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MIDSUND ELEKTRO AS
AS
Active
Org 957919766
Stormyrvegen 2, 6475 Midsund
Electrical installation · NACE 4321
Est. 1990
10 employees
www.midsundelektro.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 17,8M
+19% vs 2023
EBITDA margin
18.9%
+184% vs 2023
Equity ratio
48.8%
Financial strength
Net profit 2024
NOK 2,7M
+178% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
1M
2020
1M
0%
2021
3M
+200%
2022
1M
-67%
2023
3M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 17,8M
+19%
EBITDA
NOK 3,4M
+184%
Net profit
NOK 2,7M
+178%
Total assets
NOK 10,2M
+33%
Equity
NOK 5M
+16%
Employees
10
—
Company information
Legal name
MIDSUND ELEKTRO AS
Org number
957919766
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
26. juni 1990
Share capital
NOK 239 510
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Stormyrvegen 2, 6475 Midsund
Phone
+4791665022
Email
post@midsundelektro.no
Website
www.midsundelektro.no
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Revenue
NOK millions
0M
5M
10M
16M
21M
12M
2020
13M
2021
15M
2022
15M
2023
18M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
1M
2020
1M
2021
3M
2022
1M
2023
3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
12 307
12 735
14 585
15 004
17 819
Staff expenses
−4 004
−4 319
−5 125
−6 057
−6 536
EBITDA
1 286
1 181
2 506
1 186
3 364
Depreciation & amort.
−6
−12
−12
−6
−0
EBIT
1 280
1 169
2 494
1 179
3 364
Net financials
−10
−22
−7
53
69
Profit before tax
1 270
1 147
2 487
1 232
3 433
Tax
279
252
547
269
756
Net profit
990
895
1 940
963
2 678
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 305
6 449
7 973
7 637
10 182
Equity
2 898
3 292
4 132
4 295
4 972
Long-term debt
369
294
0
0
0
Short-term debt
3 039
2 863
3 841
3 342
5 210
Total debt
3 408
3 157
3 841
3 342
5 210
Financial ratios
5-year trend
EBITDA margin
18.9%
This company
15.8%
Market median
+20% vs market
2020
2024
Equity ratio
48.8%
This company
38.2%
Market median
+28% vs market
2020
2024
Return on equity
53.8%
This company
18.4%
Market median
+192% vs market
2020
2024
Net profit margin
15.0%
This company
8.1%
Market median
+85% vs market
2020
2024
Asset turnover
1.75×
This company
1.12×
Market median
+56% vs market
2020
2024
Debt / equity
1.05×
This company
0.62×
Market median
-69% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
RA
Roe Andre Heggdal
Board of Directors
2021
LA
Leif Arne Jenset
Chairman
2021
EH
Even Heggdal
Board of Directors
2021
Former (1)
EH
Eivind Heggdal
Chairman
2001 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Dariusz Janusz Ostrowski
Individual
24%
24%
2024
L.A.Jenset Invest As
Company
24%
24%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MIDSUND ELEKTRO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Roe Andre Heggdal
Board of Directors
0 companies
Leif Arne Jenset
Chairman
0 companies
Eivind Heggdal
Chairman
0 companies
Even Heggdal
Board of Directors
0 companies