Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Magne Gitmark & Co AS
AS
Active
Org 976625358
Fosselia 20, 4790
Lillesand
Wholesale of mining, construction and civil engineering machinery
·
NACE 4663
Est. 1996 · 30 years old
40 employees
Monitor
Share
Norway
/
Companies
/
Wholesale of mining, construction and civil engineering machinery
/
Magne Gitmark & Co AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
314M
235M
157M
78M
0M
2020: 168M
168M
2020
2021: 182M (+8% vs 2020)
182M
+8%
2021
2022: 209M (+15% vs 2021)
209M
+15%
2022
2023: 224M (+7% vs 2022)
224M
+7%
2023
2024: 252M (+13% vs 2023)
252M
+13%
2024
EBITDA
NOK millions
22M
13M
4M
-5M
-14M
2020: 7M
7M
2020
2021: 15M (+114% vs 2020)
15M
+114%
2021
2022: 11M (-27% vs 2021)
11M
-27%
2022
2023: -7M (-164% vs 2022)
-7M
-164%
2023
2024: 12M (+271% vs 2023)
12M
+271%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
252 292
223 786
208 817
181 900
167 737
Staff expenses
−25 430
−25 037
−22 495
−20 260
−17 719
EBITDA
11 591
−6 506
10 610
14 742
7 219
Depreciation & amort.
−2 096
−3 192
−3 347
−3 729
−3 144
EBIT
9 495
−9 697
7 263
11 013
4 075
Net financials
−3 357
−2 949
−472
−2 210
−2 316
Profit before tax
6 138
−12 647
6 791
8 803
1 759
Tax
1 413
−2 766
1 534
1 953
405
Net profit
4 725
−9 881
5 257
6 850
1 354
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
97 802
107 950
105 222
79 568
86 882
Equity
34 106
29 381
39 262
34 005
30 155
Long-term debt
3 030
4 630
7 857
12 123
11 230
Short-term debt
60 666
73 939
58 103
33 440
45 497
Total debt
63 696
78 569
65 960
45 563
56 727
Financial ratios
5-year trend
EBITDA margin
4,6 %
This company
15,8 %
Market median
This company
Market median
71% below market
2020
2024
Equity ratio
34,9 %
This company
38,2 %
Market median
This company
Market median
9% below market
2020
2024
Return on equity
13,9 %
This company
18,4 %
Market median
This company
Market median
24% below market
2020
2024
Net profit margin
1,9 %
This company
8,1 %
Market median
This company
Market median
77% below market
2020
2024
Asset turnover
2,58×
This company
1,12×
Market median
This company
Market median
130% above market
2020
2024
Debt / equity
1,87×
This company
0,62×
Market median
This company
Market median
202% above 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
More on Magne Gitmark & Co AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
