Riskpilot← Back to searchSign inGet full accessCYCLED TECHNOLOGIES AS
ASActiveOrg 917867771Uniongata 18, 3732 SkienComputer programming activities · NACE 6210Est. 20162 employees
Revenue 2024
NOK 922K
+140% vs 2023
EBITDA margin
-56.0%
+79% vs 2023
Equity ratio
64.7%
Financial strength
Net profit 2024
NOK -2M
+27% vs 2023
| Revenue | NOK 922K | +140% |
| EBITDA | NOK -516K | +79% |
| Net profit | NOK -2M | +27% |
| Total assets | NOK 13,8M | -11% |
| Equity | NOK 9M | -10% |
| Employees | 2 | — |
Legal name
CYCLED TECHNOLOGIES AS
Org number
917867771
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
12. oktober 2016
Share capital
NOK 56 326
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Selge og utvikle teknologi, produkter og tjenester til avfalls og gjenvinning sektoren nasjonalt og internasjonalt og naturlig tilhørende tjenester.
Address
Uniongata 18, 3732 Skien
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| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50 | 585 | 394 | 382 | 1 569 | 785 | 995 | 384 | 922 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 | −9 | 0 | −730 | −208 |
| EBITDA | −29 | −282 | −518 | −219 | 1 178 | 393 | 782 | −2 433 | −516 |
| Depreciation & amort. | −0 | −0 | −122 | −21 | −977 | −400 | −700 | −0 | −1 414 |
| EBIT | −29 | −282 | −640 | −240 | 202 | −7 | 82 | −2 433 | −1 930 |
| Net financials | 0 | 1 | −31 | −18 | −3 | −28 | −142 | −350 | −96 |
| Profit before tax | −29 | −281 | −671 | −258 | 198 | −35 | −60 | −2 784 | −2 026 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | −29 | −281 | −671 | −258 | 198 | −35 | −60 | −2 784 | −2 026 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 1 | 468 | 4 494 | 5 575 | 6 732 | 7 050 | 10 211 | 15 526 | 13 846 |
| Equity | 1 | −80 | 1 799 | 4 041 | 5 157 | 5 808 | 7 637 | 9 978 | 8 955 |
| Long-term debt | 0 | 300 | 600 | 537 | 888 | 1 035 | 2 308 | 3 936 | 3 586 |
| Short-term debt | 0 | 249 | 2 095 | 997 | 687 | 207 | 266 | 1 613 | 1 305 |
| Total debt | 0 | 549 | 2 695 | 1 534 | 1 575 | 1 242 | 2 574 | 5 548 | 4 891 |
EBITDA margin
-56.0%
This company
15.8%
Market median
-454% vs market
20162024
Equity ratio
64.7%
This company
38.2%
Market median
+69% vs market
20162024
Return on equity
-22.6%
This company
18.4%
Market median
-223% vs market
20162024
Net profit margin
-219.8%
This company
8.1%
Market median
-2814% vs market
20162024
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
20162024
Debt / equity
0.55×
This company
0.62×
Market median
+11% vs market
20162024
- 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 2016-09-01 – 2016-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TS Chief Executive Officer | Chief Executive Officer | 2016 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2018 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Nordoest Middle East Llc | Company | 55.6% | 55.6% | 2024 |
Nordoest Fz Llc | Company | 53.3% | 53.3% | 2023 |
Christopher Benedikt Pilscheur | Company | 11.9% | 11.9% | 2024 |
Soraytec Middle East Ltd | Company | 11.4% | 11.4% | 2023 |
Ibsenbusiness As | Company | 11.4% | 11.4% | 2023 |
Emso Holding As | Company | 8.8% | 8.8% | 2024 |
Frydenlund Holding As | Company | 5.4% | 5.4% | 2024 |
Prosjektutvikling As | Company | 3.6% | 3.6% | 2024 |
| Individual | 3.2% | 3.2% | 2024 | |
Ijaodola Funsho Adegbenga | Company | 2.1% | 2.1% | 2024 |
Ljaodola Funsho Adegbenga | Company | 1.5% | 1.5% | 2023 |
| Individual | 1.3% | 1.3% | 2024 | |
Ullensaker Elektriske As | Company | 1.1% | 1.1% | 2024 |
Bjørk Eiendom As | Company | 1.1% | 1.1% | 2024 |
| Individual | 1.1% | 1.1% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of CYCLED TECHNOLOGIES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thor Sverre Minnesjord | Chief Executive Officer | 0 companies |
| Arve Haugseter | Board of Directors | 0 companies |
| Ole Johan Sandvær | Chairman | 0 companies |
| Matteo Chiesa | Board of Directors | 0 companies |