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EVOLVE COMBAT AS
AS
Active
Org 921557914
Båtsmannsgata 4, 7042 Trondheim
Retail sale of footwear and leather goods · NACE 4772
Est. 2019
0 employees
evolvecombat.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 242K
-35% vs 2023
EBITDA margin
29.7%
+115% vs 2023
Equity ratio
22.3%
Financial strength
Net profit 2024
NOK 53K
+59% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 242K
-35%
EBITDA
NOK 72K
+115%
Net profit
NOK 53K
+59%
Total assets
NOK 198K
+34%
Equity
NOK 44K
+62%
Employees
0
—
Company information
Legal name
EVOLVE COMBAT AS
Org number
921557914
Legal form
Aksjeselskap
NACE code
4772 · Retail sale of footwear and leather goods
Founded
24. januar 2019
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Thomas rønning formo
Company purpose
Kjøp og salg av kampsport relatert utstyr og klær.
Contact
Address
Båtsmannsgata 4, 7042 Trondheim
Website
evolvecombat.no
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Companies in Retail sale of footwear and leather goods
Companies in Trondheim
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Revenue
210
184
353
304
371
242
Staff expenses
−0
−0
−0
−0
−0
−0
EBITDA
61
−71
−15
−1
33
72
Depreciation & amort.
−0
−0
−0
−0
−0
−0
EBIT
61
−71
−15
−1
33
72
Net financials
−1
−2
0
1
−0
−1
Profit before tax
59
−73
−15
−1
33
71
Tax
13
−0
−13
−0
−0
18
Net profit
46
−73
−3
−1
33
53
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Total assets
113
97
83
174
149
198
Equity
71
−2
−5
−6
27
44
Long-term debt
0
0
0
0
0
0
Short-term debt
43
100
89
180
121
154
Total debt
43
100
89
180
121
154
Financial ratios
5-year trend
EBITDA margin
29.7%
This company
15.8%
Market median
+88% vs market
2019
2024
Equity ratio
22.3%
This company
38.2%
Market median
-42% vs market
2019
2024
Return on equity
119.3%
This company
18.4%
Market median
+548% vs market
2019
2024
Net profit margin
21.8%
This company
8.1%
Market median
+169% vs market
2019
2024
Asset turnover
1.22×
This company
1.12×
Market median
+9% vs market
2019
2024
Debt / equity
3.48×
This company
0.62×
Market median
-461% vs market
2019
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
TK
Tarron Khidmatgar Mozdoorzoy
Chairman
2025
—
—
TR
Thomas Rønning Formo
Chairman
2026
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Formo Holdings As
Company
100.0%
100.0%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Formo Holdings As
EVOLVE COMBAT AS
(this company)
Board network connections
Board members of EVOLVE COMBAT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tarron Khidmatgar Mozdoorzoy
Chairman
0 companies
Thomas Rønning Formo
Chairman
0 companies