Riskpilot← Back to searchSign inGet full accessALGOTRADE AS
ASActiveOrg 923822054Sjølystveien 50, 4610 Kristiansand SComputer programming activities · NACE 6210Est. 20193 employees
Revenue 2024
NOK 2
-100% vs 2023
EBITDA margin
-14350500.0%
+30% vs 2023
Equity ratio
13.7%
Financial strength
Net profit 2024
NOK -315K
-29% vs 2023
| Revenue | NOK 2 | -100% |
| EBITDA | NOK -287K | +30% |
| Net profit | NOK -315K | -29% |
| Total assets | NOK 1,5M | -20% |
| Equity | NOK 199K | -88% |
| Employees | 3 | — |
Legal name
ALGOTRADE AS
Org number
923822054
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
14. november 2019
Share capital
NOK 119 350
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikling av algoritmer for handel på online trading plattformer, samt utleie av tradingalgoritmer til kunder for privat trading. Investering i aksjer og andre tradingprodukter.
Address
Sjølystveien 50, 4610 Kristiansand S
Email
post@algotrade.org
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 17 | 586 | 121 | 131 | 0 |
| Staff expenses | −0 | −0 | −3 | −918 | −405 | −168 |
| EBITDA | −1 | 10 | 534 | −891 | −409 | −287 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 |
| EBIT | −1 | 10 | 534 | −891 | −409 | −287 |
| Net financials | 0 | 21 | 63 | −91 | 165 | −28 |
| Profit before tax | −1 | 31 | 597 | −981 | −244 | −315 |
| Tax | −0 | 5 | 131 | 0 | −0 | −0 |
| Net profit | −1 | 26 | 465 | −981 | −244 | −315 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Total assets | 23 | 135 | 805 | 1 649 | 1 821 | 1 456 |
| Equity | 23 | 130 | 505 | −476 | 1 724 | 199 |
| Long-term debt | 0 | 0 | 0 | 1 954 | 0 | 0 |
| Short-term debt | 0 | 5 | 299 | 171 | 97 | 1 257 |
| Total debt | 0 | 5 | 299 | 2 125 | 97 | 1 257 |
EBITDA margin
-14350500.0%
This company
15.8%
Market median
-90826049% vs market
20192024
Equity ratio
13.7%
This company
38.2%
Market median
-64% vs market
20192024
Return on equity
-158.5%
This company
18.4%
Market median
-961% vs market
20192024
Net profit margin
-15757800.0%
This company
8.1%
Market median
-194540841% vs market
20192024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
20192024
Debt / equity
6.32×
This company
0.62×
Market median
-919% vs market
20192024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
ØS Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2019 | — | — | |
| Chairman | 2025 | — | — | |
| Deputy Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 20.5% | 20.5% | 2024 | |
Schille Reservoir Consult As | Company | 3.1% | 3.1% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of ALGOTRADE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Øystein Sæveland | Chief Executive Officer | 0 companies |
| Matthew Hessaa-Szwinto | Chairman | 0 companies |
| Mohamad Obeid | Chairman | 0 companies |
| Abbas Sadiq | Deputy Chairman | 0 companies |