Gotreatitcloud AS
ASDissolvedOrg 914947901Vestre Strandgate 27, 4611 Kristiansand SProgrammeringstjenester· NACE 62010Est. 2015 · 11 years old0 employees
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Overview
Gotreatitcloud AS is a Norwegian AS based in Kristiansand S, operating in the Programmeringstjenester sector. Incorporated in 2015, the company has 0 employees and reported revenue of NOK 100.0k in its latest annual filing.
Revenue 2021
100K NOK
+67% vs 2020
EBITDA margin
62.7 %
+357% vs 2020
Net profit 2021
62.7K NOK
+355% vs 2020
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
13.7 %
WeakAmong the 30% lowest rated companies in the industry
20172021
Liquidity ratioCurrent assets ÷ Short-term debt
1.2×
WeakAmong the 40% lowest rated companies in the industry
20172021
Return on assets (ROA)Net profit ÷ Total assets × 100
18.2 %
StrongAmong the 30% highest rated companies in the industry
20172021
EBITDA — year on year
NOK thousandsKey figures
Annual report 2021| Revenue | 100K NOK | +67% |
| EBITDA | 62.7K NOK | +357% |
| Net profit | 62.7K NOK | +355% |
| Total assets | 343.9K NOK | +26% |
| Equity | 47.1K NOK | +402% |
| Employees | 0 | — |
Company information
Legal name
GOTREATITCLOUD AS
Org number
914947901
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
27 January 2015 · 11 years
Share capital
NOK 75,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Utvikling og salg av databaserte systemer til bruk i helsesektoren og livsstilsektoren og virksomheter som naturlig hører dertil i både inn og utland.
(no translation available)
Address
Vestre Strandgate 27, 4611 Kristiansand S
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Financial development
In its most recent annual report (2021), Gotreatitcloud AS reported revenue of NOK 100.0k, an increase of 67% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of NOK 62.7k, and the EBITDA margin stood at 62.7%.
At the end of 2021, equity financed 13.7% of the balance sheet, and current assets covered short-term debt 1.2 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Revenue | 100 | 60 | 524 | 690 | 2,519 |
| Staff expenses | -0 | 2 | -591 | -576 | -1,184 |
| EBITDA | 63 | 14 | -158 | -352 | -353 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 63 | 14 | -158 | -352 | -353 |
| Net financials | 0 | 0 | 1 | -9 | 1 |
| Profit before tax | 63 | 14 | -157 | -361 | -352 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 63 | 14 | -157 | -361 | -352 |
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Balance sheet
NOK thousands| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Total assets | 344 | 272 | 340 | 597 | 1,729 |
| Equity | 47 | -16 | -29 | 128 | 488 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 297 | 288 | 369 | 470 | 1,241 |
| Total debt | 297 | 288 | 369 | 470 | 1,241 |
Financial ratios
5-year trendEBITDA margin
62.7 %
20172021
Equity ratio
13.7 %
WeakAmong the 30% lowest rated companies in the industry
20172021
Return on equity
133.1 %
Very strongAmong the 10% highest rated companies in the industry
20172021
Net profit margin
62.7 %
Very strongAmong the 10% highest rated companies in the industry
20172021
Asset turnover
0.29×
AverageAround the average of companies in the same industry
20172021
Debt / equity
6.31×
Very weakAmong the 20% lowest rated companies in the industry
20172021
Sector performance
25 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 marginVery strong
Among the 10% 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 marginVery strong
Among the 10% highest rated companies in the 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)Strong
Among the 30% 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)Strong
Among the 30% 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 ratioVery strong
Among the 10% 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 40% 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 40% 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 capitalVery strong
Among the 10% highest rated companies in the 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 ratioAverage
Around the average of companies in the same 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 40% 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 20% 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 20% 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 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 30% 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.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 30% lowest 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 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.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TM Chief Executive Officer | Chief Executive Officer | 2018 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
KH Chairman | Chairman | 2021 |
Former (5)
KK Board of Directors | Board of Directors | 2018 – 2021 |
GH Board of Directors | Board of Directors | 2018 – 2021 |
GA Chairman | Chairman | 2021 – 2021 |
RH Board of Directors | Board of Directors | 2018 – 2021 |
OS Chairman | Chairman | 2018 – 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Related companies
Company hierarchy
Diagraphit As
Gotreatitcloud AS Board network connections
Board members of Gotreatitcloud AS also hold positions in 49 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Geir Arnstein Haugeberg | Chairman | 13 companiesMany roles |
| Omar Sadiq | Chairman | 12 companiesMany roles |
| Reidar Henrik Berge | Board of Directors | 11 companiesMany roles |
| Kolbjørn Haarr | Chairman | 6 companiesMany roles |
| Glenn Haugeberg | Board of Directors | 4 companies |
| Tone Margrethe Speilberg Birkenes | Chief Executive Officer | 2 companies |
| Kristin Kopland | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Gotreatitcloud AS?
Gotreatitcloud AS is registered with Brønnøysundsregistrene under Org 914947901.
What is the revenue of Gotreatitcloud AS?
Gotreatitcloud AS reported revenue of NOK 100.0k in 2021.
Who is the CEO of Gotreatitcloud AS?
Tone Margrethe Speilberg Birkenes is the CEO of Gotreatitcloud AS, in role since 2018.
Who is the chairman of Gotreatitcloud AS?
Kolbjørn Haarr chairs the board of Gotreatitcloud AS, in role since 2021.
Where is Gotreatitcloud AS headquartered?
Gotreatitcloud AS's registered address is Vestre Strandgate 27.