Riskpilot← Back to searchSign inGet full accessPROPELLER RECORDINGS AS
ASActiveOrg 986366687Sagveien 21A, 0459 OsloOther support activities to arts and performing arts · NACE 9039Est. 20045 employeeswww.propellerrecordings.no
Revenue 2024
NOK 5,9M
-18% vs 2023
EBITDA margin
26.9%
+492% vs 2023
Equity ratio
59.9%
Financial strength
Net profit 2024
NOK 1,4M
+423% vs 2023
| Revenue | NOK 5,9M | -18% |
| EBITDA | NOK 1,6M | +492% |
| Net profit | NOK 1,4M | +423% |
| Total assets | NOK 5,6M | +63% |
| Equity | NOK 3,3M | +73% |
| Employees | 5 | — |
Legal name
PROPELLER RECORDINGS AS
Org number
986366687
Legal form
Aksjeselskap
NACE code
9039 · Other support activities to arts and performing arts
Founded
3. februar 2004
Share capital
NOK 800 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Være et bredt anlagt musikkselskap som tilbyr produksjon og utgivelse av lydopptak, publishing, rådgivning, management, pr, booking, investeringer i copyrights. Selskapet skal kunne tilby konsulenttjenester innenfor musikkbransjen og beslektede bransjer. Selskapet skal også være åpen for å delta i andre selskap med lignende virksomhet, kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretagende.
Address
Sagveien 21A, 0459 Oslo
Email
info@propellerrecordings.no
Website
www.propellerrecordings.no
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| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 171 | 1 273 | 1 549 | 2 730 | 2 587 | 3 177 | 4 752 | 5 652 | 7 419 | 6 760 | 6 285 | 6 664 | 6 494 | 6 235 | 7 996 | 7 165 | 5 875 |
| Staff expenses | −0 | −5 | −362 | −462 | −205 | −499 | −47 | −208 | −389 | −835 | −930 | −1 109 | −1 388 | −2 213 | −3 125 | −3 590 | −706 |
| EBITDA | 20 | −151 | −588 | −827 | 436 | 268 | 40 | 238 | −124 | −472 | 1 345 | 760 | 1 446 | 738 | −852 | −402 | 1 578 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −18 | −8 | −24 | −25 | −27 | −37 |
| EBIT | 20 | −151 | −588 | −827 | 436 | 268 | 40 | 238 | −124 | −472 | 1 345 | 743 | 1 438 | 714 | −877 | −429 | 1 541 |
| Net financials | 0 | 1 | 0 | −9 | −22 | −3 | 14 | −19 | 3 | −32 | −70 | −10 | −31 | −29 | −25 | −7 | −10 |
| Profit before tax | 21 | −150 | −588 | −836 | 414 | 265 | 55 | 219 | −121 | −504 | 1 275 | 732 | 1 407 | 685 | −902 | −436 | 1 531 |
| Tax | 9 | −34 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | 166 | 207 | 212 | 178 | −0 | −0 | 125 |
| Net profit | 12 | −116 | −588 | −836 | 414 | 265 | 55 | 219 | −121 | −504 | 1 109 | 525 | 1 196 | 506 | −902 | −436 | 1 407 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 434 | 629 | 678 | 714 | 760 | 995 | 869 | 1 177 | 1 705 | 2 146 | 3 395 | 4 032 | 4 257 | 5 177 | 4 741 | 3 427 | 5 573 |
| Equity | 268 | 152 | −435 | −1 272 | 22 | 287 | 341 | 560 | 439 | −65 | 1 044 | 1 569 | 2 765 | 3 271 | 2 369 | 1 933 | 3 340 |
| Long-term debt | 0 | 0 | 0 | 926 | 316 | 316 | 34 | 34 | 225 | 395 | 395 | 561 | 0 | 0 | 0 | 0 | 13 |
| Short-term debt | 166 | 476 | 1 114 | 1 059 | 422 | 392 | 493 | 582 | 1 042 | 1 816 | 1 956 | 1 901 | 1 492 | 1 906 | 2 372 | 1 494 | 2 220 |
| Total debt | 166 | 476 | 1 114 | 1 985 | 738 | 708 | 528 | 616 | 1 266 | 2 211 | 2 350 | 2 463 | 1 492 | 1 906 | 2 372 | 1 494 | 2 233 |
EBITDA margin
26.9%
This company
15.8%
Market median
+70% vs market
20082024
Equity ratio
59.9%
This company
38.2%
Market median
+57% vs market
20082024
Return on equity
42.1%
This company
18.4%
Market median
+129% vs market
20082024
Net profit margin
23.9%
This company
8.1%
Market median
+195% vs market
20082024
Asset turnover
1.05×
This company
1.12×
Market median
+6% vs market
20082024
Debt / equity
0.67×
This company
0.62×
Market median
+8% vs market
20082024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
FB Chief Executive Officer | Chief Executive Officer | 2007 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Udgaarden As | Company | 100.0% | 100.0% | 2024 |
Propeller Music Division As | Company | 27.0% | 27.0% | 2023 |
| Individual | 2.0% | 2.0% | 2022 | |
| Individual | 2.0% | 2.0% | 2023 | |
| Individual | 2.0% | 2.0% | 2023 | |
| Individual | 2.0% | 2.0% | 2023 | |
| Individual | 2.0% | 2.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Udgaarden As
PROPELLER RECORDINGS AS Board members of PROPELLER RECORDINGS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Frithjof Boye Hungnes | Chief Executive Officer | 0 companies |
| Jørn Roald Wille | Chairman | 0 companies |
| Bård Hermund Sve Flikke | Board of Directors | 0 companies |
| Kristine Bjørnstad | Board of Directors | 0 companies |
| Timothy Paul Dunham | Board of Directors | 0 companies |
| Helge Westbye | Chairman | 0 companies |
| Hans Marius Graasvold | Board of Directors | 0 companies |
| Lillian Santos Herberg | Board of Directors | 0 companies |
| Monica Santos Herberg | Board of Directors | 0 companies |
| Erlend Gjerde | Board of Directors | 0 companies |