Melbye
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Melbye - overview
Established
1907
Location
-, -, Norway
Primary Industry
Telecoms
About
Melbye is a Scandinavian company specializing in products and system solutions for energy, infrastructure, and installation, providing essential tools and accessories to support professional installations. Founded in 1907 in Norway, Melbye focuses on delivering high-quality solutions in the energy and infrastructure sectors. The company has not undergone significant pivots or changes in its business model since its establishment and operates out of Norway. Christian Aasheim currently serves as the CEO.
Melbye offers a comprehensive range of products tailored for utility companies and professionals in the energy and infrastructure markets. Their core products include cable accessories, emergency lighting, and specialized tools. Recent innovations feature the HTLS Transmission system for enhanced power transmission and the Gekko adjustable pole shoe, aimed at improving safety and efficiency in various work environments. Melbye's diverse product lineup meets the growing demand for sustainable infrastructure solutions across Norway, Sweden, and Finland.
In 2023, Melbye reported a revenue of USD 32. 44 mn with an EBITDA of USD 2. 71 mn, generated primarily through direct sales to businesses in the energy and infrastructure sectors. The company collaborates with utility providers and contractors to facilitate bulk orders and establish ongoing supply agreements, ensuring tailored solutions that align with specific project needs.
Melbye aims to expand its product line with upcoming launches, focusing on innovative solutions tailored for energy distribution and infrastructure needs. Plans include targeting new markets in Europe, specifically Denmark and Germany, with expansion efforts expected to commence in 2024. Recent funding will be allocated to support product development and market entry strategies, enhancing Melbye's presence in these regions.
Primary Industry
Telecoms
Sub Industries
Fiber Optics, Telecoms Towers & Infrastructure
Website
www.melbye.no
Verticals
Infrastructure
Total Amount Raised
Subscriber access only
Melbye - timeline of key events
Melbye - financials
| Fiscal Year Ended | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 23,405,967.349 | 24,579,244.857 | 25,553,753.112 | 27,299,861.821 | 30,223,678.067 | 30,101,307.562 | 33,118,030.189 | 38,904,155.59 | 32,027,095.635 | 32,858,950.302 | - | - | - |
| % Revenue Growth (YoY) | - | 5.0% | 4.0% | 6.8% | 10.7% | (0.4%) | 10.0% | 17.5% | (17.7%) | 2.6% | - | - | - |
| EBITDA (USD) | 2,397,219.561 | 2,505,677.503 | 2,443,387.725 | 1,594,179.805 | 3,371,887.256 | 3,316,386.976 | 3,562,419.321 | 3,552,198.839 | 2,777,846.184 | 3,125,279.882 | - | - | - |
| Operating Income (USD) | 2,210,140.104 | 2,185,104.993 | 2,138,513.709 | 1,245,174.395 | 3,080,964.558 | 3,038,897.796 | 3,162,443.076 | 2,947,919.559 | 1,982,496.526 | 2,206,160.682 | - | - | - |
| Operating Margin | 9.4% | 8.9% | 8.4% | 4.6% | 10.2% | 10.1% | 9.5% | 7.6% | 6.2% | 6.7% | - | - | - |
| % EBITDA Margin | 10.2% | 10.2% | 9.6% | 5.8% | 11.2% | 11.0% | 10.8% | 9.1% | 8.7% | 9.5% | - | - | - |
| NET Income (USD) | 1,537,006.873 | 1,597,473.208 | 1,631,404.074 | 869,967.014 | 2,394,466.563 | 2,235,758.144 | 2,425,860.25 | 2,244,573.067 | 1,590,481.848 | 1,754,829.535 | - | - | - |
| % Net Margin | 6.6% | 6.5% | 6.4% | 3.2% | 7.9% | 7.4% | 7.3% | 5.8% | 5.0% | 5.3% | - | - | - |
Melbye - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | RS Technologies Inc. | - | ||||||||
| Trade Sale | Completed | RS Technologies Inc. | - |
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Melbye - employee data
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