CREDO PARTNERS AS

Operating

Credo Partners | Scaling Up Businesses

Credo Partners is an investment firm focusing on scaling up small and medium sized businesses in Norway and Denmark in partnership with entrepreneurs and family owners.

Drive generell rådgivnings- og investeringsvirksomhet og å ta en aktiv rolle i videreutvikling av selskaper hvor selskapet har direkte eller indirekte eierskap. Som en del av investeringsvirksomheten vil selskapet etablere og forvalte investeringsfond.

Rådgivning og investeringsvirksomhet ved å investere i andre selskaper for å verdiutvikle disse gjennom aktivt eierskap og rådgivningsvirksomhet.

Keywords

portfolio managementwealth managementdefined contribution pension fundsmanagement companiessecurities funds

Organization

CEO: GS
Gudmund Schlytter Killi1976
Chairman of the board: PB
Pål Brynsrud1962
Years since formation: 14 years; since Aug 17, 2011
Type: Limited company
VAT registered: Yes
Number of employees: 14

Ownership

Number of shares and share classes: 100,000; 1 share class
Total number of shareholders: 11; companies
Belongs to group of

Financials

Total operating income 2024: 37,696,098; NOK
Annual total result 2024: 1,600,004; NOK
Total equity 2024: 13,927,961; NOK

Last update: Oct 15, 2025

Management

Management / administration

Name	Role	Shares
GS Gudmund Schlytter Killi 1976	Managing Director/CEO	15.77 % indirectly

Board

Name	Role	Shares
PB Pål Brynsrud 1962	Chairman	15.77 % indirectly
WA Wilhelm Anton Mohn 1961	Board Member	5.21 % indirectly
RK Rolf Kragerud 1960	Board Member	-
VR Victor Ring Evensen 1982	Board Member	15.77 % indirectly
SG Stian Glendrange 1986	Board Member	15.77 % indirectly
PH Pål Hardersen Prydz 1987	Board Member	15.77 % indirectly

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
P PERMIAN BUSINESS PARTNER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
PH Pål Hardersen Prydz 1987	Board Member	15.77 % indirectly
VR Victor Ring Evensen 1982	Board Member	15.77 % indirectly
SG Stian Glendrange 1986	Board Member	15.77 % indirectly
GS Gudmund Schlytter Killi 1976	Managing Director/CEO	15.77 % indirectly
PB Pål Brynsrud 1962	Chairman	15.77 % indirectly
MN Mathias Nikolai Øvreås Wille 1993	-	5.36 % indirectly
WA Wilhelm Anton Mohn 1961	Board Member	5.21 % indirectly
HE Hedvig Elisabeth Næss Olstad 1992	-	1.58 % indirectly
JT Jun Tai-Anisdahl 1990	-	1.58 % indirectly
CE Christiane Elizabeth Carling 1994	-	1.58 % indirectly

Last update: Sep 7, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
B BLANKENBORG AS	Ordinary shares	15,773	15.77 %
G GLENDRANGE INVEST AS	Ordinary shares	15,773	15.77 %
M MANGO HOLDING AS	Ordinary shares	15,773	15.77 %
H HOLMVIN AS	Ordinary shares	15,773	15.77 %
K KMIR AS	Ordinary shares	15,773	15.77 %
L LANGODDEN AS	Ordinary shares	9,464	9.46 %
A AUDENDUM AS	Ordinary shares	5,363	5.36 %
F FISCI AS	Ordinary shares	1,577	1.58 %
L LUCKY CAT INVESTS AS	Ordinary shares	1,577	1.58 %
N NØKKEN AS	Ordinary shares	1,577	1.58 %
A ARABESQUE AS	Ordinary shares	1,577	1.58 %

Shares owned by the CREDO PARTNERS AS

Name	Share class	Total number of shares	Share
W WELMAX INVEST AS Closed	Ordinary shares	1,442	100 %
C CREDO III FEEDER AS	Ordinary shares	30,000	100 %

Last update: Jun 2, 2025

Group structure

CREDO PARTNERS AS
Total operating income 2024: NOK 37,696,098
Operating profit 2024: NOK 2,081,167
Employees: 14

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	37,696,098	38,187,695	41,812,349	33,541,213
Annual Total Result	1,600,004	2,160,642	8,314,451	6,288,129
Total assets	25,514,532	19,009,975	19,964,170	15,714,542
Total liabilities	11,586,571	6,682,019	9,796,856	7,861,679
Total equity	13,927,961	12,327,956	10,167,314	7,852,863

P&L

Year	2024	2023	2022	2021
Total operating income	37,696,098	38,187,695	41,812,349	33,541,213
Total operating costs	35,614,931	35,501,003	31,402,352	25,415,773
Operating result	2,081,167	2,686,692	10,409,997	8,125,440
Financial income/costs	43,625	228,166	269,796	-12,080
Profit before tax	2,124,792	2,914,858	10,679,792	8,113,359
Total tax & extraordinary income/cost	524,788	754,216	2,365,341	1,825,230
Annual Total Result	1,600,004	2,160,642	8,314,451	6,288,129

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	2,320,942	1,947,216	1,748,429	2,162,774
Total current assets	23,193,589	17,062,759	18,215,742	13,551,768
Total assets	25,514,532	19,009,975	19,964,170	15,714,542
Short term debt	11,586,571	6,682,019	9,796,856	7,861,679
Long term debt	0	0	0	0
Total liabilities	11,586,571	6,682,019	9,796,856	7,861,679
Contributed capital	1,439,419	1,439,419	1,439,419	1,439,419
Retained earnings	12,488,542	10,888,537	8,727,895	6,413,444
Total equity	13,927,961	12,327,956	10,167,314	7,852,863
Total equity and liabilities	25,514,532	19,009,975	19,964,170	15,714,542

Classification

21st company classification

BETA

Small company

CREDO PARTNERS AS997 228 405