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Cardo Partners AS
AS
Active
Org 982674069
Tjuvholmen Allé 19, 3 Etasje, 0252
Oslo
Business and other management consultancy activities
·
NACE 7020
Est. 2000 · 25 years old
10 employees
www.cardopartners.com
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Norway
/
Companies
/
Business and other management consultancy activities
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Cardo Partners AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
193M
145M
97M
48M
0M
2021: 101M
101M
2021
2022: 92M (-9% vs 2021)
92M
-9%
2022
2023: 107M (+16% vs 2022)
107M
+16%
2023
2024: 131M (+22% vs 2023)
131M
+22%
2024
2025: 155M (+18% vs 2024)
155M
+18%
2025
EBITDA
NOK millions
71M
53M
35M
18M
0M
2021: 57M
57M
2021
2022: 41M (-28% vs 2021)
41M
-28%
2022
2023: 4M (-90% vs 2022)
4M
-90%
2023
2024: 13M (+225% vs 2023)
13M
+225%
2024
2025: 14M (+8% vs 2024)
14M
+8%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
155 027
130 549
107 441
92 228
100 623
Staff expenses
−120 634
−92 131
−87 310
−35 114
−32 502
EBITDA
13 727
13 469
3 610
40 501
57 115
Depreciation & amort.
−367
−367
−367
−92
−73
EBIT
13 360
13 102
3 243
40 409
57 042
Net financials
197
85
−2 647
572
−116
Profit before tax
13 557
13 187
596
40 981
56 925
Tax
179
148
187
9 510
12 743
Net profit
13 378
13 038
409
31 472
44 182
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
35 727
35 213
25 470
36 611
52 723
Equity
14 228
14 016
1 703
1 695
1 623
Long-term debt
0
0
0
0
0
Short-term debt
21 498
21 197
23 767
34 916
51 100
Total debt
21 498
21 197
23 767
34 916
51 100
Financial ratios
5-year trend
EBITDA margin
8,9 %
This company
15,8 %
Market median
This company
Market median
44% below market
2021
2025
Equity ratio
39,8 %
This company
38,2 %
Market median
This company
Market median
4% above market
2021
2025
Return on equity
94,0 %
This company
18,4 %
Market median
This company
Market median
411% above market
2021
2025
Net profit margin
8,6 %
This company
8,1 %
Market median
This company
Market median
6% above market
2021
2025
Asset turnover
4,34×
This company
1,12×
Market median
This company
Market median
287% above market
2021
2025
Debt / equity
1,51×
This company
0,62×
Market median
This company
Market median
144% above market
2021
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 2023-01-01 – 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
More on Cardo Partners AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network