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MAD SOFTWARE AS
AS
Active
Org 930585548
Brynsveien 13, 0667 Oslo
Computer programming activities · NACE 6210
Est. 2023
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 189K
+80% vs 2023
EBITDA margin
-31.9%
-665% vs 2023
Equity ratio
96.3%
Financial strength
Net profit 2024
NOK 13K
+51% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 189K
+80%
EBITDA
NOK -60K
-665%
Net profit
NOK 13K
+51%
Total assets
NOK 7,4M
+6385%
Equity
NOK 7,1M
+21579%
Employees
0
—
Company information
Legal name
MAD SOFTWARE AS
Org number
930585548
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
4. januar 2023
Share capital
NOK 37 856
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikling og salg av software, ai og algoritmebasert teknologi, samt drift og servicevirksomhet tilknyttet dette.
Contact
Address
Brynsveien 13, 0667 Oslo
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 Computer programming activities
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Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
105
189
Staff expenses
−0
−0
EBITDA
11
−60
Depreciation & amort.
−0
−0
EBIT
11
−60
Net financials
−2
73
Profit before tax
9
13
Tax
1
−0
Net profit
8
13
Balance sheet
NOK thousands
Item
2023
2024
Total assets
114
7 375
Equity
33
7 101
Long-term debt
0
0
Short-term debt
81
274
Total debt
81
274
Financial ratios
5-year trend
EBITDA margin
-31.9%
This company
15.8%
Market median
-302% vs market
2023
2024
Equity ratio
96.3%
This company
38.2%
Market median
+152% vs market
2023
2024
Return on equity
0.2%
This company
18.4%
Market median
-99% vs market
2023
2024
Net profit margin
6.7%
This company
8.1%
Market median
-17% vs market
2023
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2023
2024
Debt / equity
0.04×
This company
0.62×
Market median
+94% vs market
2023
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 2022-12-13 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
ES
Elin Søgnen
Deputy Member
Deputy Member
2023
—
—
EL
Eivind Linge Schwaiger
Chief Executive Officer
Chief Executive Officer
2023
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SA
Sven Arild Bjørnstad
Chairman
2023
—
—
EL
Eivind Linge
Chairman
2023
—
—
ES
Eivind Schwaiger Linge
Chairman
2023
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hairstation As
Company
100.0%
100.0%
2022
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
Sna As
Hairstation As
MAD SOFTWARE AS
(this company)
Board network connections
Board members of MAD SOFTWARE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Elin Søgnen
Deputy Member
0 companies
Eivind Linge Schwaiger
Chief Executive Officer
0 companies
Sven Arild Bjørnstad
Chairman
0 companies
Eivind Linge
Chairman
0 companies
Eivind Schwaiger Linge
Chairman
0 companies