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MVP AS
AS
Active
Org 942429576
Bjørnstadveien 68, 3077 Sande I Vestfold
Manufacture of plastic plates, sheets, tubes and profiles · NACE 2221
Est. 1987
18 employees
www.mvp.no
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 27,5M
+10% vs 2024
EBITDA margin
2.2%
+150% vs 2024
Equity ratio
38.6%
Financial strength
Net profit 2025
NOK 148K
+109% vs 2024
EBITDA — year on year
NOK millions
6M
4M
1M
-1M
-4M
5M
2021
2M
-60%
2022
-3M
-250%
2023
-1M
+67%
2024
1M
+200%
2025
Key figures
Annual report 2025
Revenue
NOK 27,5M
+10%
EBITDA
NOK 613K
+150%
Net profit
NOK 148K
+109%
Total assets
NOK 10,5M
+11%
Equity
NOK 4M
+4%
Employees
18
—
Company information
Legal name
MVP AS
Org number
942429576
Legal form
Aksjeselskap
NACE code
2221 · Manufacture of plastic plates, sheets, tubes and profiles
Founded
1. januar 1987
Share capital
NOK 3 600 000
Employees
18 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Contact
Address
Bjørnstadveien 68, 3077 Sande I Vestfold
Website
www.mvp.no
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Revenue
NOK millions
0M
13M
26M
39M
52M
45M
2021
37M
2022
25M
2023
25M
2024
28M
2025
EBITDA
NOK millions
0M
1M
3M
4M
6M
5M
2021
2M
2022
-3M
2023
-1M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
44 970
37 375
24 596
25 046
27 500
Staff expenses
−10 071
−9 212
−7 057
−6 695
−6 382
EBITDA
4 597
1 858
−2 724
−1 233
613
Depreciation & amort.
−391
−476
−423
−344
−347
EBIT
4 206
1 382
−3 148
−1 577
266
Net financials
−101
−88
−184
−127
−118
Profit before tax
4 105
1 294
−3 332
−1 705
148
Tax
862
278
−0
−0
−0
Net profit
3 244
1 016
−3 332
−1 705
148
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
17 664
14 655
12 402
9 432
10 461
Equity
7 915
8 930
5 599
3 894
4 042
Long-term debt
410
396
376
364
0
Short-term debt
9 339
5 328
6 428
5 174
6 068
Total debt
9 749
5 725
6 803
5 538
6 418
Financial ratios
5-year trend
EBITDA margin
2.2%
This company
15.8%
Market median
-86% vs market
2021
2025
Equity ratio
38.6%
This company
38.2%
Market median
+1% vs market
2021
2025
Return on equity
3.7%
This company
18.4%
Market median
-80% vs market
2021
2025
Net profit margin
0.5%
This company
8.1%
Market median
-94% vs market
2021
2025
Asset turnover
2.63×
This company
1.12×
Market median
+135% vs market
2021
2025
Debt / equity
1.59×
This company
0.62×
Market median
-156% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KM
Kjell Martinsen
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Karin Nordås Martinsen
Individual
9.72%
9.72%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MVP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kjell Martinsen
Chairman
0 companies