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PROQODE AS
AS
Active
Org 923357734
Rådhusgata 15, 3211 Sandefjord
Computer programming activities · NACE 6210
Est. 2019
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,7M
+5% vs 2023
EBITDA margin
18.9%
-26% vs 2023
Equity ratio
62.1%
Financial strength
Net profit 2024
NOK 397K
-25% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2,7M
+5%
EBITDA
NOK 503K
-26%
Net profit
NOK 397K
-25%
Total assets
NOK 2,4M
-5%
Equity
NOK 1,5M
-12%
Employees
1
—
Company information
Legal name
PROQODE AS
Org number
923357734
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
7. september 2019
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikling og salg av programvareprodukter og tjenester innenfor programvareutvikling, samt virksomhet som naturlig står i tilknytning til dette.
Contact
Address
Rådhusgata 15, 3211 Sandefjord
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Explore
Companies in Computer programming activities
Companies in Sandefjord
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2020
2M
2021
2M
2022
3M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 169
2 235
2 497
2 543
2 659
Staff expenses
−1 125
−1 211
−1 308
−1 474
−1 810
EBITDA
738
735
920
676
503
Depreciation & amort.
−16
−16
−15
−0
−0
EBIT
721
719
905
676
503
Net financials
−2
0
0
−0
2
Profit before tax
719
719
905
675
505
Tax
158
160
202
148
107
Net profit
561
559
703
527
397
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 210
1 548
2 076
2 497
2 364
Equity
505
815
1 393
1 670
1 467
Long-term debt
1
0
0
0
0
Short-term debt
704
733
684
827
897
Total debt
705
733
684
827
897
Financial ratios
5-year trend
EBITDA margin
18.9%
This company
15.8%
Market median
+20% vs market
2020
2024
Equity ratio
62.1%
This company
38.2%
Market median
+63% vs market
2020
2024
Return on equity
27.1%
This company
18.4%
Market median
+47% vs market
2020
2024
Net profit margin
14.9%
This company
8.1%
Market median
+84% vs market
2020
2024
Asset turnover
1.12×
This company
1.12×
Market median
+0% vs market
2020
2024
Debt / equity
0.61×
This company
0.62×
Market median
+2% vs market
2020
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
Management
Actively employed in the business
Name
Role
Member since
Current (2)
LJ
Lars Jakob Tho
Deputy Member
Deputy Member
2019
TT
Terje Tho
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Investeq As
Company
100%
100%
2024
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
Investeq As
PROQODE AS
(this company)
Board network connections
Board members of PROQODE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Jakob Tho
Deputy Member
0 companies
Terje Tho
Chief Executive Officer
0 companies