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MAGNE MADSEN AS
AS
Active
Org 981049098
Heiveien 871, 4985 Vegårshei
Retail sale of automotive fuel · NACE 4730
Est. 1999
12 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5,3M
-69% vs 2023
EBITDA margin
5.1%
-53% vs 2023
Equity ratio
-7.7%
Financial strength
Net profit 2024
NOK -148K
-197% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
0M
-100%
2021
0M
0%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 5,3M
-69%
EBITDA
NOK 268K
-53%
Net profit
NOK -148K
-197%
Total assets
NOK 2,7M
-18%
Equity
NOK -212K
-230%
Employees
12
—
Company information
Legal name
MAGNE MADSEN AS
Org number
981049098
Legal form
Aksjeselskap
NACE code
4730 · Retail sale of automotive fuel
Founded
18. august 1999
Share capital
NOK 700 000
Employees
12 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Heiveien 871, 4985 Vegårshei
Phone
+4737169371
Email
esso@magnemadsen.no
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Explore
Companies in Retail sale of automotive fuel
Companies in Vegårshei
All Norway companies
Revenue
NOK millions
0M
5M
11M
16M
22M
13M
2020
15M
2021
19M
2022
17M
2023
5M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
13 174
15 382
18 589
16 809
5 289
Staff expenses
−947
−1 060
−1 269
−1 278
−1 268
EBITDA
605
334
166
573
268
Depreciation & amort.
−240
−190
−215
−187
−182
EBIT
366
144
−49
387
86
Net financials
−136
−115
−193
−234
−233
Profit before tax
230
29
−242
153
−148
Tax
−0
−0
−0
−0
−0
Net profit
230
29
−242
153
−148
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 947
2 670
3 263
3 353
2 734
Equity
−4
26
−217
−64
−212
Long-term debt
2 228
2 022
2 865
2 536
2 257
Short-term debt
722
623
614
882
688
Total debt
2 951
2 644
3 479
3 418
2 945
Financial ratios
5-year trend
EBITDA margin
5.1%
This company
15.8%
Market median
-68% vs market
2020
2024
Equity ratio
-7.7%
This company
38.2%
Market median
-120% vs market
2020
2024
Return on equity
-14752500.0%
This company
18.4%
Market median
-80176730% vs market
2020
2024
Net profit margin
-2.8%
This company
8.1%
Market median
-135% vs market
2020
2024
Asset turnover
1.93×
This company
1.12×
Market median
+72% vs market
2020
2024
Debt / equity
13.91×
This company
0.62×
Market median
-2144% 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)
JP
John Peder Madsen
Deputy Member
Deputy Member
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MI
Magne Ingolf Madsen
Chairman
2011
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MAGNE MADSEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
John Peder Madsen
Deputy Member
0 companies
Magne Ingolf Madsen
Chairman
0 companies