Liquidity
Watch1
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.
WAL AS
Org. no. 931 605 496 · Private limited company (AS) · Active · Karenslyst allé 5, 0278, OSLO · OSLO · 73.110 – Advertising agencies
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 372
- Established
- 1 May 2023
- Municipality
- OSLO
- Industry code
- 73.110
WAL AS is a private limited company (as) registered in OSLO since 2023. The organisation number is 931 605 496. The register lists 372 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 14 November 2026 at 20:53
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch6.1 %
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
Weak5.6 %
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
- 272.5 m NOK
- +22.8 % vs. the year before
- Net result
- 17.2 m NOK
- Fiscal year 2025
- Equity
- 6.7 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 372
- Registered in the Central Coordinating Register
- Founded
- 1 May 2023
- Place
- OSLO
- Industry
- Advertising agencies
- 73.110
- Public contracts
- –
- Roles
- 6
- 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
69
av 100
Moderate 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
- 931 605 496
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 21 June 2023
- Date of incorporation
- 1 May 2023
- Number of employees
- 372
- 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
Karenslyst allé 50278 OSLOOSLO municipalityNorgePostal address
Postboks 2624 St.Hanshaugen0131 OSLOOSLO municipalityNorgeIndustry
Industry and sector
- 73.110
Advertising agencies(main industry)
M Real estate activities › 73 Advertising and market research › 73.1 Advertising › 73.11 Advertising agencies
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Levering av et fullt sett av reklametjenester (dvs. gjennom interne funksjoner eller underleverandører), inkludert rådgivning, kreative tjenester, utarbeidelse av reklamematerialer. Planlegging og organisering av reklame- og markedsføringskampanjer. Plassering av reklame i media. Konseptarbeid med budskapet i reklame. Ledelse av arbeidet med reklamekampanjen. Utarbeidelse og gjennomføring av reklamekampanjer; utarbeidelse og plassering av reklame og planlegging av markedsføringskampanjer gjennom sosiale media i aviser, tidsskrifter, radio, fjernsyn, over internett og andre medier, utarbeidelse og plassering av utendørs reklame, f.eks. på reklametavler, plakater, utstillingsvinduer, innredning i utstillingslokaler, plassering av reklamer på biler og busser, luftreklame (f.eks. bannere som henger etter fly), distribusjon eller leveranse av reklamemateriale eller vareprøver, utforming av stands og boder for utstilling og annen form for visning. Gjennomføring av markedsføringskampanjer og andre reklametjenester; promotering av produkter, salgskampanjer for utvalgte produkter, markedsføring på salgsstedet, uadresserte reklameforsendelser, generell rådgivning innenfor markedsføring, markedsføring via influensere. Ekskluderer: Produksjon av reklamematerialer grupperes under næringshovedområde C Industri, avhengig av typen materiale. Produksjon av boder til bruk på messer og utstillinger og for produktvisninger grupperes under næringshovedområde C Industri, avhengig av typen materiale. Installasjon av boder til bruk på messer og utstillinger grupperes under 43.32 Snekkerarbeid. Publisering av reklamemateriale grupperes under 58.19 Utgivelsesvirksomhet ellers, unntatt utgivelse av programvare. Produksjon av reklamer for fjernsyn og film grupperes under 59.11 Produksjon av film, video og fjernsynsprogrammer. Produksjonsaktiviteter tilknyttet kommersielle videoprodukter (inkludert produksjon av videoer for sosiale nettverk) grupperes under 59.11 Produksjon av film, video og fjernsynsprogrammer. Publisering av innhold som inkluderer video av f.eks. influensere, bloggere og vloggere grupperes under 59.11 Produksjon av film, video og fjernsynsprogrammer. Produksjon av reklame for radio grupperes under 59.20 Produksjon og utgivelse av musikk- og lydopptak. Distribusjon på dataplattformer, herunder nettsider for bloggere og wiki-nettsteder, sosiale nettverkssider og drift av nettspill- og videospillsider, uavhengig av utgivelse av spillene, grupperes under 60.39 Annen virksomhet for distribuering av innhold. Markeds- og opinionsundersøkelser grupperes under 73.20 Markeds- og opinionsundersøkelser. Reklamefotografering grupperes under 74.20 Fotografvirksomhet. Post- og forsendelsestjenester grupperes under 82.10 Kontortjenester. Organisering av messer og utstillinger grupperes under 82.30 Kongress-, messe- og utstillingsvirksomhet. Reklametjenester med formål om å finansiere virksomhetens hovedaktivitet som kan tilbys gratis, se hovedaktiviteten for virksomheten.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Arrangør- og konsulentvirksomhet innenfor områdene PR, reklame, markedsføring og events, samt produsere varer og tjenester innenfor disse områdene, samt å eie og investere i aksjer i andre selskaper, og alt som naturlig står i sammenheng med det.
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
Watch1
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
Watch6.1 %
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
Weak5.6 %
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 | 272,462,056 | 221,888,759 | 64,735,243 | |
| Operating profit | 16,754,613 | 13,938,634 | -5,940,318 | |
| Profit before tax | 21,532,788 | 17,875,066 | -4,947,906 | |
| Net result | 17,219,918 | 8,262,535 | -3,860,785 | |
| Total assets | 119,311,563 | 107,945,197 | 65,953,273 | |
| Equity | 6,675,063 | 6,405,445 | 6,342,908 | |
| Liabilities | 112,636,500 | 101,539,752 | 59,610,366 |
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
- 272,462,056 NOK
- Net result 2025
- 17,219,918 NOK
- Revenue growth
- 22.8 %
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 | 272,462,056 NOK |
|---|---|
| Total operating expenses | 255,707,444 NOK |
| Operating profit | 16,754,613 NOK |
| Total financial income | 4,998,736 NOK |
| Total financial expenses | 220,561 NOK |
| Net financial items | 4,778,175 NOK |
| Profit before tax | 21,532,788 NOK |
| Net result | 17,219,918 NOK |
Assets
| Total fixed assets | 9,442,441 NOK |
|---|---|
| Total current assets | 109,869,122 NOK |
| Total assets | 119,311,563 NOK |
Equity and liabilities
| Paid-in equity | 6,342,910 NOK |
|---|---|
| Retained earnings | 332,153 NOK |
| Total equity | 6,675,063 NOK |
| Current liabilities | 109,485,664 NOK |
| Long-term liabilities | 3,150,836 NOK |
| Total debt | 112,636,500 NOK |
| Total equity and liabilities | 119,311,563 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 | 221,888,759 NOK |
|---|---|
| Total operating expenses | 207,950,126 NOK |
| Operating profit | 13,938,634 NOK |
| Total financial income | 4,194,184 NOK |
| Total financial expenses | 257,751 NOK |
| Net financial items | 3,936,433 NOK |
| Profit before tax | 17,875,066 NOK |
| Net result | 8,262,535 NOK |
Assets
| Total fixed assets | 5,954,781 NOK |
|---|---|
| Total current assets | 101,990,416 NOK |
| Total assets | 107,945,197 NOK |
Equity and liabilities
| Paid-in equity | 6,342,910 NOK |
|---|---|
| Retained earnings | 62,535 NOK |
| Total equity | 6,405,445 NOK |
| Current liabilities | 97,558,742 NOK |
| Long-term liabilities | 3,981,010 NOK |
| Total debt | 101,539,752 NOK |
| Total equity and liabilities | 107,945,197 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-05-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 64,735,243 NOK |
|---|---|
| Total operating expenses | 70,675,560 NOK |
| Operating profit | -5,940,318 NOK |
| Total financial income | 1,025,260 NOK |
| Total financial expenses | 32,848 NOK |
| Net financial items | 992,412 NOK |
| Profit before tax | -4,947,906 NOK |
| Net result | -3,860,785 NOK |
Assets
| Total fixed assets | 417,651 NOK |
|---|---|
| Total current assets | 65,535,622 NOK |
| Total assets | 65,953,273 NOK |
Equity and liabilities
| Paid-in equity | 23,610,824 NOK |
|---|---|
| Retained earnings | -17,267,916 NOK |
| Total equity | 6,342,908 NOK |
| Current liabilities | 59,610,366 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 59,610,366 NOK |
| Total equity and liabilities | 65,953,275 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. | 22.8 % | 242.8 % | – |
| Operating marginOperating profit divided by total operating revenue. | 6.1 % | 6.3 % | -9.2 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 7.9 % | 8.1 % | -7.6 % |
| Equity ratioTotal equity divided by total assets. | 5.6 % | 5.9 % | 9.6 % |
| Current ratioTotal current assets divided by total current liabilities. | 1 | 1.05 | 1.1 |
| Debt ratioTotal liabilities divided by total equity. | 16.87 | 15.85 | 9.4 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 18.2 % | 16.8 % | -7.5 % |
| Return on equityNet profit divided by total equity. | 258 % | 129 % | -60.9 % |
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 officerHerman Mueller Stormyr
Board
- Chair of the boardHerman Mueller Stormyr
- Board memberØystein Lasse Tynning
- Board memberJulie Torgersen
- Board memberKaja Isnes
Auditor
- AuditorCROWE PARTNER REVISJON 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
WAL AS
WAL AS
OSLO · 372 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| WAL ASAdvertising agencies | 913 761 081 | OSLO | 372 |
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 20:53
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 20:53
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 14 November 2026 at 20:53
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 14 November 2026 at 20:53
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 14 November 2026 at 20:53
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 14 November 2026 at 20:53
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