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NORBAY AS
AS
Active
Org 927396904
Rosenholmveien 25, 1414 Trollåsen
Computer programming activities · NACE 6210
Est. 2021
1 employees
norbay.no
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 61K
-92% vs 2023
EBITDA margin
-851.6%
-39% vs 2023
Equity ratio
807.7%
Financial strength
Net profit 2024
NOK -528K
-41% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
-1M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 61K
-92%
EBITDA
NOK -518K
-39%
Net profit
NOK -528K
-41%
Total assets
NOK -107K
-149%
Equity
NOK -863K
-158%
Employees
1
—
Company information
Legal name
NORBAY AS
Org number
927396904
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
8. juli 2021
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Salg av programvarer og programvareutviklingstjenester.
Contact
Address
Rosenholmveien 25, 1414 Trollåsen
Website
norbay.no
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Explore
Companies in Computer programming activities
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All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
1M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
-1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
2
707
802
61
Staff expenses
−0
−489
−624
−59
EBITDA
−4
15
−372
−518
Depreciation & amort.
−0
−0
−0
−0
EBIT
−4
15
−372
−518
Net financials
0
−0
−1
−10
Profit before tax
−4
14
−373
−528
Tax
−0
2
−0
−0
Net profit
−4
12
−373
−528
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
26
240
219
−107
Equity
26
38
−335
−863
Long-term debt
0
0
0
0
Short-term debt
0
202
554
756
Total debt
0
202
554
756
Financial ratios
5-year trend
EBITDA margin
-851.6%
This company
15.8%
Market median
-5490% vs market
2021
2024
Equity ratio
-86296800.0%
This company
38.2%
Market median
-225907953% vs market
2021
2024
Return on equity
-52798100.0%
This company
18.4%
Market median
-286946296% vs market
2021
2024
Net profit margin
-867.4%
This company
8.1%
Market median
-10809% vs market
2021
2024
Asset turnover
60870.00×
This company
1.12×
Market median
+5434721% vs market
2021
2024
Debt / equity
0.88×
This company
0.62×
Market median
+42% vs market
2021
2024
Annual reports & filings
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 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
SS
Saba Samina Arshad
Chief Executive Officer
Chief Executive Officer
2021 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MU
Muhammad Usman Awan
Chairman
2022
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of NORBAY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Saba Samina Arshad
Chief Executive Officer
0 companies
Muhammad Usman Awan
Chairman
0 companies