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Grey Area AS
AS
Active
Org 915695396
Grensen 29, 9803
Vadsø
Computer programming activities
·
NACE 6210
Est. 2015 · 11 years old
5 employees
Monitor
Share
Norway
/
Companies
/
Computer programming activities
/
Grey Area AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
19M
14M
9M
5M
0M
2021: 4M
4M
2021
2022: 5M (+25% vs 2021)
5M
+25%
2022
2023: 8M (+60% vs 2022)
8M
+60%
2023
2024: 11M (+38% vs 2023)
11M
+38%
2024
2025: 15M (+36% vs 2024)
15M
+36%
2025
EBITDA
NOK millions
6M
5M
3M
2M
0M
2021: 1M
1M
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: 1M
1M
2023
2024: 1M (0% vs 2023)
1M
0%
2024
2025: 5M (+400% vs 2024)
5M
+400%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
15 454
10 654
7 966
4 857
3 519
Staff expenses
−5 150
−5 990
−3 227
−2 694
−1 352
EBITDA
4 992
593
1 256
−36
734
Depreciation & amort.
−27
−12
−22
−32
−32
EBIT
4 965
581
1 234
−68
702
Net financials
104
43
25
−4
−11
Profit before tax
5 069
623
1 259
−72
691
Tax
1 116
132
215
−0
16
Net profit
3 954
491
1 044
−71
675
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
7 498
3 768
3 585
2 034
2 008
Equity
1 754
1 221
1 330
1 486
1 557
Long-term debt
0
2
0
0
0
Short-term debt
5 742
2 545
2 255
549
451
Total debt
5 744
2 547
2 255
549
451
Financial ratios
5-year trend
EBITDA margin
32,3 %
This company
15,8 %
Market median
This company
Market median
104% above market
2021
2025
Equity ratio
23,4 %
This company
38,2 %
Market median
This company
Market median
39% below market
2021
2025
Return on equity
225,4 %
This company
18,4 %
Market median
This company
Market median
>999% above market
2021
2025
Net profit margin
25,6 %
This company
8,1 %
Market median
This company
Market median
216% above market
2021
2025
Asset turnover
2,06×
This company
1,12×
Market median
This company
Market median
84% above market
2021
2025
Debt / equity
3,27×
This company
0,62×
Market median
This company
Market median
427% above 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
More on Grey Area AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
