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HANDS DOWN AS
AS
Active
Org 929875737
Dalsveien 60A, 0775 Oslo
Manufacture of outerwear · NACE 1421
Est. 2022
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 569K
+71% vs 2023
EBITDA margin
32.2%
+13138% vs 2023
Equity ratio
-9.9%
Financial strength
Net profit 2024
NOK 110K
+4623% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 569K
+71%
EBITDA
NOK 183K
+13138%
Net profit
NOK 110K
+4623%
Total assets
NOK 383K
+99%
Equity
NOK -38K
+74%
Employees
0
—
Company information
Legal name
HANDS DOWN AS
Org number
929875737
Legal form
Aksjeselskap
NACE code
1421 · Manufacture of outerwear
Founded
21. september 2022
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Mote og klær.
Contact
Address
Dalsveien 60A, 0775 Oslo
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Companies in Manufacture of outerwear
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
37
334
569
Staff expenses
−0
−1
−4
EBITDA
−216
−1
183
Depreciation & amort.
−0
−0
−40
EBIT
−216
−1
143
Net financials
−4
−2
−2
Profit before tax
−220
−3
141
Tax
−50
−1
31
Net profit
−170
−2
110
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
88
192
383
Equity
−146
−148
−38
Long-term debt
0
0
0
Short-term debt
234
340
421
Total debt
234
340
421
Financial ratios
5-year trend
EBITDA margin
32.2%
This company
15.8%
Market median
+104% vs market
2022
2024
Equity ratio
-9.9%
This company
38.2%
Market median
-126% vs market
2022
2024
Return on equity
11008400.0%
This company
18.4%
Market median
+59828161% vs market
2022
2024
Net profit margin
19.3%
This company
8.1%
Market median
+138% vs market
2022
2024
Asset turnover
1.49×
This company
1.12×
Market median
+33% vs market
2022
2024
Debt / equity
11.09×
This company
0.62×
Market median
-1689% 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 2022-01-01 – 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 (1)
AB
André Bjørn Røine Rugseth
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HANDS DOWN AS also hold positions in
0
other companies.
Person
Role here
Other companies
André Bjørn Røine Rugseth
Chairman
0 companies