Riskpilot← Back to searchSign inGet full accessMIDAS GROUP AS
ASActiveOrg 988497983Parkveien 43, 0258 OsloBusiness and other management consultancy activities · NACE 7020Est. 20052 employees
Revenue 2024
NOK 180K
-82% vs 2023
EBITDA margin
-1688.0%
+77% vs 2023
Equity ratio
25.6%
Financial strength
Net profit 2024
NOK 3,6M
+348% vs 2023
| Revenue | NOK 180K | -82% |
| EBITDA | NOK -3M | +77% |
| Net profit | NOK 3,6M | +348% |
| Total assets | NOK 113,7M | -4% |
| Equity | NOK 29,1M | +2% |
| Employees | 2 | — |
Legal name
MIDAS GROUP AS
Org number
988497983
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
1. september 2005
Share capital
NOK 1 200 000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Marina ystenes
Company purpose
Kjøp, salg og utleie av fast eiendom, investering i aksjer og verdipapirer og annen tilhørende virksomhet.
Address
Parkveien 43, 0258 Oslo
Phone
+4792806362
Email
frank@midasgroup.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 | 1 664 | 1 800 | 1 520 | 1 024 | 180 |
| Staff expenses | −1 555 | −1 879 | −3 210 | −753 | −1 165 |
| EBITDA | −2 319 | −2 602 | −3 661 | −13 220 | −3 038 |
| Depreciation & amort. | −429 | −356 | −297 | −452 | −238 |
| EBIT | −2 748 | −2 958 | −3 958 | −13 672 | −3 276 |
| Net financials | 4 849 | 12 968 | −1 243 | 10 136 | 7 216 |
| Profit before tax | 2 102 | 10 011 | −5 202 | −3 536 | 3 940 |
| Tax | −521 | −750 | −1 402 | −2 089 | 357 |
| Net profit | 2 623 | 10 761 | −3 800 | −1 447 | 3 583 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 81 626 | 134 654 | 126 235 | 118 145 | 113 707 |
| Equity | 55 730 | 39 491 | 29 826 | 28 379 | 29 057 |
| Long-term debt | 15 569 | 66 476 | 84 379 | 86 721 | 84 047 |
| Short-term debt | 10 327 | 28 687 | 12 030 | 3 045 | 604 |
| Total debt | 25 896 | 95 163 | 96 409 | 89 767 | 84 650 |
EBITDA margin
-1688.0%
This company
15.8%
Market median
-10784% vs market
20202024
Equity ratio
25.6%
This company
38.2%
Market median
-33% vs market
20202024
Return on equity
12.3%
This company
18.4%
Market median
+33% vs market
20202024
Net profit margin
1990.8%
This company
8.1%
Market median
+24478% vs market
20202024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
20202024
Debt / equity
2.91×
This company
0.62×
Market median
-369% 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) | ||
FR Chief Executive Officer | Chief Executive Officer | 2023 |
| Former (1) | ||
PV Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
No data on file.
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.
MIDAS GROUP AS 
Midas Eiendom AsBoard members of MIDAS GROUP AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Frank Roger Ystenes | Chief Executive Officer | 0 companies |
| Paal Vegard Jahrmann | Chief Executive Officer | 0 companies |