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Meivcore Norway AS
AS
Active
Org 997119487
Røraskogen 16, 3739
Skien
Machining of metals
·
NACE 2553
Est. 2011 · 14 years old
27 employees
Monitor
Share
Norway
/
Companies
/
Machining of metals
/
Meivcore Norway AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
51M
38M
26M
13M
0M
2021: 18M
18M
2021
2022: 41M (+128% vs 2021)
41M
+128%
2022
2023: 19M (-54% vs 2022)
19M
-54%
2023
2024: 40M (+111% vs 2023)
40M
+111%
2024
2025: 37M (-7% vs 2024)
37M
-7%
2025
EBITDA
NOK millions
8M
4M
1M
-2M
-6M
2021: 0M
0M
2021
2022: 3M
3M
2022
2023: -3M (-200% vs 2022)
-3M
-200%
2023
2024: 1M (+133% vs 2023)
1M
+133%
2024
2025: 5M (+400% vs 2024)
5M
+400%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
37 177
39 679
18 595
40 802
17 713
Staff expenses
−22 547
−28 208
−14 989
−26 835
−11 745
EBITDA
4 717
774
−2 993
2 844
335
Depreciation & amort.
−1 216
−1 116
−692
−404
−231
EBIT
3 501
−342
−3 685
2 440
104
Net financials
−156
−447
−324
−94
−158
Profit before tax
3 345
−790
−4 009
2 346
−54
Tax
738
−147
−948
516
−12
Net profit
2 607
−642
−3 061
1 830
−42
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
14 242
10 807
8 371
7 866
3 888
Equity
355
−2 251
−1 609
1 452
−1 474
Long-term debt
92
3 891
245
383
401
Short-term debt
13 796
9 167
9 735
6 031
4 961
Total debt
13 887
13 058
9 980
6 414
5 362
Financial ratios
5-year trend
EBITDA margin
12,7 %
This company
15,8 %
Market median
This company
Market median
20% below market
2021
2025
Equity ratio
2,5 %
This company
38,2 %
Market median
This company
Market median
93% below market
2021
2025
Return on equity
733,6 %
This company
18,4 %
Market median
This company
Market median
>999% above market
2021
2025
Net profit margin
7,0 %
This company
8,1 %
Market median
This company
Market median
14% below market
2021
2025
Asset turnover
2,61×
This company
1,12×
Market median
This company
Market median
133% above market
2021
2025
Debt / equity
39,08×
This company
0,62×
Market median
This company
Market median
>999% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Meivcore Norway AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
