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EXSPEND AS
AS
Active
Org 920589804
Kirkegata 3, 2000 Lillestrøm
Konsulentvirksomhet tilknyttet informasjonsteknologi · NACE 62020
Est. 2018
17 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 43,6M
+24% vs 2020
EBITDA margin
13.5%
+124% vs 2020
Equity ratio
17.8%
Financial strength
Net profit 2021
NOK 4,8M
+112% vs 2020
EBITDA — year on year
NOK millions
0M
2M
4M
6M
8M
-1M
2018
1M
+200%
2019
3M
+200%
2020
6M
+100%
2021
Key figures
Annual report 2021
Revenue
NOK 43,6M
+24%
EBITDA
NOK 5,9M
+124%
Net profit
NOK 4,8M
+112%
Total assets
NOK 12,1M
+24%
Equity
NOK 2,2M
+40%
Employees
17
—
Company information
Legal name
EXSPEND AS
Org number
920589804
Legal form
Aksjeselskap
NACE code
62020 · Konsulentvirksomhet tilknyttet informasjonsteknologi
Founded
13. mars 2018
Share capital
NOK 3 000 000
Employees
17 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
It konsulenttjenester, rådgivning, bemanning- og vikartjenester
Contact
Address
Kirkegata 3, 2000 Lillestrøm
Email
beate@exspend.no
Risika for professionals
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Companies in Lillestrøm
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Revenue
NOK millions
0M
13M
25M
38M
51M
5M
2018
22M
2019
35M
2020
44M
2021
EBITDA
NOK millions
0M
2M
3M
5M
7M
-1M
2018
1M
2019
3M
2020
6M
2021
Income statement
NOK thousands
Item
2018
2019
2020
2021
Revenue
5 030
21 687
35 273
43 571
Staff expenses
−4 540
−10 742
−13 984
−15 794
EBITDA
−587
1 353
2 630
5 889
Depreciation & amort.
−0
−0
−0
−0
EBIT
−587
1 353
2 630
5 889
Net financials
0
1
4
−0
Profit before tax
−587
1 354
2 634
5 889
Tax
−0
43
359
1 074
Net profit
−587
1 311
2 275
4 814
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
Total assets
2 815
6 040
9 741
12 127
Equity
−557
754
1 544
2 158
Long-term debt
1 000
800
800
0
Short-term debt
2 372
4 486
7 397
9 968
Total debt
3 372
5 286
8 197
9 968
Financial ratios
5-year trend
EBITDA margin
13.5%
This company
15.8%
Market median
-15% vs market
2018
2021
Equity ratio
17.8%
This company
38.2%
Market median
-53% vs market
2018
2021
Return on equity
223.1%
This company
18.4%
Market median
+1113% vs market
2018
2021
Net profit margin
11.0%
This company
8.1%
Market median
+36% vs market
2018
2021
Asset turnover
3.59×
This company
1.12×
Market median
+221% vs market
2018
2021
Debt / equity
4.62×
This company
0.62×
Market median
-645% vs market
2018
2021
Annual reports & filings
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
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-03-08 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
HL
Hans-Ingar Løvstad
Chief Executive Officer
Chief Executive Officer
2018
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
EB
Espen Bjerke Hartz
Chairman
2022
—
—
BN
Beate Norbye Aas
Chairman
2018
—
—
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
No registered parent or subsidiaries
Board network connections
Board members of EXSPEND AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hans-Ingar Løvstad
Chief Executive Officer
0 companies
Espen Bjerke Hartz
Chairman
0 companies
Beate Norbye Aas
Chairman
0 companies