Private · Company · Aksjeselskap
Xo Topco AS
↳ Brreg · companies
Group financialsNOK
One filed year on record — the trend appears when a second year is published.
Regnskapsregisteret · company_revenue
Job ads on NAV Arbeidsplassen12 MO
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
Public contracts · won → est. expiryaward dates from Doffin/TED · hatched = our estimate, end dates aren't published
0 wins
Doffin/TED · company_tender_wins
Key figuresBrønnøysund
FY21FY22FY23FY24TREND
Revenue—0M0M——
Operating result-11M0M0M0M
Net result-11M0M0M0M
Regnskapsregisteret · company_revenue
MoneyNOK
Revenue
—
Operating result
−kr 211k
Net result
−kr 257k
Total assets
kr 229.9M
Equity
kr 229.4M
FY2023 kr 0 vs FY2022 kr 0 · revenue
Regnskapsregisteret · company_financials · FY2024 (company)
Activitylast 24 mo
No job-ad activity on file
totals on file · ads-over-time series not yet in Intelligo
Registry changes
No recorded changes.
NAV + JobStream · company_hiring · Brreg · company_changes
From the FY2024 accounts
FILEDAccounts filed for FY2024.
AUDITAudited by ERNST & YOUNG AS.
BALANCEEquity kr 229.4M.
Regnskapsregisteret + Brreg roles · the annual-report PDF is a paid Brønnøysund document, so these are the filed facts, not extracted prose
Timelineall sources
Audit opinionErnst & Young AS issued an unmodified audit opinion on both the company and consolidated accounts. — Vi har gjennomfort revisjonen i sams...Annual report · 2024-12-31
Audit opinionThe auditor had nothing to report regarding the board's report consistency with the accounts. — fremstar som vesentig feil. Vi har ingent...Annual report · 2024-12-31
Loan or financingThe group, through XO Bidco AS, has a loan from Sparebank 1 Sør-Norge of NOK 188,340,788 maturing 20.06.2026. — Konsernet, gjennom selska...Annual report · 2024-12-31
Loan or financingThe loan covenants were breached at 31.12.2024 because of high adjustments for one-off costs in 2024. — Per 31.12.2024 var ike kravene i ...Annual report · 2024-12-31
Loan or financingThe bank granted a waiver for the covenant breach for 2024 and relevant 2025 periods. — Banken har godkjent waiver for dette for 2024Annual report · 2024-12-31
Pledge or guaranteeThe bank loan is secured by first-priority pledges over 100% of the shares in XO Bidco AS and Cloud Connection AS. — prioritets pant i 10...Annual report · 2024-12-31
Pledge or guaranteeCloud Connection AS has established a tax withholding guarantee of NOK 5,000,000. — Cloud Connection AS har etablert en skattetrekksgaran...Annual report · 2024-12-31
RemunerationNo board fee was paid in the parent company in 2024, while subsidiaries expensed board fees of TNOK 519. — datterselskapene er det i 2024...Annual report · 2024-12-31
RemunerationThe parent has no managing director; group management is handled by the management of subsidiary Cloud Connection AS. — Det er ingen dagl...Annual report · 2024-12-31
RemunerationThe chair has no agreements on bonuses, profit sharing or severance for the position. — Styreleder har ingen avtaler om bonuser, overskud...Annual report · 2024-12-31
Related partyNo loans or security have been granted to managing directors or board members. — Det er ikke gitt lan eller sikkerhetsstillelser til dagl...Annual report · 2024-12-31
Related partyThe parent has long-term intra-group debt to XO Holdco AS and Cloud Connection AS. — Annen langsiktig gjeld konsern ti XO Holdco AS (lan)Annual report · 2024-12-31
Share capitalShare capital at 31.12.2024 consists of 2,411,682 ordinary shares of NOK 1.00. — Aksjekapitalen pr.31.12.2024 bestar avAnnual report · 2024-12-31
OwnershipEquip Capital Fund LP holds 67% of the shares in XO Topco AS, with Cubera IX LP and Bluester Fund IV as other owners. — Equip Capital Fun...Annual report · 2024-12-31
SubsidiaryThe group consists of XO Holdco AS, XO Bidco AS, Cloud Connection AS and Nordic Cloud Connection AB. — XO Topco AS konsernet bestar av da...Annual report · 2024-12-31
Sale processCloud Connection AS sold its 35% shareholding (52,500 shares) in the associate Cloud Controller AS in 2024. — Cloud Connection AS hari202...Annual report · 2024-12-31
Staff numbersThe group employed on average 160 full-time equivalents in 2024 (157 in 2023). — Konsernet hari 2024 sysselsatt i gjennomsnitt 160 arsverk.Annual report · 2024-12-31
Staff numbersThe parent company had no employees in 2024, while the group averaged 160 FTEs, of which 61 women and 99 men. — Gjennom 2024 har morselsk...Annual report · 2024-12-31
Capitalised R&DDevelopment costs are mainly expensed as incurred in the group; the subsidiary had a larger R&D project approved for Skattefunn in 2024. ...Annual report · 2024-12-31
OtherA Skattefunn/public grant reduced payroll costs by TNOK 684 in the group. — LonnskostnadererredusertmedTNoK684.Annual report · 2024-12-31
Deferred taxDeferred tax is calculated at 22% on temporary differences; the group carries deferred tax of NOK 9,733,305 in the balance sheet. — Utsat...Annual report · 2024-12-31
Post balance sheet eventNo events after the balance sheet date materially affecting the company's or group's financial position. — Det har ike vaert andre hendel...Annual report · 2024-12-31
OtherThe company has taken out directors' and officers' liability insurance considered adequate and in line with market practice. — Selskapet ...Annual report · 2024-12-31
OtherThe parent posted a loss of NOK 256,740 and the group a loss of NOK 43,261,527 for 2024. — Arsregnskapet viser et underskudd for morselsk...Annual report · 2024-12-31
OtherCloud Connection AS got a new managing director on 1 June 2024. — Cloud Connection AS fikk ny daglig leder 1. juni 2024.Annual report · 2024-12-31
Audit opinionEY issues an unmodified opinion on the company and group accounts for 2023. — Ettervar mening oppfyllerarsregnskapet gjeldende lovkrav og...Annual report · 2023-12-31
Going concernThe board states the going concern assumption has been applied in preparing the accounts. — denne forutsetningen er lagt til grunn ved ut...Annual report · 2023-12-31
Staff numbersThe parent has no employees while the group averaged 157 full-time equivalents in 2023. — Gjennom 2023 har morselskapet ingen ansatte, me...Annual report · 2023-12-31
Staff numbersNote 2 confirms the group employed on average 157 FTEs in 2023. — Konsernet hari 2023 sysselsatt i gjennomsnitt 157 arsverk.Annual report · 2023-12-31
Share capitalShare capital consists of 2,411,682 ordinary shares of NOK 1.00 each. — Ordinaere aksjer 2,411,682 1.00 2,411,682Annual report · 2023-12-31
Skiwo · company_events
Tenders0 wins · 0 losses
No recorded tender wins.
Relevant open tenders — matched NACE 64.312 ↔ CPV
subscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-03
People2 roles
registered roles only · website-employee lookup awaits the crawler
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
Structure
No corporate shareholders recorded.
Aksjonærregisteret · company_ownership · both directions
LocationOslo
Oslo
municipality only · street address + coordinates not yet in Intelligo
Brreg · registered municipality