Propell Intelligence AS
ASDissolvedOrg 926694715Rolfsbuktveien 4D, 1364 FornebuBedriftsrådgivning og annen administrativ rådgivning· NACE 70220Est. 2021 · 5 years old0 employees
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Overview
Propell Intelligence AS is a Norwegian AS based in Fornebu, operating in the Bedriftsrådgivning og annen administrativ rådgivning sector. Incorporated in 2021, the company has 0 employees and reported revenue of NOK 7.0m in its latest annual filing.
Revenue 2022
7M NOK
+74% vs 2021
EBITDA margin
15.4 %
+339% vs 2021
Net profit 2022
0.9M NOK
+278% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
74.1 %
StrongAmong the 40% highest rated companies in the industry
20212022
Liquidity ratioCurrent assets ÷ Short-term debt
3.7×
StrongAmong the 40% highest rated companies in the industry
20212022
Return on assets (ROA)Net profit ÷ Total assets × 100
156.5 %
Very strongAmong the 10% highest rated companies in the industry
20212022
EBITDA — year on year
NOK thousandsKey figures
Annual report 2022| Revenue | 7M NOK | +74% |
| EBITDA | 1.1M NOK | +339% |
| Net profit | 0.9M NOK | +278% |
| Total assets | 0.6M NOK | -39% |
| Equity | 0.4M NOK | +190% |
| Employees | 0 | — |
Company information
Legal name
PROPELL INTELLIGENCE AS
Org number
926694715
Legal form
Aksjeselskap
NACE code
Founded
14 January 2021 · 5 years
Share capital
NOK 30,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Salg av konsulenttjenester innen ledelse og forretningsutvikling, samt innen software.
(no translation available)
Address
Rolfsbuktveien 4D, 1364 Fornebu
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 (2022), Propell Intelligence AS reported revenue of NOK 7.0m, an increase of 74% on the year before. The figures on this page draw on 2 annual filings covering 2021 to 2022. The bottom line showed a net profit of NOK 861.8k, and the EBITDA margin stood at 15.4%.
At the end of 2022, equity financed 74.1% of the balance sheet, and current assets covered short-term debt 3.7 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2022 | 2021 |
|---|---|---|
| Revenue | 7,036 | 4,037 |
| Staff expenses | -0 | -0 |
| EBITDA | 1,085 | -454 |
| Depreciation & amort. | -0 | -0 |
| EBIT | 1,085 | -454 |
| Net financials | -117 | -31 |
| Profit before tax | 968 | -484 |
| Tax | 107 | -0 |
| Net profit | 862 | -484 |
Balance sheet
NOK thousands| Item | 2022 | 2021 |
|---|---|---|
| Total assets | 551 | 897 |
| Equity | 408 | -454 |
| Long-term debt | 0 | 0 |
| Short-term debt | 143 | 1,351 |
| Total debt | 143 | 1,351 |
Financial ratios
5-year trendEBITDA margin
15.4 %
20212022
Equity ratio
74.1 %
StrongAmong the 40% highest rated companies in the industry
20212022
Return on equity
211.4 %
Very strongAmong the 10% highest rated companies in the industry
20212022
Net profit margin
12.2 %
AverageAround the average of companies in the same industry
20212022
Asset turnover
12.78×
Very strongAmong the 10% highest rated companies in the industry
20212022
Debt / equity
0.35×
StrongAmong the 40% highest rated companies in the industry
20212022
Sector performance
26 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 10% 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 10% 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 ratioStrong
Among the 40% highest 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 ratioStrong
Among the 40% highest 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 equityAverage
Around the average of companies in the same 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 capitalStrong
Among the 40% 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% highest 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 ratioStrong
Among the 40% highest 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 equityStrong
Among the 40% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery strong
Among the 10% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 10% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 10% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 10% 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 10% 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 40% 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 debtVery strong
Among the 10% highest rated companies in the 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
BC Chief Executive Officer | Chief Executive Officer | 2021 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
AH Chairman | Chairman | 2021 |
BC Board of Directors | Board of Directors | 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 5% | 5% | 2021 | |
| Company | 94.5% | 94.5% | 2021 |
Related companies
Company hierarchy
Reayond As
Propell Intelligence AS Board network connections
Board members of Propell Intelligence AS also hold positions in 19 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Anders Haakon Lier | Chairman | 15 companiesMany roles |
| Brian Christopher West | Chief Executive Officer | 4 companies |
Frequently asked questions
What is the Org number of Propell Intelligence AS?
Propell Intelligence AS is registered with Brønnøysundsregistrene under Org 926694715.
What is the revenue of Propell Intelligence AS?
Propell Intelligence AS reported revenue of NOK 7.0m in 2022.
Who is the CEO of Propell Intelligence AS?
Brian Christopher West is the CEO of Propell Intelligence AS.
Who is the chairman of Propell Intelligence AS?
Anders Haakon Lier chairs the board of Propell Intelligence AS.
Where is Propell Intelligence AS headquartered?
Propell Intelligence AS's registered address is Rolfsbuktveien 4D.