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FLOW WORKS AS
AS
Active
Org 927642328
Risveien 7, 0374 Oslo
Sports and recreation education · NACE 8551
Est. 2021
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 930K
-60% vs 2022
EBITDA margin
-51.5%
-175% vs 2022
Equity ratio
26.3%
Financial strength
Net profit 2023
NOK -506K
-204% vs 2022
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2021
1M
+100%
2022
0M
-100%
2023
Key figures
Annual report 2023
Revenue
NOK 930K
-60%
EBITDA
NOK -479K
-175%
Net profit
NOK -506K
-204%
Total assets
NOK 240K
-81%
Equity
NOK 63K
-89%
Employees
3
—
Company information
Legal name
FLOW WORKS AS
Org number
927642328
Legal form
Aksjeselskap
NACE code
8551 · Sports and recreation education
Founded
3. september 2021
Share capital
NOK 30 000
Employees
3 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller styrets leder og nestleder i fellesskap.
Company purpose
Flow works as er et aksjeselskap hvis formål er aktivitetsformidling til næringslivet.
Contact
Address
Risveien 7, 0374 Oslo
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 Sports and recreation education
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
0M
2021
2M
2022
1M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
0M
2023
Income statement
NOK thousands
Item
2021
2022
2023
Revenue
309
2 330
930
Staff expenses
−6
−24
−686
EBITDA
74
642
−479
Depreciation & amort.
−0
−18
−27
EBIT
74
624
−505
Net financials
−0
−1
−1
Profit before tax
74
623
−506
Tax
16
136
−0
Net profit
57
487
−506
Balance sheet
NOK thousands
Item
2021
2022
2023
Total assets
163
1 281
240
Equity
82
569
63
Long-term debt
0
0
0
Short-term debt
81
712
177
Total debt
81
712
177
Financial ratios
5-year trend
EBITDA margin
-51.5%
This company
15.8%
Market median
-426% vs market
2021
2023
Equity ratio
26.3%
This company
38.2%
Market median
-31% vs market
2021
2023
Return on equity
-803.0%
This company
18.4%
Market median
-4464% vs market
2021
2023
Net profit margin
-54.4%
This company
8.1%
Market median
-772% vs market
2021
2023
Asset turnover
3.88×
This company
1.12×
Market median
+246% vs market
2021
2023
Debt / equity
2.80×
This company
0.62×
Market median
-352% vs market
2021
2023
Annual reports & filings
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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
HC
Herman Christoffersen
Deputy Chairman
2021
ØC
Øistein Christoffersen
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Themepark As
Company
50%
50%
2022
Ito Holding As
Company
50%
50%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Ito Holding As
FLOW WORKS AS
(this company)
Board network connections
Board members of FLOW WORKS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Herman Christoffersen
Deputy Chairman
0 companies
Øistein Christoffersen
Chairman
0 companies