Riskpilot← Back to searchSign inGet full accessAPPFARM AS
ASActiveOrg 919697199Universitetsgata 2, 0164 OsloComputer programming activities · NACE 6210Est. 201756 employees
Revenue 2025
NOK 62,7M
+36% vs 2024
EBITDA margin
-34.4%
+16% vs 2024
Equity ratio
39.0%
Financial strength
Net profit 2025
NOK -20,5M
+10% vs 2024
| Revenue | NOK 62,7M | +36% |
| EBITDA | NOK -21,6M | +16% |
| Net profit | NOK -20,5M | +10% |
| Total assets | NOK 42,4M | -32% |
| Equity | NOK 16,6M | -56% |
| Employees | 56 | — |
Legal name
APPFARM AS
Org number
919697199
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
10. oktober 2017
Share capital
NOK 142 497
Employees
56 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg. Daglig leder alene.
Company purpose
Levere it-tjenester og drive programvareutvikling. Selskapet skal også kunne investere i andre selskaper.
Address
Universitetsgata 2, 0164 Oslo
Phone
+4740461922
Email
hello@appfarm.io
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 164 | 695 | 4 229 | 11 213 | 22 344 | 29 460 | 38 638 | 46 165 | 62 733 |
| Staff expenses | −168 | −483 | −2 524 | −6 085 | −11 386 | −22 127 | −35 176 | −51 459 | −59 321 |
| EBITDA | −38 | 58 | 983 | 3 661 | 8 283 | 383 | −14 819 | −25 835 | −21 590 |
| Depreciation & amort. | −4 | −15 | −15 | −11 | −3 | −11 | −11 | −8 | −0 |
| EBIT | −42 | 44 | 969 | 3 650 | 8 280 | 372 | −14 830 | −25 844 | −21 590 |
| Net financials | 0 | 0 | 0 | 11 | 32 | 107 | 2 216 | 2 931 | 1 042 |
| Profit before tax | −42 | 44 | 969 | 3 661 | 8 313 | 479 | −12 613 | −22 912 | −20 549 |
| Tax | −0 | −0 | 80 | 669 | 1 657 | −1 | −0 | −0 | −0 |
| Net profit | −42 | 44 | 890 | 2 993 | 6 655 | 480 | −12 613 | −22 912 | −20 549 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 163 | 282 | 1 915 | 6 243 | 18 232 | 21 584 | 75 019 | 62 591 | 42 443 |
| Equity | 58 | 102 | 992 | 4 544 | 11 694 | 13 408 | 60 436 | 37 475 | 16 553 |
| Long-term debt | 0 | 0 | 0 | 0 | 1 751 | 750 | 750 | 0 | 0 |
| Short-term debt | 105 | 180 | 924 | 1 699 | 4 786 | 7 426 | 13 833 | 25 116 | 25 890 |
| Total debt | 105 | 180 | 924 | 1 699 | 6 537 | 8 176 | 14 583 | 25 116 | 25 890 |
EBITDA margin
-34.4%
This company
15.8%
Market median
-318% vs market
20172025
Equity ratio
39.0%
This company
38.2%
Market median
+2% vs market
20172025
Return on equity
-124.1%
This company
18.4%
Market median
-774% vs market
20172025
Net profit margin
-32.8%
This company
8.1%
Market median
-505% vs market
20172025
Asset turnover
1.48×
This company
1.12×
Market median
+32% vs market
20172025
Debt / equity
1.56×
This company
0.62×
Market median
-152% vs market
20172025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KØ Deputy Member | Deputy Member | 2025 | — | — |
MT Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
MT Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
KM Deputy Member | Deputy Member | 2025 | — | — |
AT Observer | Observer | 2023 | — | — |
GS Deputy Member | Deputy Member | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Profitadon As | Company | 16.1% | 16.1% | 2024 |
Ximio As | Company | 16.1% | 16.1% | 2024 |
Idekapital Fund 2 As | Company | 13.7% | 13.7% | 2024 |
Wolding Company As | Company | 12.6% | 12.6% | 2024 |
Kritt As | Company | 12.6% | 12.6% | 2024 |
Tuft Consulting As | Company | 12.6% | 12.6% | 2024 |
Eviny Ventures As | Company | 4.0% | 4.0% | 2024 |
Axif 7 As | Company | 2.4% | 2.4% | 2024 |
Arkwright X Incubator Invest 11 As | Company | 2.3% | 2.3% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Tuft Consulting As
APPFARM AS Board members of APPFARM AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kristian Øvsthus | Deputy Member | 0 companies |
| Marius Tuft | Chief Executive Officer | 0 companies |
| Marius Tuft Mathisen | Chief Executive Officer | 0 companies |
| Kristian Mella | Deputy Member | 0 companies |
| Andreas Tufteland Engelsen | Observer | 0 companies |
| Glenn-Robin Stokke Gill | Deputy Member | 0 companies |
| Ole Johnny Borgersen | Board of Directors | 0 companies |
| Hans Magnus Simonsen Wold | Board of Directors | 0 companies |
| Krisztina Horvath | Board of Directors | 0 companies |
| Simon Larsen | Chairman | 0 companies |