOK 938K
-1%
Employees
5
—
Company information
Legal name
MODERN ART GALLERY AS
Org number
941771556
Legal form
Aksjeselskap
NACE code
4769 · Retail sale of cultural and recreational goods n.e.c.
Founded
1. august 1986
Share capital
NOK 100 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Kunstformidling, i hovedsak fra norske kunstnere, innramming, samt øvrig handelsvirksomhet.
Contact
Address
Olav Tryggvasons Gate 30, 7011 Trondheim
Phone
+4773873680
Email
post@modernartgallery.no
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Companies in Retail sale of cultural and recreational goods n.e.c.
Companies in Trondheim
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
8M
2020
9M
2021
7M
2022
7M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
8 297
8 999
7 186
7 108
7 618
Staff expenses
−2 897
−3 032
−2 757
−2 528
−2 610
EBITDA
43
38
−14
−24
29
Depreciation & amort.
−14
−3
−2
−12
−26
EBIT
29
35
−16
−35
3
Net financials
3
4
0
9
−8
Profit before tax
32
39
−16
−26
−5
Tax
9
9
−0
−3
1
Net profit
23
29
−16
−23
−6
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 317
2 541
2 133
2 127
2 412
Equity
955
984
968
945
938
Long-term debt
0
0
0
0
0
Short-term debt
1 363
1 557
1 165
1 182
1 474
Total debt
1 363
1 557
1 165
1 182
1 474
Financial ratios
5-year trend
EBITDA margin
0.4%
This company
15.8%
Market median
-97% vs market
2020
2024
Equity ratio
38.9%
This company
38.2%
Market median
+2% vs market
2020
2024
Return on equity
-0.7%
This company
18.4%
Market median
-104% vs market
2020
2024
Net profit margin
-0.1%
This company
8.1%
Market median
-101% vs market
2020
2024
Asset turnover
3.16×
This company
1.12×
Market median
+182% vs market
2020
2024
Debt / equity
1.57×
This company
0.62×
Market median
-153% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
RJ
Richard Juul Isdahl
Chief Executive Officer
Chief Executive Officer
2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TJ
Thomas Juul Isdahl
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Åse Juul
Individual
24%
24%
2024
Bjørn Isdahl
Individual
24%
24%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MODERN ART GALLERY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Richard Juul Isdahl
Chief Executive Officer
0 companies
Thomas Juul Isdahl
Board of Directors
0 companies