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WRONGTOOLS AS
AS
Active
Org 826350482
c/o John Erik Kaada, 0495 Oslo
Manufacture of musical instruments · NACE 3220
Est. 2021
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,1M
+15% vs 2023
EBITDA margin
42.3%
-28% vs 2023
Equity ratio
84.9%
Financial strength
Net profit 2024
NOK 345K
-29% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2021
0M
0%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 1,1M
+15%
EBITDA
NOK 454K
-28%
Net profit
NOK 345K
-29%
Total assets
NOK 1,1M
+39%
Equity
NOK 908K
+61%
Employees
1
—
Company information
Legal name
WRONGTOOLS AS
Org number
826350482
Legal form
Aksjeselskap
NACE code
3220 · Manufacture of musical instruments
Founded
7. januar 2021
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Lydproduksjon.
Contact
Address
c/o John Erik Kaada, 0495 Oslo
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Companies in Manufacture of musical instruments
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
137
518
936
1 073
Staff expenses
−0
−0
−113
−327
EBITDA
−140
202
626
454
Depreciation & amort.
−0
−0
−0
−0
EBIT
−140
202
626
454
Net financials
2
−5
−4
−10
Profit before tax
−137
197
622
444
Tax
−0
13
137
98
Net profit
−137
184
485
345
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
197
308
772
1 069
Equity
−107
77
562
908
Long-term debt
0
0
0
0
Short-term debt
304
231
209
161
Total debt
304
231
209
161
Financial ratios
5-year trend
EBITDA margin
42.3%
This company
15.8%
Market median
+168% vs market
2021
2024
Equity ratio
84.9%
This company
38.2%
Market median
+122% vs market
2021
2024
Return on equity
38.0%
This company
18.4%
Market median
+107% vs market
2021
2024
Net profit margin
32.2%
This company
8.1%
Market median
+298% vs market
2021
2024
Asset turnover
1.00×
This company
1.12×
Market median
+11% vs market
2021
2024
Debt / equity
0.18×
This company
0.62×
Market median
+71% vs market
2021
2024
Annual reports & filings
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
Name
Role
Member since
Current (1)
JE
John Erik Kaada
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of WRONGTOOLS AS also hold positions in
0
other companies.
Person
Role here
Other companies
John Erik Kaada
Chief Executive Officer
0 companies