Riskpilot← Back to searchSign inGet full accessMULTICASE NORGE AS
ASActiveOrg 976734785Østre Kullerød 5, 3241 SandefjordOther software publishing · NACE 5829Est. 199642 employeeswww.multicase.no
Revenue 2025
NOK 63,5M
-6% vs 2024
EBITDA margin
9.4%
-26% vs 2024
Equity ratio
53.0%
Financial strength
Net profit 2025
NOK 4,9M
-24% vs 2024
| Revenue | NOK 63,5M | -6% |
| EBITDA | NOK 6M | -26% |
| Net profit | NOK 4,9M | -24% |
| Total assets | NOK 33,6M | -6% |
| Equity | NOK 17,8M | +0% |
| Employees | 42 | — |
Legal name
MULTICASE NORGE AS
Org number
976734785
Legal form
Aksjeselskap
NACE code
5829 · Other software publishing
Founded
1. september 1996
Share capital
NOK 1 000 000
Employees
42 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Address
Østre Kullerød 5, 3241 Sandefjord
Website
www.multicase.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 19 628 | 21 718 | 24 535 | 27 507 | 27 841 | 30 804 | 31 367 | 31 402 | 33 323 | 39 002 | 44 128 | 50 146 | 53 308 | 59 061 | 63 832 | 65 340 | 67 341 | 63 480 |
| Staff expenses | −0 | −11 548 | −12 371 | −14 173 | −16 507 | −18 563 | −20 462 | −21 154 | −21 274 | −22 805 | −25 709 | −27 763 | −32 117 | −34 040 | −38 256 | −44 272 | −47 912 | −49 107 | −46 682 |
| EBITDA | 0 | 5 361 | 6 511 | 6 954 | 7 440 | 5 721 | 6 069 | 6 454 | 6 363 | 6 757 | 8 879 | 11 371 | 12 710 | 14 488 | 13 853 | 11 115 | 9 219 | 8 050 | 5 994 |
| Depreciation & amort. | −0 | −62 | −37 | −210 | −344 | −334 | −157 | −36 | −101 | −114 | −136 | −136 | −167 | −184 | −289 | −415 | −458 | −416 | −446 |
| EBIT | 0 | 5 299 | 6 474 | 6 744 | 7 096 | 5 387 | 5 912 | 6 418 | 6 262 | 6 644 | 8 743 | 11 235 | 12 543 | 14 304 | 13 564 | 10 700 | 8 762 | 7 633 | 5 548 |
| Net financials | 0 | 557 | 267 | 437 | 502 | 486 | 440 | 399 | 216 | 199 | 208 | 214 | 319 | 225 | 132 | 561 | 731 | 749 | 793 |
| Profit before tax | 0 | 5 856 | 6 741 | 7 181 | 7 598 | 5 873 | 6 353 | 6 818 | 6 478 | 6 843 | 8 951 | 11 448 | 12 862 | 14 530 | 13 696 | 11 260 | 9 493 | 8 382 | 6 341 |
| Tax | −0 | 1 429 | 1 614 | 1 743 | 1 818 | 1 352 | 1 662 | 1 565 | 1 341 | 1 332 | 1 786 | 2 364 | 2 847 | 3 210 | 3 039 | 2 484 | 2 089 | 1 846 | 1 398 |
| Net profit | 0 | 4 427 | 5 126 | 5 439 | 5 780 | 4 521 | 4 691 | 5 253 | 5 137 | 5 510 | 7 165 | 9 085 | 10 015 | 11 319 | 10 657 | 8 776 | 7 404 | 6 536 | 4 942 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 11 160 | 13 999 | 16 867 | 17 982 | 16 191 | 19 099 | 17 949 | 17 800 | 18 245 | 24 521 | 28 886 | 35 493 | 38 057 | 42 175 | 45 142 | 38 033 | 35 616 | 33 569 |
| Equity | — | 4 940 | 7 066 | 7 505 | 7 285 | 7 806 | 7 496 | 7 749 | 7 886 | 10 396 | 12 561 | 15 646 | 15 661 | 19 480 | 25 137 | 18 913 | 16 317 | 17 853 | 17 795 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 0 | 6 214 | 6 924 | 9 348 | 10 697 | 8 385 | 11 603 | 10 200 | 9 915 | 7 849 | 11 959 | 13 240 | 19 832 | 18 577 | 17 038 | 26 229 | 21 716 | 17 764 | 15 774 |
| Total debt | 0 | 6 221 | 6 933 | 9 362 | 10 697 | 8 385 | 11 603 | 10 200 | 9 915 | 7 849 | 11 959 | 13 240 | 19 832 | 18 577 | 17 038 | 26 229 | 21 716 | 17 764 | 15 774 |
EBITDA margin
9.4%
This company
15.8%
Market median
-41% vs market
20072025
Equity ratio
53.0%
This company
38.2%
Market median
+39% vs market
20072025
Return on equity
27.8%
This company
18.4%
Market median
+51% vs market
20072025
Net profit margin
7.8%
This company
8.1%
Market median
-4% vs market
20072025
Asset turnover
1.89×
This company
1.12×
Market median
+69% vs market
20072025
Debt / equity
0.89×
This company
0.62×
Market median
+44% vs market
20072025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
NE Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
MF Chief Executive Officer | Chief Executive Officer | 1998 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2022 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Sika Invest As | Company | 40.0% | 40.0% | 2024 |
Hood Invest As | Company | 30.0% | 30.0% | 2024 |
Fjellstrand As | Company | 17.5% | 17.5% | 2024 |
Morozov As | Company | 12.5% | 12.5% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Sika Invest As
MULTICASE NORGE AS Board members of MULTICASE NORGE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Nils Endre Grønset | Chief Executive Officer | 0 companies |
| Morten Fadum | Chief Executive Officer | 0 companies |
| Sigurd Bjønness | Chairman | 0 companies |
| Roy Widar Furulund | Board of Directors | 0 companies |
| Harald Bjønness | Board of Directors | 0 companies |
| Gunnar Bjønness | Board of Directors | 0 companies |
| Tom Tychesen | Board of Directors | 0 companies |