Render AS
ASBankruptOrg 986114483Nedre Strandgate 10, 4005 StavangerGraphic design and visual communication activities· NACE 7412Est. 2003 · 22 years old0 employeeshttps://www.render.no
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Overview
Render AS is a Norwegian AS based in Stavanger, operating in the Graphic design and visual communication activities sector. Incorporated in 2003, the company has 0 employees and reported revenue of NOK 6.3m in its latest annual filing.
Revenue 2023
6.3M NOK
+10% vs 2022
EBITDA margin
20.2 %
+425% vs 2022
Net profit 2023
1M NOK
+361% vs 2022
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
75.5 %
StrongAmong the 40% highest rated companies in the industry
20192023
Liquidity ratioCurrent assets ÷ Short-term debt
3.1×
StrongAmong the 40% highest rated companies in the industry
20192023
Return on assets (ROA)Net profit ÷ Total assets × 100
28.1 %
StrongAmong the 30% highest rated companies in the industry
20192023
EBITDA — year on year
NOK thousandsKey figures
Annual report 2023| Revenue | 6.3M NOK | +10% |
| EBITDA | 1.3M NOK | +425% |
| Net profit | 1M NOK | +361% |
| Total assets | 3.4M NOK | +10% |
| Equity | 2.6M NOK | +59% |
| Employees | 0 | — |
Company information
Legal name
RENDER AS
Org number
986114483
Legal form
Aksjeselskap
NACE code
Founded
1 October 2003 · 22 years
Share capital
NOK 1,015,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Grafisk- og visuell kommunikasjonsdesign, konsulentbistand, rekruttering og formidling av slike tjenester, samt hva hermed står i forbindelse.
(no translation available)
Contact
Address
Nedre Strandgate 10, 4005 Stavanger
Phone
+47 51 81 06 50
Email
post@render.no
Website
https://www.render.no
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Financial development
In its most recent annual report (2023), Render AS reported revenue of NOK 6.3m, an increase of 10% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net profit of NOK 962.5k, and the EBITDA margin stood at 20.2%.
At the end of 2023, equity financed 75.5% of the balance sheet, and current assets covered short-term debt 3.1 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 6,251 | 5,663 | 6,869 | 7,691 | 15,132 |
| Staff expenses | -3,895 | -5,013 | -5,998 | -6,602 | -10,830 |
| EBITDA | 1,260 | -388 | -358 | -516 | 1,913 |
| Depreciation & amort. | -28 | -86 | -148 | -146 | -113 |
| EBIT | 1,233 | -474 | -507 | -661 | 1,799 |
| Net financials | 1 | 2 | 1 | 2 | 0 |
| Profit before tax | 1,234 | -472 | -506 | -660 | 1,799 |
| Tax | 271 | -104 | -111 | -145 | 398 |
| Net profit | 962 | -368 | -394 | -515 | 1,402 |
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Balance sheet
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Total assets | 3,426 | 3,101 | 3,576 | 3,942 | 6,324 |
| Equity | 2,587 | 1,625 | 1,993 | 2,388 | 2,903 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 839 | 1,476 | 1,582 | 1,554 | 3,420 |
| Total debt | 839 | 1,476 | 1,582 | 1,554 | 3,420 |
Financial ratios
5-year trendEBITDA margin
20.2 %
20192023
Equity ratio
75.5 %
StrongAmong the 40% highest rated companies in the industry
20192023
Return on equity
37.2 %
StrongAmong the 40% highest rated companies in the industry
20192023
Net profit margin
15.4 %
StrongAmong the 40% highest rated companies in the industry
20192023
Asset turnover
1.82×
StrongAmong the 30% highest rated companies in the industry
20192023
Debt / equity
0.32×
StrongAmong the 40% highest rated companies in the industry
20192023
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 40% 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 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 marginStrong
Among the 40% 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)Strong
Among the 40% 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)Strong
Among the 40% 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 30% 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 ratioStrong
Among the 40% 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 40% 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 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 strong
Among the 20% 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 30% 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 20% 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 20% 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 10% 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 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 turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalAverage
Around the average of companies in the same 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 strong
Among the 20% 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.
Annual reports & filings
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
KL Trustee | Trustee | 2025 |
KA Chief Executive Officer | Chief Executive Officer | 2023 |
Former (3)
KL Chief Executive Officer | Chief Executive Officer | 2023 – 2023 |
PM Deputy Member | Deputy Member | 2020 – 2022 |
BS Chief Executive Officer | Chief Executive Officer | 2020 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
KL Chairman | Chairman | 2023 |
TL Board of Directors | Board of Directors | 2023 |
KA Board of Directors | Board of Directors | 2023 |
Former (4)
JW Board of Directors | Board of Directors | 2020 – 2023 |
BS Chairman | Chairman | 2020 – 2023 |
LW Board of Directors | Board of Directors | 2020 – 2023 |
JA Board of Directors | Board of Directors | 2020 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 99.96% | 99.96% | 2022 | |
| Company | 60.91% | 60.91% | 2020 | |
| Individual | 1.34% | 1.34% | 2020 | |
| Individual | 6.02% | 6.02% | 2020 | |
| Individual | 9.36% | 9.36% | 2020 | |
| Individual | 17.05% | 17.05% | 2020 | |
| Individual | 2.67% | 2.67% | 2020 |
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Related companies
Company hierarchy
Tkk Digital As
Render AS Board network connections
Board members of Render AS also hold positions in 145 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kjersti Lunde | Trustee | 115 companiesMany roles |
| Ken Lie-Haugen | Chief Executive Officer | 9 companiesMany roles |
| Bengt Sverre Hagen | Chief Executive Officer | 7 companiesMany roles |
| Tonia Lehmann Pedersen | Board of Directors | 7 companiesMany roles |
| Kent Andersen | Chief Executive Officer | 6 companiesMany roles |
| Lise Wallin Johannessen | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Render AS?
Render AS is registered with Brønnøysundsregistrene under Org 986114483.
What is the revenue of Render AS?
Render AS reported revenue of NOK 6.3m in 2023.
Who is the CEO of Render AS?
Kent Andersen is the CEO of Render AS, in role since 2023.
Who is the chairman of Render AS?
Ken Lie-Haugen chairs the board of Render AS, in role since 2023.
Where is Render AS headquartered?
Render AS's registered address is Nedre Strandgate 10.