Loading company…
Riskpilot
← Back to search
Sign in
Get full access
CITO BOAT AS
AS
Active
Org 932186985
Isebakkeveien 103, 1719 Greåker
Building of pleasure and sporting boats · NACE 3012
Est. 2023
2 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 106K
+108% vs 2023
EBITDA margin
-1350.6%
-1238% vs 2023
Equity ratio
-67.0%
Financial strength
Net profit 2024
NOK -1,4M
-1225% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
-1M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 106K
+108%
EBITDA
NOK -1,4M
-1238%
Net profit
NOK -1,4M
-1225%
Total assets
NOK 2,3M
+100%
Equity
NOK -1,5M
-1678%
Employees
2
—
Company information
Legal name
CITO BOAT AS
Org number
932186985
Legal form
Aksjeselskap
NACE code
3012 · Building of pleasure and sporting boats
Founded
5. oktober 2023
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Norsk produksjon av båt.
Contact
Address
Isebakkeveien 103, 1719 Greåker
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 Building of pleasure and sporting boats
Companies in Sarpsborg
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
-1M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
51
106
Staff expenses
−263
−1 027
EBITDA
−107
−1 433
Depreciation & amort.
−0
−0
EBIT
−107
−1 433
Net financials
−2
−10
Profit before tax
−109
−1 443
Tax
−0
−0
Net profit
−109
−1 443
Balance sheet
NOK thousands
Item
2023
2024
Total assets
1 142
2 281
Equity
−86
−1 529
Long-term debt
550
2 910
Short-term debt
678
900
Total debt
1 228
3 810
Financial ratios
5-year trend
EBITDA margin
-1350.6%
This company
15.8%
Market median
-8648% vs market
2023
2024
Equity ratio
-67.0%
This company
38.2%
Market median
-275% vs market
2023
2024
Return on equity
-144295900.0%
This company
18.4%
Market median
-784216948% vs market
2023
2024
Net profit margin
-1360.2%
This company
8.1%
Market median
-16893% vs market
2023
2024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
2023
2024
Debt / equity
2.49×
This company
0.62×
Market median
-302% 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 2023-01-01 – 2023-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KR
Knut Rino Berntsen
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Seda Prosjekter 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
Seda Prosjekter As
CITO BOAT AS
(this company)
Board network connections
Board members of CITO BOAT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Knut Rino Berntsen
Chairman
0 companies