BIZTRAC BETA
COMPANY REGISTER PROFILE
934340728 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
On-demand passenger transport service activities by vehicle with driver

MG DRIVE AS

Org. no. 934340728 Limited company (AS) Oslo Incorporated 2024 Active
Ownership graph ↗
Revenue 2025 NOK 757,000
Operating profit NOK 5,000
Equity NOK −82,000
Incorporated 2024
Share capital NOK 30,000

Signals

1 flags
  • Negativ egenkapital 2025 Bokført egenkapital er negativ (−82k kr).

MG DRIVE AS is registered as a limited company in Oslo, Oslo with organisation number 934340728. The business is classified under on-demand passenger transport service activities by vehicle with driver (NACE 49.330). The company was incorporated in 2024. Registered share capital is NOK 30,000, divided into 1000 shares. The company's stated purpose is: “Transporttjenester, drosjekøring av person og pakke.”. The most recent filed accounts, for the 2025 financial year, show NOK 757,000 in revenue and NOK 5,000 in operating profit.

Key figures · 2025

Revenue
NOK 757,000
▲ +3290 %
Operating profit
NOK 5,000
▲ +105 %
Equity
NOK −82,000
▼ −11 %

Financial health · 2025

Liquidity
0.12
Not satisfactory
Current assets ÷ current liabilities
Profitability
1.4%
Weak
Return on total assets
Solidity
-21.7%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns MG DRIVE AS?

MG DRIVE AS
NOK 757,000 rev. · NOK 5,000 profit

MG DRIVE AS has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about MG DRIVE AS

Who owns MG DRIVE AS?

MULUKEN GEMECHU GENNA is the largest registered owner, with 100.0%.

What is the revenue of MG DRIVE AS?

MG DRIVE AS had revenue of NOK 757,000 in 2025.

Who is the general manager of MG DRIVE AS?

Muluken Gemechu Genna is registered as general manager of MG DRIVE AS.

Where is MG DRIVE AS based?

MG DRIVE AS has its business address in Oslo.

Property

Business address John Colletts allé 110, 0870 Oslo
Cadastral unit 301-48/246/0/0
Building Studenthjem/studentboliger · 144 units

21 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

Report a problem

Found a technical fault, or something wrong in the data? Tell us what happened.