Riskpilot← Back to searchSign inGet full accessBYGGMESTER MODALEN AS
ASActiveOrg 979607407Hæstadveien 5, 4770 HøvågConstruction of residential and non-residential buildings · NACE 4100Est. 199821 employees
Revenue 2025
NOK 106M
+61% vs 2024
EBITDA margin
6.7%
+36% vs 2024
Equity ratio
63.4%
Financial strength
Net profit 2025
NOK 3M
-20% vs 2024
| Revenue | NOK 106M | +61% |
| EBITDA | NOK 7,1M | +36% |
| Net profit | NOK 3M | -20% |
| Total assets | NOK 54,3M | +27% |
| Equity | NOK 34,4M | +9% |
| Employees | 21 | — |
Legal name
BYGGMESTER MODALEN AS
Org number
979607407
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
2. januar 1998
Share capital
NOK 90 000
Employees
21 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styret medlemmer hver for seg.
Address
Hæstadveien 5, 4770 Høvåg
Phone
+4795082025
Email
byggmester@modalen.as
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 80 967 | 84 226 | 68 431 | 65 862 | 106 030 |
| Staff expenses | −11 399 | −11 485 | −11 890 | −11 518 | −12 651 |
| EBITDA | 6 287 | 6 712 | 3 392 | 5 232 | 7 111 |
| Depreciation & amort. | −563 | −555 | −340 | −304 | −465 |
| EBIT | 5 724 | 6 157 | 3 053 | 4 928 | 6 645 |
| Net financials | 122 | −123 | 3 227 | −124 | −2 231 |
| Profit before tax | 5 846 | 6 034 | 6 279 | 4 804 | 4 414 |
| Tax | 1 321 | 1 376 | 664 | 1 094 | 1 459 |
| Net profit | 4 525 | 4 658 | 5 616 | 3 710 | 2 955 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 29 670 | 38 907 | 42 225 | 42 695 | 54 306 |
| Equity | 18 916 | 23 439 | 27 742 | 31 482 | 34 437 |
| Long-term debt | 2 492 | 2 193 | 1 836 | 2 139 | 0 |
| Short-term debt | 8 263 | 13 275 | 12 647 | 9 074 | 19 870 |
| Total debt | 10 754 | 15 468 | 14 483 | 11 214 | 19 870 |
EBITDA margin
6.7%
This company
15.8%
Market median
-58% vs market
20212025
Equity ratio
63.4%
This company
38.2%
Market median
+66% vs market
20212025
Return on equity
8.6%
This company
18.4%
Market median
-53% vs market
20212025
Net profit margin
2.8%
This company
8.1%
Market median
-65% vs market
20212025
Asset turnover
1.95×
This company
1.12×
Market median
+74% vs market
20212025
Debt / equity
0.58×
This company
0.62×
Market median
+6% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
RV Chief Executive Officer | Chief Executive Officer | 2007 |
EM Deputy Member | Deputy Member | 2007 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2007 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Modalen Holding As
BYGGMESTER MODALEN AS Board members of BYGGMESTER MODALEN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Richard Vasstrøm Modalen | Chief Executive Officer | 0 companies |
| Eldbjørg Modalen | Deputy Member | 0 companies |
| Bjørn Erik Modalen | Chairman | 0 companies |