Multiconsult ASA
ASAActiveOrg 910253158Nedre Skøyen Vei 2, 0276 OsloEngineering activities and related technical consultancy· NACE 7112Est. 1973 · 52 years old29 employees
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Overview
Multiconsult ASA is a Norwegian ASA based in Oslo, operating in the Engineering activities and related technical consultancy sector. Incorporated in 1973, the company has 29 employees and reported revenue of NOK 116.1m in its latest annual filing.
Revenue 2024
0.1B NOK
+28% vs 2023
EBITDA margin
−18.8 %
+9% vs 2023
Net profit 2024
0.3B NOK
+19% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
10.8 %
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
12.4 %
20202024
EBITDA — year on year
NOK millionsKey figures
Annual report 2024| Revenue | 0.1B NOK | +28% |
| EBITDA | -0B NOK | +9% |
| Net profit | 0.3B NOK | +19% |
| Total assets | 2.1B NOK | +3% |
| Equity | 0.2B NOK | -4% |
| Employees | 29 | — |
Company information
Legal name
MULTICONSULT ASA
Org number
910253158
Legal form
Allmennaksjeselskap
NACE code
Founded
28 December 1973 · 52 years
Share capital
NOK 13,837,455
Employees
29 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene. Ett styremedlem og daglig leder i fellesskap.
Address
Nedre Skøyen Vei 2, 0276 Oslo
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Financial development
In its most recent annual report (2024), Multiconsult ASA reported revenue of NOK 116.1m, an increase of 28% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of NOK 264.2m, and the EBITDA margin stood at -18.8%.
At the end of 2024, equity financed 10.8% of the balance sheet, and current assets covered short-term debt 0.4 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 116,110 | 90,360 | 85,813 | 75,389 | 58,003 |
| Staff expenses | -68,817 | -50,884 | -52,964 | -40,539 | -55,787 |
| EBITDA | -21,870 | -24,098 | -20,236 | -19,631 | -21,416 |
| Depreciation & amort. | -2,281 | -2,281 | -2,409 | -3,387 | -3,841 |
| EBIT | -24,151 | -26,379 | -22,645 | -23,018 | -25,257 |
| Net financials | 363,020 | 308,519 | 382,474 | 96,370 | 24,406 |
| Profit before tax | 338,889 | 282,141 | 359,828 | 73,351 | -851 |
| Tax | 74,645 | 59,389 | 79,205 | 18,212 | -447 |
| Net profit | 264,224 | 222,752 | 280,623 | 55,140 | -404 |
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Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 2,128,699 | 2,060,990 | 1,852,369 | 1,472,695 | 1,131,990 |
| Equity | 230,084 | 239,065 | 225,404 | 181,628 | 210,171 |
| Long-term debt | 255,809 | 450,000 | 0 | 180,000 | 0 |
| Short-term debt | 1,642,805 | 1,371,925 | 1,626,965 | 1,111,427 | 921,819 |
| Total debt | 1,898,615 | 1,821,925 | 1,626,965 | 1,219,427 | 921,819 |
Financial ratios
5-year trendEBITDA margin
-18.8 %
20202024
Equity ratio
10.8 %
20202024
Return on equity
114.8 %
20202024
Net profit margin
227.6 %
20202024
Asset turnover
0.05×
20202024
Debt / equity
8.25×
20202024
Sector performance
1 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
One-year change in debtVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
KO Chief Executive Officer | Chief Executive Officer | 2026 |
ØM Deputy Member | Deputy Member | 2023 |
KG Deputy Member | Deputy Member | 2025 |
IH Deputy Member | Deputy Member | 2021 |
TT Deputy Member | Deputy Member | 2025 |
MC Deputy Member | Deputy Member | 2025 |
MH Deputy Member | Deputy Member | 2025 |
Former (9)
GB Chief Executive Officer | Chief Executive Officer | 2019 – 2026 |
AL Deputy Member | Deputy Member | 2021 – 2023 |
JE Deputy Member | Deputy Member | 2021 – 2025 |
KW Chief Executive Officer | Chief Executive Officer | 2026 – 2026 |
OH Deputy Member | Deputy Member | 2021 – 2023 |
TS Deputy Member | Deputy Member | 2021 – 2025 |
TS Deputy Member | Deputy Member | 2021 – 2022 |
GB Deputy Member | Deputy Member | 2021 – 2025 |
EM Deputy Member | Deputy Member | 2023 – 2025 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (8) | ||
MA Board of Directors | Board of Directors | 2025 |
AR Board of Directors | Board of Directors | 2025 |
BR Chairman | Chairman | 2022 |
JT Board of Directors | Board of Directors | 2026 |
TS Board of Directors | Board of Directors | 2025 |
EM Board of Directors | Board of Directors | 2025 |
TR Board of Directors | Board of Directors | 2021 |
HW Board of Directors | Board of Directors | 2026 |
Former (7)
SF Board of Directors | Board of Directors | 2021 – 2026 |
KG Board of Directors | Board of Directors | 2021 – 2025 |
TH Board of Directors | Board of Directors | 2021 – 2025 |
HR Board of Directors | Board of Directors | 2021 – 2025 |
GV Board of Directors | Board of Directors | 2021 – 2025 |
BM Chairman | Chairman | 2021 – 2022 |
TS Board of Directors | Board of Directors | 2022 – 2026 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 21.87% | 21.87% | 2025 | |
| Company | 9.52% | 9.52% | 2025 | |
| Company | 4.12% | 4.12% | 2025 | |
| Company | 4.08% | 4.08% | 2023 | |
| Company | 3.46% | 3.46% | 2025 | |
| Company | 3.37% | 3.37% | 2025 | |
| Company | 3.37% | 3.37% | 2025 | |
| Company | 2.41% | 2.41% | 2025 | |
| Company | 2.18% | 2.18% | 2025 | |
| Company | 2.15% | 2.15% | 2025 | |
| Company | 1.08% | 1.08% | 2025 | |
| Company | 1.08% | 1.08% | 2025 | |
| Company | 1.04% | 1.04% | 2025 | |
| Individual | 0.9% | 0.9% | 2025 | |
| Individual | 0.24% | 0.24% | 2025 | |
| Individual | 0.13% | 0.13% | 2025 | |
| Individual | 0.09% | 0.09% | 2025 | |
| Individual | 0.04% | 0.04% | 2025 | |
| Individual | 0.02% | 0.02% | 2022 | |
| Individual | 0.02% | 0.02% | 2024 | |
| Individual | 0.02% | 0.02% | 2025 | |
| Individual | 0.01% | 0.01% | 2023 | |
| Individual | 0.01% | 0.01% | 2025 | |
| Individual | 0.01% | 0.01% | 2025 | |
| Individual | 0.01% | 0.01% | 2024 | |
| Individual | 0.01% | 0.01% | 2025 | |
| Individual | 0.01% | 0.01% | 2025 | |
State Street Bank And Trust Comp | Company | 1.73% | 1.73% | 2024 |
| Individual | 0.02% | 0.02% | 2024 | |
| Company | 4.45% | 4.45% | 2024 | |
| Individual | 0% | 0% | 2025 | |
| Company | 2.43% | 2.43% | 2021 | |
Brown Brothers Harriman & Co. | Company | 3.45% | 3.45% | 2024 |
| Company | 14.99% | 14.99% | 2020 | |
| Individual | 0% | 0% | 2025 | |
| Individual | 0% | 0% | 2025 | |
| Company | 2.32% | 2.32% | 2024 | |
| Company | 1.63% | 1.63% | 2024 | |
| Individual | 0% | 0% | 2025 | |
| Individual | 0% | 0% | 2025 | |
| Individual | 0% | 0% | 2022 | |
| Company | 0.57% | 0.57% | 2022 | |
| Individual | 0% | 0% | 2024 | |
| Individual | 0% | 0% | 2025 | |
Skandinaviska Enskilda Banken Ab | Company | 0.6% | 0.6% | 2024 |
| Company | 1.27% | 1.27% | 2022 |
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Company hierarchy
Stiftelsen Multiconsult21.8702%Verdipapirfond Odin Norge9.5245%Stenshagen Invest As4.08%Varner Equities As3.46%Vevlen Kapital As3.37%Salt Value As2.15%Vevlen Gård As4.45%Obos BBL2.43%Protector Forsikring Asa14.99%Vj Invest As2.32%Mustad Industrier As1.63%Skandinaviska Enskilda Banken Ab0.6%Aat Invest As1.27%
Multiconsult ASA (this company)Link Arkitektur As100% ownedSitepartner AS100% ownedLifetec As100% ownedVianova Trondheim AS100% ownedVianova Eureka AS100% ownedMulticonsult Norge AS100% ownedA-Lab As70% ownedVianova Kristiansand As92.32% ownedBoard network connections
Board members of Multiconsult ASA also hold positions in 204 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Sverre Finn Hurum | Board of Directors | 27 companiesMany roles |
| Tove Raanes | Board of Directors | 19 companiesMany roles |
| Karine Gjersø | Deputy Member | 18 companiesMany roles |
| Tore Sjursen | Deputy Member | 18 companiesMany roles |
| Thomas Tufteland | Deputy Member | 12 companiesMany roles |
| Torben Halland Wedervang | Board of Directors | 12 companiesMany roles |
| Axel Reuben Segovia Ødegaard | Board of Directors | 12 companiesMany roles |
| Hans-Jørgen Wibstad | Board of Directors | 11 companiesMany roles |
| Bård Martin Mikkelsen | Chairman | 10 companiesMany roles |
| Magnus Andre Sørensen | Board of Directors | 9 companiesMany roles |
| Trude Skogesal | Deputy Member | 8 companiesMany roles |
| Grethe Bergly | Chief Executive Officer | 6 companiesMany roles |
| Kristin Olsson Augestad | Chief Executive Officer | 6 companiesMany roles |
| Grethe Brox-Nilsen | Deputy Member | 6 companiesMany roles |
| Jone Torstensen | Board of Directors | 6 companiesMany roles |
| Karsten Warloe | Chief Executive Officer | 4 companies |
| Eva Margrete Holt Kristensen | Board of Directors | 4 companies |
| Matthias Hundt | Deputy Member | 3 companies |
| Hanne Rønneberg | Board of Directors | 3 companies |
| Jon Egil Johansen | Deputy Member | 2 companies |
| Ingeborg Hopland Nestås | Deputy Member | 2 companies |
| Olav Helge Årbogen | Deputy Member | 2 companies |
| Maja Christine Tovsen Halle | Deputy Member | 2 companies |
| Øystein Mejlænder-Larsen | Deputy Member | 1 company |
| Gunnar Vatnar | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Multiconsult ASA?
Multiconsult ASA is registered with Brønnøysundsregistrene under Org 910253158.
What is the revenue of Multiconsult ASA?
Multiconsult ASA reported revenue of NOK 116.1m in 2024.
How many employees does Multiconsult ASA have?
Multiconsult ASA employs 29 people as of the latest annual report.
Who is the CEO of Multiconsult ASA?
Kristin Olsson Augestad is the CEO of Multiconsult ASA, in role since 2026.
Who is the chairman of Multiconsult ASA?
Bo Rikard Appelgren chairs the board of Multiconsult ASA, in role since 2022.
Where is Multiconsult ASA headquartered?
Multiconsult ASA's registered address is Nedre Skøyen Vei 2.