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MADLAVEIEN 238 AS
AS
Active
Org 979626754
Myrvangveien 6, 4016 Stavanger
Rental and operating of own or leased real estate · NACE 6820
Est. 1998
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,5M
+10% vs 2023
EBITDA margin
28.4%
-61% vs 2023
Equity ratio
45.8%
Financial strength
Net profit 2024
NOK 1,2M
-68% vs 2023
EBITDA — year on year
NOK millions
6M
5M
3M
2M
0M
4M
2020
4M
0%
2021
5M
+25%
2022
5M
0%
2023
2M
-60%
2024
Key figures
Annual report 2024
Revenue
NOK 7,5M
+10%
EBITDA
NOK 2,1M
-61%
Net profit
NOK 1,2M
-68%
Total assets
NOK 17,7M
-24%
Equity
NOK 8,1M
-39%
Employees
0
—
Company information
Legal name
MADLAVEIEN 238 AS
Org number
979626754
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
9. februar 1998
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Contact
Address
Myrvangveien 6, 4016 Stavanger
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
6M
2020
6M
2021
6M
2022
7M
2023
7M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
4M
2020
4M
2021
5M
2022
5M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
5 796
6 449
6 326
6 806
7 478
Staff expenses
−0
−0
−0
−0
−0
EBITDA
4 424
4 273
5 254
5 419
2 121
Depreciation & amort.
−592
−592
−592
−592
−590
EBIT
3 832
3 681
4 662
4 827
1 531
Net financials
2
0
27
186
56
Profit before tax
3 834
3 681
4 689
5 013
1 587
Tax
844
810
1 032
1 103
349
Net profit
2 991
2 871
3 657
3 909
1 237
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
24 441
24 163
22 979
23 169
17 711
Equity
18 441
16 312
15 970
13 379
8 116
Long-term debt
295
272
242
206
163
Short-term debt
5 705
7 579
6 767
9 585
9 431
Total debt
6 000
7 851
7 009
9 790
9 595
Financial ratios
5-year trend
EBITDA margin
28.4%
This company
15.8%
Market median
+80% vs market
2020
2024
Equity ratio
45.8%
This company
38.2%
Market median
+20% vs market
2020
2024
Return on equity
15.2%
This company
18.4%
Market median
+17% vs market
2020
2024
Net profit margin
16.5%
This company
8.1%
Market median
+104% vs market
2020
2024
Asset turnover
0.42×
This company
1.12×
Market median
-63% vs market
2020
2024
Debt / equity
1.18×
This company
0.62×
Market median
-90% 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)
KT
Kirsti Tønnessen
Chief Executive Officer
Chief Executive Officer
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TJ
Trygve Jacobsen
Chairman
2011
TJ
Trond Jacobsen
Board of Directors
2011
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Westco Eiendom As
Company
100%
100%
2023
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Company hierarchy
Westco Eiendom Holding As
Westco Eiendom As
MADLAVEIEN 238 AS
(this company)
Board network connections
Board members of MADLAVEIEN 238 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kirsti Tønnessen
Chief Executive Officer
0 companies
Trygve Jacobsen
Chairman
0 companies
Trond Jacobsen
Board of Directors
0 companies