AS · est 2019OsloParent · 1 subsidiarywas START UP 469 AS →2019
Brreg · companies
headcount series appears after two register changes
Roles from Brreg, shown for business contact only. No birth date is shown or exported (purpose limitation, GDPR Art. 6(1)(f)).
Brreg · company_people
4 registered roles
| Styrets leder | Pål Brynsrud Multiple boards | 2019-07-23 | |
| Styremedlem | Cato Bryn Multiple boards | 2019-07-23 | |
| Styremedlem | Philip Bryn-Haugland Multiple boards | 2019-07-23 | |
| Styremedlem | Stian Glendrange Multiple boards | 2019-07-23 |
NOK, amounts in thousands
filed group accounts (konsernregnskap)
| 2024 | 2025 | ||
|---|---|---|---|
| Revenue | 0 | ||
| Operating result | −2 251 | −2 385 | |
| Result before tax | −4 948 | −5 302 | |
| Net result | −3 532 | −4 135 | |
| Total assets | 159 552 | ||
| Equity | 104 475 |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue | 0 | ||||||
| Operating result | −2 251 | −2 385 | |||||
| Result before tax | −4 948 | −5 302 | |||||
| Net result | −3 532 | −4 135 | |||||
| Total assets | 159 552 | ||||||
| Equity | 104 475 |
| 2024 | 2025 | ||
|---|---|---|---|
| Revenue | 176 083 | 190 653 | |
| Operating result | −10 139 | −6 286 | |
| Result before tax | −16 579 | −18 133 | |
| Net result | −12 777 | −14 066 | |
| Total assets | 192 008 | 181 091 | |
| Equity | 60 160 | 60 093 |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue | 176 083 | 190 653 | |||||
| Operating result | −10 139 | −6 286 | |||||
| Result before tax | −16 579 | −18 133 | |||||
| Net result | −12 777 | −14 066 | |||||
| Total assets | 192 008 | 181 091 | |||||
| Equity | 60 160 | 60 093 |
Regnskapsregisteret · company_revenue · FY2025 (company)
register ledger · money
| 2026-07-28 | reg | accounts_filed: last_annual_accounts_year | 2024 -> 2025 |
| 2024 | 2025 | ||
|---|---|---|---|
| CREDO INVEST NR 16 AS | 22 | 24 | — |
| CAMA AS | 17 | 19 | — |
| CREDO I AS | 16 | 18 | — |
| SYDNEY & CO AS | 14 | 15 | — |
| ROBERTSON CAPITAL AS | 1 | 1 | — |
| CANDY INVEST AS | 1 | 0 | — |
| FALLER HOLDING AS | 0 | 0 | — |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| CREDO INVEST NR 16 AS | 22 | 22 | 22 | 22 | 22 | 24 | — |
| CAMA AS | 17 | 17 | 17 | 17 | 17 | 19 | — |
| CREDO I AS | 16 | 16 | 16 | 16 | 16 | 18 | — |
| SYDNEY & CO AS | 14 | 14 | 14 | 14 | 14 | 15 | — |
| ROBERTSON CAPITAL AS | — | 1 | 1 | 1 | 1 | 1 | — |
| CANDY INVEST AS | 0 | 1 | 1 | 1 | 1 | 0 | — |
| FALLER HOLDING AS | — | 0 | 0 | 0 | 0 | 0 | — |
Aksjonærregisteret · company_ownership · 2025 · both directions
| 2024 | 2025 | 2026 | |
|---|---|---|---|
| auditor REVISJONSPARTNER AS 2026-06-23 | ● | ||
| accountant MGI REGNSKAP AS 2026-06-23 | ● |
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|
| auditor REVISJONSPARTNER AS 2026-06-23 | ● | ||||||
| accountant MGI REGNSKAP AS 2026-06-23 | ● |
Brreg · company_org_roles
No recorded tender wins.
Relevant open tenders — matched · NACE 46.840 ↔ CPVsubscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-20
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
| Mill International AS | 100% | Wholesale of hardware, plumbing and heating equipment and supplies | kr 153.4M |
Aksjonærregisteret · company_ownership · 2025 · both directions
FY2025audit: No reservationsRevisjonspartner AS21 full-time equivalentssigned: Pal Brynsrud, Cato Bryn, Stian Glendrange, Philip Bryn-Haugland
Regnskapsregisteret (årsberetning) · company_annual_reports
19 notes from the report
| Audit opinion | The auditor Revisjonspartner AS issued an unmodified opinion, stating the financial statements comply with applicable legal requirements. | “·oppfyllerarsregnskapet gjeldendelovkrav,” |
| Going concern | The board confirms the accounts are prepared on a going concern basis and that the assumption is present. | “forutsetningen for fortsatt drift er til stede.” |
| Ownership | Shareholders at 31.12 include Credo Invest nr 16 AS with 31.19% of shares and 31.76% of votes, alongside Candy Invest AS. | “Credo Invest nr 16 AS Candy Invest AS 286 267 84 569 5 000 370 836 5 000 31,19 % 0,42 % 31,76 % 0,00 %” |
| Share capital | Share capital consists of A-shares and B-shares totalling NOK 1,188,987 at par value 1.00. | “B-aksjer Sum 1 188 987 287 746 1,00 1188 987 287 746” |
| Loan or financing | The parent carried out a share capital increase of NOK 14,000,000 during 2025 (NOK 280,000 share capital and NOK 13,720,000 share premium). | “Arets resultat Kapitalforhgyelse 280 000 13 720 000 -4 135 285 14 000 000 -4 135 285” |
| Remuneration | Remuneration to the managing director was NOK 1,956,170 in salary and to the board NOK 250,000. | “Ytelser til ledende personer Lpnn 1 956 170 250 000” |
| Pledge or guarantee | Inventory, trade receivables and shares in the subsidiary are pledged as security to Pareto Bank. | “Varebeholdning, kundefordringer og aksjer i datterselskap er stilt som sikkerhet overfor Pareto Bank.” |
| Related party | Intra-group balances: receivables on group companies NOK 14,737,303 and short-term group debt NOK 19,842,883 in 2025. | “Fordringer pa konsernselskap Kortsiktig konserngjeld 14 737 303 19 842 883 15 817 713 1 906 766” |
| Dividend | No dividend; the loss of NOK 4.1 million is proposed transferred from other equity. | “Konsernet har for 2025 hatt et underskudd pa NOK 4,1 millioner, som foreslas overfort fra konsernets” |
| Subsidiary | The group was established when Heat Partners AS acquired 100% of the shares in Mill International AS on 27 June 2019. | “Konsernet ble etablert ved at Heat Partners AS kjpte 100 % av aksjene i Mil International AS 27.06.19.” |
| Staff numbers | The group had 20 employees at year end, 11 women and 9 men; note 2 states 21 man-years for the group. | “Konsernet hadde ved utgangen av aret 20 ansatte, av disse er 11 kvinner og 9 menn.” |
| Staff numbers | The parent company has no employees and no operating activity, and is located in Oslo. | “Heat Partners er lokalisert iOslo kommune,og har ingen ansatte eller operativ drift.” |
| Capitalised R&D | Capitalised development amounts to NOK 27,282,471 at 31.12.2025 within total intangibles of NOK 97,876,305. | “Balansefort verdi pr. 31.12. 0 61 721 264 8193 212 679 357 27 282 471 97 876 305” |
| Other | The group has an approved SkatteFUNN application for 2025 giving a calculated tax deduction of NOK 1,148,735, presented as a receivable. | “Konsernet haren godkjent Skattefunn-sknad for 2025 som gir et beregnet skattefradrag pa kr 1 148 735.” |
| Deferred tax | Deferred tax in Norway is NOK 11,440,578 for the group in 2025 and a deferred tax asset of NOK 2,696,214 for the parent. | “Utsatt skatt i Norge -2 696 214 -1 529 852 11 440 578 14 940 318” |
| Post balance sheet event | No events after the balance sheet date of significance for the assessment of the accounts have occurred. | “Det er ikke inntradt forhold etter regnskapsarets slutt som er av betydning for bedommelsen av” |
| Other | The company has taken out directors' liability insurance for its board. | “Selskapet har tegnet styreansvarsforsikring for selskapets styre.” |
| Other | The subsidiary Mill International AS has carried out due diligence assessments under the Transparency Act. | “Datterselskapet Mill International AS har gjennomfort aktsomhetsvurderinger etter Apenhetsloven og” |
| Other | The group reports an equity ratio of 33.2% and states results in 2025 were as expected. | “egenkapitalandel pa 33,2 %, og resultatene i 2025 var som forventet.” |
registered 2019-03-19
Brreg · companies
register ledger · 20 events
| 2026-07-28 | reg | accounts_filed: last_annual_accounts_year | 2024 -> 2025 |
| 2025-12-31 | report | Audit opinion | The auditor Revisjonspartner AS issued an unmodified opinion, stating the financial statements comply with applicable legal requirements.... |
| 2025-12-31 | report | Going concern | The board confirms the accounts are prepared on a going concern basis and that the assumption is present. — forutsetningen for fortsatt d... |
| 2025-12-31 | report | Ownership | Shareholders at 31.12 include Credo Invest nr 16 AS with 31.19% of shares and 31.76% of votes, alongside Candy Invest AS. — Credo Invest ... |
| 2025-12-31 | report | Share capital | Share capital consists of A-shares and B-shares totalling NOK 1,188,987 at par value 1.00. — B-aksjer Sum 1 188 987 287 746 1,00 118... |
| 2025-12-31 | report | Loan or financing | The parent carried out a share capital increase of NOK 14,000,000 during 2025 (NOK 280,000 share capital and NOK 13,720,000 share premium... |
| 2025-12-31 | report | Remuneration | Remuneration to the managing director was NOK 1,956,170 in salary and to the board NOK 250,000. — Ytelser til ledende personer Lpnn 1 9... |
| 2025-12-31 | report | Pledge or guarantee | Inventory, trade receivables and shares in the subsidiary are pledged as security to Pareto Bank. — Varebeholdning, kundefordringer og ak... |
| 2025-12-31 | report | Related party | Intra-group balances: receivables on group companies NOK 14,737,303 and short-term group debt NOK 19,842,883 in 2025. — Fordringer pa kon... |
| 2025-12-31 | report | Dividend | No dividend; the loss of NOK 4.1 million is proposed transferred from other equity. — Konsernet har for 2025 hatt et underskudd pa NOK 4,... |
| 2025-12-31 | report | Subsidiary | The group was established when Heat Partners AS acquired 100% of the shares in Mill International AS on 27 June 2019. — Konsernet ble eta... |
| 2025-12-31 | report | Staff numbers | The group had 20 employees at year end, 11 women and 9 men; note 2 states 21 man-years for the group. — Konsernet hadde ved utgangen av a... |
| 2025-12-31 | report | Staff numbers | The parent company has no employees and no operating activity, and is located in Oslo. — Heat Partners er lokalisert iOslo kommune,og har... |
| 2025-12-31 | report | Capitalised R&D | Capitalised development amounts to NOK 27,282,471 at 31.12.2025 within total intangibles of NOK 97,876,305. — Balansefort verdi pr. 31.12... |
| 2025-12-31 | report | Other | The group has an approved SkatteFUNN application for 2025 giving a calculated tax deduction of NOK 1,148,735, presented as a receivable. ... |
| 2025-12-31 | report | Deferred tax | Deferred tax in Norway is NOK 11,440,578 for the group in 2025 and a deferred tax asset of NOK 2,696,214 for the parent. — Utsatt skatt i... |
| 2025-12-31 | report | Post balance sheet event | No events after the balance sheet date of significance for the assessment of the accounts have occurred. — Det er ikke inntradt forhold e... |
| 2025-12-31 | report | Other | The company has taken out directors' liability insurance for its board. — Selskapet har tegnet styreansvarsforsikring for selskapets styre. |
| 2025-12-31 | report | Other | The subsidiary Mill International AS has carried out due diligence assessments under the Transparency Act. — Datterselskapet Mill Interna... |
| 2025-12-31 | report | Other | The group reports an equity ratio of 33.2% and states results in 2025 were as expected. — egenkapitalandel pa 33,2 %, og resultatene i 20... |
Skiwo · company_events