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CILLCO TECHNOLOGY AS
AS
Active
Org 928771555
Brattørgata 5, 7010 Trondheim
Computer programming activities · NACE 6210
Est. 2022
11 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 19,3M
+2% vs 2023
EBITDA margin
18.5%
+359% vs 2023
Equity ratio
-0.9%
Financial strength
Net profit 2024
NOK -1,6M
-6% vs 2023
EBITDA — year on year
NOK millions
0M
1M
3M
4M
5M
1M
2022
1M
0%
2023
4M
+300%
2024
Key figures
Annual report 2024
Revenue
NOK 19,3M
+2%
EBITDA
NOK 3,6M
+359%
Net profit
NOK -1,6M
-6%
Total assets
NOK 26,8M
+2%
Equity
NOK -237K
+81%
Employees
11
—
Company information
Legal name
CILLCO TECHNOLOGY AS
Org number
928771555
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
18. februar 2022
Share capital
NOK 2 828 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Utvikling og salg av programvare og datautstyr. Selskapet kan engasjere seg i annen virksomhet ved aksjekjøp.
Contact
Address
Brattørgata 5, 7010 Trondheim
Phone
+4790043184
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Revenue
NOK millions
0M
5M
11M
16M
22M
10M
2022
19M
2023
19M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
1M
2022
1M
2023
4M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
10 322
18 930
19 348
Staff expenses
−11 435
−19 538
−17 290
EBITDA
1 391
781
3 582
Depreciation & amort.
−705
−2 438
−4 506
EBIT
686
−1 657
−924
Net financials
38
180
−636
Profit before tax
723
−1 477
−1 560
Tax
158
−0
−0
Net profit
566
−1 477
−1 560
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
22 617
26 314
26 797
Equity
200
−1 277
−237
Long-term debt
0
5 248
9 157
Short-term debt
22 417
22 343
17 877
Total debt
22 417
27 591
27 034
Financial ratios
5-year trend
EBITDA margin
18.5%
This company
15.8%
Market median
+17% vs market
2022
2024
Equity ratio
-0.9%
This company
38.2%
Market median
-102% vs market
2022
2024
Return on equity
-155969400.0%
This company
18.4%
Market median
-847659883% vs market
2022
2024
Net profit margin
-8.1%
This company
8.1%
Market median
-200% vs market
2022
2024
Asset turnover
0.72×
This company
1.12×
Market median
-36% vs market
2022
2024
Debt / equity
114.24×
This company
0.62×
Market median
-18326% vs market
2022
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 2022-02-01 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
LM
Lars Morten Nygaard
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
YT
Yngve Tronstad
Chairman
2022
—
—
RU
Roy Ugedal
Board of Directors
2022
—
—
DS
Dagfinn Stave
Board of Directors
2022
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Cillco As
Company
100.0%
100.0%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Mindpoint As
Cillco As
CILLCO TECHNOLOGY AS
(this company)
Board network connections
Board members of CILLCO TECHNOLOGY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Morten Nygaard
Chief Executive Officer
0 companies
Yngve Tronstad
Chairman
0 companies
Roy Ugedal
Board of Directors
0 companies
Dagfinn Stave
Board of Directors
0 companies