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UNFOLD AS
AS
Active
Org 995222183
Nedre Vollgate 11, 0158 Oslo
Business and other management consultancy activities · NACE 7020
Est. 2010
18 employees
www.unfold.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 76,2M
+2% vs 2023
EBITDA margin
14.3%
-15% vs 2023
Equity ratio
19.8%
Financial strength
Net profit 2024
NOK 8M
-17% vs 2023
EBITDA — year on year
NOK millions
21M
16M
11M
5M
0M
12M
2020
17M
+42%
2021
14M
-18%
2022
13M
-7%
2023
11M
-15%
2024
Key figures
Annual report 2024
Revenue
NOK 76,2M
+2%
EBITDA
NOK 10,9M
-15%
Net profit
NOK 8M
-17%
Total assets
NOK 27,1M
-3%
Equity
NOK 5,4M
+123%
Employees
18
—
Company information
Legal name
UNFOLD AS
Org number
995222183
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
25. februar 2010
Share capital
NOK 56 213
Employees
18 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder hver for seg.
Company purpose
Levere hele spekteret av digitale tjenester med hovedfokus på interaktiv reklame og design.
Contact
Address
Nedre Vollgate 11, 0158 Oslo
Phone
+4723897486
Email
hello@unfold.no
Website
www.unfold.no
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Revenue
NOK millions
0M
22M
44M
66M
89M
45M
2020
63M
2021
77M
2022
75M
2023
76M
2024
EBITDA
NOK millions
0M
5M
10M
15M
20M
12M
2020
17M
2021
14M
2022
13M
2023
11M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
45 258
63 004
76 794
74 932
76 188
Staff expenses
−17 014
−18 712
−24 101
−26 347
−27 375
EBITDA
11 885
16 632
14 278
12 843
10 865
Depreciation & amort.
−411
−459
−452
−326
−477
EBIT
11 474
16 173
13 825
12 517
10 388
Net financials
9
0
−3
−68
−74
Profit before tax
11 483
16 174
13 822
12 449
10 314
Tax
2 574
3 566
3 047
2 755
2 270
Net profit
8 909
12 607
10 775
9 694
8 044
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
20 878
27 062
31 439
27 955
27 119
Equity
11 746
2 628
3 431
2 411
5 374
Long-term debt
0
0
0
0
48
Short-term debt
9 132
24 434
28 008
25 545
21 698
Total debt
9 132
24 434
28 008
25 545
21 745
Financial ratios
5-year trend
EBITDA margin
14.3%
This company
15.8%
Market median
-9% vs market
2020
2024
Equity ratio
19.8%
This company
38.2%
Market median
-48% vs market
2020
2024
Return on equity
149.7%
This company
18.4%
Market median
+714% vs market
2020
2024
Net profit margin
10.6%
This company
8.1%
Market median
+31% vs market
2020
2024
Asset turnover
2.81×
This company
1.12×
Market median
+151% vs market
2020
2024
Debt / equity
4.05×
This company
0.62×
Market median
-553% 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)
GJ
Gregory Joseph Lusk
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
LE
Lars Eivind Kreken
Board of Directors
2021
TH
Thomas Høgebøl
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
The North Alliance Norge As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Noa Bidco As
The North Alliance As
The North Alliance Norge As
UNFOLD AS
(this company)
Board network connections
Board members of UNFOLD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gregory Joseph Lusk
Chief Executive Officer
0 companies
Lars Eivind Kreken
Board of Directors
0 companies
Thomas Høgebøl
Chairman
0 companies