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MMXL AS
AS
Active
Org 997986644
Cort Adelers Gate 17, 0254 Oslo
Rental and operating of own or leased real estate · NACE 6820
Est. 2012
4 employees
www.rustad.no
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 7,6M
+1% vs 2024
EBITDA margin
44.7%
+579% vs 2024
Equity ratio
95.4%
Financial strength
Net profit 2025
NOK 2M
+274% vs 2024
EBITDA — year on year
NOK millions
6M
4M
3M
1M
-1M
1M
2021
3M
+200%
2022
5M
+67%
2023
-1M
-120%
2024
3M
+400%
2025
Key figures
Annual report 2025
Revenue
NOK 7,6M
+1%
EBITDA
NOK 3,4M
+579%
Net profit
NOK 2M
+274%
Total assets
NOK 20,6M
+11%
Equity
NOK 19,6M
+11%
Employees
4
—
Company information
Legal name
MMXL AS
Org number
997986644
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
18. februar 2012
Share capital
NOK 30 000
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Elisabeth hammersbøen rustad
Company purpose
Alle typer næring knyttet til fast eiendom, samt det som står i forbindelse med dette og annen næringsvirksomhet.
Contact
Address
Cort Adelers Gate 17, 0254 Oslo
Phone
+4798198120
Email
rustad@rustad.no
Website
www.rustad.no
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Companies in Rental and operating of own or leased real estate
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
6M
2021
6M
2022
7M
2023
8M
2024
8M
2025
EBITDA
NOK millions
0M
1M
3M
4M
6M
1M
2021
3M
2022
5M
2023
-1M
2024
3M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
5 873
6 156
7 001
7 518
7 577
Staff expenses
−641
−423
−493
−594
−613
EBITDA
892
3 421
4 551
−708
3 390
Depreciation & amort.
−418
−931
−811
−902
−925
EBIT
474
2 490
3 740
−1 610
2 466
Net financials
−46
−74
−4
160
65
Profit before tax
428
2 416
3 736
−1 450
2 531
Tax
94
531
823
−317
557
Net profit
334
1 884
2 913
−1 133
1 974
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
16 487
20 066
20 350
18 580
20 595
Equity
14 001
15 885
18 798
17 665
19 639
Long-term debt
315
406
406
88
333
Short-term debt
2 171
3 775
1 146
826
622
Total debt
2 485
4 180
1 551
914
956
Financial ratios
5-year trend
EBITDA margin
44.7%
This company
15.8%
Market median
+183% vs market
2021
2025
Equity ratio
95.4%
This company
38.2%
Market median
+150% vs market
2021
2025
Return on equity
10.1%
This company
18.4%
Market median
+45% vs market
2021
2025
Net profit margin
26.1%
This company
8.1%
Market median
+222% vs market
2021
2025
Asset turnover
0.37×
This company
1.12×
Market median
-67% vs market
2021
2025
Debt / equity
0.05×
This company
0.62×
Market median
+92% vs 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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
JH
Jesper Holte
Deputy Member
Deputy Member
2012
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
OD
Ole Dag Rustad
Chairman
2012
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Arvo Invest As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Arvo Invest As
MMXL AS
(this company)
Board network connections
Board members of MMXL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jesper Holte
Deputy Member
0 companies
Ole Dag Rustad
Chairman
0 companies