Riskpilot← Back to searchSign inGet full accessPHOTONCYCLE AS
ASActiveOrg 925751359Forskningsparken Gaustadalléen 21, 0349 OsloEngineering activities and related technical consultancy · NACE 7112Est. 202020 employeeswww.photoncycle.com
Revenue 2024
NOK 9,1M
+56% vs 2023
EBITDA margin
-63.6%
-378% vs 2023
Equity ratio
91.5%
Financial strength
Net profit 2024
NOK -7,4M
-104% vs 2023
| Revenue | NOK 9,1M | +56% |
| EBITDA | NOK -5,8M | -378% |
| Net profit | NOK -7,4M | -104% |
| Total assets | NOK 60,4M | +44% |
| Equity | NOK 55,2M | +37% |
| Employees | 20 | — |
Legal name
PHOTONCYCLE AS
Org number
925751359
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
6. oktober 2020
Share capital
NOK 448 080
Employees
20 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikling av teknologi fornybar energi og andre produkter/tjenester som naturlig hører sammen med dette.
Address
Forskningsparken Gaustadalléen 21, 0349 Oslo
Website
www.photoncycle.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 0 | 80 | 3 800 | 5 800 | 9 059 |
| Staff expenses | −0 | −560 | −3 762 | −4 577 | −11 030 |
| EBITDA | −15 | −977 | −1 298 | −1 205 | −5 759 |
| Depreciation & amort. | −10 | −241 | −1 608 | −2 556 | −3 327 |
| EBIT | −26 | −1 218 | −2 906 | −3 761 | −9 086 |
| Net financials | 0 | 0 | 2 | 147 | 1 706 |
| Profit before tax | −26 | −1 218 | −2 904 | −3 614 | −7 380 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | −26 | −1 218 | −2 904 | −3 614 | −7 380 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 970 | 8 688 | 8 683 | 41 865 | 60 360 |
| Equity | 969 | 7 051 | 4 147 | 40 453 | 55 236 |
| Long-term debt | 0 | 0 | 3 500 | 0 | 0 |
| Short-term debt | 1 | 1 637 | 1 036 | 1 412 | 5 124 |
| Total debt | 1 | 1 637 | 4 536 | 1 412 | 5 124 |
EBITDA margin
-63.6%
This company
15.8%
Market median
-503% vs market
20202024
Equity ratio
91.5%
This company
38.2%
Market median
+140% vs market
20202024
Return on equity
-13.4%
This company
18.4%
Market median
-173% vs market
20202024
Net profit margin
-81.5%
This company
8.1%
Market median
-1106% vs market
20202024
Asset turnover
0.15×
This company
1.12×
Market median
-87% vs market
20202024
Debt / equity
0.09×
This company
0.62×
Market median
+85% vs market
20202024
- 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 2020-09-14 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
BB Chief Executive Officer | Chief Executive Officer | 2020 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Chairman | 2023 | |
| Board of Directors | 2023 | |
| Board of Directors | 2024 | |
| Former (1) | ||
| Board of Directors | 2023 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 66.18% | 66.18% | 2024 | |
Lifeline Ventures Fund V Ky | Company | 14.23% | 14.23% | 2024 |
| Company | 3.76% | 3.76% | 2024 | |
| Individual | 3.59% | 3.59% | 2024 | |
Lv Ii Conopus Ab | Company | 3.32% | 3.32% | 2024 |
| Company | 2.84% | 2.84% | 2024 | |
| Company | 2.84% | 2.84% | 2024 | |
| Company | 2.09% | 2.09% | 2024 | |
| Company | 1.05% | 1.05% | 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 PHOTONCYCLE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bjørn Brandtzæg | Chief Executive Officer | 0 companies |
| Unni Olsbye | Board of Directors | 0 companies |
| Bård Martin Mikkelsen | Chairman | 0 companies |
| Erling Køpke Paulsen | Board of Directors | 0 companies |
| Teemu Eemeli Mattila | Board of Directors | 0 companies |