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Moderne Varme AS
AS
Active
Org 992180048
Osvegen 11, 6770
Nordfjordeid
Manufacture of electric domestic appliances
·
NACE 2751
Est. 2008 · 18 years old
3 employees
www.modernevarme.no
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Norway
/
Companies
/
Manufacture of electric domestic appliances
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Moderne Varme AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
29M
21M
14M
7M
0M
2020: 23M
23M
2020
2021: 13M (-43% vs 2020)
13M
-43%
2021
2022: 9M (-31% vs 2021)
9M
-31%
2022
2023: 15M (+67% vs 2022)
15M
+67%
2023
2024: 4M (-73% vs 2023)
4M
-73%
2024
EBITDA
NOK millions
2M
1M
-1M
-3M
-4M
2020: -3M
-3M
2020
2021: -2M (+33% vs 2020)
-2M
+33%
2021
2022: -1M (+50% vs 2021)
-1M
+50%
2022
2023: 0M (+100% vs 2022)
0M
+100%
2023
2024: 1M
1M
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
3 519
14 775
9 244
12 757
23 414
Staff expenses
−1 439
−2 402
−4 019
−4 524
−5 328
EBITDA
631
−104
−766
−1 619
−2 965
Depreciation & amort.
−233
−233
−262
−243
−588
EBIT
398
−337
−1 027
−1 862
−3 553
Net financials
−102
−107
−101
−74
−113
Profit before tax
297
−444
−1 128
−1 936
−3 666
Tax
−0
−0
−0
−43
−17
Net profit
297
−444
−1 128
−1 893
−3 648
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
3 670
3 036
7 499
7 373
13 138
Equity
2 324
812
1 256
2 384
926
Long-term debt
179
300
413
524
632
Short-term debt
1 167
1 924
5 830
4 465
11 581
Total debt
1 346
2 224
6 243
4 989
12 212
Financial ratios
5-year trend
EBITDA margin
17.9%
This company
15.8%
Market median
This company
Market median
13% above market
2020
2024
Equity ratio
63.3%
This company
38.2%
Market median
This company
Market median
66% above market
2020
2024
Return on equity
12.8%
This company
18.4%
Market median
This company
Market median
30% below market
2020
2024
Net profit margin
8.4%
This company
8.1%
Market median
This company
Market median
4% above market
2020
2024
Asset turnover
0.96×
This company
1.12×
Market median
This company
Market median
14% below market
2020
2024
Debt / equity
0.58×
This company
0.62×
Market median
This company
Market median
6% below 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
More on Moderne Varme AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
