Mitobygg AS

ASBankrupt

Org 927087863Treahøgda 327, 2651 Østre GausdalConstruction of residential and non-residential buildings· NACE 4100Est. 2021 · 5 years old0 employees

Overview

Mitobygg AS is a Norwegian AS based in Østre Gausdal, operating in the Construction of residential and non-residential buildings sector. Incorporated in 2021, the company has 0 employees and reported revenue of NOK 4.9m in its latest annual filing.

Revenue 2022

4.9M NOK

+770% vs 2021

EBITDA margin

14.2 %

+14904% vs 2021

Net profit 2022

0.5M NOK

+3503% vs 2021

Key ratios

See full ratios →

33.3 %

Average

Around the average of companies in the same industry

20212022

0.6×

Very weak

Among the 20% lowest rated companies in the industry

20212022

32.6 %

Very strong

Among the 10% highest rated companies in the industry

20212022

EBITDA — year on year

NOK thousands

Key figures

Annual report 2022

Revenue	4.9M NOK	+770%
EBITDA	0.7M NOK	+14904%
Net profit	0.5M NOK	+3503%
Total assets	1.5M NOK	+229%
Equity	0.5M NOK	+4700%
Employees	0	—

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Financial development

In its most recent annual report (2022), Mitobygg AS reported revenue of NOK 4.9m, an increase of 770% on the year before. The figures on this page draw on 2 annual filings covering 2021 to 2022. The bottom line showed a net profit of NOK 482.2k, and the EBITDA margin stood at 14.2%.

At the end of 2022, equity financed 33.3% of the balance sheet, and current assets covered short-term debt 0.6 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2022	2021
Revenue	4,893	563
Staff expenses	-2,844	-261
EBITDA	693	-5
Depreciation & amort.	-72	-11
EBIT	621	-16
Net financials	-2	-0
Profit before tax	619	-16
Tax	137	-2
Net profit	482	-14

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Balance sheet

NOK thousands

Item	2022	2021
Total assets	1,481	451
Equity	492	10
Long-term debt	1	0
Short-term debt	987	440
Total debt	989	440

Financial ratios

5-year trend

EBITDA margin

14.2 %

20212022

Equity ratio

33.3 %

Average

Around the average of companies in the same industry

20212022

Return on equity

97.9 %

Very strong

Among the 10% highest rated companies in the industry

20212022

Net profit margin

9.9 %

Strong

Among the 30% highest rated companies in the industry

20212022

Asset turnover

3.30×

Strong

Among the 30% highest rated companies in the industry

20212022

Debt / equity

2.01×

Weak

Among the 40% lowest rated companies in the industry

20212022

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 20% highest rated companies in the 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 marginStrong

Among the 30% highest 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 marginStrong

Among the 30% highest rated companies in the industry

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

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

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)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest 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.

Liquidity

Current ratioVery weak

Among the 20% 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 20% 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityStrong

Among the 40% highest rated companies in the industry

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 capitalVery weak

Among the 20% lowest rated companies in the industry

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 ratioStrong

Among the 30% highest rated companies in the industry

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

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

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

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

Interest coverageVery strong

Among the 20% highest rated companies in the industry

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

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

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

Interest marginVery strong

Among the 10% highest 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.

Efficiency & development

Asset turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalStrong

Among the 40% highest 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 strong

Among the 10% highest 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.

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 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-03-16 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
DM Darius Mikalauskas Chief Executive Officer	Chief Executive Officer	2021
KS Kjetil Schonhowd Trustee	Trustee	2025

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
PT Paulius Toleikis Chairman	Chairman	2022

Former (1)


DM Darius Mikalauskas Chairman	Chairman	2021 – 2022

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Mitobygg AS also hold positions in 204 other companies.

Person	Role here	Other companies
Kjetil Schonhowd	Trustee	202 companiesMany roles
Darius Mikalauskas	Chief Executive Officer	2 companies

Frequently asked questions

What is the Org number of Mitobygg AS?

Mitobygg AS is registered with Brønnøysundsregistrene under Org 927087863.

What is the revenue of Mitobygg AS?

Mitobygg AS reported revenue of NOK 4.9m in 2022.

Who is the CEO of Mitobygg AS?

Darius Mikalauskas is the CEO of Mitobygg AS.

Who is the chairman of Mitobygg AS?

Paulius Toleikis chairs the board of Mitobygg AS, in role since 2022.

Where is Mitobygg AS headquartered?

Mitobygg AS's registered address is Treahøgda 327.