Riskpilot← Back to searchSign inGet full accessIT WORKS AS
ASActiveOrg 917282900Grundingen 6, 0250 OsloComputer consultancy and computer facilities management activities · NACE 6220Est. 20161 employees
Revenue 2025
NOK 1,3M
-8% vs 2024
EBITDA margin
-3.0%
+75% vs 2024
Equity ratio
-18.4%
Financial strength
Net profit 2025
NOK -46K
+73% vs 2024
| Revenue | NOK 1,3M | -8% |
| EBITDA | NOK -40K | +75% |
| Net profit | NOK -46K | +73% |
| Total assets | NOK 141K | -37% |
| Equity | NOK -26K | -232% |
| Employees | 1 | — |
Legal name
IT WORKS AS
Org number
917282900
Legal form
Aksjeselskap
NACE code
6220 · Computer consultancy and computer facilities management activities
Founded
7. juni 2016
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Markedsføring og salg av it løsninger og produkter med tilhørende installasjon, support, utvikling, tilpassing av programvare og konsulentvirksomhet, samt deltagelse i andre selskaper og annet som naturlig faller sammen med dette.
Address
Grundingen 6, 0250 Oslo
Email
post@itworks.as
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 635 | 2 208 | 1 975 | 1 963 | 1 921 | 1 962 | 1 883 | 1 660 | 1 430 | 1 310 |
| Staff expenses | −291 | −1 046 | −1 000 | −1 011 | −986 | −1 008 | −1 010 | −1 018 | −1 027 | −960 |
| EBITDA | 153 | 207 | 160 | 20 | 122 | 45 | 100 | −51 | −159 | −40 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 | −3 | −10 | −10 | −7 |
| EBIT | 153 | 207 | 160 | 20 | 122 | 45 | 97 | −62 | −170 | −47 |
| Net financials | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 |
| Profit before tax | 153 | 207 | 160 | 20 | 123 | 46 | 98 | −61 | −169 | −46 |
| Tax | 38 | 50 | 37 | 4 | 27 | 10 | 21 | −1 | −0 | −0 |
| Net profit | 115 | 157 | 123 | 15 | 96 | 36 | 76 | −60 | −169 | −46 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 315 | 637 | 738 | 676 | 760 | 818 | 921 | 428 | 224 | 141 |
| Equity | 145 | 302 | 425 | 440 | 536 | 572 | 248 | 189 | 20 | −26 |
| Long-term debt | 1 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Short-term debt | 170 | 335 | 312 | 236 | 224 | 246 | 671 | 240 | 205 | 167 |
| Total debt | 170 | 336 | 313 | 236 | 224 | 246 | 673 | 240 | 205 | 167 |
EBITDA margin
-3.0%
This company
15.8%
Market median
-119% vs market
20162025
Equity ratio
-18.4%
This company
38.2%
Market median
-148% vs market
20162025
Return on equity
-4565000.0%
This company
18.4%
Market median
-24809883% vs market
20162025
Net profit margin
-3.5%
This company
8.1%
Market median
-143% vs market
20162025
Asset turnover
9.27×
This company
1.12×
Market median
+728% vs market
20162025
Debt / equity
6.44×
This company
0.62×
Market median
-939% vs market
20162025
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-05-31 – 2016-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
ML Chief Executive Officer | Chief Executive Officer | 2016 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2017 | — | — | |
| Chairman | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Econinvest As | Company | 73.3% | 73.3% | 2023 |
Infinity Holding As | Company | 26.7% | 26.7% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Infinity Holding As
IT WORKS AS Board members of IT WORKS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Marius Lambech | Chief Executive Officer | 0 companies |
| Kristian Erik Grønseth | Board of Directors | 0 companies |
| Andreas Granrud Helset | Chairman | 0 companies |