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QVALE STUDIOS AS
AS
Active
Org 977028868
Østre Aker Vei 203, 0975 Oslo
Photographic activities · NACE 7420
Est. 1996
1 employees
www.mortenqvale.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,3M
-21% vs 2023
EBITDA margin
26.2%
-25% vs 2023
Equity ratio
33.3%
Financial strength
Net profit 2024
NOK 88K
+133% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2,3M
-21%
EBITDA
NOK 602K
-25%
Net profit
NOK 88K
+133%
Total assets
NOK 2,7M
-21%
Equity
NOK 914K
+11%
Employees
1
—
Company information
Legal name
QVALE STUDIOS AS
Org number
977028868
Legal form
Aksjeselskap
NACE code
7420 · Photographic activities
Founded
3. juni 1996
Share capital
NOK 775 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Morten qvale
Contact
Address
Østre Aker Vei 203, 0975 Oslo
Website
www.mortenqvale.no
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Companies in Photographic activities
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Revenue
NOK millions
0M
1M
2M
3M
5M
2M
2020
3M
2021
4M
2022
3M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 134
3 317
3 634
2 899
2 297
Staff expenses
−391
−259
−327
−503
−404
EBITDA
−285
1 483
948
802
602
Depreciation & amort.
−80
−65
−237
−420
−420
EBIT
−365
1 418
711
382
183
Net financials
−6
−29
−33
−520
−56
Profit before tax
−371
1 389
678
−138
127
Tax
−57
264
156
129
39
Net profit
−314
1 125
522
−267
88
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 831
2 985
3 740
3 466
2 741
Equity
746
1 871
1 093
826
914
Long-term debt
464
366
1 000
933
773
Short-term debt
621
747
1 647
1 706
1 054
Total debt
1 085
1 114
2 647
2 640
1 827
Financial ratios
5-year trend
EBITDA margin
26.2%
This company
15.8%
Market median
+66% vs market
2020
2024
Equity ratio
33.3%
This company
38.2%
Market median
+13% vs market
2020
2024
Return on equity
9.6%
This company
18.4%
Market median
-48% vs market
2020
2024
Net profit margin
3.8%
This company
8.1%
Market median
-53% vs market
2020
2024
Asset turnover
0.84×
This company
1.12×
Market median
+25% vs market
2020
2024
Debt / equity
2.00×
This company
0.62×
Market median
-223% vs market
2020
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
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
MS
Morten Sandberg
Deputy Member
Deputy Member
2004
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MQ
Morten Qvale
Chairman
2004
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of QVALE STUDIOS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Sandberg
Deputy Member
0 companies
Morten Qvale
Chairman
0 companies