ALGOTRADE AS
Operating
Utvikling av algoritmer for handel på online trading plattformer, samt
utleie av tradingalgoritmer til kunder for privat trading. Investering
i aksjer og andre tradingprodukter.
Utvikle tradingalgoritmer; hovedsakelig for CFD-produkter, men også
andre handelsinstrumenter. Tradingalgoritmene som utvikles, er
kompatible med online handelsplattformer. Kodene skrives slik at de
kan kommunisere med online handelsplattformer - slik at algoritmene
kan utføre automatiske handler. Algotrade AS kan benytte algoritmene
som utvikles i selskapet til å foreta investeringer. Algotrade AS kan
leie ut tradingalgoritmene til kunder via nettsiden algotrade.org. Vi
vil aldri investere for kunder, eller fungere som en finansiell
rådgiver for kunder.
Organization
- CEO
- ØS
Øystein Sæveland1986
- Chairman of the board
- MO
Mohamad Obeid1981
- Years since formation
- 6 years
- since Nov 14, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 11,935
- 1 share class
- Total number of shareholders
- 4
- 1 company, 3 persons
Financials
- Total operating income 2024
- -2
- NOK
- Annual total result 2024
- -315,156
- NOK
- Total equity 2024
- 198,788
- NOK
Last update: Oct 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ØS 1986 | Managing Director/CEO | 45.03 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MO 1981 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ØS 1986 | Managing Director/CEO | 45.03 % directly |
AS 1981 | - | 31.38 % directly |
JH | - | 20.54 % directly |
AK | - | 3.06 % indirectly |
Last update: Sep 30, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
ØS 1986 | Ordinary shares | 5,374 | 45.03 % |
AS 1981 | Ordinary shares | 3,745 | 31.38 % |
JH | Ordinary shares | 2,451 | 20.54 % |
| Ordinary shares | 365 | 3.06 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | -2 | 131,353 | 121,409 | 586,387 |
Annual Total Result | -315,156 | -244,211 | -981,469 | 465,189 |
Total assets | 1,455,828 | 1,821,295 | 1,648,613 | 804,517 |
Total liabilities | 1,257,041 | 97,350 | 2,124,900 | 299,334 |
Total equity | 198,788 | 1,723,945 | -476,287 | 505,182 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | -2 | 131,353 | 121,409 | 586,387 |
Total operating costs | 287,008 | 540,358 | 1,012,179 | 52,534 |
Operating result | -287,010 | -409,005 | -890,770 | 533,853 |
Financial income/costs | -28,146 | 164,794 | -90,580 | 62,696 |
Profit before tax | -315,156 | -244,211 | -981,350 | 596,549 |
Total tax & extraordinary income/cost | 0 | 0 | 119 | 131,360 |
Annual Total Result | -315,156 | -244,211 | -981,469 | 465,189 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 1,455,828 | 1,821,295 | 1,648,613 | 804,517 |
Total assets | 1,455,828 | 1,821,295 | 1,648,613 | 804,517 |
Short term debt | 1,257,041 | 97,350 | 170,938 | 299,334 |
Long term debt | 0 | 0 | 1,953,962 | 0 |
Total liabilities | 1,257,041 | 97,350 | 2,124,900 | 299,334 |
Contributed capital | 1,030,286 | 2,555,443 | 111,000 | 105,430 |
Retained earnings | -831,498 | -831,498 | -587,287 | 399,752 |
Total equity | 198,788 | 1,723,945 | -476,287 | 505,182 |
Total equity and liabilities | 1,455,829 | 1,821,295 | 1,648,613 | 804,516 |
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises