Loading company…
Riskpilot
← Back to search
Sign in
Get full access
UNDERGROUND ART AND FRAMING AS
AS
Active
Org 926907999
Kaigaten 18, 5016 Bergen
Retail sale of cultural and recreational goods n.e.c. · NACE 4769
Est. 2021
2 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 4,8M
+41% vs 2021
EBITDA margin
-0.7%
-117% vs 2021
Equity ratio
11.3%
Financial strength
Net profit 2022
NOK -85K
-158% vs 2021
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
Key figures
Annual report 2022
Revenue
NOK 4,8M
+41%
EBITDA
NOK -35K
-117%
Net profit
NOK -85K
-158%
Total assets
NOK 816K
+21%
Equity
NOK 92K
-48%
Employees
2
—
Company information
Legal name
UNDERGROUND ART AND FRAMING AS
Org number
926907999
Legal form
Aksjeselskap
NACE code
4769 · Retail sale of cultural and recreational goods n.e.c.
Founded
7. april 2021
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Galleri, kunstformidling, innramming, verksted, event og kunst.
Contact
Address
Kaigaten 18, 5016 Bergen
Email
post@undergroundgallery.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Retail sale of cultural and recreational goods n.e.c.
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
3M
2021
5M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
Income statement
NOK thousands
Item
2021
2022
Revenue
3 388
4 777
Staff expenses
−227
−766
EBITDA
208
−35
Depreciation & amort.
−14
−20
EBIT
193
−56
Net financials
−4
−31
Profit before tax
189
−87
Tax
42
−1
Net profit
148
−85
Balance sheet
NOK thousands
Item
2021
2022
Total assets
673
816
Equity
178
92
Long-term debt
254
164
Short-term debt
241
560
Total debt
495
724
Financial ratios
5-year trend
EBITDA margin
-0.7%
This company
15.8%
Market median
-104% vs market
2021
2022
Equity ratio
11.3%
This company
38.2%
Market median
-70% vs market
2021
2022
Return on equity
-92.6%
This company
18.4%
Market median
-603% vs market
2021
2022
Net profit margin
-1.8%
This company
8.1%
Market median
-122% vs market
2021
2022
Asset turnover
5.85×
This company
1.12×
Market median
+422% vs market
2021
2022
Debt / equity
7.84×
This company
0.62×
Market median
-1165% 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 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
MS
Monika Sapiegaite
Chief Executive Officer
Chief Executive Officer
2021 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KA
Karsten Aleksander Kongshavn
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
KONGSHAVN HOLDING AS
Company
70%
70%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
KONGSHAVN HOLDING AS
UNDERGROUND ART AND FRAMING AS
(this company)
FASTIGHET AS
Board network connections
Board members of UNDERGROUND ART AND FRAMING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Monika Sapiegaite
Chief Executive Officer
0 companies
Karsten Aleksander Kongshavn
Chairman
0 companies