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MUSTVEDT AS
AS
Active
Org 979459602
Siljanvegen 110, 3719 Skien
Freight transport by road · NACE 4941
Est. 1997
14 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 38,5M
+14% vs 2023
EBITDA margin
6.9%
+13% vs 2023
Equity ratio
38.5%
Financial strength
Net profit 2024
NOK 1,5M
+45% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
0M
2020
0M
0%
2021
1M
+100%
2022
2M
+100%
2023
3M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 38,5M
+14%
EBITDA
NOK 2,6M
+13%
Net profit
NOK 1,5M
+45%
Total assets
NOK 14,7M
+29%
Equity
NOK 5,7M
+35%
Employees
14
—
Company information
Legal name
MUSTVEDT AS
Org number
979459602
Legal form
Aksjeselskap
NACE code
4941 · Freight transport by road
Founded
8. desember 1997
Share capital
NOK 500 000
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Siljanvegen 110, 3719 Skien
Phone
+4799452161
Email
ivarmust@online.no
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Companies in Freight transport by road
Companies in Skien
All Norway companies
Revenue
NOK millions
0M
11M
22M
33M
44M
25M
2020
32M
2021
38M
2022
34M
2023
38M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2020
0M
2021
1M
2022
2M
2023
3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
25 378
32 277
37 609
33 793
38 463
Staff expenses
−7 663
−9 521
−9 252
−9 488
−10 398
EBITDA
−91
247
1 213
2 326
2 636
Depreciation & amort.
−666
−687
−674
−742
−687
EBIT
−757
−440
539
1 583
1 948
Net financials
−119
−99
−101
−120
−74
Profit before tax
−876
−539
438
1 464
1 874
Tax
−0
−0
−0
456
412
Net profit
−683
−286
342
1 007
1 462
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 795
9 571
13 577
11 402
14 736
Equity
3 146
2 859
3 201
4 208
5 670
Long-term debt
3 109
1 679
2 153
2 063
1 636
Short-term debt
3 540
5 033
8 223
5 130
7 430
Total debt
6 650
6 712
10 376
7 193
9 065
Financial ratios
5-year trend
EBITDA margin
6.9%
This company
15.8%
Market median
-56% vs market
2020
2024
Equity ratio
38.5%
This company
38.2%
Market median
+1% vs market
2020
2024
Return on equity
25.8%
This company
18.4%
Market median
+40% vs market
2020
2024
Net profit margin
3.8%
This company
8.1%
Market median
-53% vs market
2020
2024
Asset turnover
2.61×
This company
1.12×
Market median
+133% vs market
2020
2024
Debt / equity
1.60×
This company
0.62×
Market median
-158% 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)
CM
Cathrine Mustvedt
Board of Directors
1997
TM
Tor Mustvedt
Board of Directors
1997
IM
Ivar Mustvedt
Chairman
1997
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MUSTVEDT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Cathrine Mustvedt
Board of Directors
0 companies
Tor Mustvedt
Board of Directors
0 companies
Ivar Mustvedt
Chairman
0 companies