Loading company…
Riskpilot
← Back to search
Sign in
Get full access
MADE FOR MOVEMENT GROUP AS
AS
Active
Org 987358424
Venstøpkroken 11, 3721 Skien
Engineering activities and related technical consultancy · NACE 7112
Est. 2004
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 810K
+35% vs 2021
EBITDA margin
3.5%
+112% vs 2021
Equity ratio
-68.7%
Financial strength
Net profit 2022
NOK 28K
+112% vs 2021
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
Key figures
Annual report 2022
Revenue
NOK 810K
+35%
EBITDA
NOK 28K
+112%
Net profit
NOK 28K
+112%
Total assets
NOK 167K
+7%
Equity
NOK -115K
+20%
Employees
1
—
Company information
Legal name
MADE FOR MOVEMENT GROUP AS
Org number
987358424
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
13. oktober 2004
Share capital
NOK 50 000 000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikle produkter og yte andre tjenester innenfor hjelpemiddelindustrien.
Contact
Address
Venstøpkroken 11, 3721 Skien
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Engineering activities and related technical consultancy
Companies in Skien
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2018
0M
2019
0M
2020
1M
2021
1M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
Revenue
725
360
421
600
810
Staff expenses
−706
−129
−355
−771
−709
EBITDA
−76
204
5
−233
28
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−76
204
5
−233
28
Net financials
0
−0
−0
−0
0
Profit before tax
−76
204
5
−233
28
Tax
−0
−0
−0
−0
−0
Net profit
−76
204
5
−233
28
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
Total assets
170
270
341
156
167
Equity
−119
85
90
−143
−115
Long-term debt
0
0
0
0
0
Short-term debt
289
185
251
299
282
Total debt
289
185
251
299
282
Financial ratios
5-year trend
EBITDA margin
3.5%
This company
15.8%
Market median
-78% vs market
2018
2022
Equity ratio
-68.7%
This company
38.2%
Market median
-280% vs market
2018
2022
Return on equity
2828400.0%
This company
18.4%
Market median
+15371639% vs market
2018
2022
Net profit margin
3.5%
This company
8.1%
Market median
-57% vs market
2018
2022
Asset turnover
4.84×
This company
1.12×
Market median
+332% vs market
2018
2022
Debt / equity
2.45×
This company
0.62×
Market median
-295% vs market
2018
2022
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
ÅO
Ånund Olsen
Contact Person
Contact Person
2004
Former (1)
EØ
Espen Ødegaarden
Deputy Member
Deputy Member
2004 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SG
Stian Glendrange
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Made For Movement Group As
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Credo Invest Nr 8 As
Mfm Holding As
Made For Movement Group As
MADE FOR MOVEMENT GROUP AS
(this company)
Board network connections
Board members of MADE FOR MOVEMENT GROUP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ånund Olsen
Contact Person
0 companies
Espen Ødegaarden
Deputy Member
0 companies
Stian Glendrange
Chairman
0 companies