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MUSTAD BYGG AS
AS
Active
Org 958816634
Clarks Gate 5, 3970 Langesund
Construction of residential and non-residential buildings · NACE 4100
Est. 1990
35 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 55,4M
+3% vs 2023
EBITDA margin
3.0%
+175% vs 2023
Equity ratio
17.7%
Financial strength
Net profit 2024
NOK 401K
+115% vs 2023
EBITDA — year on year
NOK millions
3M
1M
0M
-1M
-3M
-1M
2020
-1M
0%
2021
2M
+300%
2022
-2M
-200%
2023
2M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 55,4M
+3%
EBITDA
NOK 1,7M
+175%
Net profit
NOK 401K
+115%
Total assets
NOK 23,1M
-19%
Equity
NOK 4,1M
-14%
Employees
35
—
Company information
Legal name
MUSTAD BYGG AS
Org number
958816634
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
15. oktober 1990
Share capital
NOK 420 000
Employees
35 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Contact
Address
Clarks Gate 5, 3970 Langesund
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Companies in Construction of residential and non-residential buildings
Companies in Bamble
All Norway companies
Revenue
NOK millions
0M
18M
36M
53M
71M
61M
2020
62M
2021
62M
2022
54M
2023
55M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
-1M
2020
-1M
2021
2M
2022
-2M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
61 004
61 738
61 813
53 591
55 448
Staff expenses
−20 468
−21 317
−21 998
−25 842
−23 596
EBITDA
−710
−608
1 650
−2 231
1 662
Depreciation & amort.
−311
−573
−606
−624
−475
EBIT
−1 021
−1 182
1 045
−2 855
1 187
Net financials
−42
−36
−216
−419
−671
Profit before tax
−1 063
−1 218
828
−3 274
516
Tax
−234
−410
183
−680
115
Net profit
−830
−808
645
−2 594
401
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
21 660
21 446
27 541
28 516
23 051
Equity
6 701
6 105
7 434
4 738
4 088
Long-term debt
2 388
1 825
2 050
2 539
2 909
Short-term debt
12 571
13 517
18 057
21 240
16 054
Total debt
14 959
15 342
20 107
23 778
18 963
Financial ratios
5-year trend
EBITDA margin
3.0%
This company
15.8%
Market median
-81% vs market
2020
2024
Equity ratio
17.7%
This company
38.2%
Market median
-54% vs market
2020
2024
Return on equity
9.8%
This company
18.4%
Market median
-47% vs market
2020
2024
Net profit margin
0.7%
This company
8.1%
Market median
-91% vs market
2020
2024
Asset turnover
2.41×
This company
1.12×
Market median
+115% vs market
2020
2024
Debt / equity
4.64×
This company
0.62×
Market median
-648% 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)
JM
Jørgen Mustad
Chief Executive Officer
Chief Executive Officer
2004
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
FM
Frederik Mustad
Chairman
2013
OB
Odd Bjørn Mustad
Board of Directors
2013
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Mustad Invest As
Company
100%
100%
2024
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Company hierarchy
Jfe Holding As
Mustad Invest As
MUSTAD BYGG AS
(this company)
Board network connections
Board members of MUSTAD BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jørgen Mustad
Chief Executive Officer
0 companies
Frederik Mustad
Chairman
0 companies
Odd Bjørn Mustad
Board of Directors
0 companies