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MIDT-TELEMARK BYGG AS
AS
Active
Org 985625506
Sandavegen 20, 3802 Bø I Telemark
Construction of residential and non-residential buildings · NACE 4100
Est. 2003
13 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 15,1M
-24% vs 2023
EBITDA margin
2.9%
+289% vs 2023
Equity ratio
16.4%
Financial strength
Net profit 2024
NOK 231K
+10830% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 15,1M
-24%
EBITDA
NOK 437K
+289%
Net profit
NOK 231K
+10830%
Total assets
NOK 4M
-23%
Equity
NOK 656K
-42%
Employees
13
—
Company information
Legal name
MIDT-TELEMARK BYGG AS
Org number
985625506
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
24. april 2003
Share capital
NOK 50 000
Employees
13 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Drive med salg av hus, samt diverse snekkervirksomhet og byggeledelse.
Contact
Address
Sandavegen 20, 3802 Bø I Telemark
Phone
+4795163018
Email
post@mtbygg.no
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Companies in Construction of residential and non-residential buildings
Companies in Midt-Telemark
All Norway companies
Revenue
NOK millions
0M
6M
12M
17M
23M
14M
2020
20M
2021
16M
2022
20M
2023
15M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
14 396
19 752
16 412
19 890
15 092
Staff expenses
−5 068
−6 224
−7 216
−7 950
−6 111
EBITDA
411
1 374
527
112
437
Depreciation & amort.
−18
−30
−42
−44
−51
EBIT
393
1 343
484
68
386
Net financials
−28
−30
−43
−56
−56
Profit before tax
365
1 313
441
12
330
Tax
84
287
96
10
99
Net profit
280
1 026
345
2
231
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 243
6 828
4 809
5 207
3 990
Equity
396
822
1 137
1 139
656
Long-term debt
757
1 083
962
845
725
Short-term debt
3 090
4 923
2 710
3 223
2 610
Total debt
3 847
6 006
3 672
4 068
3 335
Financial ratios
5-year trend
EBITDA margin
2.9%
This company
15.8%
Market median
-82% vs market
2020
2024
Equity ratio
16.4%
This company
38.2%
Market median
-57% vs market
2020
2024
Return on equity
35.3%
This company
18.4%
Market median
+92% vs market
2020
2024
Net profit margin
1.5%
This company
8.1%
Market median
-81% vs market
2020
2024
Asset turnover
3.78×
This company
1.12×
Market median
+237% vs market
2020
2024
Debt / equity
5.08×
This company
0.62×
Market median
-719% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
EM
Eivind Myhre
Chairman
2019
SL
Sveinung Lønnestad
Board of Directors
2019
Former (1)
TV
Thomas Valen
Board of Directors
2019 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Midt-Telemark Bygg As
Company
33.33%
33.33%
2024
Eivind Myhre Holding As
Company
33.33%
33.33%
2024
Lønnestad Invest As
Company
33.33%
33.33%
2024
Valen Invest As
Company
33.33%
33.33%
2023
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
Eivind Myhre Holding As
MIDT-TELEMARK BYGG AS
(this company)
Board network connections
Board members of MIDT-TELEMARK BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Eivind Myhre
Chairman
0 companies
Sveinung Lønnestad
Board of Directors
0 companies
Thomas Valen
Board of Directors
0 companies