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CINCH AS
AS
Active
Org 923203028
Prinsessealléen 4, 0276 Oslo
Programmeringstjenester · NACE 62010
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 20K
-43% vs 2022
EBITDA margin
-29.1%
-122% vs 2022
Equity ratio
77.7%
Financial strength
Net profit 2023
NOK -6K
-123% vs 2022
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 20K
-43%
EBITDA
NOK -6K
-122%
Net profit
NOK -6K
-123%
Total assets
NOK 211K
-3%
Equity
NOK 164K
-4%
Employees
0
—
Company information
Legal name
CINCH AS
Org number
923203028
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
15. august 2019
Share capital
NOK 33 330
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Company purpose
Salg av programvare, hardware og markedsførings tjenester til serveringsbransjen.
Contact
Address
Prinsessealléen 4, 0276 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Programmeringstjenester
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
Income statement
NOK thousands
Item
2020
2021
2022
2023
Revenue
141
96
35
20
Staff expenses
−0
−0
−0
−0
EBITDA
72
32
26
−6
Depreciation & amort.
−0
−0
−0
−0
EBIT
72
32
26
−6
Net financials
0
0
0
−0
Profit before tax
72
32
26
−6
Tax
−0
7
−0
−0
Net profit
72
25
26
−6
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
Total assets
83
123
218
211
Equity
119
144
170
164
Long-term debt
40
40
40
40
Short-term debt
−76
−60
8
7
Total debt
−36
−20
48
47
Financial ratios
5-year trend
EBITDA margin
-29.1%
This company
15.8%
Market median
-284% vs market
2020
2023
Equity ratio
77.7%
This company
38.2%
Market median
+103% vs market
2020
2023
Return on equity
-3.6%
This company
18.4%
Market median
-120% vs market
2020
2023
Net profit margin
-30.1%
This company
8.1%
Market median
-472% vs market
2020
2023
Asset turnover
0.09×
This company
1.12×
Market median
-92% vs market
2020
2023
Debt / equity
0.29×
This company
0.62×
Market median
+53% vs market
2020
2023
Annual reports & filings
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
MA
Morten Andre Bilet
Board of Directors
2019
—
—
EB
Einar Breen
Chairman
2019
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Adaptive Media As
Company
45.0%
45.0%
2022
Big Barn Productions Llc
Company
10.0%
10.0%
2022
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 CINCH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Andre Bilet
Board of Directors
0 companies
Einar Breen
Chairman
0 companies