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Kaare Mortensen AS
AS
Active
Org 956813301
Urdaveien 11, 3274
Larvik
Site preparation
·
NACE 4312
Est. 1990 · 36 years old
46 employees
www.kaaremortensenvestfold.no
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Norway
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Site preparation
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Kaare Mortensen AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
227M
170M
113M
57M
0M
2021: 140M
140M
2021
2022: 135M (-4% vs 2021)
135M
-4%
2022
2023: 182M (+35% vs 2022)
182M
+35%
2023
2024: 182M (0% vs 2023)
182M
0%
2024
2025: 144M (-21% vs 2024)
144M
-21%
2025
EBITDA
NOK millions
30M
22M
15M
7M
0M
2021: 24M
24M
2021
2022: 17M (-29% vs 2021)
17M
-29%
2022
2023: 15M (-12% vs 2022)
15M
-12%
2023
2024: 10M (-33% vs 2023)
10M
-33%
2024
2025: 19M (+90% vs 2024)
19M
+90%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
143 505
181 953
181 591
134 675
140 195
Staff expenses
−40 026
−33 688
−37 457
−30 305
−31 267
EBITDA
18 802
9 946
15 159
17 266
23 742
Depreciation & amort.
−10 730
−9 612
−7 646
−6 307
−6 022
EBIT
8 072
334
7 513
10 959
17 720
Net financials
−1 417
−1 096
−588
−1 078
257
Profit before tax
6 655
−762
6 925
9 881
17 977
Tax
1 486
−164
1 535
2 185
3 960
Net profit
5 169
−597
5 391
7 696
14 017
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
88 388
90 997
86 179
67 319
69 271
Equity
41 547
39 378
39 976
35 585
30 889
Long-term debt
19 519
17 133
12 967
3 504
6 041
Short-term debt
27 322
34 487
33 237
28 230
32 342
Total debt
46 841
51 619
46 204
31 734
38 382
Financial ratios
5-year trend
EBITDA margin
13,1 %
This company
15,8 %
Market median
This company
Market median
17% below market
2021
2025
Equity ratio
47,0 %
This company
38,2 %
Market median
This company
Market median
23% above market
2021
2025
Return on equity
12,4 %
This company
18,4 %
Market median
This company
Market median
33% below market
2021
2025
Net profit margin
3,6 %
This company
8,1 %
Market median
This company
Market median
56% below market
2021
2025
Asset turnover
1,62×
This company
1,12×
Market median
This company
Market median
45% above market
2021
2025
Debt / equity
1,13×
This company
0,62×
Market median
This company
Market median
82% above 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
More on Kaare Mortensen AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
