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MJELSTAD VVS AS
AS
Active
Org 997948297
Hylkjeflaten 40, 5109 Hylkje
Rørleggerarbeid · NACE 43221
Est. 2012
6 employees
www.mjelstadvvs.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 15,1M
+28% vs 2023
EBITDA margin
1.9%
-41% vs 2023
Equity ratio
26.3%
Financial strength
Net profit 2024
NOK 31K
-88% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 15,1M
+28%
EBITDA
NOK 283K
-41%
Net profit
NOK 31K
-88%
Total assets
NOK 5,1M
+45%
Equity
NOK 1,3M
+7%
Employees
6
—
Company information
Legal name
MJELSTAD VVS AS
Org number
997948297
Legal form
Aksjeselskap
NACE code
43221 · Rørleggerarbeid
Founded
8. februar 2012
Share capital
NOK 30 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Rørlegger - og andre vvs-tjenester med salg av tilhørende artikler, samt kjøp og salg av aksjer.
Contact
Address
Hylkjeflaten 40, 5109 Hylkje
Website
www.mjelstadvvs.no
Risika for professionals
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Revenue
NOK millions
0M
4M
9M
13M
17M
9M
2020
13M
2021
11M
2022
12M
2023
15M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
8 918
12 780
10 696
11 800
15 060
Staff expenses
−2 969
−3 451
−3 768
−3 846
−4 784
EBITDA
612
1 439
372
480
283
Depreciation & amort.
−192
−177
−139
−117
−177
EBIT
420
1 262
232
363
106
Net financials
−90
−23
−21
−25
−90
Profit before tax
330
1 239
211
338
16
Tax
58
225
29
70
−15
Net profit
272
1 015
182
269
31
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 073
4 011
3 548
3 513
5 094
Equity
817
1 832
1 004
1 253
1 338
Long-term debt
512
388
270
366
1 562
Short-term debt
1 743
1 791
2 273
1 894
2 194
Total debt
2 256
2 179
2 544
2 260
3 756
Financial ratios
5-year trend
EBITDA margin
1.9%
This company
15.8%
Market median
-88% vs market
2020
2024
Equity ratio
26.3%
This company
38.2%
Market median
-31% vs market
2020
2024
Return on equity
2.3%
This company
18.4%
Market median
-88% vs market
2020
2024
Net profit margin
0.2%
This company
8.1%
Market median
-98% vs market
2020
2024
Asset turnover
2.96×
This company
1.12×
Market median
+164% vs market
2020
2024
Debt / equity
2.81×
This company
0.62×
Market median
-353% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DM
Daniel Mjelstad
Chairman
2021
Former (1)
AM
Arild Mjelstad
Chairman
2012 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Trampe Holding As
Company
100%
100%
2024
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
Trampe Holding As
MJELSTAD VVS AS
(this company)
Board network connections
Board members of MJELSTAD VVS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Arild Mjelstad
Chairman
0 companies
Daniel Mjelstad
Chairman
0 companies