Riskpilot← Back to searchSign inGet full accessCITYQ AS
ASActiveOrg 918053557Månesigden 20, 1337 SandvikaIndustrial product and fashion design activities · NACE 7411Est. 20162 employees
Revenue 2024
NOK 2,8M
+91% vs 2023
EBITDA margin
-91.4%
-43% vs 2023
Equity ratio
11.8%
Financial strength
Net profit 2024
NOK -40,2M
-2189% vs 2023
| Revenue | NOK 2,8M | +91% |
| EBITDA | NOK -2,6M | -43% |
| Net profit | NOK -40,2M | -2189% |
| Total assets | NOK 21,9M | -25% |
| Equity | NOK 2,6M | -89% |
| Employees | 2 | — |
Legal name
CITYQ AS
Org number
918053557
Legal form
Aksjeselskap
NACE code
7411 · Industrial product and fashion design activities
Founded
16. november 2016
Share capital
NOK 200 438
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Company purpose
Utvikling av transportmidler, programvare og løsninger knyttet til transport. Dette inkluderer også rådgivning, salg og markedsføring av slike tjenester, samt handel, finansiering, agentur, og distribusjon av varer og tjenester innenfor disse områdene. I tillegg delta i andre selskap med lignende virksomhet, kjøp og salg av aksjer, lån, aksjetegning eller på annen måte delta i relevante virksomheter.
Address
Månesigden 20, 1337 Sandvika
Phone
+4790020538
Email
morten@cityq.biz
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 1 021 | 1 684 | 1 797 | 1 485 | 2 841 |
| Staff expenses | −1 255 | −1 286 | −529 | −568 | −642 |
| EBITDA | −318 | −1 368 | 945 | −1 819 | −2 598 |
| Depreciation & amort. | −1 133 | −1 142 | −1 411 | −2 069 | −2 069 |
| EBIT | −1 450 | −2 510 | −466 | −3 888 | −4 667 |
| Net financials | 2 | −4 | −228 | −132 | −36 292 |
| Profit before tax | −1 448 | −2 514 | −694 | −4 021 | −40 960 |
| Tax | −0 | −0 | −0 | −2 263 | −737 |
| Net profit | −1 448 | −2 514 | −694 | −1 757 | −40 223 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 4 984 | 5 921 | 15 048 | 29 152 | 21 854 |
| Equity | 646 | 322 | 10 303 | 22 902 | 2 581 |
| Long-term debt | 3 293 | 3 707 | 3 707 | 4 221 | 11 685 |
| Short-term debt | 1 045 | 1 892 | 1 037 | 2 029 | 7 587 |
| Total debt | 4 338 | 5 599 | 4 745 | 6 250 | 19 273 |
EBITDA margin
-91.4%
This company
15.8%
Market median
-678% vs market
20202024
Equity ratio
11.8%
This company
38.2%
Market median
-69% vs market
20202024
Return on equity
-1558.5%
This company
18.4%
Market median
-8570% vs market
20202024
Net profit margin
-1415.6%
This company
8.1%
Market median
-17577% vs market
20202024
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
20202024
Debt / equity
7.47×
This company
0.62×
Market median
-1105% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
MT Chief Executive Officer | Chief Executive Officer | 2016 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2023 | |
| Former (3) | ||
| Chairman | 2021 – 2023 | |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2023 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 43.99% | 43.99% | 2024 | |
| Individual | 17.8% | 17.8% | 2024 | |
| Company | 5.22% | 5.22% | 2024 | |
Seshu Bhagavathula | Company | 4.56% | 4.56% | 2024 |
Xenomatix | Company | 3.71% | 3.71% | 2024 |
Wolfgang Scheunemann | Company | 1.8% | 1.8% | 2023 |
Henk Van Dreumel | Company | 1.68% | 1.68% | 2024 |
Dr. Hütwohl Gmbh | Company | 1.45% | 1.45% | 2024 |
| Company | 1.4% | 1.4% | 2024 | |
Ray Sidney | Company | 1.29% | 1.29% | 2024 |
Nagendra P Bandaru | Company | 1.22% | 1.22% | 2024 |
Gregor Schmit | Company | 1.09% | 1.09% | 2024 |
Innoventure | Company | 1.09% | 1.09% | 2024 |
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No registered parent or subsidiaries
Board members of CITYQ AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Morten Trygve Rynning | Chief Executive Officer | 0 companies |
| Seshu Bhagavathula | Chairman | 0 companies |
| Morten Wiese | Chairman | 0 companies |
| Ketil Solvik-Olsen | Board of Directors | 0 companies |
| Hans Frisvold | Board of Directors | 0 companies |