RELEASE AS
Bankruptcy registered 4 January 2024 in the Central Coordinating Register. Bankruptcies
Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.
Score · fiscal year 2022
Not enough data: Bankrupt or being wound up
Based on the annual accounts for 2022
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 15 MNOK | 18 MNOK |
| Operating margin | −485.0% | 2.0% |
| Profit margin | −988.4% | 1.4% |
| Return on assets | −43.3% | 6.9% |
| Equity ratio | 49.7% | 19.9% |
| Debt-to-equity | 1.01 | 2.65 |
| Current ratio | 1.76 | 1.44 |
| Revenue growth | 2,609.5% | – |
The median and “ahead of” refer to companies in the same sector in 2022. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
RELEASE AS had an equity ratio of 49.7% in 2022. The company is not ranked: bankrupt or being wound up.
From 2021 to 2022: the operating margin rose from −1,786.4% to −485.0% and revenue grew by 2,610%.
RELEASE AS did weaker than the sector in 2022, the sector's weakest year.
This text is generated automatically from the 2022 accounts.
Three simple methods
One method gives a figure: 74 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 74 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin −988.4% (median 1.4%).
- watch
The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?
Based on: Operating margin −485.0% (median 2.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 107.5% of the debt in 2022. The policy rate averaged 1.32 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
The operating margin was −485.0% in 2022 (sector median 1.5%), and the equity ratio 49.7%. The company had a loss before tax that year. In the other years the operating margin averaged −995.1%.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is RELEASE AS?
The operating margin was −485.0% in 2022, against a median of 2.0% among companies in the same sector. Return on assets was −43.3%. The company made a loss before tax.
How solid is RELEASE AS?
The equity ratio was 49.7% in 2022 (median 19.9%). Debt-to-equity was 1.01 (median 2.65).
What is the liquidity of RELEASE AS like?
The current ratio was 1.76 in 2022 (median 1.44).
Group accounts · 2022
The group has no rank: the parent company is not active.
- Operating revenue, group
- 286 MNOK
- Operating profit, group
- −172 MNOK
- Profit before tax, group
- −178 MNOK
- Total assets, group
- 231 MNOK
- Equity, group
- 10 MNOK
| Key figure | The group | The company alone (2022) |
|---|---|---|
| Operating margin | −60.1% | −485.0% |
| Return on assets | −73.8% | −43.3% |
| Equity ratio | 4.2% | 49.7% |
| Current ratio | 1.00 | 1.76 |
| Revenue growth | 244.4% | 2,609.5% |
Group index in earlier years: 2021: –.
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2022 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 920502873
- Legal form
- AS
- Sector
- Handel (47.690)
- Morning company class
- Small
- Employees
- 0–4 (not registered)
- Founded
- 14 February 2018 8 years in operation
- Share capital
- 42.96 MNOK
- Business address
- Pilestredet 17, 0164 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2022
- Website
- www.release.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
Roles have not been fetched yet.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2020–2022
| Key figure | 2020 | 2021 | 2022 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | −203.7% | −1,786.4% | −485.0% | |
| Return on assets | −236.5% | −2.4% | −43.3% | |
| Equity ratio | −66.0% | 47.8% | 49.7% | |
| Current ratio | 0.70 | 1.18 | 1.76 | |
| Revenue growth | – | −92.0% | 2,609.5% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2020 | 2021 | 2022 |
|---|---|---|---|
| Operating revenue | 6.8 MNOK | 0.5 MNOK | 14.7 MNOK |
| Operating profit | −13.9 MNOK | −9.7 MNOK | −71.5 MNOK |
| Profit before tax | −14.0 MNOK | −5.9 MNOK | −145.6 MNOK |
| Net profit | −14.0 MNOK | −5.9 MNOK | −145.6 MNOK |
| Financial expenses | 0.2 MNOK | 3.1 MNOK | 80.9 MNOK |
| Total assets | 5.9 MNOK | 120.2 MNOK | 149.6 MNOK |
| Current assets | 3.7 MNOK | 49.4 MNOK | 52.1 MNOK |
| Equity | −3.9 MNOK | 57.4 MNOK | 74.4 MNOK |
| Retained earnings | −16.0 MNOK | −21.9 MNOK | −167.5 MNOK |
| Total liabilities | 9.7 MNOK | 62.8 MNOK | 75.2 MNOK |
| Current liabilities | 5.3 MNOK | 41.9 MNOK | 29.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4447945.