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PROPELL GROUP AS
AS
Active
Org 926694715
Bedriftsrådgivning og annen administrativ rådgivning · NACE 70220
Est. 2021
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 7M
+74% vs 2021
EBITDA margin
15.4%
+339% vs 2021
Equity ratio
74.1%
Financial strength
Net profit 2022
NOK 862K
+278% vs 2021
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
+100%
2022
Key figures
Annual report 2022
Revenue
NOK 7M
+74%
EBITDA
NOK 1,1M
+339%
Net profit
NOK 862K
+278%
Total assets
NOK 551K
-39%
Equity
NOK 408K
+190%
Employees
0
—
Company information
Legal name
PROPELL GROUP AS
Org number
926694715
Legal form
Aksjeselskap
NACE code
70220 · Bedriftsrådgivning og annen administrativ rådgivning
Founded
1. mars 2021
Share capital
NOK 3 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Salg av konsulenttjenester innen ledelse og forretningsutvikling, samt innen software.
Contact
Address
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
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Companies in
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
4M
2021
7M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
Income statement
NOK thousands
Item
2021
2022
Revenue
4 037
7 036
Staff expenses
−0
−0
EBITDA
−454
1 085
Depreciation & amort.
−0
−0
EBIT
−454
1 085
Net financials
−31
−117
Profit before tax
−484
968
Tax
−0
107
Net profit
−484
862
Balance sheet
NOK thousands
Item
2021
2022
Total assets
897
551
Equity
−454
408
Long-term debt
0
0
Short-term debt
1 351
143
Total debt
1 351
143
Financial ratios
5-year trend
EBITDA margin
15.4%
This company
15.8%
Market median
+3% vs market
2021
2022
Equity ratio
74.1%
This company
38.2%
Market median
+94% vs market
2021
2022
Return on equity
211.4%
This company
18.4%
Market median
+1049% vs market
2021
2022
Net profit margin
12.2%
This company
8.1%
Market median
+51% vs market
2021
2022
Asset turnover
12.78×
This company
1.12×
Market median
+1041% vs market
2021
2022
Debt / equity
0.35×
This company
0.62×
Market median
+44% vs market
2021
2022
Annual reports & filings
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-14 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
BC
Brian Christopher West
Chief Executive Officer
Chief Executive Officer
2021
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
AH
Anders Haakon Lier
Chairman
2021
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Propell Group As
Company
94.5%
94.5%
2022
Reayond As
Company
5.0%
5.0%
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
Reayond As
PROPELL GROUP AS
(this company)
Board network connections
Board members of PROPELL GROUP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Brian Christopher West
Chief Executive Officer
0 companies
Anders Haakon Lier
Chairman
0 companies