MPH MILESPERHOUR AS • 985823952 • Oslo • Retail trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

MPH MILESPERHOUR AS

Keywords

clothesfur goodsglovestiessuspenders

Links

Organization

CEO: MO
Morten Wejlgaard Olesen1976
Chairman of the board: MO
Morten Wejlgaard Olesen1976
Years since formation: 22 years; since Sep 2, 2003
Type: Limited company
VAT registered: Yes
Number of employees: 13

Ownership

Number of shares and share classes: 4,800; 1 share class
Total number of shareholders: 2; persons
Belongs to group of

Financials

Total operating income 2023: 20,209,239; NOK
Annual total result 2023: 638,485; NOK
Total equity 2023: 3,892,407; NOK

Last update: Jan 15, 2025

Management

Management / administration

Name	Role	Shares
MO Morten Wejlgaard Olesen 1976	Managing Director/CEO	68.75 % directly

Board

Name	Role	Shares
MO Morten Wejlgaard Olesen 1976	Chairman	68.75 % directly
HI Heidi Sand Ibenholt 1984	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
S SANDUM INVEST & REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MO Morten Wejlgaard Olesen 1976	Managing Director/CEO, Chairman	68.75 % directly
GO Gerda Lyngbak Olesen 1941	-	31.25 % directly

Last update: Jul 31, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
MO Morten Wejlgaard Olesen 1976	Ordinary shares	3,300	68.75 %
GO Gerda Lyngbak Olesen 1941	Ordinary shares	1,500	31.25 %

Shares owned by the MPH MILESPERHOUR AS

Name	Share class	Number of shares	Share
M MPH.NO AS	Ordinary shares	200	100 %
T TEXCON AS	Ordinary shares	400	0.22 %

Last update: May 24, 2024

Group structure

MPH MILESPERHOUR AS
Total operating income 2023: NOK 20,209,239
Operating profit 2023: NOK 1,060,008
Employees: 13

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	20,209,239	17,790,755	12,900,159
Annual Total Result	638,485	1,225,771	1,302,931
Total assets	6,629,697	6,723,307	5,429,415
Total liabilities	2,737,290	3,469,385	3,401,264
Total equity	3,892,407	3,253,922	2,028,151

P&L

Year	2023	2022	2021
Total operating income	20,209,239	17,790,755	12,900,159
Total operating costs	19,149,231	16,369,343	11,563,859
Operating result	1,060,008	1,421,412	1,336,300
Financial income/costs	-242,683	-14,210	-33,368
Profit before tax	817,325	1,407,203	1,302,931
Total tax & extraordinary income/cost	178,840	181,432	0
Annual Total Result	638,485	1,225,771	1,302,931

Balance overview

Year	2023	2022	2021
Total fixed assets	356,022	158,700	40,344
Total current assets	6,273,676	6,564,607	5,389,071
Total assets	6,629,697	6,723,307	5,429,415
Short term debt	2,737,290	3,296,377	2,824,544
Long term debt	0	173,008	576,720
Total liabilities	2,737,290	3,469,385	3,401,264
Contributed capital	480,000	480,000	480,000
Retained earnings	3,412,407	2,773,922	1,548,151
Total equity	3,892,407	3,253,922	2,028,151
Total equity and liabilities	6,629,697	6,723,307	5,429,415

Classification

Category

Goods and trade

/ Purchase and sale

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

G

Main industrial area

Wholesale and retail trade; repair of motor vehicles and motorcycles

47

Activity

Retail trade, except of motor vehicles and motorcycles

47.7

Main industrial group

Retail sale of other goods in specialised stores

47.71

Industrial group

Retail sale of clothing in specialised stores

47.710

Industrial group

Retail sale of clothing in specialised stores