What is the Org number of PARALLELO AS?

PARALLELO AS is registered with Brønnøysundsregistrene under Org 922853444.

What is the revenue of PARALLELO AS?

PARALLELO AS reported revenue of NOK 9,1M in 2025.

How many employees does PARALLELO AS have?

PARALLELO AS employs 5 people as of the latest annual report.

Who is the CEO of PARALLELO AS?

Ove Kvalsvik is the CEO of PARALLELO AS, in role since 2021.

Who is the chairman of PARALLELO AS?

Lars Eirik Ulseth chairs the board of PARALLELO AS, in role since 2025.

Where is PARALLELO AS headquartered?

PARALLELO AS's registered address is Hjelmesetvegen 14, 6092 Fosnavåg.

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PARALLELO AS

ASActive

Org 922853444Hjelmesetvegen 14, 6092 FosnavågArchitectural activities· NACE 7111Est. 2019 · 7 years old5 employeesparallelo.io

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	1 271	1 089	2 188	6 025	9 075
Staff expenses	−874	−2 632	−6 016	−3 732	−4 785
EBITDA	389	−2 575	−4 593	−644	770
Depreciation & amort.	−32	−59	−1 031	−1 020	−1 125
EBIT	358	−2 634	−5 624	−1 664	−355
Net financials	3	2	−148	−126	−228
Profit before tax	360	−2 631	−5 772	−1 790	−583
Tax	−0	−0	−0	−0	−0
Net profit	360	−2 631	−5 772	−1 790	−583

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	9 521	12 222	10 879	11 310	11 707
Equity	7 913	9 734	4 592	3 418	2 836
Long-term debt	0	0	3 000	2 953	−1 059
Short-term debt	1 038	1 163	2 095	3 879	5 049
Total debt	1 038	1 163	5 095	6 832	7 812

Financial ratios

5-year trend

EBITDA margin

8.5%

This company

15.8%

Market median

-46% vs market

20212025

Equity ratio

24.2%

This company

38.2%

Market median

-37% vs market

20212025

Return on equity

-20.5%

This company

18.4%

Market median

-211% vs market

20212025

Net profit margin

-6.4%

This company

8.1%

Market median

-179% vs market

20212025

Asset turnover

0.78×

This company

1.12×

Market median

-30% vs market

20212025

Debt / equity

3.13×

This company

0.62×

Market median

-405% vs market

20212025

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

PARALLELO AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on PARALLELO AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on PARALLELO AS