MUGNETIND AS
Score · fiscal year 2023
Not enough data: Revenue not reported
Based on the annual accounts for 2023
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 2.9% |
| Profit margin | – | 2.5% |
| Return on assets | −0.3% | 8.1% |
| Equity ratio | 87.6% | 34.3% |
| Debt-to-equity | 0.14 | 1.55 |
| Current ratio | 1.23 | 1.65 |
| Revenue growth | – | 5.3% |
The median and “ahead of” refer to companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
MUGNETIND AS had an equity ratio of 87.6% in 2023. The company is not ranked: revenue not reported.
This text is generated automatically from the 2023 accounts.
Three simple methods
One method gives a figure: 18 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 18 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 2.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 13.4% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Revenue not reported
- watch No revenue but large assets
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is MUGNETIND AS?
The operating margin was – in 2023, against a median of 2.9% among companies in the same sector. Return on assets was −0.3%. The company made a loss before tax.
How solid is MUGNETIND AS?
The equity ratio was 87.6% in 2023 (median 34.3%). Debt-to-equity was 0.14 (median 1.55).
What is the liquidity of MUGNETIND AS like?
The current ratio was 1.23 in 2023 (median 1.65).
Group accounts · 2025
68 of 100
Rank 50 of 247 groups in the Morning class Medium in Handel. Groups are ranked only against other groups in the same sector and class, never against single companies.
- Operating revenue, group
- 229 MNOK
- Operating profit, group
- 15 MNOK
- Profit before tax, group
- 21 MNOK
- Total assets, group
- 101 MNOK
- Equity, group
- 50 MNOK
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | 6.6% | – |
| Return on assets | 21.1% | – |
| Equity ratio | 49.1% | – |
| Current ratio | 1.74 | – |
| Revenue growth | 20.2% | – |
Group index in earlier years: 2023: 47 (258 of 464), 2024: 61 (81 of 275).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 916014562
- Legal form
- AS
- Sector
- Handel (46.490)
- Employees
- 0–4 (not registered)
- Founded
- 14 September 2015 11 years in operation
- Share capital
- 0.52 MNOK
- Business address
- c/o Frode Ingvoldstad, Otto Blehrs vei 53A, 1397 NESØYA (ASKER)
- Municipality
- Asker rank 2 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
- LEI
- 894500QM5V7TSSFUR949 renews 25 April 2027
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Frode Ingvoldstad
- Chair of the board
- Frode Ingvoldstad
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
- Parent company
- No parent company: owned by persons
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 31 October 2026. The parent is the one the company itself reported to GLEIF.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | – | 75.6% | −10.1% | |
| Return on assets | −0.3% | 5.7% | 26.9% | |
| Equity ratio | 87.6% | 96.8% | 94.0% | |
| Current ratio | 1.23 | 7.63 | 2.07 | |
| Revenue growth | – | – | −58.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.2 MNOK | 0.1 MNOK |
| Operating profit | −0.1 MNOK | 0.2 MNOK | 0.0 MNOK |
| Profit before tax | −0.4 MNOK | 1.1 MNOK | 7.4 MNOK |
| Net profit | −0.4 MNOK | 1.1 MNOK | 6.1 MNOK |
| Financial expenses | 0.4 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 21.1 MNOK | 20.2 MNOK | 27.3 MNOK |
| Current assets | 2.7 MNOK | 1.9 MNOK | 2.6 MNOK |
| Equity | 18.5 MNOK | 19.6 MNOK | 25.7 MNOK |
| Retained earnings | 11.9 MNOK | 13.0 MNOK | 19.2 MNOK |
| Total liabilities | 2.6 MNOK | 0.6 MNOK | 1.6 MNOK |
| Current liabilities | 2.2 MNOK | 0.2 MNOK | 1.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5352963.