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MODALEN SANDTAK AS
AS
Active
Org 999263437
Modalsvegen 1499, 5729 Modalen
Operation of gravel and sand pits and mining of clay and kaolin · NACE 0812
Est. 2013
2 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,2M
+10% vs 2023
EBITDA margin
11.5%
+269% vs 2023
Equity ratio
88.5%
Financial strength
Net profit 2024
NOK 247K
+173% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
0M
-100%
2021
1M
+100%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 4,2M
+10%
EBITDA
NOK 484K
+269%
Net profit
NOK 247K
+173%
Total assets
NOK 2M
+3%
Equity
NOK 1,8M
+16%
Employees
2
—
Company information
Legal name
MODALEN SANDTAK AS
Org number
999263437
Legal form
Aksjeselskap
NACE code
0812 · Operation of gravel and sand pits and mining of clay and kaolin
Founded
16. januar 2013
Share capital
NOK 70 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Mottak av sand for videreforedling og salg.
Contact
Address
Modalsvegen 1499, 5729 Modalen
Phone
+4756599970
Email
post@modalensandtak.no
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Companies in Operation of gravel and sand pits and mining of clay and kaolin
Companies in Modalen
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
5M
2020
4M
2021
5M
2022
4M
2023
4M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
1M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
5 093
3 862
4 548
3 840
4 222
Staff expenses
−581
−551
−613
−643
−556
EBITDA
901
−181
548
−286
484
Depreciation & amort.
−118
−123
−123
−127
−136
EBIT
783
−304
426
−413
348
Net financials
−27
−0
4
−23
−31
Profit before tax
756
−304
430
−436
317
Tax
166
−67
94
−96
70
Net profit
590
−237
335
−340
247
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 269
1 820
2 619
1 974
2 024
Equity
1 788
1 551
1 886
1 546
1 792
Long-term debt
97
30
99
3
72
Short-term debt
385
239
633
425
160
Total debt
482
269
733
428
232
Financial ratios
5-year trend
EBITDA margin
11.5%
This company
15.8%
Market median
-27% vs market
2020
2024
Equity ratio
88.5%
This company
38.2%
Market median
+132% vs market
2020
2024
Return on equity
13.8%
This company
18.4%
Market median
+25% vs market
2020
2024
Net profit margin
5.9%
This company
8.1%
Market median
-27% vs market
2020
2024
Asset turnover
2.09×
This company
1.12×
Market median
+87% vs market
2020
2024
Debt / equity
0.13×
This company
0.62×
Market median
+79% 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
Name
Role
Member since
Current (1)
TN
Terje Nygard
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JO
Jan Otto Midttun
Board of Directors
2021
Former (1)
RH
Robert Helland
Board of Directors
2021 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Oh Betong As
Company
71.43%
71.43%
2022
Robert Vold Helland
Individual
14.29%
14.29%
2022
Endre Mo
Individual
14.29%
14.29%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MODALEN SANDTAK AS also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Nygard
Chief Executive Officer
0 companies
Robert Helland
Board of Directors
0 companies
Jan Otto Midttun
Board of Directors
0 companies