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LARS MYHRE ØSTFOLD AS
AS
Active
Org 954878090
Karl Johans Gate 10, 1706 Sarpsborg
Engineering activities and related technical consultancy · NACE 7112
Est. 1989
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,9M
-2% vs 2023
EBITDA margin
6.8%
-45% vs 2023
Equity ratio
59.9%
Financial strength
Net profit 2024
NOK 425K
-38% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
2M
+100%
2021
1M
-50%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,9M
-2%
EBITDA
NOK 473K
-45%
Net profit
NOK 425K
-38%
Total assets
NOK 4,5M
-6%
Equity
NOK 2,7M
+1%
Employees
5
—
Company information
Legal name
LARS MYHRE ØSTFOLD AS
Org number
954878090
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
5. juli 1989
Share capital
NOK 300 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Contact
Address
Karl Johans Gate 10, 1706 Sarpsborg
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Companies in Engineering activities and related technical consultancy
Companies in Sarpsborg
All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
7M
2020
8M
2021
7M
2022
7M
2023
7M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
7 177
7 776
7 073
7 102
6 947
Staff expenses
−5 439
−5 423
−5 168
−5 305
−5 512
EBITDA
601
1 508
889
861
473
Depreciation & amort.
−27
−27
−27
−27
−21
EBIT
573
1 481
862
834
452
Net financials
14
6
12
51
92
Profit before tax
588
1 487
874
885
545
Tax
130
327
193
194
120
Net profit
458
1 160
681
691
425
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 612
4 440
4 703
4 761
4 476
Equity
2 545
2 605
2 606
2 647
2 682
Long-term debt
8
5
0
2
0
Short-term debt
2 058
1 830
2 097
2 112
1 794
Total debt
2 067
1 835
2 097
2 114
1 794
Financial ratios
5-year trend
EBITDA margin
6.8%
This company
15.8%
Market median
-57% vs market
2020
2024
Equity ratio
59.9%
This company
38.2%
Market median
+57% vs market
2020
2024
Return on equity
15.8%
This company
18.4%
Market median
+14% vs market
2020
2024
Net profit margin
6.1%
This company
8.1%
Market median
-25% vs market
2020
2024
Asset turnover
1.55×
This company
1.12×
Market median
+38% vs market
2020
2024
Debt / equity
0.67×
This company
0.62×
Market median
+8% 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)
SH
Steinar Haug
Chief Executive Officer
Chief Executive Officer
2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MD
Morten Dannevig
Chairman
2025
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of LARS MYHRE ØSTFOLD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Steinar Haug
Chief Executive Officer
0 companies
Morten Dannevig
Chairman
0 companies