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LIGHTUP AS
AS
Active
Org 927479125
Rådhusgata 6, 4306 Sandnes
Wholesale of household, office and shop furniture, carpets and lighting equipment · NACE 4647
Est. 2021
5 employees
lightup.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 48M
-1% vs 2023
EBITDA margin
-1.4%
+15% vs 2023
Equity ratio
32.1%
Financial strength
Net profit 2024
NOK -815K
+15% vs 2023
EBITDA — year on year
NOK millions
0M
1M
1M
2M
3M
2M
2021
-1M
-150%
2022
-1M
0%
2023
-1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 48M
-1%
EBITDA
NOK -685K
+15%
Net profit
NOK -815K
+15%
Total assets
NOK 8,3M
-29%
Equity
NOK 2,7M
-23%
Employees
5
—
Company information
Legal name
LIGHTUP AS
Org number
927479125
Legal form
Aksjeselskap
NACE code
4647 · Wholesale of household, office and shop furniture, carpets and lighting equipment
Founded
29. juli 2021
Share capital
NOK 83 190
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Handel med belysningsutstyr, samt alt som naturlig står i forbindelse med dette.
Contact
Address
Rådhusgata 6, 4306 Sandnes
Phone
+4798859898
Email
support@onlinestores.com
Website
lightup.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Wholesale of household, office and shop furniture, carpets and lighting equipment
Companies in Sandnes
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Revenue
NOK millions
0M
14M
28M
42M
56M
49M
2021
44M
2022
48M
2023
48M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2021
-1M
2022
-1M
2023
-1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
48 564
43 755
48 365
48 040
Staff expenses
−2 649
−2 641
−3 271
−3 098
EBITDA
1 861
−536
−807
−685
Depreciation & amort.
−43
−16
−29
−22
EBIT
1 818
−553
−836
−706
Net financials
−54
−117
−122
−108
Profit before tax
1 764
−670
−957
−815
Tax
417
−0
−0
−0
Net profit
1 347
−670
−957
−815
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
10 864
8 292
11 759
8 341
Equity
1 372
702
3 492
2 677
Long-term debt
0
1 821
0
0
Short-term debt
9 493
5 770
8 267
5 664
Total debt
9 493
7 591
8 267
5 664
Financial ratios
5-year trend
EBITDA margin
-1.4%
This company
15.8%
Market median
-109% vs market
2021
2024
Equity ratio
32.1%
This company
38.2%
Market median
+16% vs market
2021
2024
Return on equity
-30.4%
This company
18.4%
Market median
-265% vs market
2021
2024
Net profit margin
-1.7%
This company
8.1%
Market median
-121% vs market
2021
2024
Asset turnover
5.76×
This company
1.12×
Market median
+414% vs market
2021
2024
Debt / equity
2.12×
This company
0.62×
Market median
-242% 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 2021-07-02 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
ME
Martin Erlandsen
Chief Executive Officer
Chief Executive Officer
2024
—
—
AE
Amund Espelien
Chief Executive Officer
Chief Executive Officer
2023
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SM
Stian Moldvær Larsen
Chairman
2023
—
—
LH
Leif Holst-Liæker
Chairman
2025
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Byd Holding As
Company
50.5%
50.5%
2024
Farvann As
Company
49.5%
49.5%
2024
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
Byd Holding As
LIGHTUP AS
(this company)
Board network connections
Board members of LIGHTUP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Martin Erlandsen
Chief Executive Officer
0 companies
Amund Espelien
Chief Executive Officer
0 companies
Stian Moldvær Larsen
Chairman
0 companies
Leif Holst-Liæker
Chairman
0 companies