Mathiesen Consult AS

ASDissolved

Org 926137174Mádiijárbálggis 13, 9731 KarasjokActivities of advertising agencies· NACE 7311Est. 2020 · 5 years old0 employees

Overview

Mathiesen Consult AS is a Norwegian AS based in Karasjok, operating in the Activities of advertising agencies sector. Incorporated in 2020, the company has 0 employees and reported revenue of NOK 21.2k in its latest annual filing.

Revenue 2023

21.2K NOK

−68% vs 2022

EBITDA margin

−439.0 %

−44% vs 2022

Net profit 2023

-94.2K NOK

-46% vs 2022

Key ratios

See full ratios →

<−999 %

20202023

0.0×

Very weak

Among the 10% lowest rated companies in the industry

20202023

<−999 %

20202023

EBITDA — year on year

NOK thousands

Key figures

Annual report 2023

Revenue	21.2K NOK	-68%
EBITDA	-93.1K NOK	-44%
Net profit	-94.2K NOK	-46%
Total assets	0K NOK	-100%
Equity	-19.5K NOK	-126%
Employees	0	—

Financial development

In its most recent annual report (2023), Mathiesen Consult AS reported revenue of NOK 21.2k, a decrease of 68% on the year before. The figures on this page draw on 4 annual filings covering 2020 to 2023. The bottom line showed a net loss of NOK 94.2k, and the EBITDA margin stood at -439%.

At the end of 2023, current assets covered short-term debt 0 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2023	2022	2021	2020
Revenue	21	67	425	292
Staff expenses	-0	-0	-0	-0
EBITDA	-93	-65	-28	202
Depreciation & amort.	-0	-0	-0	-0
EBIT	-93	-65	-28	202
Net financials	-1	0	-18	0
Profit before tax	-94	-65	-46	202
Tax	-0	-0	-1	43
Net profit	-94	-65	-44	159

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Balance sheet

NOK thousands

Item	2023	2022	2021	2020
Total assets	0	77	287	364
Equity	-19	75	139	183
Long-term debt	0	0	0	1
Short-term debt	19	3	148	179
Total debt	19	3	148	180

Financial ratios

5-year trend

EBITDA margin

-439.0 %

20202023

Equity ratio

<−999 %

20202023

Return on equity

—

20202023

Net profit margin

-444.2 %

Very weak

Among the 10% lowest rated companies in the industry

20202023

Asset turnover

>999×

20202023

Debt / equity

—

20202023

Sector performance

16 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

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 marginVery weak

Among the 10% lowest rated companies in the industry

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 marginVery weak

Among the 10% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Capacity ratioWeak

Among the 40% lowest rated companies in the industry

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.

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.

Liquidity

Current ratioVery weak

Among the 10% lowest rated companies in the industry

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 ratioVery weak

Among the 10% lowest rated companies in the industry

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 ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioWeak

Among the 40% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

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.

Debt & solvency

Income to debtVery weak

Among the 10% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 10% lowest rated companies in the industry

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.

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.

Efficiency & development

Equity to contributed capitalVery weak

Among the 20% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 10% lowest 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.

Annual reports & filings

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 2020-11-27 – 2020-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


JA John Arne Mathiesen Chief Executive Officer	Chief Executive Officer	2020 – 2023

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
JA John Arne Mathiesen Chairman	Chairman	2020

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Mathiesen Consult AS also hold positions in 5 other companies.

Person	Role here	Other companies
John Arne Mathiesen	Chief Executive Officer	5 companies

Frequently asked questions

What is the Org number of Mathiesen Consult AS?

Mathiesen Consult AS is registered with Brønnøysundsregistrene under Org 926137174.

What is the revenue of Mathiesen Consult AS?

Mathiesen Consult AS reported revenue of NOK 21.2k in 2023.

Who is the chairman of Mathiesen Consult AS?

John Arne Mathiesen chairs the board of Mathiesen Consult AS.

Where is Mathiesen Consult AS headquartered?

Mathiesen Consult AS's registered address is Mádiijárbálggis 13.