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North Code AS
AS
Active
Org 926461826
Karl Johans Gate 25, 0159
Oslo
Computer programming activities
·
NACE 6210
Est. 2021 · 5 years old
2 employees
northcode.com
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Computer programming activities
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North Code AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
24M
18M
12M
6M
0M
2021: 0M
0M
2021
2022: 8M
8M
2022
2023: 12M (+50% vs 2022)
12M
+50%
2023
2024: 17M (+42% vs 2023)
17M
+42%
2024
2025: 19M (+12% vs 2024)
19M
+12%
2025
EBITDA
NOK millions
11M
7M
4M
0M
-4M
2021: -1M
-1M
2021
2022: 6M (+700% vs 2021)
6M
+700%
2022
2023: 7M (+17% vs 2022)
7M
+17%
2023
2024: 8M (+14% vs 2023)
8M
+14%
2024
2025: 2M (-75% vs 2024)
2M
-75%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
19 255
17 223
12 148
8 300
130
Staff expenses
−2 679
−2 049
−2 002
−1 817
−1 455
EBITDA
1 648
7 712
6 742
6 045
−1 425
Depreciation & amort.
−80
−84
−60
−50
−0
EBIT
1 568
7 628
6 682
5 995
−1 425
Net financials
−5
−16
4
3 463
4 678
Profit before tax
1 563
7 613
6 686
9 458
3 253
Tax
324
1 699
1 499
2 082
716
Net profit
1 239
5 913
5 188
7 376
2 537
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
6 441
9 128
8 988
10 653
9 567
Equity
4 293
4 253
4 220
4 584
70
Long-term debt
108
0
0
0
5 975
Short-term debt
2 040
4 874
4 768
6 069
3 522
Total debt
2 148
4 874
4 768
6 069
9 497
Financial ratios
5-year trend
EBITDA margin
8,6 %
This company
15,8 %
Market median
This company
Market median
46% below market
2021
2025
Equity ratio
66,7 %
This company
38,2 %
Market median
This company
Market median
75% above market
2021
2025
Return on equity
28,9 %
This company
18,4 %
Market median
This company
Market median
57% above market
2021
2025
Net profit margin
6,4 %
This company
8,1 %
Market median
This company
Market median
21% below market
2021
2025
Asset turnover
2,99×
This company
1,12×
Market median
This company
Market median
167% above market
2021
2025
Debt / equity
0,50×
This company
0,62×
Market median
This company
Market median
19% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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 2021-01-08 – 2021-12-31
View
PDF
More on North Code AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
