MG ELEKTRO AS • 987027568 • Egersund • Specialised construction activities

This website uses cookies to enhance the user experience.

/ Contractor activities

/ 43.210 Electrical installation

MG ELEKTRO AS

Keywords

installationelectrical installations

Organization

CEO: RB
Runar Bowitz Østebrød1985
Chairman of the board: JN
Jan Noralf Myklebust1955
Years since formation: 21 years; since Jul 7, 2004
Type: Limited company
VAT registered: Yes
Number of employees: 28

Ownership

Number of shares and share classes: 200; 1 share class
Total number of shareholders: 7; companies

Financials

Total operating income 2024: 56,966,057; NOK
Annual total result 2024: 4,845,931; NOK
Total equity 2024: 5,110,016; NOK

Last update: Jun 13, 2025

Management

Management / administration

Name	Role	Shares
RB Runar Bowitz Østebrød 1985	Managing Director/CEO	15 % indirectly

Board

Name	Role	Shares
KM Kathe-Elin Mortensen Mong 1991	Board Member	15 % indirectly
OJ Ole Jonny Gya 1983	Board Member	15 % indirectly
RB Runar Bowitz Østebrød 1985	Board Member	15 % indirectly
NM Nikolai Myklebust 1986	Board Member	15 % indirectly
FE Fredrich Evje Nodland 1987	Board Member	-
PE Petter Ellingsen Nodland 1999	Board Member	7 % indirectly
JN Jan Noralf Myklebust 1955	Chairman	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
NM Nikolai Myklebust 1986	Board Member	15 % indirectly
KM Kathe-Elin Mortensen Mong 1991	Board Member	15 % indirectly
RB Runar Bowitz Østebrød 1985	Managing Director/CEO, Board Member	15 % indirectly
OJ Ole Jonny Gya 1983	Board Member	15 % indirectly
EN Evje Nodland Fredrich 1987	-	15 % indirectly
PE Petter Ellingsen Nodland 1999	Board Member	7 % indirectly

Last update: Jan 28, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M MG ELEKTRO AS	Ordinary shares	36	18 %
Y YSTEBRØD INVEST AS	Ordinary shares	30	15 %
N NIKOLAI MYKLEBUST HOLDING AS	Ordinary shares	30	15 %
M MOKA INVEST AS	Ordinary shares	30	15 %
J J&R HOLDING AS	Ordinary shares	30	15 %
V VINDEBU HOLDING AS	Ordinary shares	30	15 %
P P NODLAND INVEST AS	Ordinary shares	14	7 %

Shares owned by the MG ELEKTRO AS

Name	Share class	Total number of shares	Share
M MG ELEKTRO AS	Ordinary shares	36	18 %
E EL PROFFEN AS	Ordinary shares	326	0.87 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	56,966,057	50,499,117	53,060,375	51,331,912
Annual Total Result	4,845,931	2,219,807	988,570	2,940,088
Total assets	20,853,229	18,486,752	15,406,511	15,472,236
Total liabilities	15,743,212	11,855,295	10,858,419	11,744,987
Total equity	5,110,016	6,631,457	4,548,093	3,727,249

P&L

Year	2024	2023	2022	2021
Total operating income	56,966,057	50,499,117	53,060,375	51,331,912
Total operating costs	50,853,286	47,676,449	51,795,752	47,563,042
Operating result	6,112,771	2,822,668	1,264,622	3,768,871
Financial income/costs	103,774	22,527	10,165	5,773
Profit before tax	6,216,545	2,845,195	1,274,788	3,774,644
Total tax & extraordinary income/cost	1,370,614	625,388	286,218	834,556
Annual Total Result	4,845,931	2,219,807	988,570	2,940,088

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	499,843	175,265	224,444	272,258
Total current assets	20,353,386	18,311,487	15,182,068	15,199,978
Total assets	20,853,229	18,486,752	15,406,511	15,472,236
Short term debt	15,643,212	11,755,295	10,758,419	11,644,987
Long term debt	100,000	100,000	100,000	100,000
Total liabilities	15,743,212	11,855,295	10,858,419	11,744,987
Contributed capital	302,656	323,656	329,656	338,656
Retained earnings	4,807,360	6,307,801	4,218,437	3,388,593
Total equity	5,110,016	6,631,457	4,548,093	3,727,249
Total equity and liabilities	20,853,229	18,486,752	15,406,511	15,472,236

Classification

Category

/ Contractor activities

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

F

Main industrial area

Construction

43

Activity

Specialised construction activities

43.2

Main industrial group

Electrical, plumbing and other construction installation activities

43.21

Industrial group

Electrical installation

43.210

Industrial group

Electrical installation