Riskpilot← Back to searchSign inGet full accessMILLBA AS
ASActiveOrg 980786706Luksefjellvegen 217, 3721 SkienManufacture of bread; manufacture of fresh pastry goods and cakes · NACE 1071Est. 1999181 employees
Revenue 2024
NOK 386M
+5% vs 2023
EBITDA margin
7.5%
+119% vs 2023
Equity ratio
15.9%
Financial strength
Net profit 2024
NOK 13,8M
+217% vs 2023
| Revenue | NOK 386M | +5% |
| EBITDA | NOK 29,1M | +119% |
| Net profit | NOK 13,8M | +217% |
| Total assets | NOK 210,6M | +4% |
| Equity | NOK 33,5M | +8% |
| Employees | 181 | — |
Legal name
MILLBA AS
Org number
980786706
Legal form
Aksjeselskap
NACE code
1071 · Manufacture of bread; manufacture of fresh pastry goods and cakes
Founded
12. mai 1999
Share capital
NOK 12 685 020
Employees
181 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Address
Luksefjellvegen 217, 3721 Skien
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| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 75 835 | 73 785 | 72 033 | 72 792 | 75 318 | 71 106 | 74 657 | 77 090 | 89 440 | 106 592 | 193 453 | 222 486 | 235 866 | 256 953 | 312 900 | 367 341 | 385 985 |
| Staff expenses | −15 054 | −13 351 | −13 519 | −13 242 | −16 189 | −15 522 | −18 367 | −18 298 | −21 476 | −27 701 | −55 070 | −62 461 | −65 955 | −73 022 | −86 187 | −95 772 | −100 381 |
| EBITDA | 10 644 | 11 441 | 10 304 | 9 949 | 9 910 | 6 386 | 2 345 | 6 112 | 9 140 | 9 482 | 19 947 | 22 672 | 21 325 | 18 730 | 14 696 | 13 254 | 29 075 |
| Depreciation & amort. | −6 776 | −7 150 | −6 686 | −6 797 | −5 520 | −3 838 | −9 062 | −4 629 | −4 268 | −4 602 | −6 963 | −7 197 | −7 855 | −9 124 | −10 857 | −10 810 | −13 825 |
| EBIT | 3 868 | 4 291 | 3 618 | 3 152 | 4 390 | 2 547 | −6 716 | 1 483 | 4 871 | 4 880 | 12 984 | 15 475 | 13 470 | 9 606 | 3 840 | 2 444 | 15 250 |
| Net financials | −1 855 | 234 | 398 | −45 | −826 | −1 174 | −1 491 | −67 | 594 | 1 154 | 4 028 | 9 196 | 5 489 | 6 291 | 7 178 | 1 094 | 445 |
| Profit before tax | 2 012 | 4 525 | 4 015 | 3 107 | 3 564 | 1 373 | −8 207 | 1 416 | 5 465 | 6 034 | 17 012 | 24 671 | 18 959 | 15 897 | 11 018 | 3 538 | 15 694 |
| Tax | 97 | 662 | 809 | 675 | 733 | 365 | −859 | −0 | −0 | 1 186 | 2 438 | 3 145 | 2 705 | 1 786 | 520 | −794 | 1 941 |
| Net profit | 1 916 | 3 863 | 3 207 | 2 433 | 2 831 | 1 007 | −7 348 | 1 416 | 5 465 | 4 848 | 14 574 | 21 525 | 16 254 | 14 111 | 10 498 | 4 332 | 13 753 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 64 156 | 72 337 | 63 839 | 55 729 | 63 857 | 66 652 | 58 401 | 47 162 | 45 036 | 82 637 | 100 280 | 120 575 | 133 466 | 150 554 | 172 222 | 201 641 | 210 593 |
| Equity | 20 257 | 24 120 | 19 326 | 16 559 | 17 754 | 18 761 | 11 969 | 13 385 | 18 850 | 13 698 | 15 050 | 23 284 | 27 538 | 31 292 | 29 928 | 31 123 | 33 476 |
| Long-term debt | −406 | −409 | −224 | −126 | 16 573 | 14 719 | 13 776 | 7 656 | 4 142 | 34 480 | 50 136 | 51 774 | 52 786 | 65 424 | 79 085 | 76 731 | 95 504 |
| Short-term debt | 15 943 | 22 677 | 23 080 | 21 442 | 29 418 | 33 125 | 32 657 | 26 121 | 22 044 | 34 459 | 35 094 | 45 517 | 53 142 | 53 838 | 63 208 | 93 787 | 81 613 |
| Total debt | 43 493 | 47 809 | 44 288 | 39 043 | 45 991 | 47 844 | 46 432 | 33 777 | 26 186 | 68 939 | 85 231 | 97 291 | 105 928 | 119 262 | 142 294 | 170 518 | 177 117 |
EBITDA margin
7.5%
This company
15.8%
Market median
-53% vs market
20082024
Equity ratio
15.9%
This company
38.2%
Market median
-58% vs market
20082024
Return on equity
41.1%
This company
18.4%
Market median
+123% vs market
20082024
Net profit margin
3.6%
This company
8.1%
Market median
-56% vs market
20082024
Asset turnover
1.83×
This company
1.12×
Market median
+63% vs market
20082024
Debt / equity
5.29×
This company
0.62×
Market median
-753% vs market
20082024
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
BO Chief Executive Officer | Chief Executive Officer | 2003 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Nordbake As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Hebo-Invest As
MILLBA AS Board members of MILLBA AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bernt Ove Søvik | Chief Executive Officer | 0 companies |
| Hans Johan Velsand | Board of Directors | 0 companies |
| Henrik Bo Jørgensen | Board of Directors | 0 companies |
| Helene Sørensen Jørgensen | Board of Directors | 0 companies |
| Knut Glad | Chairman | 0 companies |