BIZTRAC BETA
COMPANY REGISTER PROFILE
987027568 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Electrical installation

MG ELEKTRO AS

Org. no. 987027568 Limited company (AS) Eigersund Incorporated 2004 Active
Ownership graph ↗
Revenue 2025 NOK 50.3m
Operating profit NOK 5.3m
Equity NOK 6.3m
Incorporated 2004
Employees 29
Share capital NOK 200,000

MG ELEKTRO AS is registered as a limited company in Eigersund, Rogaland with organisation number 987027568. The business is classified under electrical installation (NACE 43.210). The company was incorporated in 2004 and has 29 registered employees. Registered share capital is NOK 200,000, divided into 200 shares. The company's stated purpose is: “Elektro installasjon, handel med el-artikler, konsulenttjenester, kurs og andre tilknyttede produkter, og hva som måtte stå i forbindelse med dette, herunder eie av andre selskaper.”. The most recent filed accounts, for the 2025 financial year, show NOK 50.3m in revenue and NOK 5.3m in operating profit.

Former names: M & G ELEKTRO AS

Key figures · 2025

Revenue
NOK 50.3m
▼ −12 %
Operating profit
NOK 5.3m
▼ −13 %
Equity
NOK 6.3m
▲ +23 %
Est. value
NOK 19.6m

Financial health · 2025

Liquidity
1.45
Satisfactory
Current assets ÷ current liabilities
Profitability
27.8%
Very good
Return on total assets
Solidity
33.0%
Good
Equity as a share of total capital

Who owns MG ELEKTRO AS?

MG ELEKTRO AS has 7 registered shareholders:

All shareholders and roles →

Which companies does MG ELEKTRO AS own?

MG ELEKTRO AS holds stakes in 2 companies:

See the full ownership structure →

Frequently asked questions about MG ELEKTRO AS

Who owns MG ELEKTRO AS?

P NODLAND INVEST AS is the largest registered owner, with 15.0%.

What is the revenue of MG ELEKTRO AS?

MG ELEKTRO AS had revenue of NOK 50.3m in 2025.

Who is the general manager of MG ELEKTRO AS?

Runar Bowitz Østebrød is registered as general manager of MG ELEKTRO AS.

Where is MG ELEKTRO AS based?

MG ELEKTRO AS has its business address in Egersund.

Property

Business address Gamle Eigerøyveien 87, 4373 Egersund
Cadastral unit 1101-47/870/0/0
Building Lagerhall · 1 unit

2 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.

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