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BELIEF GROUP AS
AS
Active
Org 915161057
Nedre Slottsgate 5, 0157 Oslo
Business and other management consultancy activities · NACE 7020
Est. 2015
5 employees
www.beliefgroup.com
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,4M
+41% vs 2023
EBITDA margin
2.4%
-76% vs 2023
Equity ratio
42.6%
Financial strength
Net profit 2024
NOK 149K
-78% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 8,4M
+41%
EBITDA
NOK 202K
-76%
Net profit
NOK 149K
-78%
Total assets
NOK 3M
+20%
Equity
NOK 1,3M
+13%
Employees
5
—
Company information
Legal name
BELIEF GROUP AS
Org number
915161057
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
31. mars 2015
Share capital
NOK 50 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Bedriftsrådgivning og annen administrativ rådgivning, og annet som naturlig faller sammen med dette.
Contact
Address
Nedre Slottsgate 5, 0157 Oslo
Website
www.beliefgroup.com
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Explore
Companies in Business and other management consultancy activities
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
1M
2020
3M
2021
5M
2022
6M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 156
3 334
4 602
5 948
8 359
Staff expenses
−497
−2 774
−3 997
−4 360
−6 995
EBITDA
375
324
−41
857
202
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
375
324
−41
857
202
Net financials
−15
−2
−0
−3
−7
Profit before tax
359
322
−41
853
194
Tax
78
74
−0
182
45
Net profit
281
249
−41
671
149
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 046
1 568
1 647
2 524
3 027
Equity
261
509
468
1 139
1 288
Long-term debt
315
215
215
0
0
Short-term debt
470
844
964
1 385
1 738
Total debt
785
1 059
1 179
1 385
1 738
Financial ratios
5-year trend
EBITDA margin
2.4%
This company
15.8%
Market median
-85% vs market
2020
2024
Equity ratio
42.6%
This company
38.2%
Market median
+12% vs market
2020
2024
Return on equity
11.6%
This company
18.4%
Market median
+37% vs market
2020
2024
Net profit margin
1.8%
This company
8.1%
Market median
-78% vs market
2020
2024
Asset turnover
2.76×
This company
1.12×
Market median
+146% vs market
2020
2024
Debt / equity
1.35×
This company
0.62×
Market median
-118% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TN
Terje Nøstdal
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Belief As
Company
80%
80%
2024
Peter Calmar
Individual
20%
20%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of BELIEF GROUP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Nøstdal
Chairman
0 companies