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BAY USA AS
AS
Active
Org 929136144
Kirkegata 3, 4006 Stavanger
Computer programming activities · NACE 6210
Est. 2022
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,4M
+1% vs 2023
EBITDA margin
18.0%
+173% vs 2023
Equity ratio
35.5%
Financial strength
Net profit 2024
NOK 2,1M
-25% vs 2023
EBITDA — year on year
NOK millions
105M
79M
53M
26M
0M
84M
2022
0M
-100%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,4M
+1%
EBITDA
NOK 1,2M
+173%
Net profit
NOK 2,1M
-25%
Total assets
NOK 22,4M
-7%
Equity
NOK 7,9M
-11%
Employees
0
—
Company information
Legal name
BAY USA AS
Org number
929136144
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
3. mai 2022
Share capital
NOK 93 577
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og ett styremedlem i fellesskap.
Company purpose
Handel samt eie og erverve eiendeler i andre selskaper.
Contact
Address
Kirkegata 3, 4006 Stavanger
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Revenue
NOK millions
0M
25M
51M
76M
101M
88M
2022
6M
2023
6M
2024
EBITDA
NOK millions
0M
24M
48M
72M
97M
84M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
88 497
6 341
6 410
Staff expenses
−0
−0
−0
EBITDA
84 283
424
1 154
Depreciation & amort.
−0
−0
−0
EBIT
84 283
424
1 154
Net financials
2 561
3 117
1 526
Profit before tax
86 844
3 540
2 680
Tax
19 106
794
608
Net profit
67 739
2 747
2 073
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
87 767
23 911
22 355
Equity
6 210
8 957
7 936
Long-term debt
13 344
10 675
8 540
Short-term debt
68 213
4 279
5 879
Total debt
81 557
14 954
14 419
Financial ratios
5-year trend
EBITDA margin
18.0%
This company
15.8%
Market median
+14% vs market
2022
2024
Equity ratio
35.5%
This company
38.2%
Market median
+7% vs market
2022
2024
Return on equity
26.1%
This company
18.4%
Market median
+42% vs market
2022
2024
Net profit margin
32.3%
This company
8.1%
Market median
+299% vs market
2022
2024
Asset turnover
0.29×
This company
1.12×
Market median
-74% vs market
2022
2024
Debt / equity
1.82×
This company
0.62×
Market median
-194% 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 2022-02-11 – 2022-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
MS
Marius Sandvik
Board of Directors
2022
AS
Are Schrøder-Nielsen
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Bay Capital As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Norsk Handel Holding As
Bay Capital As
BAY USA AS
(this company)
Board network connections
Board members of BAY USA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Marius Sandvik
Board of Directors
0 companies
Are Schrøder-Nielsen
Chairman
0 companies