MGG INNOVATION AS

MGG INNOVATION AS is registered as a limited company in Færder, Vestfold with organisation number 925851450. The business is classified under buying and selling of own real estate (NACE 68.110). The company was incorporated in 2020. Registered share capital is NOK 30,000, divided into 100 shares. The company's stated purpose is: “Utvikling av tjenester innenfor kjøp og salg og andre produkter/tjenester som naturlig hører til dette, herunder å delta i andre selskap med lignende virksomhet, og kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak. Selskapet kan også drive med kjøp/drift av fast eiendom.”. The most recent filed accounts, for the 2024 financial year, show NOK 526,000 in revenue and NOK 367,000 in operating profit.

Key figures · 2024

Revenue

NOK 526,000

Operating profit

NOK 367,000

Equity

NOK 302,000

Est. value

NOK 974,000

Financial health · 2024

Liquidity

4.18

Very good

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

81.2%

Very good

Equity as a share of total capital

Who owns MGG INNOVATION AS?

MORTEN GARAAS GODAKER

50.0%

MGG INNOVATION AS

NOK 526,000 rev. · NOK 367,000 profit

MGG INNOVATION AS has 2 registered shareholders:

• MORTEN GARAAS GODAKER 50.0%
• MARTIN GARAAS GODAKER 50.0%

All shareholders and roles →

Which companies does MGG INNOVATION AS own?

MGG INNOVATION AS holds stakes in 3 companies:

• PRECISION MILLING AS 32.0%
• MSM ENTERTAINMENT AS 20.0%
• WORKIT AS 10.0%

See the full ownership structure →

Frequently asked questions about MGG INNOVATION AS

Who owns MGG INNOVATION AS?

MORTEN GARAAS GODAKER is the largest registered owner, with 50.0%.

What is the revenue of MGG INNOVATION AS?

MGG INNOVATION AS had revenue of NOK 526,000 in 2024.

Where is MGG INNOVATION AS based?

MGG INNOVATION AS has its business address in Nøtterøy.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.