Ascender AS
ASActiveOrg 914087406Hieronymus Heyerdahls Gate 1, 0160 OsloBusiness and other management consultancy activities· NACE 7020Est. 2014 · 12 years old45 employeeshttps://www.ascender.no
Loading company…
Overview
Ascender AS is a Norwegian AS based in Oslo, operating in the Business and other management consultancy activities sector. Incorporated in 2014, the company has 45 employees and reported revenue of NOK 177.6m in its latest annual filing.
Revenue 2025
177.6M NOK
+1% vs 2024
EBITDA margin
16.0 %
−1% vs 2024
Net profit 2025
23M NOK
+1% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
5.6 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
39.6 %
Very strongAmong the 20% highest rated companies in the industry
20212025
EBITDA — year on year
NOK millionsKey figures
Annual report 2025| Revenue | 177.6M NOK | +1% |
| EBITDA | 28.4M NOK | -1% |
| Net profit | 23M NOK | +1% |
| Total assets | 58.1M NOK | +7% |
| Equity | 3.2M NOK | +3130% |
| Employees | 45 | — |
Company information
Legal name
ASCENDER AS
Org number
914087406
Legal form
Aksjeselskap
NACE code
Founded
25 August 2014 · 12 years
Share capital
NOK 100,000
Employees
45 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Lederrekruttering og lederutvikling.
(no translation available)
Contact
Address
Hieronymus Heyerdahls Gate 1, 0160 Oslo
Phone
+47 21 52 53 50
Email
mail@ascender.no
Website
https://www.ascender.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), Ascender AS reported revenue of NOK 177.6m, an increase of 1% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 23.0m, and the EBITDA margin stood at 16%.
At the end of 2025, equity financed 5.6% of the balance sheet, and current assets covered short-term debt 1 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 177,562 | 175,159 | 130,343 | 71,533 | 42,038 |
| Staff expenses | -60,271 | -59,482 | -51,624 | -30,471 | -22,279 |
| EBITDA | 28,402 | 28,592 | 29,217 | 19,471 | 10,367 |
| Depreciation & amort. | -216 | -272 | -278 | -232 | -212 |
| EBIT | 28,186 | 28,320 | 28,940 | 19,239 | 10,155 |
| Net financials | 1,312 | 830 | 609 | 171 | -41 |
| Profit before tax | 29,498 | 29,150 | 29,548 | 19,410 | 10,115 |
| Tax | 6,513 | 6,431 | 6,537 | 4,279 | 2,203 |
| Net profit | 22,985 | 22,719 | 23,011 | 15,131 | 7,911 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 58,069 | 54,131 | 55,893 | 37,105 | 19,790 |
| Equity | 3,230 | 100 | 103 | 15,241 | 111 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 54,839 | 54,031 | 55,791 | 21,864 | 19,679 |
| Total debt | 54,839 | 54,031 | 55,791 | 21,864 | 19,679 |
Financial ratios
5-year trendEBITDA margin
16.0 %
20212025
Equity ratio
5.6 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on equity
711.6 %
Very strongAmong the 10% highest rated companies in the industry
20212025
Net profit margin
12.9 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
3.06×
Very strongAmong the 20% highest rated companies in the industry
20212025
Debt / equity
16.98×
Very weakAmong the 10% lowest rated companies in the industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
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.
Operating marginStrong
Among the 40% highest rated companies in the industry
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.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 10% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 20% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
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.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
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.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
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 ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 10% lowest rated companies in the industry
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 to long-term capitalAverage
Around the average of companies in the same industry
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.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 10% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 10% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 20% highest rated companies in the industry
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.
Efficiency & development
Asset turnoverVery strong
Among the 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalStrong
Among the 30% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Annual reports & filings
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AJ Chief Executive Officer | Chief Executive Officer | 2024 |
Former (1)
KG Chief Executive Officer | Chief Executive Officer | 2014 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
CH Board of Directors | Board of Directors | 2024 |
AJ Board of Directors | Board of Directors | 2018 |
KS Board of Directors | Board of Directors | 2024 |
KG Chairman | Chairman | 2018 |
AH Board of Directors | Board of Directors | 2024 |
Former (2)
KB Board of Directors | Board of Directors | 2018 – 2021 |
KR Board of Directors | Board of Directors | 2021 – 2024 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 | |
| Company | 2.5% | 2.5% | 2020 | |
| Company | 15% | 15% | 2020 | |
| Company | 48.5% | 48.5% | 2023 | |
| Company | 22% | 22% | 2023 | |
| Company | 8% | 8% | 2023 | |
| Company | 2.5% | 2.5% | 2023 | |
| Company | 19% | 19% | 2023 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Aider Bidco As100%
Aider Group As100%
Ascender AS (this company)Board network connections
Board members of Ascender AS also hold positions in 86 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Aleksander Hammer Hatteland | Board of Directors | 58 companiesMany roles |
| Knut Grotli | Chief Executive Officer | 12 companiesMany roles |
| Asbjørn Jørgensen | Chief Executive Officer | 4 companies |
| Knut Røste Leganger-Krogstad | Board of Directors | 4 companies |
| Camilla Høgh Jansen | Board of Directors | 3 companies |
| Karina Strandrak Belseth | Board of Directors | 3 companies |
| Kristin Benedicte Lossius | Board of Directors | 2 companies |
Frequently asked questions
What is the Org number of Ascender AS?
Ascender AS is registered with Brønnøysundsregistrene under Org 914087406.
What is the revenue of Ascender AS?
Ascender AS reported revenue of NOK 177.6m in 2025.
How many employees does Ascender AS have?
Ascender AS employs 45 people as of the latest annual report.
Who is the CEO of Ascender AS?
Asbjørn Jørgensen is the CEO of Ascender AS, in role since 2024.
Who is the chairman of Ascender AS?
Knut Grotli chairs the board of Ascender AS, in role since 2018.
Where is Ascender AS headquartered?
Ascender AS's registered address is Hieronymus Heyerdahls Gate 1.