Riskpilot← Back to searchSign inGet full accessTHETA DEVELOPMENT AS
ASActiveOrg 811585092Herman Grans Vei 58B, 5162 LaksevågComputer programming activities · NACE 6210Est. 20133 employeeswww.hadocs.com
Revenue 2025
NOK 5,6M
+3% vs 2024
EBITDA margin
56.6%
+14% vs 2024
Equity ratio
21.6%
Financial strength
Net profit 2025
NOK 2,6M
+15% vs 2024
| Revenue | NOK 5,6M | +3% |
| EBITDA | NOK 3,2M | +14% |
| Net profit | NOK 2,6M | +15% |
| Total assets | NOK 4,7M | -9% |
| Equity | NOK 1M | +6% |
| Employees | 3 | — |
Legal name
THETA DEVELOPMENT AS
Org number
811585092
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
18. februar 2013
Share capital
NOK 30 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Vidar lund
Company purpose
Handelsvirksomhet og konsulentvirksomhet innen databehandling, samt hva hermed står i forbindelse, herunder å eie og delta i andre selskaper med lignende virksomhet.
Address
Herman Grans Vei 58B, 5162 Laksevåg
Email
info@thetadev.no
Website
www.hadocs.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 3 314 | 3 489 | 4 217 | 5 430 | 5 617 |
| Staff expenses | −2 558 | −2 001 | −2 523 | −2 145 | −1 972 |
| EBITDA | 400 | 1 095 | 1 198 | 2 779 | 3 178 |
| Depreciation & amort. | −0 | −13 | −19 | −35 | −27 |
| EBIT | 400 | 1 083 | 1 179 | 2 744 | 3 151 |
| Net financials | 5 | 8 | 8 | 113 | 131 |
| Profit before tax | 406 | 1 091 | 1 187 | 2 857 | 3 282 |
| Tax | 89 | 173 | 261 | 629 | 724 |
| Net profit | 316 | 918 | 927 | 2 227 | 2 558 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 3 104 | 3 949 | 3 825 | 5 173 | 4 731 |
| Equity | 2 417 | 1 822 | 1 738 | 965 | 1 023 |
| Long-term debt | 0 | 1 | 3 | 0 | 0 |
| Short-term debt | 687 | 2 127 | 2 085 | 4 208 | 3 708 |
| Total debt | 687 | 2 127 | 2 088 | 4 208 | 3 708 |
EBITDA margin
56.6%
This company
15.8%
Market median
+258% vs market
20212025
Equity ratio
21.6%
This company
38.2%
Market median
-43% vs market
20212025
Return on equity
250.0%
This company
18.4%
Market median
+1259% vs market
20212025
Net profit margin
45.5%
This company
8.1%
Market median
+462% vs market
20212025
Asset turnover
1.19×
This company
1.12×
Market median
+6% vs market
20212025
Debt / equity
3.62×
This company
0.62×
Market median
-484% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
BV Deputy Member | Deputy Member | 2014 |
VL Chief Executive Officer | Chief Executive Officer | 2014 |
No data on file.
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Theta Eagle As
THETA DEVELOPMENT AS Board members of THETA DEVELOPMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bjarte Vatnøy | Deputy Member | 0 companies |
| Vidar Lund | Chief Executive Officer | 0 companies |