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MIFO HUSTADVIKA AS
AS
Active
Org 979961820
Myrbostadvegen 72, 6440 Elnesvågen
Electrical installation · NACE 4321
Est. 1998
5 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,3M
0% vs 2023
EBITDA margin
14.3%
+4% vs 2023
Equity ratio
37.9%
Financial strength
Net profit 2024
NOK 826K
+2% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
2M
+100%
2021
2M
0%
2022
1M
-50%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 7,3M
+0%
EBITDA
NOK 1M
+4%
Net profit
NOK 826K
+2%
Total assets
NOK 4,9M
-1%
Equity
NOK 1,9M
-22%
Employees
5
—
Company information
Legal name
MIFO HUSTADVIKA AS
Org number
979961820
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
24. juni 1998
Share capital
NOK 400 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Myrbostadvegen 72, 6440 Elnesvågen
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Companies in Electrical installation
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All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
9M
2020
10M
2021
9M
2022
7M
2023
7M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
2M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
8 683
10 068
9 039
7 262
7 268
Staff expenses
−3 579
−4 085
−3 660
−3 498
−4 103
EBITDA
1 283
1 600
1 543
1 004
1 041
Depreciation & amort.
−42
−32
−47
−74
−72
EBIT
1 241
1 568
1 496
931
968
Net financials
10
11
61
107
90
Profit before tax
1 251
1 580
1 557
1 038
1 058
Tax
276
347
342
227
232
Net profit
975
1 233
1 215
811
826
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 325
5 900
5 694
4 961
4 917
Equity
2 270
2 503
2 466
2 399
1 862
Long-term debt
0
0
0
0
0
Short-term debt
4 055
3 398
3 228
2 562
3 055
Total debt
4 055
3 398
3 228
2 562
3 055
Financial ratios
5-year trend
EBITDA margin
14.3%
This company
15.8%
Market median
-9% vs market
2020
2024
Equity ratio
37.9%
This company
38.2%
Market median
+1% vs market
2020
2024
Return on equity
44.4%
This company
18.4%
Market median
+141% vs market
2020
2024
Net profit margin
11.4%
This company
8.1%
Market median
+41% vs market
2020
2024
Asset turnover
1.48×
This company
1.12×
Market median
+32% vs market
2020
2024
Debt / equity
1.64×
This company
0.62×
Market median
-165% 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)
DM
Daniel Moen
Chief Executive Officer
Chief Executive Officer
2024
Former (1)
OR
Ole-Petter Runde Bolli
Chief Executive Officer
Chief Executive Officer
2015 – 2024
Board of directors
Non-executive oversight
Name
Role
Member since
Former (1)
OI
Odd Ivar Moen
Chairman
2017 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Mifo As
Company
92%
92%
2024
Halvor Arne Røsand
Individual
8%
8%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MIFO HUSTADVIKA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole-Petter Runde Bolli
Chief Executive Officer
0 companies
Daniel Moen
Chief Executive Officer
0 companies
Odd Ivar Moen
Chairman
0 companies