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PADEL CO AS
AS
Active
Org 926717170
Grini Næringspark 6, 1361 Østerås
Operation of sports facilities · NACE 9311
Est. 2021
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 6,1M
+70% vs 2024
EBITDA margin
3.9%
-7% vs 2024
Equity ratio
49.0%
Financial strength
Net profit 2025
NOK 177K
-9% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 6,1M
+70%
EBITDA
NOK 236K
-7%
Net profit
NOK 177K
-9%
Total assets
NOK 2,5M
+107%
Equity
NOK 1,2M
+17%
Employees
0
—
Company information
Legal name
PADEL CO AS
Org number
926717170
Legal form
Aksjeselskap
NACE code
9311 · Operation of sports facilities
Founded
3. mars 2021
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Drift og utleie av idrettsanlegg med baner og utstyr relatert til padel-tennis.
Contact
Address
Grini Næringspark 6, 1361 Østerås
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Companies in Operation of sports facilities
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All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
1M
2021
4M
2022
4M
2023
4M
2024
6M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
1 483
3 754
3 591
3 606
6 113
Staff expenses
−0
−0
−0
−0
−727
EBITDA
363
405
321
253
236
Depreciation & amort.
−2
−5
−5
−5
−10
EBIT
361
401
316
248
227
Net financials
−2
−0
−1
0
1
Profit before tax
359
400
316
248
228
Tax
78
88
69
55
51
Net profit
281
312
246
194
177
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
533
791
1 030
1 218
2 519
Equity
306
618
864
1 058
1 234
Long-term debt
0
0
0
0
0
Short-term debt
227
173
166
161
1 285
Total debt
227
173
166
161
1 285
Financial ratios
5-year trend
EBITDA margin
3.9%
This company
15.8%
Market median
-75% vs market
2021
2025
Equity ratio
49.0%
This company
38.2%
Market median
+28% vs market
2021
2025
Return on equity
14.3%
This company
18.4%
Market median
+22% vs market
2021
2025
Net profit margin
2.9%
This company
8.1%
Market median
-64% vs market
2021
2025
Asset turnover
2.43×
This company
1.12×
Market median
+117% vs market
2021
2025
Debt / equity
1.04×
This company
0.62×
Market median
-68% vs 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 2021-02-17 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KØ
Kristian Ødegaard
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
JT
Johannes Thorsnes
Chairman
2021
KR
Kristina Roch Ødegaard
Board of Directors
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
B2k Holding As
Company
50%
50%
2022
Urbania Eiendom As
Company
25%
25%
2022
Metal Monkey As
Company
25%
25%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Urbania As
Urbania Eiendom As
PADEL CO AS
(this company)
Board network connections
Board members of PADEL CO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kristian Ødegaard
Chief Executive Officer
0 companies
Johannes Thorsnes
Chairman
0 companies
Kristina Roch Ødegaard
Board of Directors
0 companies