Riskpilot← Back to searchSign inGet full accessPROPELLER MUSIC DIVISION AS
ASActiveOrg 994271849Sagveien 21D, 0459 OsloSound recording and music publishing activities · NACE 5920Est. 20090 employees
Revenue 2025
NOK 2,1M
-9% vs 2024
EBITDA margin
-6.6%
-167% vs 2024
Equity ratio
72.2%
Financial strength
Net profit 2025
NOK -106K
-105% vs 2024
| Revenue | NOK 2,1M | -9% |
| EBITDA | NOK -142K | -167% |
| Net profit | NOK -106K | -105% |
| Total assets | NOK 760K | -78% |
| Equity | NOK 549K | -83% |
| Employees | 0 | — |
Legal name
PROPELLER MUSIC DIVISION AS
Org number
994271849
Legal form
Aksjeselskap
NACE code
5920 · Sound recording and music publishing activities
Founded
13. juli 2009
Share capital
NOK 88 880
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Produksjon, innspilling, miksing og digital distribusjon av musikk. Overføring, restaurering, duplisering og lagring av lyd-innspillinger. Utleie av studio, innspillingsrom, øvingsrom, tomme næringslokaler og musikkrelatert utstyr. Kjøp og salg av musikkrelatert utstyr.
Address
Sagveien 21D, 0459 Oslo
Email
andreas@propellermusicdivision.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 2 330 | 2 224 | 2 441 | 2 345 | 2 140 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 287 | 17 | 302 | 211 | −141 |
| Depreciation & amort. | −55 | −64 | −70 | −76 | −75 |
| EBIT | 232 | −47 | 232 | 135 | −216 |
| Net financials | 208 | −11 | 59 | 2 216 | 111 |
| Profit before tax | 440 | −58 | 291 | 2 351 | −106 |
| Tax | 43 | −0 | 41 | 49 | −0 |
| Net profit | 397 | −58 | 250 | 2 302 | −106 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 1 634 | 1 337 | 1 245 | 3 503 | 760 |
| Equity | 1 161 | 1 103 | 953 | 3 254 | 549 |
| Long-term debt | 233 | 191 | 142 | 91 | 38 |
| Short-term debt | 240 | 42 | 150 | 158 | 173 |
| Total debt | 473 | 234 | 293 | 249 | 211 |
EBITDA margin
-6.6%
This company
15.8%
Market median
-142% vs market
20212025
Equity ratio
72.2%
This company
38.2%
Market median
+89% vs market
20212025
Return on equity
-19.3%
This company
18.4%
Market median
-205% vs market
20212025
Net profit margin
-4.9%
This company
8.1%
Market median
-160% vs market
20212025
Asset turnover
2.82×
This company
1.12×
Market median
+152% vs market
20212025
Debt / equity
0.38×
This company
0.62×
Market median
+39% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
MS Chief Executive Officer | Chief Executive Officer | 2009 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2011 | |
| Board of Directors | 2011 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 50% | 50% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
PROPELLER MUSIC DIVISION AS 
PROPELLER MASTERING ASBoard members of PROPELLER MUSIC DIVISION AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Michael Scott Hartung | Chief Executive Officer | 0 companies |
| Kåre Christoffer Vestrheim | Chairman | 0 companies |
| Hans Andreas Horntveth Jahnsen | Board of Directors | 0 companies |