Liquidity
Strong1.6
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
OAD AS
Org. no. 926 724 770 · Private limited company (AS) · Active · O.A.Devold-vegen 16, 6030, LANGEVÅG · SULA · 74.110 – Industrial, product and fashion design
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 10 February 2021
- Municipality
- SULA
- Industry code
- 74.110
OAD AS is a private limited company (as) registered in LANGEVÅG since 2021. The organisation number is 926 724 770. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 14 November 2026 at 16:45
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Weak-128 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong38.7 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 8.0 m NOK
- +23 % vs. the year before
- Net result
- -8.3 m NOK
- Fiscal year 2025
- Equity
- 6.6 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 10 February 2021
- Place
- LANGEVÅG
- Industry
- Industrial, product and fashion design
- 74.110
- Public contracts
- –
- Roles
- 5
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
77
av 100
Low risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 926 724 770
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 4 March 2021
- Date of incorporation
- 10 February 2021
- Number of employees
- Not stated
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
O.A.Devold-vegen 166030 LANGEVÅGSULA municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 74.110
Industrial, product and fashion design(main industry)
M Real estate activities › 74 Other professional, scientific and technical activities › 74.1 Specialised design activities › 74.11 Industrial, product and fashion design
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Motedesign innenfor tekstiler, klær, sko, smykker, møbler og andre interiørartikler og motevarer, samt varer til personlig bruk og til bruk i husholdning. Industridesign, også utarbeidet ved bruk av spesialisert programvare, som f.eks. å skape og utvikle design og spesifikasjoner som optimaliserer nytten, verdien og utseendet på produktet, herunder bestemmelse av materialer, oppbygning, form, farge og overflatebehandling av produktet, med utgangspunkt i menneskelige behov, sikkerhet, markedsbehov, bruk og vedlikehold. Ekskluderer: Ingeniørarbeid knyttet til design, dvs. bruk av fysiske lover og prinsipper for ingeniørarbeid i design av maskiner, materialer, instrumenter, konstruksjoner, prosesser og systemer grupperes under 71.12 Teknisk konsulentvirksomhet. Design av datamaskinsystemer for bruk av 3D-printere grupperes under 71.12 Teknisk konsulentvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Utvikling, produksjon, markedsføring og omsetning av tekstilprodukter og annen virksomhet som står i forbindelse med dette, samt deltagelse i andre selskaper med lignende formål.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Strong1.6
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Weak-128 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong38.7 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 8,020,648 | 6,522,717 | 4,687,158 | |
| Operating profit | -10,269,677 | -10,953,556 | -14,700,414 | |
| Profit before tax | -10,642,594 | -11,869,574 | -15,731,038 | |
| Net result | -8,326,758 | -9,276,773 | -12,279,369 | |
| Total assets | 16,941,689 | 17,007,091 | 15,078,191 | |
| Equity | 6,550,093 | 14,876,852 | 6,514,096 | |
| Liabilities | 10,391,596 | 2,130,239 | 8,564,095 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 8,020,648 NOK
- Net result 2025
- -8,326,758 NOK
- Revenue growth
- 23 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 8,020,648 NOK |
|---|---|
| Total operating expenses | 18,290,325 NOK |
| Operating profit | -10,269,677 NOK |
| Total financial income | 38,775 NOK |
| Total financial expenses | 411,692 NOK |
| Net financial items | -372,917 NOK |
| Profit before tax | -10,642,594 NOK |
| Net result | -8,326,758 NOK |
Assets
| Total fixed assets | 12,173,559 NOK |
|---|---|
| Total current assets | 4,768,130 NOK |
| Total assets | 16,941,689 NOK |
Equity and liabilities
| Paid-in equity | 6,550,093 NOK |
|---|---|
| Total equity | 6,550,093 NOK |
| Current liabilities | 2,987,481 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 10,391,596 NOK |
| Total equity and liabilities | 16,941,689 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 6,522,717 NOK |
|---|---|
| Total operating expenses | 17,476,272 NOK |
| Operating profit | -10,953,556 NOK |
| Total financial income | 81,350 NOK |
| Total financial expenses | 997,368 NOK |
| Net financial items | -916,019 NOK |
| Profit before tax | -11,869,574 NOK |
| Net result | -9,276,773 NOK |
Assets
| Total fixed assets | 11,572,444 NOK |
|---|---|
| Total current assets | 5,434,646 NOK |
| Total assets | 17,007,091 NOK |
Equity and liabilities
| Paid-in equity | 14,876,852 NOK |
|---|---|
| Total equity | 14,876,852 NOK |
| Current liabilities | 2,130,239 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 2,130,239 NOK |
| Total equity and liabilities | 17,007,091 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 4,687,158 NOK |
|---|---|
| Total operating expenses | 19,387,572 NOK |
| Operating profit | -14,700,414 NOK |
| Total financial income | 132,246 NOK |
| Total financial expenses | 1,162,869 NOK |
| Net financial items | -1,030,623 NOK |
| Profit before tax | -15,731,038 NOK |
| Net result | -12,279,369 NOK |
Assets
| Total fixed assets | 10,694,364 NOK |
|---|---|
| Total current assets | 4,383,827 NOK |
| Total assets | 15,078,191 NOK |
Equity and liabilities
| Paid-in equity | 6,514,096 NOK |
|---|---|
| Total equity | 6,514,096 NOK |
| Current liabilities | 5,177,846 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 8,564,095 NOK |
| Total equity and liabilities | 15,078,191 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | 23 % | 39.2 % | – |
| Operating marginOperating profit divided by total operating revenue. | -128 % | -167.9 % | -313.6 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | -132.7 % | -182 % | -335.6 % |
| Equity ratioTotal equity divided by total assets. | 38.7 % | 87.5 % | 43.2 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.6 | 2.55 | 0.85 |
| Debt ratioTotal liabilities divided by total equity. | 1.59 | 0.14 | 1.31 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | -60.4 % | -63.9 % | -96.6 % |
| Return on equityNet profit divided by total equity. | -127.1 % | -62.4 % | -188.5 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerMarianne Elisabeth Strand
Board
- Chair of the boardKnut Trygve Flakk
- Board memberMaria Lilly Flakk
- Board memberLasse Viken Kjønstad
Auditor
- AuditorCEDRA NORGE AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
OAD AS
OAD AS
LANGEVÅG
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| OAD ASIndustrial, product and fashion design | 926 744 283 | LANGEVÅG | – |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 14 November 2026 at 16:45
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 14 November 2026 at 16:45
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources