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CREDO RESTAURANT AS
AS
Active
Org 979969511
Observatoriegata 1B, 0254 Oslo
Restaurant activities · NACE 5611
Est. 1998
16 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,2M
-84% vs 2023
EBITDA margin
-44.3%
-132% vs 2023
Equity ratio
-40.4%
Financial strength
Net profit 2024
NOK -1,8M
-29% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
-0M
-1M
1M
2020
2M
+100%
2021
0M
-100%
2022
-1M
-100%
2023
-1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 3,2M
-84%
EBITDA
NOK -1,4M
-132%
Net profit
NOK -1,8M
-29%
Total assets
NOK 3M
-69%
Equity
NOK -1,2M
-300%
Employees
16
—
Company information
Legal name
CREDO RESTAURANT AS
Org number
979969511
Legal form
Aksjeselskap
NACE code
5611 · Restaurant activities
Founded
26. juni 1998
Share capital
—
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Heidi bjerkan
Contact
Address
Observatoriegata 1B, 0254 Oslo
Phone
+4795437028
Email
credo@restaurantcredo.no
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Companies in Restaurant activities
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
7M
15M
22M
30M
21M
2020
22M
2021
26M
2022
20M
2023
3M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
0M
2022
-1M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
21 469
21 817
25 798
20 435
3 172
Staff expenses
−11 023
−10 531
−13 456
−10 770
−2 436
EBITDA
1 379
1 565
−316
−605
−1 404
Depreciation & amort.
−411
−452
−555
−591
−307
EBIT
968
1 113
−871
−1 196
−1 711
Net financials
−202
−197
−150
−207
−97
Profit before tax
766
916
−1 021
−1 403
−1 809
Tax
209
359
−0
−0
−0
Net profit
557
557
−1 021
−1 403
−1 809
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
15 821
15 964
13 978
9 588
2 981
Equity
1 714
2 271
2 006
603
−1 205
Long-term debt
8 675
8 869
7 818
3 887
1 570
Short-term debt
5 432
4 824
4 153
5 098
3 402
Total debt
14 107
13 693
11 971
8 985
4 187
Financial ratios
5-year trend
EBITDA margin
-44.3%
This company
15.8%
Market median
-380% vs market
2020
2024
Equity ratio
-40.4%
This company
38.2%
Market median
-206% vs market
2020
2024
Return on equity
-180853200.0%
This company
18.4%
Market median
-982897926% vs market
2020
2024
Net profit margin
-57.0%
This company
8.1%
Market median
-804% vs market
2020
2024
Asset turnover
1.06×
This company
1.12×
Market median
+5% vs market
2020
2024
Debt / equity
3.47×
This company
0.62×
Market median
-460% 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)
HB
Heidi Bjerkan
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Sirkus Credo As
Company
100%
100%
2022
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Company hierarchy
Sirkus Credo As
CREDO RESTAURANT AS
(this company)
Board network connections
Board members of CREDO RESTAURANT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Heidi Bjerkan
Chief Executive Officer
0 companies