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MIL SEC NORGE AS
AS
Active
Org 979943725
Ryensvingen 3, 0680 Oslo
Engroshandel med maskiner og utstyr til handel, transport og tjenesteyting ellers · NACE 46694
Est. 1998
0 employees
www.milsec.no
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Overview
Financials
People & ownership
Related companies
Revenue 2018
NOK 78M
+40% vs 2017
EBITDA margin
13.2%
+34% vs 2017
Equity ratio
21.6%
Financial strength
Net profit 2018
NOK 7,9M
+37% vs 2017
EBITDA — year on year
NOK millions
13M
9M
6M
2M
-1M
-1M
2014
8M
+900%
2015
3M
-62%
2016
8M
+167%
2017
10M
+25%
2018
Key figures
Annual report 2018
Revenue
NOK 78M
+40%
EBITDA
NOK 10,3M
+34%
Net profit
NOK 7,9M
+37%
Total assets
NOK 25M
+6%
Equity
NOK 5,4M
-30%
Employees
0
—
Company information
Legal name
MIL SEC NORGE AS
Org number
979943725
Legal form
Aksjeselskap
NACE code
46694 · Engroshandel med maskiner og utstyr til handel, transport og tjenesteyting ellers
Founded
4. juni 1998
Share capital
NOK 35 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2018-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap eller daglig leder og et styremedlem i fellesskap.
Contact
Address
Ryensvingen 3, 0680 Oslo
Website
www.milsec.no
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Companies in Engroshandel med maskiner og utstyr til handel, transport og tjenesteyting ellers
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
22M
45M
67M
90M
35M
2014
50M
2015
34M
2016
56M
2017
78M
2018
EBITDA
NOK millions
0M
3M
6M
9M
12M
-1M
2014
8M
2015
3M
2016
8M
2017
10M
2018
Income statement
NOK thousands
Item
2014
2015
2016
2017
2018
Revenue
35 048
50 145
33 847
55 886
78 000
Staff expenses
−8 676
−6 419
−6 748
−7 870
−11 353
EBITDA
−745
7 675
3 347
7 661
10 261
Depreciation & amort.
−29
−31
−46
−23
−71
EBIT
−774
7 644
3 301
7 638
10 190
Net financials
−282
−208
40
−79
51
Profit before tax
−1 056
7 435
3 340
7 559
10 241
Tax
−277
2 020
849
1 826
2 362
Net profit
−779
5 415
2 491
5 734
7 878
Balance sheet
NOK thousands
Item
2014
2015
2016
2017
2018
Total assets
9 456
18 636
19 182
23 518
24 970
Equity
3 242
4 729
7 220
7 719
5 405
Long-term debt
0
0
0
0
0
Short-term debt
6 214
13 907
11 961
15 799
19 564
Total debt
6 214
13 907
11 961
15 799
19 564
Financial ratios
5-year trend
EBITDA margin
13.2%
This company
15.8%
Market median
-16% vs market
2014
2018
Equity ratio
21.6%
This company
38.2%
Market median
-43% vs market
2014
2018
Return on equity
145.7%
This company
18.4%
Market median
+692% vs market
2014
2018
Net profit margin
10.1%
This company
8.1%
Market median
+25% vs market
2014
2018
Asset turnover
3.12×
This company
1.12×
Market median
+179% vs market
2014
2018
Debt / equity
3.62×
This company
0.62×
Market median
-484% vs market
2014
2018
Annual reports & filings
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Annual report 2015
Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
View
PDF
Annual report 2014
Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
PO
Per Ove Paulsen
Chief Executive Officer
Chief Executive Officer
2007
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
MS
Marius Stormoen
Board of Directors
2019
TB
Terje Bøe
Chairman
2019
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MIL SEC NORGE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Per Ove Paulsen
Chief Executive Officer
0 companies
Marius Stormoen
Board of Directors
0 companies
Terje Bøe
Chairman
0 companies