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BYGGMESTER UNDSETH AS
AS
Bankrupt
Org 989071645
Moveien 65, 3221 Sandefjord
Construction of residential and non-residential buildings · NACE 4100
Est. 2006
8 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 11,4M
-26% vs 2023
EBITDA margin
-3.8%
-151% vs 2023
Equity ratio
38.2%
Financial strength
Net profit 2024
NOK -529K
-185% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
-1M
2020
0M
+100%
2021
1M
+100%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 11,4M
-26%
EBITDA
NOK -436K
-151%
Net profit
NOK -529K
-185%
Total assets
NOK 4,2M
-11%
Equity
NOK 1,6M
-36%
Employees
8
—
Company information
Legal name
BYGGMESTER UNDSETH AS
Org number
989071645
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
7. januar 2006
Share capital
NOK 100 000
Employees
8 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Bygge- og anleggsvirksomhet og virksomhet som står i naturlig forbindelse med dette.
Contact
Address
Moveien 65, 3221 Sandefjord
Phone
+4733477315
Email
post@byggmesterundseth.no
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Explore
Companies in Construction of residential and non-residential buildings
Companies in Sandefjord
All Norway companies
Revenue
NOK millions
0M
5M
10M
16M
21M
12M
2020
15M
2021
18M
2022
15M
2023
11M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
-1M
2020
0M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
11 920
15 394
18 049
15 311
11 365
Staff expenses
−5 602
−4 511
−3 659
−3 074
−4 669
EBITDA
−630
313
536
859
−436
Depreciation & amort.
−95
−95
−71
−17
−89
EBIT
−726
217
464
842
−525
Net financials
−38
−46
−60
−47
−4
Profit before tax
−764
171
404
795
−529
Tax
−168
38
89
175
−0
Net profit
−596
134
315
620
−529
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 780
3 490
5 065
4 729
4 213
Equity
1 441
1 575
1 890
2 510
1 608
Long-term debt
0
0
0
0
0
Short-term debt
2 339
1 915
3 175
2 219
2 606
Total debt
2 339
1 915
3 175
2 219
2 606
Financial ratios
5-year trend
EBITDA margin
-3.8%
This company
15.8%
Market median
-124% vs market
2020
2024
Equity ratio
38.2%
This company
38.2%
Market median
+0% vs market
2020
2024
Return on equity
-32.9%
This company
18.4%
Market median
-279% vs market
2020
2024
Net profit margin
-4.7%
This company
8.1%
Market median
-158% vs market
2020
2024
Asset turnover
2.70×
This company
1.12×
Market median
+141% vs market
2020
2024
Debt / equity
1.62×
This company
0.62×
Market median
-161% 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
Name
Role
Member since
Former (1)
BA
Bjørg Aadne Undseth
Deputy Member
Deputy Member
2006 – 2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TA
Thomas Aadne Undseth
Chairman
2024
AA
Andre Aadne Undseth
Board of Directors
2024
Former (1)
AR
Arne Rolf Undseth
Chairman
2006 – 2024
Shareholders
As of last annual report
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of BYGGMESTER UNDSETH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørg Aadne Undseth
Deputy Member
0 companies
Arne Rolf Undseth
Chairman
0 companies
Thomas Aadne Undseth
Chairman
0 companies
Andre Aadne Undseth
Board of Directors
0 companies