Riskpilot← Back to searchSign inGet full accessMORROW BANK ASA
ASAActiveOrg 998997801Lysaker Torg 35, 1366 LysakerOther monetary intermediation · NACE 6419Est. 201272 employeeswww.morrowbank.no
Revenue 2024
NOK 69M
+10% vs 2023
EBITDA margin
-321.7%
0% vs 2023
Equity ratio
13.3%
Financial strength
Net profit 2024
NOK 1,5B
+29% vs 2023
| Revenue | NOK 69M | +10% |
| EBITDA | NOK -222M | +0% |
| Net profit | NOK 1,5B | +29% |
| Total assets | NOK 18,6B | +36% |
| Equity | NOK 2,5B | +8% |
| Employees | 72 | — |
Legal name
MORROW BANK ASA
Org number
998997801
Legal form
Allmennaksjeselskap
NACE code
6419 · Other monetary intermediation
Founded
12. oktober 2012
Share capital
NOK 231 378 181
Employees
72 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Banken kan innenfor rammen av den lovgivning som til enhver tid gjelder, utføre alle forretninger og tjenester som det er vanlig eller naturlig at banker utfører.
Address
Lysaker Torg 35, 1366 Lysaker
Website
www.morrowbank.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 111 000 | 52 000 | 53 000 | 63 000 | 69 000 |
| Staff expenses | −144 000 | −162 000 | −133 000 | −102 000 | −118 000 |
| EBITDA | −205 000 | −287 000 | −282 000 | −222 000 | −222 000 |
| Depreciation & amort. | −72 000 | −77 000 | −79 000 | −0 | −44 000 |
| EBIT | −277 000 | −364 000 | −361 000 | −222 000 | −266 000 |
| Net financials | 4 000 | 0 | 895 000 | 1 380 000 | 1 763 000 |
| Profit before tax | −273 000 | −364 000 | 534 000 | 1 158 000 | 1 497 000 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | −273 000 | −364 000 | 534 000 | 1 158 000 | 1 497 000 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 11 586 000 | 10 106 000 | 11 529 000 | 13 666 000 | 18 617 000 |
| Equity | 2 303 000 | 1 965 000 | 1 954 000 | 2 280 000 | 2 470 000 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 0 | 0 | 0 | 0 | 0 |
| Total debt | 9 283 000 | 8 141 000 | 9 575 000 | 11 386 000 | 16 147 000 |
EBITDA margin
-321.7%
This company
15.8%
Market median
-2136% vs market
20202024
Equity ratio
13.3%
This company
38.2%
Market median
-65% vs market
20202024
Return on equity
60.6%
This company
18.4%
Market median
+229% vs market
20202024
Net profit margin
2169.6%
This company
8.1%
Market median
+26685% vs market
20202024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
20202024
Debt / equity
6.54×
This company
0.62×
Market median
-955% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
ØO Chief Executive Officer | Chief Executive Officer | 2021 |
IA Deputy Member | Deputy Member | 2024 |
PO Deputy Member | Deputy Member | 2024 |
| Former (9) | ||
EH Chief Executive Officer | Chief Executive Officer | 2021 – 2021 |
JM Deputy Member | Deputy Member | 2022 – 2022 |
UG Deputy Member | Deputy Member | 2023 – 2024 |
MS Deputy Member | Deputy Member | 2022 – 2023 |
AP Deputy Member | Deputy Member | 2023 – 2024 |
JO Chief Executive Officer | Chief Executive Officer | 2019 – 2021 |
AS Deputy Member | Deputy Member | 2023 – 2023 |
TK Deputy Member | Deputy Member | 2021 – 2022 |
NP Deputy Member | Deputy Member | 2021 – 2021 |
| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
| Board of Directors | 2024 | |
| Deputy Chairman | 2023 | |
| Board of Directors | 2024 | |
| Chairman | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2024 | |
| Board of Directors | 2025 | |
| Former (11) | ||
| Board of Directors | 2023 – 2023 | |
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2023 – 2025 | |
| Chairman | 2023 – 2025 | |
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2021 – 2021 | |
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2022 – 2023 | |
| Board of Directors | 2021 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 20.78% | 20.78% | 2024 | |
| Individual | 9.33% | 9.33% | 2022 | |
Ubs Ag | Company | 8.62% | 8.62% | 2024 |
The Bank Of New York Mellon Sa/Nv | Company | 8.38% | 8.38% | 2024 |
| Individual | 4.86% | 4.86% | 2022 | |
| Individual | 4.78% | 4.78% | 2022 | |
| Company | 4.5% | 4.5% | 2024 | |
Skandinaviska Enskilda Banken Ab | Company | 3.57% | 3.57% | 2024 |
| Individual | 3.41% | 3.41% | 2022 | |
Dnb Bank Asa | Company | 3.28% | 3.28% | 2024 |
| Individual | 2.7% | 2.7% | 2022 | |
| Individual | 2.64% | 2.64% | 2022 | |
| Company | 2.53% | 2.53% | 2024 | |
| Individual | 2.4% | 2.4% | 2022 | |
| Company | 1.89% | 1.89% | 2024 | |
| Company | 1.83% | 1.83% | 2024 | |
| Company | 1.74% | 1.74% | 2024 | |
| Company | 1.74% | 1.74% | 2024 | |
| Company | 1.62% | 1.62% | 2024 | |
| Company | 1.57% | 1.57% | 2024 | |
| Company | 1.35% | 1.35% | 2024 | |
| Company | 1.28% | 1.28% | 2024 | |
Caceis Investor Services Bank S.A. | Company | 1.21% | 1.21% | 2023 |
| Company | 1.15% | 1.15% | 2024 | |
| Company | 1.1% | 1.1% | 2024 | |
| Individual | 1.08% | 1.08% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of MORROW BANK ASA also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Øyvind Oanes | Chief Executive Officer | 0 companies |
| Ine Aschim Grindstad | Deputy Member | 0 companies |
| Eirik Holtedahl | Chief Executive Officer | 0 companies |
| Joseph Mohamed Suleiman | Deputy Member | 0 companies |
| Ulrik Graff Bakkevold | Deputy Member | 0 companies |
| Marie Stina Åslund | Deputy Member | 0 companies |
| Angelica Platzer Rehnlund | Deputy Member | 0 companies |
| Per Olav Kristoffersen Mikaelsen | Deputy Member | 0 companies |
| Jan Olov Haglund | Chief Executive Officer | 0 companies |
| Angelica Sara Anna Rehnlund | Deputy Member | 0 companies |
| Thea Kristine Elind | Deputy Member | 0 companies |
| Nojanaj Pongsupaht | Deputy Member | 0 companies |
| Henning Fagerbakke | Board of Directors | 0 companies |
| Bodil Palma Hollingsæter | Deputy Chairman | 0 companies |
| Nishant Bhavik Vicky Fafalia | Board of Directors | 0 companies |
| Kristian Fredrik Kværner Huseby | Board of Directors | 0 companies |
| Jonna Karolina Kyllönen | Board of Directors | 0 companies |
| Lars Niklas Midby | Chairman | 0 companies |
| Anna Karin Veronica Gunberg Østlie | Board of Directors | 0 companies |
| Stig Eide Sivertsen | Chairman | 0 companies |
| Nicolai Lunde | Board of Directors | 0 companies |
| Harald Rygh Hjorthen | Board of Directors | 0 companies |
| Kristian Tovsen | Board of Directors | 0 companies |
| Thomas Bjørnstad | Board of Directors | 0 companies |
| Carl-Åke Nilson | Board of Directors | 0 companies |
| Nils Erik Markus Hellqvist | Board of Directors | 0 companies |
| Iril Anne Renshus | Board of Directors | 0 companies |
| Frank James Wilson | Board of Directors | 0 companies |
| Live Bertha Haukvik | Board of Directors | 0 companies |
| Birgit Anna-Karin Eliasson Celsing | Board of Directors | 0 companies |