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BALCOO AS
AS
Active
Org 918886982
Prof. Olav Hanssens V. 7A, 4021 Stavanger
Other software publishing · NACE 5829
Est. 2017
2 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 4,5M
-38% vs 2022
EBITDA margin
48.2%
+10% vs 2022
Equity ratio
-29.2%
Financial strength
Net profit 2023
NOK -501K
-150% vs 2022
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2019
0M
0%
2020
0M
0%
2021
2M
+200%
2022
2M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 4,5M
-38%
EBITDA
NOK 2,2M
+10%
Net profit
NOK -501K
-150%
Total assets
NOK 569K
-76%
Equity
NOK -166K
-150%
Employees
2
—
Company information
Legal name
BALCOO AS
Org number
918886982
Legal form
Aksjeselskap
NACE code
5829 · Other software publishing
Founded
25. april 2017
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Utvikling og salg av programvare med tilhørende konsulent- og opplæringstjenester samt annen virksomhet som naturlig faller inn under dette.
Contact
Address
Prof. Olav Hanssens V. 7A, 4021 Stavanger
Email
arbeidslivskontakt@uis.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Other software publishing
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
2M
2019
3M
2020
4M
2021
7M
2022
4M
2023
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2019
0M
2020
0M
2021
2M
2022
2M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
1 995
2 739
4 067
7 193
4 471
Staff expenses
−367
−865
−992
−1 646
−124
EBITDA
214
336
373
1 958
2 153
Depreciation & amort.
−125
−208
−245
−697
−0
EBIT
89
128
128
1 261
2 153
Net financials
−64
−26
−90
−75
−2 192
Profit before tax
25
102
39
1 186
−38
Tax
−0
−0
−0
183
462
Net profit
25
102
39
1 004
−501
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
1 587
1 888
1 593
2 353
569
Equity
531
632
521
335
−166
Long-term debt
773
782
213
0
0
Short-term debt
283
474
859
2 018
735
Total debt
1 056
1 256
1 072
2 018
735
Financial ratios
5-year trend
EBITDA margin
48.2%
This company
15.8%
Market median
+205% vs market
2019
2023
Equity ratio
-29.2%
This company
38.2%
Market median
-176% vs market
2019
2023
Return on equity
-50067000.0%
This company
18.4%
Market median
-272103361% vs market
2019
2023
Net profit margin
-11.2%
This company
8.1%
Market median
-238% vs market
2019
2023
Asset turnover
7.86×
This company
1.12×
Market median
+602% vs market
2019
2023
Debt / equity
4.43×
This company
0.62×
Market median
-615% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
BI
Bjørn Ingvar Grønning
Board of Directors
2017
JH
Jan Helge Strømnes
Chairman
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Incap As
Company
50%
50%
2022
Strømnes Holding As
Company
50%
50%
2022
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Company hierarchy
Incap As
BALCOO AS
(this company)
Board network connections
Board members of BALCOO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bjørn Ingvar Grønning
Board of Directors
0 companies
Jan Helge Strømnes
Chairman
0 companies