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EXCITO APPLICATIONS AS
AS
Active
Org 932488361
Korniveien 1, 3157 Barkåker
Computer programming activities · NACE 6210
Est. 2023
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 360K
+1675% vs 2024
EBITDA margin
94.9%
+2430% vs 2024
Equity ratio
11.8%
Financial strength
Net profit 2025
NOK 267K
+2166% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 360K
+1675%
EBITDA
NOK 342K
+2430%
Net profit
NOK 267K
+2166%
Total assets
NOK 395K
+941%
Equity
NOK 47K
+56%
Employees
0
—
Company information
Legal name
EXCITO APPLICATIONS AS
Org number
932488361
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
20. november 2023
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Levere it tjenester og drive programvareutvikling.
Contact
Address
Korniveien 1, 3157 Barkåker
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Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
0M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
0
20
360
Staff expenses
−0
−0
−0
EBITDA
−6
14
342
Depreciation & amort.
−0
−0
−0
EBIT
−6
14
342
Net financials
0
0
0
Profit before tax
−6
14
342
Tax
−0
2
75
Net profit
−6
12
267
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
30
38
395
Equity
24
30
47
Long-term debt
0
0
0
Short-term debt
6
8
348
Total debt
6
8
348
Financial ratios
5-year trend
EBITDA margin
94.9%
This company
15.8%
Market median
+501% vs market
2023
2025
Equity ratio
11.8%
This company
38.2%
Market median
-69% vs market
2023
2025
Return on equity
570.7%
This company
18.4%
Market median
+3002% vs market
2023
2025
Net profit margin
74.0%
This company
8.1%
Market median
+814% vs market
2023
2025
Asset turnover
0.91×
This company
1.12×
Market median
+19% vs market
2023
2025
Debt / equity
7.45×
This company
0.62×
Market median
-1102% vs market
2023
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-10-25 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KV
Kristian Vedvik
Chief Executive Officer
Chief Executive Officer
2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HS
Håkon Samnøy
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Excito Holding 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
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Company hierarchy
Mybit Holding As
Excito Holding As
EXCITO APPLICATIONS AS
(this company)
Board network connections
Board members of EXCITO APPLICATIONS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kristian Vedvik
Chief Executive Officer
0 companies
Håkon Samnøy
Chairman
0 companies