Business Development AS is a Norwegian AS based in Oslo, operating in the Business and other management consultancy activities sector. Incorporated in 2019, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.
| Revenue | 0K NOK | — |
| EBITDA | -854.1K NOK | -386% |
| Net profit | -854.9K NOK | -515% |
| Total assets | 243.5K NOK | -78% |
| Equity | — | — |
| Employees | 0 | — |
In its most recent annual report (2025), Business Development AS reported revenue of NOK 0. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 854.9k.
At the end of 2025, current assets covered short-term debt 2.4 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1,435 | 2,932 | 1,939 |
| Staff expenses | -767 | -0 | 78 | -14 | -711 |
| EBITDA | -854 | -176 | 1,366 | 2,795 | 1,170 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -854 | -176 | 1,366 | 2,795 | 1,170 |
| Net financials | -1 | 37 | -3,209 | -290 | -107 |
| Profit before tax | -855 | -139 | -1,842 | 2,505 | 1,063 |
| Tax | -0 | -0 | 299 | 552 | 212 |
| Net profit | -855 | -139 | -2,142 | 1,953 | 851 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 243 | 1,116 | 1,644 | 5,555 | 4,597 |
| Equity | — | 454 | 593 | 2,735 | 782 |
| Long-term debt | 551 | 651 | 731 | 2,175 | 3,507 |
| Short-term debt | 93 | 11 | 320 | 645 | 307 |
| Total debt | 644 | 662 | 1,051 | 2,820 | 3,815 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Revenue relative to total assets — the ability to generate revenue from the asset base.
The size of this year's increase or decrease in the company's debt.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
SM Contact Person | Contact Person | 2019 – 2026 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
ST Board of Directors | Board of Directors | 2019 |
SM Chairman | Chairman | 2019 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Stig Torvund | Board of Directors | 4 companies |
| Sanja Miljevic | Contact Person | 2 companies |