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GLADSTONE MUSIC GROUP AS
AS
Active
Org 825504052
Lilløyveien 2A, 1366 Lysaker
Sound recording and music publishing activities · NACE 5920
Est. 2020
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 32K
-40% vs 2024
EBITDA margin
-429.6%
+54% vs 2024
Equity ratio
-3192.5%
Financial strength
Net profit 2025
NOK -138K
+54% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 32K
-40%
EBITDA
NOK -138K
+54%
Net profit
NOK -138K
+54%
Total assets
NOK 20K
+88%
Equity
NOK -635K
-28%
Employees
0
—
Company information
Legal name
GLADSTONE MUSIC GROUP AS
Org number
825504052
Legal form
Aksjeselskap
NACE code
5920 · Sound recording and music publishing activities
Founded
18. august 2020
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskapets tegnes av styrets leder og daglig leder, hver for seg, eller to styremedlemmer i fellesskap.
Company purpose
Produksjon og utgivelse av musikk og lydopptak, investere i musikkselskaper, samt annen virksomhet beslektet med dette.
Contact
Address
Lilløyveien 2A, 1366 Lysaker
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Companies in Sound recording and music publishing activities
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
0
0
96
53
32
Staff expenses
−0
−0
−16
−14
−0
EBITDA
−98
−85
−95
−301
−138
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−98
−85
−95
−301
−138
Net financials
0
0
0
−0
−0
Profit before tax
−98
−84
−95
−301
−138
Tax
−0
−0
−0
−0
−0
Net profit
−98
−84
−95
−301
−138
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
113
134
91
11
20
Equity
−16
−101
−196
−497
−635
Long-term debt
111
217
257
0
0
Short-term debt
18
18
30
508
655
Total debt
129
235
287
508
655
Financial ratios
5-year trend
EBITDA margin
-429.6%
This company
15.8%
Market median
-2819% vs market
2021
2025
Equity ratio
-3192.5%
This company
38.2%
Market median
-8457% vs market
2021
2025
Return on equity
-13790300.0%
This company
18.4%
Market median
-74947383% vs market
2021
2025
Net profit margin
-429.7%
This company
8.1%
Market median
-5405% vs market
2021
2025
Asset turnover
1.61×
This company
1.12×
Market median
+44% vs market
2021
2025
Debt / equity
1.03×
This company
0.62×
Market median
-66% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
CG
Christer George
Board of Directors
2020
AB
Alexander Berntsen Rajkovic
Chairman
2020
FG
Fredrik Giil Liisberg
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gladstone As
Company
51%
51%
2022
Håkon Hovde Pettersen
Individual
24.5%
24.5%
2022
Georgetown Holding As
Company
24.5%
24.5%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of GLADSTONE MUSIC GROUP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Christer George
Board of Directors
0 companies
Alexander Berntsen Rajkovic
Chairman
0 companies
Fredrik Giil Liisberg
Board of Directors
0 companies