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NATURAL STATE AS
AS
Active
Org 919645636
St. Halvards Gate 33, 0192 Oslo
Business and other management consultancy activities · NACE 7020
Est. 2017
25 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 20,9M
+33% vs 2023
EBITDA margin
3.9%
+108% vs 2023
Equity ratio
14.2%
Financial strength
Net profit 2024
NOK 536K
+309% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 20,9M
+33%
EBITDA
NOK 804K
+108%
Net profit
NOK 536K
+309%
Total assets
NOK 8,6M
+37%
Equity
NOK 1,2M
+78%
Employees
25
—
Company information
Legal name
NATURAL STATE AS
Org number
919645636
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
13. oktober 2017
Share capital
NOK 30 000
Employees
25 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Salg av rådgivningstjenester samt porteføljeforvaltning og tilhørende tjenester.
Contact
Address
St. Halvards Gate 33, 0192 Oslo
Email
naturalstatepr@gmail.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
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Companies in Business and other management consultancy activities
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
6M
12M
18M
24M
7M
2020
11M
2021
18M
2022
16M
2023
21M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 599
11 380
17 933
15 686
20 857
Staff expenses
−3 366
−6 134
−6 571
−8 584
−13 045
EBITDA
169
171
322
388
804
Depreciation & amort.
−6
−26
−36
−54
−31
EBIT
164
144
286
334
773
Net financials
−6
−29
−81
−189
−122
Profit before tax
158
115
205
145
652
Tax
65
72
158
14
116
Net profit
93
43
47
131
536
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 183
4 362
6 351
6 281
8 622
Equity
467
510
557
688
1 224
Long-term debt
0
0
0
1 880
1 590
Short-term debt
2 716
3 852
5 794
3 714
5 808
Total debt
2 716
3 852
5 794
5 593
7 398
Financial ratios
5-year trend
EBITDA margin
3.9%
This company
15.8%
Market median
-75% vs market
2020
2024
Equity ratio
14.2%
This company
38.2%
Market median
-63% vs market
2020
2024
Return on equity
43.8%
This company
18.4%
Market median
+138% vs market
2020
2024
Net profit margin
2.6%
This company
8.1%
Market median
-68% vs market
2020
2024
Asset turnover
2.42×
This company
1.12×
Market median
+116% vs market
2020
2024
Debt / equity
6.04×
This company
0.62×
Market median
-874% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EK
Einar Kleppe Holthe
Chairman
2021
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
NATURAL STATE AS
(this company)
NORDIC CIRCULAR HOTSPOT AS
Board network connections
Board members of NATURAL STATE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Einar Kleppe Holthe
Chairman
0 companies