MLV 4 AS
ASActiveOrg 992605316Munkegata 25, 7011 TrondheimRental and operating of own or leased real estate· NACE 6820Est. 2008 · 18 years old0 employees
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Overview
MLV 4 AS is a Norwegian AS based in Trondheim, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2008, the company has 0 employees and reported revenue of NOK 645.2k in its latest annual filing.
Revenue 2025
0.6M NOK
−68% vs 2024
EBITDA margin
−51.7 %
−124% vs 2024
Net profit 2025
-1.8M NOK
-268% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-36.3 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
4.4×
StrongAmong the 40% highest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-11.2 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 0.6M NOK | -68% |
| EBITDA | -0.3M NOK | -124% |
| Net profit | -1.8M NOK | -268% |
| Total assets | 15.7M NOK | +3% |
| Equity | -5.7M NOK | -15% |
| Employees | 0 | — |
Company information
Legal name
MLV 4 AS
Org number
992605316
Legal form
Aksjeselskap
NACE code
Founded
12 March 2008 · 18 years
Share capital
NOK 780,000
Employees
0 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Forestå utvikling, utbygging og salg av eiendom.
(no translation available)
Address
Munkegata 25, 7011 Trondheim
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Financial development
In its most recent annual report (2025), MLV 4 AS reported revenue of NOK 645.2k, a decrease of 68% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 1.8m, and the EBITDA margin stood at -51.7%.
At the end of 2025, current assets covered short-term debt 4.4 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 645 | 2,011 | 2,566 | 2,457 | 2,415 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | -334 | 1,374 | 2,291 | 2,154 | 2,225 |
| Depreciation & amort. | -889 | -889 | -889 | -889 | -890 |
| EBIT | -1,222 | 485 | 1,403 | 1,266 | 1,334 |
| Net financials | -1,031 | -1,097 | -759 | -580 | -506 |
| Profit before tax | -2,253 | -612 | 644 | 685 | 829 |
| Tax | -496 | -135 | 142 | -179 | -163 |
| Net profit | -1,757 | -477 | 502 | 864 | 991 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 15,718 | 15,283 | 16,535 | 17,238 | 18,359 |
| Equity | -5,701 | -4,966 | -4,489 | -4,992 | -4,358 |
| Long-term debt | 20,993 | 19,830 | 19,689 | 20,391 | 20,150 |
| Short-term debt | 426 | 420 | 1,335 | 1,839 | 2,566 |
| Total debt | 21,419 | 20,250 | 21,024 | 22,230 | 22,717 |
Financial ratios
5-year trendEBITDA margin
-51.7 %
20212025
Equity ratio
-36.3 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Return on equity
—
20212025
Net profit margin
-272.4 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Asset turnover
0.04×
AverageAround the average of companies in the same industry
20212025
Debt / equity
—
20212025
Sector performance
21 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest 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 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.
Return on assets (ROA)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Very weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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 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.
Liquidity
Current ratioStrong
Among the 40% highest 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 ratioStrong
Among the 40% highest 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.
Fixed assets to long-term capitalAverage
Around the average of companies in the same 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 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.
Debt & solvency
Solidity ratioVery weak
Among the 10% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery weak
Among the 10% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtVery weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% 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 20% 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.
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
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 10% 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 debtWeak
Among the 40% 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.
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 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (3)
VV Chief Executive Officer | Chief Executive Officer | 2022 – 2025 |
KD Contact Person | Contact Person | 2025 – 2026 |
JT Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
GM Chairman | Chairman | 2026 |
RE Board of Directors | Board of Directors | 2026 |
Former (3)
VV Chairman | Chairman | 2018 – 2025 |
KD Chairman | Chairman | 2025 – 2026 |
JT Board of Directors | Board of Directors | 2021 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2025 | |
| Company | 100% | 100% | 2020 |
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Related companies
Company hierarchy
Primitivo As
MLV 4 AS Board network connections
Board members of MLV 4 AS also hold positions in 170 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Knut Dypvik | Contact Person | 131 companiesMany roles |
| Georg Michael Tokle Minervini | Chairman | 25 companiesMany roles |
| Roger Eriksen | Board of Directors | 8 companiesMany roles |
| Vegard Vikan | Chief Executive Officer | 4 companies |
| James Tri Cong Nguyen | Chief Executive Officer | 2 companies |
Frequently asked questions
What is the Org number of MLV 4 AS?
MLV 4 AS is registered with Brønnøysundsregistrene under Org 992605316.
What is the revenue of MLV 4 AS?
MLV 4 AS reported revenue of NOK 645.2k in 2025.
Who is the chairman of MLV 4 AS?
Georg Michael Tokle Minervini chairs the board of MLV 4 AS, in role since 2026.
Where is MLV 4 AS headquartered?
MLV 4 AS's registered address is Munkegata 25.