Riskpilot← Back to searchSign inGet full accessBRØDRENE MIDTHAUG AS
ASActiveOrg 987604018Skallvegen 1, 6453 KleiveManufacture of metal structures and parts of structures · NACE 2511Est. 2004113 employeeswww.midthaug.no
Revenue 2024
NOK 252,9M
-23% vs 2023
EBITDA margin
0.0%
-101% vs 2023
Equity ratio
45.4%
Financial strength
Net profit 2024
NOK -3M
-164% vs 2023
| Revenue | NOK 252,9M | -23% |
| EBITDA | NOK -73K | -101% |
| Net profit | NOK -3M | -164% |
| Total assets | NOK 104,3M | -18% |
| Equity | NOK 47,4M | -8% |
| Employees | 113 | — |
Legal name
BRØDRENE MIDTHAUG AS
Org number
987604018
Legal form
Aksjeselskap
NACE code
2511 · Manufacture of metal structures and parts of structures
Founded
15. desember 2004
Share capital
NOK 12 800 000
Employees
113 (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
Industriell produksjon og salg samt alt som naturlig måtte falle inn under dette, herunder deltakelse i andre selskap med lignende virksomhet.
Address
Skallvegen 1, 6453 Kleive
Website
www.midthaug.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 167 772 | 147 064 | 124 462 | 142 234 | 160 085 | 155 475 | 160 279 | 163 915 | 210 941 | 190 124 | 220 525 | 225 996 | 226 466 | 257 607 | 290 137 | 327 811 | 252 938 |
| Staff expenses | −32 608 | −31 103 | −31 213 | −32 861 | −37 742 | −68 154 | −66 530 | −62 262 | −67 529 | −65 267 | −68 444 | −71 798 | −73 900 | −83 158 | −87 782 | −103 703 | −97 813 |
| EBITDA | 15 772 | 14 206 | 3 036 | 498 | 11 347 | −2 337 | 4 199 | −4 809 | 5 546 | 7 860 | 13 809 | 11 838 | 9 202 | 12 958 | 14 834 | 12 080 | −73 |
| Depreciation & amort. | −2 564 | −2 536 | −2 190 | −2 131 | −1 524 | −1 606 | −2 021 | −2 332 | −2 781 | −2 821 | −2 956 | −1 626 | −1 615 | −1 448 | −1 710 | −2 594 | −3 338 |
| EBIT | 13 208 | 11 670 | 846 | −1 633 | 9 823 | −3 944 | 2 178 | −7 142 | 2 765 | 5 040 | 10 853 | 10 211 | 7 587 | 11 510 | 13 124 | 9 485 | −3 411 |
| Net financials | −104 | 141 | −151 | −464 | −751 | −825 | −1 147 | −1 278 | −1 211 | −985 | −617 | −191 | −219 | −151 | −26 | −2 721 | −373 |
| Profit before tax | 13 104 | 11 811 | 695 | −2 096 | 9 072 | −4 769 | 1 031 | −8 419 | 1 553 | 4 055 | 10 237 | 10 021 | 7 369 | 11 359 | 13 098 | 6 764 | −3 784 |
| Tax | 3 638 | 3 240 | 244 | −559 | 2 559 | −1 094 | 248 | −1 730 | 668 | 1 189 | 2 499 | 2 217 | 1 645 | 2 507 | 2 936 | 2 118 | −805 |
| Net profit | 9 466 | 8 571 | 451 | −1 537 | 6 513 | −3 674 | 783 | −6 689 | 885 | 2 866 | 7 738 | 7 803 | 5 723 | 8 852 | 10 162 | 4 647 | −2 979 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 75 177 | 72 602 | 64 214 | 77 798 | 91 284 | 72 922 | 81 690 | 82 400 | 88 351 | 88 291 | 105 062 | 93 331 | 103 583 | 98 383 | 120 494 | 127 026 | 104 330 |
| Equity | 28 322 | 32 523 | 32 974 | 32 287 | 32 965 | 22 902 | 23 860 | 32 226 | 33 225 | 35 476 | 39 334 | 44 088 | 38 493 | 47 345 | 52 507 | 51 622 | 47 402 |
| Long-term debt | 7 325 | 5 675 | 4 025 | 2 425 | 3 125 | 1 940 | 1 320 | 15 600 | 14 000 | 10 800 | 9 200 | 3 367 | 3 666 | 1 583 | 675 | 2 916 | 6 887 |
| Short-term debt | 37 679 | 32 422 | 26 311 | 42 319 | 54 530 | 47 757 | 56 251 | 34 274 | 40 917 | 41 734 | 56 528 | 45 876 | 61 424 | 49 454 | 67 313 | 72 488 | 50 041 |
| Total debt | 45 004 | 38 097 | 30 336 | 44 744 | 57 655 | 49 697 | 57 571 | 49 874 | 54 917 | 52 534 | 65 728 | 49 243 | 65 090 | 51 038 | 67 987 | 75 405 | 56 928 |
EBITDA margin
-0.0%
This company
15.8%
Market median
-100% vs market
20082024
Equity ratio
45.4%
This company
38.2%
Market median
+19% vs market
20082024
Return on equity
-6.3%
This company
18.4%
Market median
-134% vs market
20082024
Net profit margin
-1.2%
This company
8.1%
Market median
-115% vs market
20082024
Asset turnover
2.42×
This company
1.12×
Market median
+116% vs market
20082024
Debt / equity
1.20×
This company
0.62×
Market median
-94% 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 |
|---|---|---|---|---|
EM Deputy Member | Deputy Member | 2024 | — | — |
SK Deputy Member | Deputy Member | 2023 | — | — |
KT Deputy Member | Deputy Member | 2024 | — | — |
BA Deputy Member | Deputy Member | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2018 | — | — | |
| Chairman | 2018 | — | — | |
| Board of Directors | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Midthaug As | Company | 100.0% | 100.0% | 2024 |
| Individual | 100.0% | 100.0% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Midthaug Holding As
BRØDRENE MIDTHAUG AS Board members of BRØDRENE MIDTHAUG AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Espen Midthaug | Deputy Member | 0 companies |
| Sebastian Kalset Midthaug | Deputy Member | 0 companies |
| Karsten Tobias Kalset Midthaug | Deputy Member | 0 companies |
| Børre Asphol Midthaug | Deputy Member | 0 companies |
| Kennet Lydersen Brekke | Board of Directors | 0 companies |
| Otto Mathias Midthaug | Board of Directors | 0 companies |
| Karsten Midthaug | Chairman | 0 companies |
| Turid Kalset Midthaug | Board of Directors | 0 companies |