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BAO SYSTEMS LLC
NUF
Active
Org 917872511
House of Sweden, 2900, 20007 Washington Dc
Other information technology and computer service activities · NACE 6290
Est. 2016
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,1M
-13% vs 2023
EBITDA margin
7.1%
-21% vs 2023
Equity ratio
55.0%
Financial strength
Net profit 2024
NOK 338K
-20% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
0M
-100%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,1M
-13%
EBITDA
NOK 431K
-21%
Net profit
NOK 338K
-20%
Total assets
NOK 2,9M
-4%
Equity
NOK 1,6M
+27%
Employees
2
—
Company information
Legal name
BAO SYSTEMS LLC
Org number
917872511
Legal form
Norskregistrert Utenlandsk Foretak
NACE code
6290 · Other information technology and computer service activities
Founded
15. oktober 2016
Share capital
—
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
House of Sweden, 2900, 20007 Washington Dc
Email
info@baosystems.com
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Explore
Companies in Other information technology and computer service activities
Companies in 20007 Washington Dc
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
9M
2020
7M
2021
6M
2022
7M
2023
6M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 080
7 439
5 892
7 002
6 085
Staff expenses
−6 643
−0
−0
−0
−0
EBITDA
665
580
410
547
431
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
665
580
410
547
431
Net financials
−0
1
−3
−3
2
Profit before tax
665
580
408
544
433
Tax
146
−0
−0
−0
−0
Net profit
519
453
318
424
338
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 875
1 703
1 995
3 056
2 922
Equity
74
527
845
1 269
1 607
Long-term debt
714
666
0
0
0
Short-term debt
1 087
509
1 150
1 787
1 314
Total debt
1 800
1 176
1 150
1 787
1 314
Financial ratios
5-year trend
EBITDA margin
7.1%
This company
15.8%
Market median
-55% vs market
2020
2024
Equity ratio
55.0%
This company
38.2%
Market median
+44% vs market
2020
2024
Return on equity
21.0%
This company
18.4%
Market median
+14% vs market
2020
2024
Net profit margin
5.6%
This company
8.1%
Market median
-31% vs market
2020
2024
Asset turnover
2.08×
This company
1.12×
Market median
+86% vs market
2020
2024
Debt / equity
0.82×
This company
0.62×
Market median
+32% 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)
ST
Steffen Tengesdal
Business Manager
Business Manager
2022
Former (1)
MJ
Michael James Spitzer
Contact Person
Contact Person
2019 – 2022
Board of directors
Non-executive oversight
No data on file.
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of BAO SYSTEMS LLC also hold positions in
0
other companies.
Person
Role here
Other companies
Michael James Spitzer
Contact Person
0 companies
Steffen Tengesdal
Business Manager
0 companies