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Kvass Norge AS
AS
Active
Org 923943234
Klokkergårdveien 5, 1711
Sarpsborg
Computer programming activities
·
NACE 6210
Est. 2019 · 6 years old
15 employees
www.kvass.no
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Norway
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Companies
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Computer programming activities
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Kvass Norge AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
37M
28M
19M
9M
0M
2020: 1M
1M
2020
2021: 5M (+400% vs 2020)
5M
+400%
2021
2022: 18M (+260% vs 2021)
18M
+260%
2022
2023: 25M (+39% vs 2022)
25M
+39%
2023
2024: 30M (+20% vs 2023)
30M
+20%
2024
EBITDA
NOK millions
0M
-4M
-8M
-12M
-16M
2020: 0M
0M
2020
2021: 0M
0M
2021
2022: -8M
-8M
2022
2023: -13M (-62% vs 2022)
-13M
-62%
2023
2024: -4M (+69% vs 2023)
-4M
+69%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
30 441
24 974
18 044
4 537
855
Staff expenses
−18 961
−20 575
−12 395
−2 600
−335
EBITDA
−3 917
−13 327
−8 147
−300
−2
Depreciation & amort.
−4 117
−3 159
−872
−395
−5
EBIT
−8 034
−16 486
−9 019
−695
−7
Net financials
−985
−921
−46
−126
−112
Profit before tax
−9 018
−17 407
−9 065
−821
−118
Tax
−2 160
−3 791
−2 136
−0
−0
Net profit
−6 858
−13 616
−6 929
−821
−118
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
40 830
33 215
27 313
10 370
3 001
Equity
14 039
7 070
4 435
4 052
−94
Long-term debt
0
0
11 592
0
2 000
Short-term debt
26 791
26 145
11 286
6 318
1 095
Total debt
26 791
26 145
22 878
6 318
3 095
Financial ratios
5-year trend
EBITDA margin
−12,9 %
This company
15,8 %
Market median
This company
Market median
182% below market
2020
2024
Equity ratio
34,4 %
This company
38,2 %
Market median
This company
Market median
10% below market
2020
2024
Return on equity
−48,9 %
This company
18,4 %
Market median
This company
Market median
366% below market
2020
2024
Net profit margin
−22,5 %
This company
8,1 %
Market median
This company
Market median
378% below market
2020
2024
Asset turnover
0,75×
This company
1,12×
Market median
This company
Market median
33% below market
2020
2024
Debt / equity
1,91×
This company
0,62×
Market median
This company
Market median
208% above 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 2019-11-10 – 2020-12-31
View
PDF
More on Kvass Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
