MNG Holding AS
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MNG Holding AS - overview
Location
Bergen, -, Norway
Primary Industry
Real Estate Development & Operating Companies
About
Based in Bergen, Norway, MNG Holding AS specializes in the rental of residential and commercial properties, offering tailored solutions to enhance the experience of corporate and private clients in the region. MNG Holding AS operates in the real estate sector, primarily focusing on property rentals in Bergen, Norway. The company has not undergone any notable pivots or changes in business strategy. It maintains its presence in the region and is headquartered in Bergen, where it has established a portfolio of properties.
The firm was founded by individuals with a history in the real estate market, although specific details about their previous ventures are not available. MNG Holding primarily focuses on the rental of residential and commercial properties in the Bergen area, with a commitment to providing tailored solutions for both corporate and private clients. The company positions itself as a long-term partner to its tenants, aiming to facilitate smooth daily operations through exceptional service and responsive management. MNG Holding offers properties located in central Bergen, as well as in areas such as Sandsli, Laksevåg, Godvik, and Voss, catering to a diverse clientele that includes businesses and individual residents.
The company emphasizes flexibility in its offerings, ensuring that spaces are adapted to meet tenant needs, which can encompass everything from layout advice to optimal space utilization. MNG Holding generates revenue primarily through long-term rental agreements for its residential and commercial properties. The transaction structure involves direct leasing arrangements with tenants, facilitating straightforward contractual terms that cater to both individual and business clients. The company’s revenue stream relies on providing a range of customizable leasing options that may include varying lengths of contracts and specific property features tailored to tenant requirements.
The pricing for these rental agreements reflects the market conditions of the areas served, ensuring that both residential and commercial clients receive competitive rates aligned with their needs.
Primary Industry
Real Estate Development & Operating Companies
Sub Industries
Real Estate Development & Operating Companies
Website
www.mngholding.no/
Total Amount Raised
Subscriber access only
MNG Holding AS - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | - | 113,405,469 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | 125,571,836 | 82,140,768 | - | - | - |
| Operating Income (USD) | 96,564,840 | 28,530,232 | - | - | - |
| Operating Margin | - | 25.2% | - | - | - |
| % EBITDA Margin | - | 72.4% | - | - | - |
| NET Income (USD) | 71,881,105 | 456,544,649 | - | - | - |
| % Net Margin | - | 402.6% | - | - | - |

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