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UPGRADE SERVICES AS
AS
Active
Org 916456042
Fjellmusveien 4, 1356 Bekkestua
Rental and operating of own or leased real estate · NACE 6820
Est. 2015
0 employees
www.upgrade.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,9M
+1051% vs 2023
EBITDA margin
92.0%
+1712% vs 2023
Equity ratio
32.0%
Financial strength
Net profit 2024
NOK 1,9M
+2461% vs 2023
EBITDA — year on year
NOK millions
4M
3M
1M
0M
-1M
0M
2020
-1M
-100%
2021
0M
+100%
2022
0M
0%
2023
3M
+300%
2024
Key figures
Annual report 2024
Revenue
NOK 2,9M
+1051%
EBITDA
NOK 2,7M
+1712%
Net profit
NOK 1,9M
+2461%
Total assets
NOK 18,7M
+219%
Equity
NOK 6M
+348%
Employees
0
—
Company information
Legal name
UPGRADE SERVICES AS
Org number
916456042
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
16. desember 2015
Share capital
NOK 100 500
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Utgår
Company purpose
Investeringer særlig innenfor fast eiendom samt salg av konsulenttjenester innenfor økonomi, administrasjon og forretningsførsel.
Contact
Address
Fjellmusveien 4, 1356 Bekkestua
Website
www.upgrade.no
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Companies in Rental and operating of own or leased real estate
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Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2020
0M
2021
0M
2022
0M
2023
3M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2020
-1M
2021
0M
2022
0M
2023
3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
54
234
254
2 923
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−7
−555
155
148
2 690
Depreciation & amort.
−0
−0
−0
−0
−3
EBIT
−7
−555
155
148
2 687
Net financials
0
−32
−142
−230
−768
Profit before tax
−7
−587
13
−81
1 919
Tax
−0
−0
−0
−0
−0
Net profit
−7
−587
13
−81
1 919
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
23
4 857
5 983
5 881
18 731
Equity
23
1 406
1 420
1 339
5 998
Long-term debt
0
2 500
4 020
4 020
12 552
Short-term debt
0
951
543
522
181
Total debt
0
3 451
4 563
4 542
12 733
Financial ratios
5-year trend
EBITDA margin
92.0%
This company
15.8%
Market median
+482% vs market
2020
2024
Equity ratio
32.0%
This company
38.2%
Market median
+16% vs market
2020
2024
Return on equity
32.0%
This company
18.4%
Market median
+74% vs market
2020
2024
Net profit margin
65.7%
This company
8.1%
Market median
+711% vs market
2020
2024
Asset turnover
0.16×
This company
1.12×
Market median
-86% vs market
2020
2024
Debt / equity
2.12×
This company
0.62×
Market median
-242% 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)
BO
Bjørn Ottar Toften
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Statsautorisert Revisor Bjørn Fjellheim As
Company
50%
50%
2022
Egerdal As
Company
50%
50%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Egerdal As
Statsautorisert Revisor Bjørn Fjellheim As
UPGRADE SERVICES AS
(this company)
Board network connections
Board members of UPGRADE SERVICES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørn Ottar Toften
Chairman
0 companies