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MOTION CORPORATION AS
AS
Active
Org 911623498
Forskningsparken I Tromsø Sykehusvegen 23, 9019 Tromsø
Computer programming activities · NACE 6210
Est. 2013
0 employees
www.motioncorporation.com
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 0
EBITDA margin
—
-245% vs 2023
Equity ratio
98.3%
Financial strength
Net profit 2024
NOK -52K
-245% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 0
—
EBITDA
NOK -52K
-245%
Net profit
NOK -52K
-245%
Total assets
NOK 188K
-23%
Equity
NOK 185K
-22%
Employees
0
—
Company information
Legal name
MOTION CORPORATION AS
Org number
911623498
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
27. februar 2013
Share capital
NOK 160 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Utvikling og salg av programvare og salg av relaterte tjenester.
Contact
Address
Forskningsparken I Tromsø Sykehusvegen 23, 9019 Tromsø
Website
www.motioncorporation.com
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Explore
Companies in Computer programming activities
Companies in Tromsø
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
263
32
0
89
0
Staff expenses
−0
−0
−0
−0
−0
EBITDA
106
−56
−55
36
−52
Depreciation & amort.
−8
−5
−13
−0
−0
EBIT
98
−61
−68
36
−52
Net financials
1
−2
0
0
0
Profit before tax
99
−64
−68
36
−52
Tax
−0
−0
−0
−0
−0
Net profit
99
−64
−68
36
−52
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
388
274
208
246
188
Equity
333
269
201
237
185
Long-term debt
0
0
0
0
0
Short-term debt
55
5
6
9
3
Total debt
55
5
6
9
3
Financial ratios
5-year trend
EBITDA margin
-5188300.0%
This company
15.8%
Market median
-32837442% vs market
2020
2024
Equity ratio
98.3%
This company
38.2%
Market median
+157% vs market
2020
2024
Return on equity
-28.0%
This company
18.4%
Market median
-252% vs market
2020
2024
Net profit margin
-5188300.0%
This company
8.1%
Market median
-64053186% vs market
2020
2024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2020
2024
Debt / equity
0.02×
This company
0.62×
Market median
+97% vs market
2020
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
NT
Njål Trygve Borch
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
VS
Vegar Skjærven Wang
Board of Directors
2016
IM
Ingar Mæhlum Arntzen
Chairman
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Refactor As
Company
50%
50%
2022
Dibbler As
Company
50%
50%
2022
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Company hierarchy
Refactor As
MOTION CORPORATION AS
(this company)
Board network connections
Board members of MOTION CORPORATION AS also hold positions in
0
other companies.
Person
Role here
Other companies
Njål Trygve Borch
Chief Executive Officer
0 companies
Vegar Skjærven Wang
Board of Directors
0 companies
Ingar Mæhlum Arntzen
Chairman
0 companies