Riskpilot← Back to searchSign inGet full accessO MUSTAD & SØN AS
ASActiveOrg 985933197Raufossvegen 40, 2821 GjøvikManufacture of sports goods · NACE 3230Est. 200310 employeeswww.mustad.no
Revenue 2024
NOK 90M
+2% vs 2023
EBITDA margin
0.3%
+102% vs 2023
Equity ratio
52.8%
Financial strength
Net profit 2024
NOK 2,9M
+140% vs 2023
| Revenue | NOK 90M | +2% |
| EBITDA | NOK 270K | +102% |
| Net profit | NOK 2,9M | +140% |
| Total assets | NOK 447,9M | +18% |
| Equity | NOK 236,5M | +2% |
| Employees | 10 | — |
Legal name
O MUSTAD & SØN AS
Org number
985933197
Legal form
Aksjeselskap
NACE code
3230 · Manufacture of sports goods
Founded
19. august 2003
Share capital
NOK 23 490 100
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Drive industri og handel, samt deltagelse i annen næringsvirksomhet i inn- og utland.
Address
Raufossvegen 40, 2821 Gjøvik
Phone
+4797740400
Email
info@mustad.no
Website
www.mustad.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 123 612 | 135 069 | 129 288 | 87 882 | 89 993 |
| Staff expenses | −32 668 | −33 441 | −31 780 | −27 999 | −22 153 |
| EBITDA | −1 830 | −10 899 | −22 351 | −14 181 | 270 |
| Depreciation & amort. | −1 048 | −757 | −1 677 | −0 | −0 |
| EBIT | −2 878 | −11 656 | −24 028 | −14 181 | 270 |
| Net financials | 4 764 | 23 166 | 20 756 | 5 660 | 4 642 |
| Profit before tax | 1 886 | 11 510 | −3 272 | −8 521 | 4 912 |
| Tax | −117 | −42 | −995 | −1 116 | 1 976 |
| Net profit | 2 003 | 11 552 | −2 277 | −7 405 | 2 936 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 324 997 | 354 375 | 369 915 | 378 450 | 447 934 |
| Equity | 229 805 | 241 268 | 239 044 | 231 300 | 236 492 |
| Long-term debt | 62 271 | 66 532 | 64 346 | 58 993 | 57 359 |
| Short-term debt | 24 897 | 39 172 | 59 568 | 81 657 | 148 450 |
| Total debt | 87 168 | 105 704 | 123 914 | 140 650 | 205 809 |
EBITDA margin
0.3%
This company
15.8%
Market median
-98% vs market
20202024
Equity ratio
52.8%
This company
38.2%
Market median
+38% vs market
20202024
Return on equity
1.2%
This company
18.4%
Market median
-93% vs market
20202024
Net profit margin
3.3%
This company
8.1%
Market median
-59% vs market
20202024
Asset turnover
0.20×
This company
1.12×
Market median
-82% vs market
20202024
Debt / equity
0.89×
This company
0.62×
Market median
+44% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AA Chief Executive Officer | Chief Executive Officer | 2024 |
| Former (1) | ||
KR Chief Executive Officer | Chief Executive Officer | 2020 – 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
| Board of Directors | 2020 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2026 | |
| Chairman | 2020 | |
| Board of Directors | 2020 | |
| Former (4) | ||
| Board of Directors | 2020 – 2024 | |
| Board of Directors | 2020 – 2025 | |
| Board of Directors | 2025 – 2025 | |
| Board of Directors | 2024 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 48.24% | 48.24% | 2024 | |
Verdane Capital Ix E Ab | Company | 25.71% | 25.71% | 2024 |
| Individual | 25.71% | 25.71% | 2022 | |
| Individual | 24.49% | 24.49% | 2022 | |
Verdane Capital Ix D Ab | Company | 24.49% | 24.49% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
O MUSTAD & SØN AS 
O MUSTAD & SØN ASBoard members of O MUSTAD & SØN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kenni Riise | Chief Executive Officer | 0 companies |
| Arild Aakre | Chief Executive Officer | 0 companies |
| Michael Gegerfeldt | Board of Directors | 0 companies |
| Arne Handeland | Board of Directors | 0 companies |
| Sara Lisa Sofia Nyquist | Board of Directors | 0 companies |
| Ann-Kristin Lund | Board of Directors | 0 companies |
| Henning Jørnsen | Board of Directors | 0 companies |
| Kari Seppo Kauniskangas | Board of Directors | 0 companies |
| Ulf Bjerknes | Chairman | 0 companies |
| Ingvild Grøtte Bostrøm | Board of Directors | 0 companies |
| Børre Loe Nordheim-Larsen | Board of Directors | 0 companies |
| Grant Roy Douglas Ottignon-Harris | Board of Directors | 0 companies |