Riskpilot← Back to searchSign inGet full accessMANDALS AS
ASActiveOrg 998281636Nordre Banegate 26, 4515 MandalManufacture of other technical and industrial textiles · NACE 1396Est. 201288 employeeswww.mandals.com
Revenue 2024
NOK 220,4M
-21% vs 2023
EBITDA margin
4.7%
-65% vs 2023
Equity ratio
82.9%
Financial strength
Net profit 2024
NOK 1,9M
-84% vs 2023
| Revenue | NOK 220,4M | -21% |
| EBITDA | NOK 10,4M | -65% |
| Net profit | NOK 1,9M | -84% |
| Total assets | NOK 272,8M | -4% |
| Equity | NOK 226,2M | -4% |
| Employees | 88 | — |
Legal name
MANDALS AS
Org number
998281636
Legal form
Aksjeselskap
NACE code
1396 · Manufacture of other technical and industrial textiles
Founded
4. juni 2012
Share capital
NOK 3 542 000
Employees
88 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Produksjons- og omsetningsvirksomhet og alt som står i forbindelse hermed, derunder å eie aksjer og investere i andre selskaper. Selskapet skal også kunne eie fast eiendom.
Address
Nordre Banegate 26, 4515 Mandal
Phone
+4738272400
Email
sales@mandals.com
Website
www.mandals.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 124 | 6 833 | 5 380 | 5 436 | 191 429 | 323 012 | 246 112 | 217 990 | 213 403 | 234 514 | 278 929 | 220 447 |
| Staff expenses | −2 901 | −4 063 | −1 817 | −2 065 | −56 393 | −102 532 | −73 484 | −60 566 | −59 941 | −70 114 | −71 477 | −68 719 |
| EBITDA | 53 | 387 | 304 | 162 | 3 825 | 20 696 | 22 800 | 22 949 | 25 374 | 19 456 | 29 955 | 10 427 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −10 362 | −13 293 | −10 219 | −10 886 | −10 488 | −10 966 | −11 582 | −11 241 |
| EBIT | 53 | 387 | 304 | 162 | −6 537 | 7 403 | 12 582 | 12 063 | 14 886 | 8 490 | 18 373 | −814 |
| Net financials | 67 766 | −48 166 | −6 855 | −126 215 | −16 806 | −3 543 | −385 | −1 077 | 678 | 894 | −2 295 | 2 814 |
| Profit before tax | 67 819 | −47 779 | −6 550 | −126 053 | −23 343 | 3 860 | 12 197 | 10 986 | 15 564 | 9 384 | 16 078 | 2 000 |
| Tax | −10 | 4 571 | −0 | −0 | −48 | −0 | −0 | −6 218 | 3 382 | 2 323 | 3 727 | 62 |
| Net profit | 67 828 | −52 350 | −6 550 | −126 053 | −23 295 | 3 860 | 12 197 | 17 204 | 12 182 | 7 061 | 12 352 | 1 938 |
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 308 013 | 194 699 | 118 348 | 67 265 | 210 203 | 234 756 | 255 659 | 251 251 | 277 675 | 277 122 | 283 080 | 272 784 |
| Equity | 60 358 | 8 008 | 26 458 | 11 405 | −11 890 | 181 973 | 194 170 | 212 070 | 224 252 | 231 313 | 236 603 | 226 191 |
| Long-term debt | 148 400 | 144 000 | 50 000 | 54 400 | 190 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 99 255 | 42 691 | 41 890 | 1 460 | 31 593 | 52 783 | 61 489 | 39 181 | 53 424 | 45 809 | 46 477 | 46 594 |
| Total debt | 247 655 | 186 691 | 91 890 | 55 860 | 222 093 | 52 783 | 61 489 | 39 181 | 53 424 | 45 809 | 46 477 | 46 594 |
EBITDA margin
4.7%
This company
15.8%
Market median
-70% vs market
20132024
Equity ratio
82.9%
This company
38.2%
Market median
+117% vs market
20132024
Return on equity
0.9%
This company
18.4%
Market median
-95% vs market
20132024
Net profit margin
0.9%
This company
8.1%
Market median
-89% vs market
20132024
Asset turnover
0.81×
This company
1.12×
Market median
+28% vs market
20132024
Debt / equity
0.21×
This company
0.62×
Market median
+66% vs market
20132024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2017-09-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2016-09-01 – 2017-08-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2015-09-01 – 2016-08-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2014-09-01 – 2015-08-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2013-09-01 – 2014-08-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2012-03-30 – 2013-08-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TF Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
KM Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2026 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2019 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Fenner International Limited | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of MANDALS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thomas Francis Willis | Chief Executive Officer | 0 companies |
| Knut Mjåland | Chief Executive Officer | 0 companies |
| Susan Marie Webb | Board of Directors | 0 companies |
| Arild Reinertsen | Board of Directors | 0 companies |
| Arne Olav Thorsland | Board of Directors | 0 companies |
| Charles Arthur Banker | Chairman | 0 companies |
| Victoria Frandsen | Board of Directors | 0 companies |
| Dan Belsnes | Board of Directors | 0 companies |
| Leonard Irwin Casey Jr | Chairman | 0 companies |
| Therese Tangen | Board of Directors | 0 companies |
| Linda Louise Brokke | Board of Directors | 0 companies |