Riskpilot← Back to searchSign inGet full accessGREY AREA AS
ASActiveOrg 915695396Grensen 29, 9803 VadsøComputer programming activities · NACE 6210Est. 20155 employees
Revenue 2025
NOK 15,5M
+45% vs 2024
EBITDA margin
32.3%
+743% vs 2024
Equity ratio
23.4%
Financial strength
Net profit 2025
NOK 4M
+705% vs 2024
| Revenue | NOK 15,5M | +45% |
| EBITDA | NOK 5M | +743% |
| Net profit | NOK 4M | +705% |
| Total assets | NOK 7,5M | +99% |
| Equity | NOK 1,8M | +44% |
| Employees | 5 | — |
Legal name
GREY AREA AS
Org number
915695396
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
22. juli 2015
Share capital
NOK 33 333
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Selskapets formål er utvikling og salg av apps til ios og android og andre programmeringstjenester samt det som naturlig står i forbindelse med dette.
Address
Grensen 29, 9803 Vadsø
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 | 3 519 | 4 857 | 7 966 | 10 654 | 15 454 |
| Staff expenses | −1 352 | −2 694 | −3 227 | −5 990 | −5 150 |
| EBITDA | 734 | −36 | 1 256 | 593 | 4 992 |
| Depreciation & amort. | −32 | −32 | −22 | −12 | −27 |
| EBIT | 702 | −68 | 1 234 | 581 | 4 965 |
| Net financials | −11 | −4 | 25 | 43 | 104 |
| Profit before tax | 691 | −72 | 1 259 | 623 | 5 069 |
| Tax | 16 | −0 | 215 | 132 | 1 116 |
| Net profit | 675 | −71 | 1 044 | 491 | 3 954 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 2 008 | 2 034 | 3 585 | 3 768 | 7 498 |
| Equity | 1 557 | 1 486 | 1 330 | 1 221 | 1 754 |
| Long-term debt | 0 | 0 | 0 | 2 | 0 |
| Short-term debt | 451 | 549 | 2 255 | 2 545 | 5 742 |
| Total debt | 451 | 549 | 2 255 | 2 547 | 5 744 |
EBITDA margin
32.3%
This company
15.8%
Market median
+104% vs market
20212025
Equity ratio
23.4%
This company
38.2%
Market median
-39% vs market
20212025
Return on equity
225.4%
This company
18.4%
Market median
+1125% vs market
20212025
Net profit margin
25.6%
This company
8.1%
Market median
+216% vs market
20212025
Asset turnover
2.06×
This company
1.12×
Market median
+84% vs market
20212025
Debt / equity
3.27×
This company
0.62×
Market median
-427% 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 (1) | ||
KM Chief Executive Officer | Chief Executive Officer | 2015 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2015 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 33.33% | 33.33% | 2023 | |
Fazian Abid | Company | 33.33% | 33.33% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
GREY AREA AS 
TEORIAPPEN ASBoard members of GREY AREA AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kristian Melleby Aslaksen | Chief Executive Officer | 0 companies |
| Henrik Hansen | Chairman | 0 companies |