Receipts AS
ASActiveOrg 929910109Dalaberget 22, 7750 NamdalseidComputer programming activities· NACE 6210Est. 2022 · 4 years old6 employeeshttps://www.receipts.no
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Overview
Receipts AS is a Norwegian AS based in Namdalseid, operating in the Computer programming activities sector. Incorporated in 2022, the company has 6 employees and reported revenue of NOK 5.5m in its latest annual filing.
Revenue 2025
5.5M NOK
+29% vs 2024
EBITDA margin
−134.0 %
−35% vs 2024
Net profit 2025
-8.5M NOK
-47% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
81.0 %
StrongAmong the 40% highest rated companies in the industry
20222025
Liquidity ratioCurrent assets ÷ Short-term debt
5.1×
StrongAmong the 30% highest rated companies in the industry
20222025
Return on assets (ROA)Net profit ÷ Total assets × 100
-52.5 %
Very weakAmong the 20% lowest rated companies in the industry
20222025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 5.5M NOK | +29% |
| EBITDA | -7.4M NOK | -35% |
| Net profit | -8.5M NOK | -47% |
| Total assets | 16.2M NOK | +150% |
| Equity | 13.1M NOK | +1400% |
| Employees | 6 | — |
Company information
Legal name
RECEIPTS AS
Org number
929910109
Legal form
Aksjeselskap
NACE code
Founded
19 August 2022 · 4 years
Share capital
NOK 106,402
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Å være databehandler og å levere programvaretjenester og tilknyttede aktiviteter.
(no translation available)
Contact
Address
Dalaberget 22, 7750 Namdalseid
Website
https://www.receipts.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), Receipts AS reported revenue of NOK 5.5m, an increase of 29% on the year before. The figures on this page draw on 4 annual filings covering 2022 to 2025. The bottom line showed a net loss of NOK 8.5m, and the EBITDA margin stood at -134%.
At the end of 2025, equity financed 81% of the balance sheet, and current assets covered short-term debt 5.1 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 5,545 | 4,305 | 2,300 | 203 |
| Staff expenses | -6,232 | -6,339 | -2,545 | -1,038 |
| EBITDA | -7,428 | -5,489 | -5,121 | -3,926 |
| Depreciation & amort. | -1,402 | -272 | -0 | -0 |
| EBIT | -8,830 | -5,761 | -5,121 | -3,926 |
| Net financials | 347 | -6 | 4 | -0 |
| Profit before tax | -8,483 | -5,767 | -5,117 | -3,926 |
| Tax | -0 | -0 | 866 | -866 |
| Net profit | -8,483 | -5,767 | -5,983 | -3,060 |
Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total assets | 16,153 | 6,462 | 554 | 1,370 |
| Equity | 13,084 | -1,006 | -6,165 | -181 |
| Long-term debt | 0 | 150 | 3,964 | 0 |
| Short-term debt | 1,766 | 6,697 | 2,755 | 1,551 |
| Total debt | 1,766 | 6,847 | 6,719 | 1,551 |
Financial ratios
5-year trendEBITDA margin
-134.0 %
20222025
Equity ratio
81.0 %
StrongAmong the 40% highest rated companies in the industry
20222025
Return on equity
-64.8 %
Very weakAmong the 20% lowest rated companies in the industry
20222025
Net profit margin
-153.0 %
Very weakAmong the 20% lowest rated companies in the industry
20222025
Asset turnover
0.34×
AverageAround the average of companies in the same industry
20222025
Debt / equity
0.23×
StrongAmong the 30% highest rated companies in the industry
20222025
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest 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 weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same 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 30% 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 30% 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 ratioVery strong
Among the 20% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 30% highest 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 capitalWeak
Among the 40% lowest 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 ratioWeak
Among the 40% lowest 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 ratioVery strong
Among the 20% 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 30% 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 weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 10% lowest 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 weak
Among the 20% lowest 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 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 capitalVery strong
Among the 10% 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
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
KO Chief Executive Officer | Chief Executive Officer | 2025 |
Former (1)
AD Chief Executive Officer | Chief Executive Officer | 2024 – 2025 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
KB Board of Directors | Board of Directors | 2025 |
HL Board of Directors | Board of Directors | 2025 |
AØ Chairman | Chairman | 2025 |
LH Board of Directors | Board of Directors | 2023 |
KN Board of Directors | Board of Directors | 2024 |
CK Board of Directors | Board of Directors | 2025 |
Former (5)
SM Board of Directors | Board of Directors | 2023 – 2025 |
KO Deputy Chairman | Deputy Chairman | 2023 – 2024 |
AS Chairman | Chairman | 2023 – 2025 |
JT Board of Directors | Board of Directors | 2023 – 2025 |
ES Board of Directors | Board of Directors | 2023 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 72.86% | 72.86% | 2025 | |
| Company | 7.42% | 7.42% | 2025 | |
Antler Nordic Fund Ii Ab | Company | 6.95% | 6.95% | 2025 |
| Company | 3.71% | 3.71% | 2025 | |
| Company | 3.16% | 3.16% | 2025 | |
| Company | 1.97% | 1.97% | 2025 | |
Antler Nordic Fund Ii Ab | Company | 4.77% | 4.77% | 2024 |
Related companies
Company hierarchy
Dnb Ventures As7.425%Xrt Invest As72.859%Antler Nordic Fund Ii Ab6.95%Såkorn 1 Midt As3.16%Neotech Invest As1.97%
Receipts AS (this company)Board network connections
Board members of Receipts AS also hold positions in 153 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Johan Torås Halseth | Board of Directors | 32 companiesMany roles |
| Cristina Kvam Santos | Board of Directors | 22 companiesMany roles |
| Lars Helbostad | Board of Directors | 17 companiesMany roles |
| Atle Sivertsen | Chairman | 17 companiesMany roles |
| Kjartan Brurås Solvi | Board of Directors | 14 companiesMany roles |
| Anders Østensvig | Chairman | 11 companiesMany roles |
| Eilin Schjetne | Board of Directors | 11 companiesMany roles |
| Klaus-Anders Nysteen | Board of Directors | 10 companiesMany roles |
| Kent Olav Ferstad | Chief Executive Officer | 7 companiesMany roles |
| Sigurd Mathiesen | Board of Directors | 6 companiesMany roles |
| Alistair De Villiers | Chief Executive Officer | 3 companies |
| Henning Lunde | Board of Directors | 3 companies |
Frequently asked questions
What is the Org number of Receipts AS?
Receipts AS is registered with Brønnøysundsregistrene under Org 929910109.
What is the revenue of Receipts AS?
Receipts AS reported revenue of NOK 5.5m in 2025.
How many employees does Receipts AS have?
Receipts AS employs 6 people as of the latest annual report.
Who is the CEO of Receipts AS?
Kent Olav Ferstad is the CEO of Receipts AS, in role since 2025.
Who is the chairman of Receipts AS?
Anders Østensvig chairs the board of Receipts AS, in role since 2025.
Where is Receipts AS headquartered?
Receipts AS's registered address is Dalaberget 22.