Liquidity
Weak0.63
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.
PHOTO HOLDING AS
Org. no. 895 734 942 · Private limited company (AS) · Active · Hegdehaugsveien 24, 0352, OSLO · OSLO · 74.110 – Industrial, product and fashion design
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 10
- Established
- 11 June 2010
- Municipality
- OSLO
- Industry code
- 74.110
PHOTO HOLDING AS is a private limited company (as) registered in OSLO since 2010. The organisation number is 895 734 942. The register lists 10 employees. The latest submitted annual accounts are for 2024.
Source: The Brønnøysund Register Centre · Last updated 6 November 2026 at 12:43
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2024) and registry data.
Profitability
Weak-182.9 %
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
Watch28.9 %
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
- 16.2 m NOK
- +14.9 % vs. the year before
- Net result
- -31.2 m NOK
- Fiscal year 2024
- Equity
- 13.2 m NOK
- Fiscal year 2024
- Status
- Active
- Central Coordinating Register
- Employees
- 10
- Registered in the Central Coordinating Register
- Founded
- 11 June 2010
- Place
- OSLO
- Industry
- Industrial, product and fashion design
- 74.110
- Public contracts
- –
- Roles
- 4
- 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
44
av 100
Elevated 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
- 895 734 942
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 10 August 2010
- Date of incorporation
- 11 June 2010
- Number of employees
- 10
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2024
- Deleted
- Not provided
- Website
- www.kelvinlight.com
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Hegdehaugsveien 240352 OSLOOSLO 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
Eie eiendeler og forvalte finansielle interesser. Selskapet kan videre drive annen virksomhet som er forenlig med disse formålene.
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 2024 · Amounts in NOK
Data basis
3 stored years
Liquidity
Weak0.63
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-182.9 %
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
Watch28.9 %
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 | 2024 | 2023 | 2022 | Development |
|---|---|---|---|---|
| Operating revenue | 16,180,729 | 14,085,333 | 14,639,404 | |
| Operating profit | -29,590,037 | -17,586,444 | -8,758,706 | |
| Profit before tax | -31,228,209 | -18,618,886 | -9,297,102 | |
| Net result | -31,228,209 | -18,618,886 | -9,297,102 | |
| Total assets | 45,553,142 | 44,984,109 | 41,256,887 | |
| Equity | 13,184,095 | 24,002,196 | 24,700,963 | |
| Liabilities | 32,369,046 | 20,981,913 | 16,555,924 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2022–2024)
- Operating revenue 2024
- 16,180,729 NOK
- Net result 2024
- -31,228,209 NOK
- Revenue growth
- 14.9 %
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 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 16,180,729 NOK |
|---|---|
| Total operating expenses | 45,770,766 NOK |
| Operating profit | -29,590,037 NOK |
| Total financial income | 466,594 NOK |
| Total financial expenses | 2,104,766 NOK |
| Net financial items | -1,638,172 NOK |
| Profit before tax | -31,228,209 NOK |
| Net result | -31,228,209 NOK |
Assets
| Total fixed assets | 26,183,502 NOK |
|---|---|
| Total current assets | 19,369,640 NOK |
| Total assets | 45,553,142 NOK |
Equity and liabilities
| Paid-in equity | 13,184,095 NOK |
|---|---|
| Retained earnings | 0 NOK |
| Total equity | 13,184,095 NOK |
| Current liabilities | 30,732,666 NOK |
| Long-term liabilities | 1,636,380 NOK |
| Total debt | 32,369,046 NOK |
| Total equity and liabilities | 45,553,142 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 | 14,085,333 NOK |
|---|---|
| Total operating expenses | 31,671,777 NOK |
| Operating profit | -17,586,444 NOK |
| Total financial income | 198,253 NOK |
| Total financial expenses | 1,230,695 NOK |
| Net financial items | -1,032,442 NOK |
| Profit before tax | -18,618,886 NOK |
| Net result | -18,618,886 NOK |
Assets
| Total fixed assets | 27,975,799 NOK |
|---|---|
| Total current assets | 17,008,310 NOK |
| Total assets | 44,984,109 NOK |
Equity and liabilities
| Paid-in equity | 51,918,184 NOK |
|---|---|
| Retained earnings | -27,915,988 NOK |
| Total equity | 24,002,196 NOK |
| Current liabilities | 14,145,530 NOK |
| Long-term liabilities | 6,836,383 NOK |
| Total debt | 20,981,913 NOK |
| Total equity and liabilities | 44,984,109 NOK |
Register of Company Accounts
Annual accounts 2022
Period 2022-01-01 to 2022-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 14,639,404 NOK |
|---|---|
| Total operating expenses | 23,398,110 NOK |
| Operating profit | -8,758,706 NOK |
| Total financial income | 381,873 NOK |
| Total financial expenses | 920,268 NOK |
| Net financial items | -538,395 NOK |
| Profit before tax | -9,297,102 NOK |
| Net result | -9,297,102 NOK |
Assets
| Total fixed assets | 22,692,090 NOK |
|---|---|
| Total current assets | 18,564,797 NOK |
| Total assets | 41,256,887 NOK |
Equity and liabilities
| Paid-in equity | 33,998,064 NOK |
|---|---|
| Retained earnings | -9,297,102 NOK |
| Total equity | 24,700,963 NOK |
| Current liabilities | 10,091,614 NOK |
| Long-term liabilities | 6,464,310 NOK |
| Total debt | 16,555,924 NOK |
| Total equity and liabilities | 41,256,887 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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | 14.9 % | -3.8 % | – |
| Operating marginOperating profit divided by total operating revenue. | -182.9 % | -124.9 % | -59.8 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | -193 % | -132.2 % | -63.5 % |
| Equity ratioTotal equity divided by total assets. | 28.9 % | 53.4 % | 59.9 % |
| Current ratioTotal current assets divided by total current liabilities. | 0.63 | 1.2 | 1.84 |
| Debt ratioTotal liabilities divided by total equity. | 2.46 | 0.87 | 0.67 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | -63.9 % | -38.7 % | -20.3 % |
| Return on equityNet profit divided by total equity. | -236.9 % | -77.6 % | -37.6 % |
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
Board
- Chair of the boardChristian Krag Breddam
- Board memberKaare Traaseth
Auditor
- AuditorBDO AS
Accountant
- AccountantENORA 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
PHOTO HOLDING AS
PHOTO HOLDING AS
OSLO · 10 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| PHOTO HOLDING ASIndustrial, product and fashion design | 913 215 397 | OSLO | 10 |
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 6 November 2026 at 12:43
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 6 November 2026 at 12:43
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 6 November 2026 at 12:43
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 6 November 2026 at 12:43
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 6 November 2026 at 12:43
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 6 November 2026 at 12:43
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