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Kulstad Maskin AS
AS
Active
Org 996521796
Magnus Den Godes Veg 12, 7653
Verdal
Wholesale of agricultural machinery, equipment and supplies
·
NACE 4661
Est. 2011 · 15 years old
14 employees
Monitor
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Norway
/
Companies
/
Wholesale of agricultural machinery, equipment and supplies
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Kulstad Maskin AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
65M
49M
32M
16M
0M
2020: 24M
24M
2020
2021: 23M (-4% vs 2020)
23M
-4%
2021
2022: 32M (+39% vs 2021)
32M
+39%
2022
2023: 52M (+63% vs 2022)
52M
+63%
2023
2024: 32M (-38% vs 2023)
32M
-38%
2024
EBITDA
NOK millions
5M
2M
0M
-2M
-5M
2020: 3M
3M
2020
2021: 2M (-33% vs 2020)
2M
-33%
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: 1M
1M
2023
2024: -3M (-400% vs 2023)
-3M
-400%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
32 387
51 940
32 330
23 435
24 145
Staff expenses
−4 798
−4 498
−3 695
−2 693
−3 249
EBITDA
−2 736
1 224
373
2 051
3 025
Depreciation & amort.
−209
−235
−253
−382
−501
EBIT
−2 944
989
120
1 669
2 524
Net financials
−1 134
−1 226
−379
−196
−272
Profit before tax
−4 078
−237
−258
1 473
2 253
Tax
−897
−52
−57
354
496
Net profit
−3 181
−186
−202
1 119
1 757
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
19 087
23 123
16 807
15 768
13 447
Equity
2 545
5 621
3 807
3 684
2 564
Long-term debt
8 396
9 740
4 545
5 908
6 307
Short-term debt
8 146
7 762
8 456
6 177
4 576
Total debt
16 542
17 502
13 000
12 084
10 883
Financial ratios
5-year trend
EBITDA margin
−8,4 %
This company
15,8 %
Market median
This company
Market median
153% below market
2020
2024
Equity ratio
13,3 %
This company
38,2 %
Market median
This company
Market median
65% below market
2020
2024
Return on equity
−125,0 %
This company
18,4 %
Market median
This company
Market median
779% below market
2020
2024
Net profit margin
−9,8 %
This company
8,1 %
Market median
This company
Market median
221% below market
2020
2024
Asset turnover
1,70×
This company
1,12×
Market median
This company
Market median
52% above market
2020
2024
Debt / equity
6,50×
This company
0,62×
Market median
This company
Market median
948% above 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 Kulstad Maskin AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
