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MOVE IT AS
AS
Active
Org 920934609
Non-scheduled passenger transport by road · NACE 4932
Est. 2018
103 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 32,2M
+11% vs 2021
EBITDA margin
7.9%
-39% vs 2021
Equity ratio
7.7%
Financial strength
Net profit 2022
NOK -389K
-126% vs 2021
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
0M
2018
0M
0%
2019
1M
+100%
2020
4M
+300%
2021
3M
-25%
2022
Key figures
Annual report 2022
Revenue
NOK 32,2M
+11%
EBITDA
NOK 2,6M
-39%
Net profit
NOK -389K
-126%
Total assets
NOK 12,7M
-21%
Equity
NOK 974K
-29%
Employees
103
—
Company information
Legal name
MOVE IT AS
Org number
920934609
Legal form
Aksjeselskap
NACE code
4932 · Non-scheduled passenger transport by road
Founded
2. juni 2018
Share capital
NOK 30 000
Employees
103 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Company purpose
Persontransport og dertil naturlig tilhørende virksomhet, samt kjøp og salg av aksjer og deltakelse i andre selskaper.
Contact
Address
Email
todd@moveit.com
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Companies in Non-scheduled passenger transport by road
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
9M
18M
28M
37M
0M
2018
1M
2019
3M
2020
29M
2021
32M
2022
EBITDA
NOK millions
0M
1M
2M
3M
5M
0M
2018
0M
2019
1M
2020
4M
2021
3M
2022
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
Revenue
237
1 446
3 393
28 898
32 191
Staff expenses
−205
−524
−233
−15 749
−18 502
EBITDA
−338
173
1 331
4 196
2 555
Depreciation & amort.
−0
−0
−245
−2 030
−2 602
EBIT
−338
173
1 086
2 166
−47
Net financials
0
−2
−19
−267
−293
Profit before tax
−338
171
1 067
1 899
−341
Tax
−0
−0
198
414
49
Net profit
−338
171
869
1 485
−389
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
Total assets
14
539
9 310
16 143
12 719
Equity
−308
−137
878
1 363
974
Long-term debt
0
0
6 832
10 517
8 073
Short-term debt
322
676
1 600
4 263
3 673
Total debt
322
676
8 432
14 780
11 745
Financial ratios
5-year trend
EBITDA margin
7.9%
This company
15.8%
Market median
-50% vs market
2018
2022
Equity ratio
7.7%
This company
38.2%
Market median
-80% vs market
2018
2022
Return on equity
-40.0%
This company
18.4%
Market median
-317% vs market
2018
2022
Net profit margin
-1.2%
This company
8.1%
Market median
-115% vs market
2018
2022
Asset turnover
2.53×
This company
1.12×
Market median
+126% vs market
2018
2022
Debt / equity
12.06×
This company
0.62×
Market median
-1845% vs market
2018
2022
Annual reports & filings
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
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
WS
Waseem Shazad
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
No data on file.
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 MOVE IT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Waseem Shazad
Chief Executive Officer
0 companies