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APPROVED BRANDS AS
AS
Active
Org 923613552
Smedsletta 1, 1383 Asker
Wholesale of clothing and footwear · NACE 4642
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 109K
-89% vs 2023
EBITDA margin
-110.4%
-388% vs 2023
Equity ratio
22.2%
Financial strength
Net profit 2024
NOK -130K
-721% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 109K
-89%
EBITDA
NOK -120K
-388%
Net profit
NOK -130K
-721%
Total assets
NOK 400K
-27%
Equity
NOK 89K
-59%
Employees
0
—
Company information
Legal name
APPROVED BRANDS AS
Org number
923613552
Legal form
Aksjeselskap
NACE code
4642 · Wholesale of clothing and footwear
Founded
16. oktober 2019
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Import og salg av klær og sportsutstyr.
Contact
Address
Smedsletta 1, 1383 Asker
Risika for professionals
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Companies in Wholesale of clothing and footwear
Companies in Asker
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
1M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
238
580
499
951
109
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−19
224
26
42
−120
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−19
224
26
42
−120
Net financials
2
−8
−4
−15
−10
Profit before tax
−17
216
22
27
−130
Tax
−0
43
5
6
−0
Net profit
−17
174
17
21
−130
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
283
516
537
545
400
Equity
8
181
198
219
89
Long-term debt
212
213
212
212
202
Short-term debt
63
121
127
114
110
Total debt
276
335
339
326
311
Financial ratios
5-year trend
EBITDA margin
-110.4%
This company
15.8%
Market median
-799% vs market
2020
2024
Equity ratio
22.2%
This company
38.2%
Market median
-42% vs market
2020
2024
Return on equity
-146.3%
This company
18.4%
Market median
-895% vs market
2020
2024
Net profit margin
-119.8%
This company
8.1%
Market median
-1579% vs market
2020
2024
Asset turnover
0.27×
This company
1.12×
Market median
-76% vs market
2020
2024
Debt / equity
3.50×
This company
0.62×
Market median
-465% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
RG
Rolf Gunnar Anders Bruce
Chairman
2019
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
100.0%
100.0%
2022
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
No registered parent or subsidiaries
Board network connections
Board members of APPROVED BRANDS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Rolf Gunnar Anders Bruce
Chairman
0 companies