Riskpilot← Back to searchSign inGet full accessMONARK AS
ASActiveOrg 988778338Hvittingfossveien 473, 3090 HofManufacture of tools · NACE 2563Est. 200557 employees
Revenue 2024
NOK 208,8M
+20% vs 2023
EBITDA margin
8.7%
+40% vs 2023
Equity ratio
27.5%
Financial strength
Net profit 2024
NOK 9,1M
+274% vs 2023
| Revenue | NOK 208,8M | +20% |
| EBITDA | NOK 18,1M | +40% |
| Net profit | NOK 9,1M | +274% |
| Total assets | NOK 148,1M | +17% |
| Equity | NOK 40,7M | +16% |
| Employees | 57 | — |
Legal name
MONARK AS
Org number
988778338
Legal form
Aksjeselskap
NACE code
2563 · Manufacture of tools
Founded
24. oktober 2005
Share capital
NOK 100 000
Employees
57 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Rune hellingsrud
Company purpose
Poduksjon og salg av fjellbor, spesialprodukter, ovnstappingsutstyr for smelteverk, samt annet som står i forbindelse med dette.
Address
Hvittingfossveien 473, 3090 Hof
Phone
+4733095000
Email
rh@monark-no.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 31 743 | 35 310 | 40 354 | 46 697 | 45 073 | 53 203 | 57 723 | 60 868 | 70 524 | 77 201 | 88 345 | 122 547 | 127 486 | 152 775 | 173 444 | 208 850 |
| Staff expenses | −0 | −0 | −10 290 | −11 013 | −11 361 | −12 069 | −12 165 | −14 674 | −15 387 | −16 765 | −19 418 | −20 842 | −24 618 | −26 079 | −26 777 | −29 305 | −32 762 | −35 283 |
| EBITDA | 0 | 0 | 3 022 | 1 913 | 2 156 | 3 313 | 3 084 | 3 268 | 5 818 | 4 618 | 5 560 | 4 890 | 5 208 | 10 964 | 5 204 | 13 904 | 12 928 | 18 133 |
| Depreciation & amort. | −0 | −0 | −467 | −681 | −664 | −614 | −503 | −742 | −762 | −860 | −1 021 | −1 561 | −1 266 | −1 425 | −1 880 | −2 812 | −3 272 | −4 106 |
| EBIT | 0 | 0 | 2 555 | 1 231 | 1 492 | 2 699 | 2 582 | 2 526 | 5 056 | 3 758 | 4 539 | 3 329 | 3 942 | 9 539 | 3 323 | 11 092 | 9 657 | 14 027 |
| Net financials | 0 | 0 | −604 | 888 | −20 | −134 | −358 | 418 | −1 955 | −1 621 | −853 | −542 | −1 829 | −1 401 | 690 | −908 | −6 480 | −2 283 |
| Profit before tax | 0 | 0 | 1 951 | 2 119 | 1 472 | 2 565 | 2 224 | 2 944 | 3 101 | 2 137 | 3 686 | 2 788 | 2 113 | 8 138 | 4 013 | 10 184 | 3 177 | 11 744 |
| Tax | −0 | −0 | 549 | 584 | 416 | 719 | 633 | 804 | 852 | 546 | 891 | 648 | 479 | 1 792 | 898 | 2 247 | 736 | 2 627 |
| Net profit | 0 | 0 | 1 402 | 1 536 | 1 056 | 1 847 | 1 591 | 2 140 | 2 249 | 1 591 | 2 795 | 2 140 | 1 633 | 6 346 | 3 115 | 7 937 | 2 441 | 9 118 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | — | 14 585 | 17 988 | 18 509 | 20 435 | 24 964 | 29 013 | 33 252 | 37 259 | 43 689 | 48 877 | 68 377 | 80 592 | 86 952 | 111 690 | 126 151 | 148 060 |
| Equity | — | — | 5 624 | 7 160 | 8 216 | 9 863 | 11 454 | 13 594 | 15 843 | 17 085 | 19 879 | 22 019 | 22 686 | 26 207 | 27 457 | 33 171 | 35 096 | 40 714 |
| Long-term debt | 0 | 0 | 2 336 | −332 | −222 | −122 | 4 876 | 6 409 | 7 901 | 7 050 | 10 334 | 7 108 | 18 043 | 15 732 | 21 859 | 19 650 | 28 278 | 24 528 |
| Short-term debt | 0 | 0 | 6 420 | 8 262 | 8 168 | 8 305 | 8 602 | 9 004 | 9 507 | 13 124 | 13 476 | 19 750 | 27 648 | 38 653 | 37 637 | 58 870 | 62 776 | 82 819 |
| Total debt | 0 | 0 | 8 756 | 10 496 | 10 071 | 10 450 | 13 478 | 15 413 | 17 409 | 20 174 | 23 810 | 26 858 | 45 691 | 54 386 | 59 496 | 78 519 | 91 055 | 107 347 |
EBITDA margin
8.7%
This company
15.8%
Market median
-45% vs market
20072024
Equity ratio
27.5%
This company
38.2%
Market median
-28% vs market
20072024
Return on equity
22.4%
This company
18.4%
Market median
+22% vs market
20072024
Net profit margin
4.4%
This company
8.1%
Market median
-46% vs market
20072024
Asset turnover
1.41×
This company
1.12×
Market median
+26% vs market
20072024
Debt / equity
2.64×
This company
0.62×
Market median
-326% vs market
20072024
- 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
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
No data on file.
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2014 | — | — | |
| Board of Directors | 2014 | — | — | |
| Chairman | 2014 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Monark International As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Monark International As
MONARK AS Board members of MONARK AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Arvid Melstveit | Board of Directors | 0 companies |
| Roar Hellingsrud | Board of Directors | 0 companies |
| Rune Hellingsrud | Chairman | 0 companies |