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COMPANY CARD COMPANY
MSG GROUP AS
Rental and operating of own or leased real estate
-1 141,4 % EBIT margin
FINANCIALS
Financial statements and key figures
Company financial statements
Different financial year. Dates show the reporting period; figures are excluded from calendar-year growth and charts.
Amount in NOK
| Financial statement item | 2025 | 2024 | 30.11.2022–31.12.2023 (long period) |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 130 000 | 677 232 | 951 188 |
| Operating profit | -1 483 862 | -218 457 | -203 435 |
| Net income | -1 651 391 | 11 903 954 | -208 512 |
| Equity | 11 894 050 | 11 895 441 | -8 512 |
| Total assets | 12 591 560 | 12 468 007 | 501 142 |
| EBIT margin | -1 141,4 % | -32,3 % | -21,4 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
Sources and conversion basis
Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.
- 2025 · NOK · original-NOK · source version 61cb556bc517
- 2024 · NOK · original-NOK · source version c0609123376d
- 2023 · NOK · original-NOK-reported-fiscal-period · source version 2c0f0314d615
Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.
Income statement12 entries with information
| Financial statement item | 2025 | 2024 | 30.11.2022–31.12.2023 (long period) |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 130 000 | 677 232 | 927 188 |
| Total operating revenue | 130 000 | 677 232 | 951 188 |
| Operating expenses | |||
| Wage costs | 0 | 494 544 | 692 744 |
| Total operating expenses | 1 613 862 | 895 689 | 1 154 622 |
| Operating profit | |||
| Operating income (EBIT) | -1 483 862 | -218 457 | -203 435 |
| Financial income | |||
| Total finance income | 0 | 12 126 351 | 72 |
| Financial expenses | |||
| Other interest expense | 150 004 | 3 940 | 5 150 |
| Total finance costs | 167 530 | 3 940 | 5 150 |
| Net finance result | -167 530 | 12 122 411 | -5 078 |
| Results and tax | |||
| Income before tax | -1 651 391 | 11 903 954 | -208 512 |
| Tax expense on ordinary income | 0 | 0 | 0 |
| Net income | -1 651 391 | 11 903 954 | -208 512 |
Balance sheet13 entries with information
| Financial statement item | 2025 | 2024 | 30.11.2022–31.12.2023 (long period) |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 10 914 | 11 684 | 0 |
| Current assets | |||
| Total receivables | 12 572 607 | 12 436 882 | 458 152 |
| Total investments | 0 | 0 | 0 |
| Total cash and cash equivalents | 8 039 | 19 440 | 42 991 |
| Total current assets | 12 580 646 | 12 456 323 | 501 142 |
| Total assets | 12 591 560 | 12 468 007 | 501 142 |
| Equity | |||
| Total paid-in equity | 1 850 000 | 200 000 | 200 000 |
| Total retained earnings | 10 044 050 | 11 695 441 | -208 512 |
| Total equity | 11 894 050 | 11 895 441 | -8 512 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | — | 523 000 | 0 |
| Current liabilities | |||
| Total current liabilities | 39 510 | 49 565 | 509 655 |
| Total liabilities | 697 510 | 572 565 | 509 655 |
| Total | |||
| Total equity and liabilities | 12 591 560 | 12 468 006 | 501 142 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 68.200 · Rental and operating of own or leased real estate Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Bøgata 32, 3800 BØ I TELEMARK
- Founded
- 30.11.2022
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Bøgata 32, 3800 BØ I TELEMARK
Companies at the same address
Available company cards
About the address match
Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.
REGISTERED ROLES
The people and companies behind it.
| Name | Role | Source date |
|---|---|---|
| Gunnar MælandBorn 1954 | General manager | 14.11.2026 |
| Svein Gunnar MælandBorn 1977 | Chair of the board | 14.11.2026 |
| SELJORD REKNESKAPS-SERVICE ASView role record | Accountant | 14.11.2026 |
| Gunnar MælandBorn 1954 | Board member | 14.11.2026 |
Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.
YEAR-DATED OWNERSHIP
Reported shareholders.
As of 31 December 2025 · 3 of 3 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| MSG HOLDING ASView ownership entryView share entries → | 44,64 % · Ordinary shares | 31.12.2025 |
| MÆLAND HOLDING ASView ownership entryView share entries → | 44,64 % · Ordinary shares | 31.12.2025 |
| EH INVEST ASView ownership entryView share entries → | 10,71 % · Ordinary shares | 31.12.2025 |
- MSG HOLDING ASOrdinary shares44,64 %
- MÆLAND HOLDING ASOrdinary shares44,64 %
- EH INVEST ASOrdinary shares10,71 %
Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.
Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.
Previously reported ownership entries (4)
- 2024 · MSG HOLDING AS · 50,00 %
- 2024 · MÆLAND HOLDING AS · 50,00 %
- 2023 · MSG HOLDING AS · 50,00 %
- 2023 · MÆLAND HOLDING AS · 50,00 %
YEAR-DATED OWNERSHIP
Company share entries
The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.
YEAR-DATED OWNERSHIP
Indirect ownership
Explore documented ownership paths through companies. Each path and share class is shown separately; shares are not added together.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.
CONNECTIONS
Explore the ownership structure.
Directly reported ownership entries are shown first. Open the map to explore further.
Direct ownership entries without an interactive map
As of 31 December 2025 · 3 of 3 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| MSG HOLDING ASView ownership entryView share entries → | 44,64 % · Ordinary shares | 31.12.2025 |
| MÆLAND HOLDING ASView ownership entryView share entries → | 44,64 % · Ordinary shares | 31.12.2025 |
| EH INVEST ASView ownership entryView share entries → | 10,71 % · Ordinary shares | 31.12.2025 |
Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.
Open interactive map for direct ownership entries
CONNECTIONS
Explore the ownership structure.
See owners and open further company levels, using the same year throughout the tree.
Click a company to open owners. Select i for details.