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Why Connect AS
AS
Active
Org 920453406
Store Elvegate 16A, 4514
Mandal
Business and other management consultancy activities
·
NACE 7020
Est. 2018 · 8 years old
7 employees
www.whyconnect.no
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Norway
/
Companies
/
Business and other management consultancy activities
/
Why Connect AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
9M
7M
4M
2M
0M
2021: 2M
2M
2021
2022: 5M (+150% vs 2021)
5M
+150%
2022
2023: 5M (0% vs 2022)
5M
0%
2023
2024: 6M (+20% vs 2023)
6M
+20%
2024
2025: 7M (+17% vs 2024)
7M
+17%
2025
EBITDA
NOK millions
1M
1M
1M
0M
0M
2021: 0M
0M
2021
2022: 1M
1M
2022
2023: 0M (-100% vs 2022)
0M
-100%
2023
2024: 1M
1M
2024
2025: 0M (-100% vs 2024)
0M
-100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
6 578
5 637
5 338
4 524
2 371
Staff expenses
−4 047
−3 140
−3 003
−1 527
−934
EBITDA
−89
567
73
687
199
Depreciation & amort.
−67
−53
−57
−3
−0
EBIT
−156
514
17
683
199
Net financials
−9
−1
−5
−1
−1
Profit before tax
−165
513
12
683
198
Tax
−0
116
4
150
44
Net profit
−165
397
8
532
154
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
2 549
2 392
1 845
1 734
641
Equity
1 141
1 307
910
902
369
Long-term debt
0
0
1
3
0
Short-term debt
1 407
1 085
934
830
271
Total debt
1 407
1 085
935
833
271
Financial ratios
5-year trend
EBITDA margin
−1,4 %
This company
15,8 %
Market median
This company
Market median
109% below market
2021
2025
Equity ratio
44,8 %
This company
38,2 %
Market median
This company
Market median
17% above market
2021
2025
Return on equity
−14,5 %
This company
18,4 %
Market median
This company
Market median
179% below market
2021
2025
Net profit margin
−2,5 %
This company
8,1 %
Market median
This company
Market median
131% below market
2021
2025
Asset turnover
2,58×
This company
1,12×
Market median
This company
Market median
130% above market
2021
2025
Debt / equity
1,23×
This company
0,62×
Market median
This company
Market median
98% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Why Connect AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
