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READ AND MEMORIZE AS
AS
Active
Org 916002785
Hestehagen 12, 1394 Nesbru
Other education n.e.c. · NACE 8559
Est. 2015
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 432K
-31% vs 2023
EBITDA margin
74.9%
-37% vs 2023
Equity ratio
-1670.0%
Financial strength
Net profit 2024
NOK 253K
-54% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
0M
-100%
2021
0M
0%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 432K
-31%
EBITDA
NOK 324K
-37%
Net profit
NOK 253K
-54%
Total assets
NOK 19K
-88%
Equity
NOK -311K
+45%
Employees
1
—
Company information
Legal name
READ AND MEMORIZE AS
Org number
916002785
Legal form
Aksjeselskap
NACE code
8559 · Other education n.e.c.
Founded
30. september 2015
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Konsulenttjenester og opplæring og det som har tilknytning til dette, samt deltagelse i andre selskaper.
Contact
Address
Hestehagen 12, 1394 Nesbru
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Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Explore
Companies in Other education n.e.c.
Companies in Asker
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
760
720
720
630
432
Staff expenses
−118
−372
−201
−5
−10
EBITDA
561
264
422
517
324
Depreciation & amort.
−428
−214
−0
−0
−0
EBIT
133
50
422
517
324
Net financials
−98
−82
−48
2
0
Profit before tax
35
−32
374
519
324
Tax
−0
−0
−0
−25
71
Net profit
35
−32
374
544
253
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
438
206
184
153
19
Equity
−1 449
−1 481
−1 108
−564
−311
Long-term debt
1 859
1 645
1 269
713
283
Short-term debt
28
43
22
3
46
Total debt
1 887
1 687
1 291
717
330
Financial ratios
5-year trend
EBITDA margin
74.9%
This company
15.8%
Market median
+374% vs market
2020
2024
Equity ratio
-1670.0%
This company
38.2%
Market median
-4472% vs market
2020
2024
Return on equity
25279800.0%
This company
18.4%
Market median
+137390117% vs market
2020
2024
Net profit margin
58.5%
This company
8.1%
Market median
+622% vs market
2020
2024
Asset turnover
23.21×
This company
1.12×
Market median
+1972% vs market
2020
2024
Debt / equity
1.06×
This company
0.62×
Market median
-71% 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)
WB
Wenche Beate Gimnes Olafsen
Deputy Member
Deputy Member
2015
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
PM
Per Morten Olafsen
Chairman
2015
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of READ AND MEMORIZE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Wenche Beate Gimnes Olafsen
Deputy Member
0 companies
Per Morten Olafsen
Chairman
0 companies