CREDO PARTNERS AS
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.
Keywords
portfolio managementwealth managementdefined contribution pension fundsmanagement companiessecurities funds
Organization
- CEO
- GK
- Chairman of the board
- PB
Pål Brynsrud1962
- Years since formation
- 13 years
- since Aug 17, 2011
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 13
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 2023
- 38,187,695
- NOK
- Annual total result 2023
- 2,160,642
- NOK
- Total equity 2023
- 12,327,956
- NOK
Last update: Oct 14, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GK | Managing Director/CEO | 16.56 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
PB 1962 | Chairman | 16.56 % indirectly |
WA | Board Member | 5.46 % indirectly |
RK 1960 | Board Member | - |
VE | Board Member | 16.56 % indirectly |
SG 1986 | Board Member | 16.56 % indirectly |
PP | Board Member | 16.56 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
PP | Board Member | 16.56 % indirectly |
VE | Board Member | 16.56 % indirectly |
SG 1986 | Board Member | 16.56 % indirectly |
GK | Managing Director/CEO | 16.56 % indirectly |
PB 1962 | Chairman | 16.56 % indirectly |
WA | Board Member | 5.46 % indirectly |
| - | 1.66 % indirectly | |
JT 1990 | - | 1.66 % indirectly |
| - | 1.66 % indirectly | |
AM | - | 1.49 % indirectly |
Last update: Sep 7, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 16,556 | 16.56 % | |
| Ordinary shares | 16,556 | 16.56 % | |
| Ordinary shares | 16,556 | 16.56 % | |
| Ordinary shares | 16,556 | 16.56 % | |
| Ordinary shares | 16,556 | 16.56 % | |
| Ordinary shares | 9,934 | 9.93 % | |
| Ordinary shares | 1,656 | 1.66 % | |
| Ordinary shares | 1,656 | 1.66 % | |
| Ordinary shares | 1,656 | 1.66 % | |
| Ordinary shares | 1,159 | 1.16 % | |
| Ordinary shares | 1,159 | 1.16 % |
Shares owned by the CREDO PARTNERS AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,442 | 100 % | |
| Ordinary shares | 30,000 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 38,187,695Operating profit 2023: NOK 2,686,692Employees: 13
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 38,187,695 | 41,812,349 | 33,541,213 |
Annual Total Result | 2,160,642 | 8,314,451 | 6,288,129 |
Total assets | 19,009,975 | 19,964,170 | 15,714,542 |
Total liabilities | 6,682,019 | 9,796,856 | 7,861,679 |
Total equity | 12,327,956 | 10,167,314 | 7,852,863 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 38,187,695 | 41,812,349 | 33,541,213 |
Total operating costs | 35,501,003 | 31,402,352 | 25,415,773 |
Operating result | 2,686,692 | 10,409,997 | 8,125,440 |
Financial income/costs | 228,166 | 269,796 | -12,080 |
Profit before tax | 2,914,858 | 10,679,792 | 8,113,359 |
Total tax & extraordinary income/cost | 754,216 | 2,365,341 | 1,825,230 |
Annual Total Result | 2,160,642 | 8,314,451 | 6,288,129 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,947,216 | 1,748,429 | 2,162,774 |
Total current assets | 17,062,759 | 18,215,742 | 13,551,768 |
Total assets | 19,009,975 | 19,964,170 | 15,714,542 |
Short term debt | 6,682,019 | 9,796,856 | 7,861,679 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 6,682,019 | 9,796,856 | 7,861,679 |
Contributed capital | 1,439,419 | 1,439,419 | 1,439,419 |
Retained earnings | 10,888,537 | 8,727,895 | 6,413,444 |
Total equity | 12,327,956 | 10,167,314 | 7,852,863 |
Total equity and liabilities | 19,009,975 | 19,964,170 | 15,714,542 |
Classification
Category
Type of organization
Limited company
Standard industrial classification
K
Main industrial area
Financial and insurance activities
66
Activity
Activities auxiliary to financial services and insurance activities
66.3
Main industrial group
Fund management activities
66.30
Industrial group
Fund management activities
66.300
Industrial group
Fund management activities