Newcode Investment AS
ASActiveOrg 933484629Rud Terrasse 12, 2005 RælingenBusiness and other management consultancy activities· NACE 7020Est. 2024 · 2 years old0 employees
Loading company…
Overview
Newcode Investment AS is a Norwegian AS based in Rælingen, operating in the Business and other management consultancy activities sector. Incorporated in 2024, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.
Revenue 2025
0K NOK
EBITDA margin
—
Net profit 2025
25.2K NOK
+453% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
31.6 %
WeakAmong the 40% lowest rated companies in the industry
20242025
Liquidity ratioCurrent assets ÷ Short-term debt
1.3×
WeakAmong the 40% lowest rated companies in the industry
20242025
Return on assets (ROA)Net profit ÷ Total assets × 100
16.6 %
StrongAmong the 40% highest rated companies in the industry
20242025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 0K NOK | — |
| EBITDA | -15K NOK | -64% |
| Net profit | 25.2K NOK | +453% |
| Total assets | 151.8K NOK | +358% |
| Equity | 48K NOK | +110% |
| Employees | 0 | — |
Company information
Legal name
NEWCODE INVESTMENT AS
Org number
933484629
Legal form
Aksjeselskap
NACE code
Founded
23 May 2024 · 2 years
Share capital
NOK 30,100
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Holding og investering.
(no translation available)
Address
Rud Terrasse 12, 2005 Rælingen
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), Newcode Investment AS reported revenue of NOK 0. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net profit of NOK 25.2k.
At the end of 2025, equity financed 31.6% of the balance sheet, and current assets covered short-term debt 1.3 times.
Financials
Revenue
NOKEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 |
|---|---|---|
| Revenue | 0 | 0 |
| Staff expenses | -0 | -0 |
| EBITDA | -15 | -9 |
| Depreciation & amort. | -0 | -0 |
| EBIT | -15 | -9 |
| Net financials | 42 | 0 |
| Profit before tax | 27 | -9 |
| Tax | 2 | -2 |
| Net profit | 25 | -7 |
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 |
|---|---|---|
| Total assets | 152 | 33 |
| Equity | 48 | 23 |
| Long-term debt | 0 | 0 |
| Short-term debt | 104 | 10 |
| Total debt | 104 | 10 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20242025
Equity ratio
31.6 %
WeakAmong the 40% lowest rated companies in the industry
20242025
Return on equity
52.4 %
StrongAmong the 30% highest rated companies in the industry
20242025
Net profit margin
>999 %
20242025
Asset turnover
0.00×
Very weakAmong the 10% lowest rated companies in the industry
20242025
Debt / equity
2.16×
WeakAmong the 30% lowest rated companies in the industry
20242025
Sector performance
24 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Strong
Among the 30% 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 40% 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)Strong
Among the 30% 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)Weak
Among the 30% 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 ratioVery weak
Among the 10% lowest 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.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
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 ratioVery weak
Among the 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% 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 ratioVery weak
Among the 10% lowest 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 40% 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 equityWeak
Among the 30% 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 equityWeak
Among the 30% 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 debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 30% lowest 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.
Efficiency & development
Asset turnoverVery weak
Among the 10% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 40% 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 equityVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 10% lowest 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.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
MH Chief Executive Officer | Chief Executive Officer | 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
MH Chairman | Chairman | 2024 |
Shareholders
Active legal ownersNo shareholder data available.
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
Newcode Investment AS 
Newcode.Ai AsBoard network connections
Board members of Newcode Investment AS also hold positions in 2 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Maged Helmy | Chief Executive Officer | 2 companies |
Frequently asked questions
What is the Org number of Newcode Investment AS?
Newcode Investment AS is registered with Brønnøysundsregistrene under Org 933484629.
Who is the CEO of Newcode Investment AS?
Maged Helmy is the CEO of Newcode Investment AS.
Who is the chairman of Newcode Investment AS?
Maged Helmy chairs the board of Newcode Investment AS.
Where is Newcode Investment AS headquartered?
Newcode Investment AS's registered address is Rud Terrasse 12.