Credo Iii AS

930 320 099 ↗Other investment companies, except captive companies
identity
AS · est 2022OsloParent · 2 subsidiaries
Brreg · companies
Employees
CEO · since
Chair · since2023-10-20Gudmund Schlytter Killi
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
6 registered roles
Styrets lederGudmund Schlytter Killi Multiple boards2023-10-20
StyremedlemPål Brynsrud Multiple boards2023-10-20
StyremedlemVictor Ring Evensen Multiple boards2023-10-20
StyremedlemStian Glendrange Multiple boards2023-10-20
StyremedlemWilhelm Anton Mohn Multiple boards2023-10-20
StyremedlemPål Hardersen Prydz Multiple boards2023-10-20
NOK, amounts in thousands
20242025
Revenue
Operating result−7 742
Result before tax−876
Net result−876
Total assets37 236
Equity120
202020212022202320242025
Revenue
Operating result−10−7 742
Result before tax−10−876
Net result0−10−876
Total assets099437 236
Equity0964120
Regnskapsregisteret · company_revenue · FY2024 (company)
register ledger · money
2026-08-12regaccounts_filed: last_annual_accounts_year2024 -> 2025
20242025
CREDO PARTNERS AS
BLANKENBORG AS 1615
GLENDRANGE INVEST AS 1615
HOLMVIN AS 1615
KMIR AS 1615
MANGO HOLDING AS 1615
LANGODDEN AS 99
AUDENDUM AS 55
FISCI AS 22
LUCKY CAT INVESTS AS 20
+ 4 smaller holders
202020212022202320242025
CREDO PARTNERS AS 100
BLANKENBORG AS 161615
GLENDRANGE INVEST AS 161615
HOLMVIN AS 161615
KMIR AS 161615
MANGO HOLDING AS 161615
LANGODDEN AS 1099
AUDENDUM AS 255
FISCI AS 222
LUCKY CAT INVESTS AS 220
+ 4 smaller holders
Aksjonærregisteret · company_ownership · 2025 · both directions
register ledger · owners
2023-12-31own+KMIR AS acquired 16.3 pct
2023-12-31own+MANGO HOLDING AS acquired 16.3 pct
2023-12-31own+GLENDRANGE INVEST AS acquired 16.3 pct
stewards
202420252026
auditor ERNST & YOUNG AS 2026-06-23
accountant PERMIAN BUSINESS PARTNER AS 2026-06-23
2020202120222023202420252026
auditor ERNST & YOUNG AS 2026-06-23
accountant PERMIAN BUSINESS PARTNER AS 2026-06-23
Brreg · company_org_roles
tenders
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 · 2026-08-17
hiring
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
group · owns
Group revenue —Group net kr -878kTenders won 0Rolled up across the parent + 2 subsidiaries — Project Scale Holdco AS alone is —.
rollup estimate · filed konsernregnskap not yet in Intelligo
Project Scale Holdco AS 77.7%
Noble Holdco AS 54.8%Other investment companies, except captive companies
Credo Cyber Holding AS 0.5%
Accelerate Holdco AS 0.3%
Aksjonærregisteret · company_ownership · 2025 · both directions
Portfolio · resolved to end-investments25 companies6 holdco layersShow flat list
CompanyStakeRevenueResultEmpLast event
ACCELERATE HOLDCO AS 74.4%reg · 2026-08-13
ACCELERATE TOPCO AS via 1 layer39.4%kr -51kreg · 2026-07-28
ACCELERATE EMPLOYEECO AS via 2 layers27.6%kr 0kr -28kreport · 2025-12-31
ACCELERATE MIDCO AS via 2 layers37.1%kr 0kr -47kreport · 2025-12-31
ACCELERATE BIDCO AS via 3 layers37.1%kr -1.14Mreport · 2025-12-31
ADDOVATION AS via 4 layers37.1%kr 133.1Mkr 17.9M66reg · 2026-08-13
ACCELERATE MIPCO AS via 2 layers22.5%
NIT HOLDING AS via 5 layers14.1%kr 0kr -33kreg · 2026-08-13
NOBLE HOLDCO AS 57.8%reg · 2026-08-12
NOGVA MIDCO AS via 2 layers28.1%kr -4kreg · 2026-08-12
NOGVA GROUP AS via 3 layers28.1%kr -4kreg · 2026-08-12
NOGVA MOTORFABRIKK AS via 4 layers28.1%kr 575.5Mkr 69.9M121reg · 2026-08-13
MARINE PARTS & PROPULSION AS via 5 layers28.1%kr 68.5Mkr 1.37M18reg · 2026-07-18
NOGVA HEIMDAL PROPULSION AS via 5 layers28.1%kr 52.2Mkr -1.92M15reg · 2026-08-13
NOGVA INVEST AS via 5 layers28.1%kr 2.91Mkr 1.57Mreg · 2026-08-11
NOGVA SVOLVÆR A/S via 5 layers28.1%kr 24.1Mkr 3.46M10reg · 2026-08-11
NOGVA MIPCO AS via 2 layers10.4%reg · 2026-08-12
NOGVA TOPCO AS via 1 layer29.5%kr -1kreg · 2026-08-11
NOGVA EMPLOYEECO AS via 2 layers26.3%reg · 2026-08-11
PROJECT SCALE HOLDCO AS 77.7%kr -1kreg · 2026-08-11
PROJECT SCALE MIDCO AS via 2 layers42.1%kr 0kr -102kreg · 2026-07-17
ANTIRE AS via 3 layers42.1%kr 0kr -16.5M73reg · 2026-08-13
PROJECT SCALE MIPCO AS via 2 layers26.4%kr 0kr -94kreg · 2026-07-17
PROJECT SCALE TOPCO AS via 1 layer46.7%kr -2.48Mreg · 2026-07-17
ANTIRE EMPLOYEECO AS via 2 layers37.2%
Aksjonærregisteret edges · portfolio_edges · latest cap table
Portfolio timeline25 companies
2026-08-13regANTIRE AS — employees_change: employees76 -> 73
2026-08-13regADDOVATION AS — employees_change: employees67 -> 66
2026-08-13regNOGVA HEIMDAL PROPULSION AS — employees_change: employees16 -> 15
2026-08-13regNOGVA MOTORFABRIKK AS — employees_change: employees120 -> 121
2026-08-13regNIT HOLDING AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-13regACCELERATE HOLDCO AS — accounts_filed: last_annual_accounts_year2025
2026-08-12regNOGVA MIDCO AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-12regNOBLE HOLDCO AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-12regNOGVA GROUP AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-12regNOGVA MIPCO AS — accounts_filed: last_annual_accounts_year2025
2026-08-11regNOGVA MOTORFABRIKK AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-11regNOGVA HEIMDAL PROPULSION AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-11regPROJECT SCALE HOLDCO AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-11regADDOVATION AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-11regNOGVA INVEST AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-11regNOGVA TOPCO AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-11regNOGVA EMPLOYEECO AS — accounts_filed: last_annual_accounts_year2025
2026-08-11regNOGVA SVOLVÆR A/S — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-08-03regANTIRE AS — accounts_filed: last_annual_accounts_year2024 -> 2025
2026-07-28regACCELERATE TOPCO AS — accounts_filed: last_annual_accounts_year2025
2026-07-25regNOGVA MOTORFABRIKK AS — employees_change: employees113 -> 120
2026-07-25regNOGVA TOPCO AS — name_change: nameNOGVA HOLDCO AS -> NOGVA TOPCO AS
2026-07-24regNOGVA TOPCO AS — field_change: vedtektsdato2026-01-02 -> 2026-06-23
2026-07-24regNOGVA TOPCO AS — field_change: historiskeNavn[{"fraDato": "2023-11-10 10:50:59", "navn": "NFH 231033 AS", "tilDato": "2024-12-31 13:10:53"}, {"fraDato": "2024-12-31 13:10:53", "navn"...
2026-07-24regNOGVA TOPCO AS — name_change: navnNOGVA HOLDCO AS -> NOGVA TOPCO AS
2026-07-18regMARINE PARTS & PROPULSION AS — accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025
2026-07-17regNOGVA MOTORFABRIKK AS — field_change: registreringsdatoAntallAnsatteEnhetsregisteret2026-06-13 -> 2026-07-15
2026-07-17regPROJECT SCALE MIDCO AS — accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025
2026-07-17regNOGVA MOTORFABRIKK AS — field_change: registreringsdatoAntallAnsatteNAVAaregisteret2026-06-10 -> 2026-07-10
2026-07-17regPROJECT SCALE TOPCO AS — accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025
2026-07-17regPROJECT SCALE MIPCO AS — accounts_filed: sisteInnsendteAarsregnskap2024 -> 2025
2026-07-17regNOGVA MOTORFABRIKK AS — employee_change: antallAnsatte113 -> 120
2026-07-07regPROJECT SCALE TOPCO AS — field_change: vedtektsdato2025-08-08 -> 2026-04-16
2026-07-07regPROJECT SCALE TOPCO AS — field_change: kapital{"antallAksjer": 245054302, "belop": 2450543.02, "innfortDato": "2025-09-10", "type": "Aksjekapital", "valuta": "NOK"} -> {"antallAksjer"...
2026-06-19regANTIRE AS — field_change: registreringsdatoAntallAnsatteNAVAaregisteret2026-05-10 -> 2026-06-10
2026-06-19regANTIRE AS — employee_change: antallAnsatte81 -> 76
2026-06-19regANTIRE AS — field_change: registreringsdatoAntallAnsatteEnhetsregisteret2026-05-12 -> 2026-06-13
2026-06-16regNOGVA MOTORFABRIKK AS — field_change: registreringsdatoAntallAnsatteEnhetsregisteret2026-05-12 -> 2026-06-13
2026-06-16regNOGVA MOTORFABRIKK AS — field_change: registreringsdatoAntallAnsatteNAVAaregisteret2026-05-10 -> 2026-06-10
2026-06-16regNOGVA MOTORFABRIKK AS — employee_change: antallAnsatte110 -> 113
Showing the 40 most recent events
Skiwo · company_events
FY2024audit: No reservationsErnst & Young AS0 full-time equivalentssigned: Gudmund Schlytter Killi, Pal Brynsrud, Victor Ring Evensen, Stian Glendrange, Wilhelm Anton Mohn, Pal Hardersen Prydz
Regnskapsregisteret (årsberetning) · company_annual_reports
15 notes from the report
Audit opinionErnst & Young AS issued an unmodified (clean) independent auditor's report on the 2024 financial statements.“We have audited thefinancial statementsof CredollAS(the Company),which comprise thebalance”
Going concernThe board confirms the going concern assumption is present and used as basis for the accounts.“regarding continued operation are present and used as a basis for the preparation of the accounts.”
RemunerationNo board fees or other remuneration were paid to leading persons in 2024, and no bonus agreements exist.“No board fees or other remuneration have been paid to leading persons in 2024. Nor have agreements been entered”
Staff numbersThe company had no employees and no payroll costs in 2024 (0 årsverk).“The company has no payrollcosts. There have been no employees in the company in 2024.”
Pledge or guaranteeNo loans or guarantees have been given to or on behalf of leading persons.“No loans have been given to or guarantees given on behalf of leading people in the company.”
Share capitalShare capital at 31.12.2024 is NOK 104 910 divided into 10 491 ordinary shares of nominal NOK 10, after a capital change resolved at EOGM 11.10.24.“The share capital in Credo Ill AS as of 31.12 consists of: Total Face value Entered”
OwnershipThe company is owned by several holding companies, the largest holding 15.5% each (Blankenborg AS, Holmvin AS, Glendrange Invest AS, Mango Holding AS, Kmir AS).“The largest shareholders in % at year end: Ordinary Ownerinterest Share of votes”
SubsidiaryThe company is General Partner of Credo III IS and holds investments including Noble Holdco AS (100%) and Credo Cyber Holding AS (39.92%).“Investment in IS Ownership Fair Value Cost Value 2024”
ImpairmentA write-down of 312 444 was recognised in 2024 relating to reduced fair value in Cyber Holding.“There is a total write down of 312 444 in 2024, the write down relates to a reduced fair value in Cyber Holding”
ImpairmentA further write-down of 861 509 was recognised in 2024 relating to reduced fair value in Cyber Holding and its investment in Credo III IS.“There is a total write down of 861 509 in 2024, the write down relates to a reduced fair value in Cyber Holding and”
Related partyManagement fees were paid to related party Credo Partners AS, of which 404 347 was capitalised as transaction cost.“Management fee -capitalized as transaction cost 404 347”
Post balance sheet eventThe board states no events after the financial year end are of significance in assessing the accounts.“Nor have circumstances occured after the end of the financial year that,”
Deferred taxDeferred tax benefit on tax losses carried forward (81 927) is not recognised; deferred tax in the balance sheet is nil.“All temporary differences canbe offset and this is implemented in the calculation of deferred tax/deferred tax benefit.”
OtherThe Norwegian Tax Administration granted the company dispensation to prepare the annual accounts and board report in English.“Tillatelsetilautarbeidearsregnskapogarsberetningpaengelskfor”
Loan or financingCalled capital from silent participants excluding share capital amounted to 42 016 527, with net debt to silent participants of 34 401 287.“Called capital silent participants excl. share capital 42 016 527”
register
registered 2022-11-28
Brreg · companies
register ledger · 30 events
2026-08-12regaccounts_filed: last_annual_accounts_year2024 -> 2025
2024-12-31reportAudit opinionErnst & Young AS issued an unmodified (clean) independent auditor's report on the 2024 financial statements. — We have audited thefinanci...
2024-12-31reportGoing concernThe board confirms the going concern assumption is present and used as basis for the accounts. — regarding continued operation are presen...
2024-12-31reportRemunerationNo board fees or other remuneration were paid to leading persons in 2024, and no bonus agreements exist. — No board fees or other remuner...
2024-12-31reportStaff numbersThe company had no employees and no payroll costs in 2024 (0 årsverk). — The company has no payrollcosts. There have been no employees in...
2024-12-31reportPledge or guaranteeNo loans or guarantees have been given to or on behalf of leading persons. — No loans have been given to or guarantees given on behalf of...
2024-12-31reportShare capitalShare capital at 31.12.2024 is NOK 104 910 divided into 10 491 ordinary shares of nominal NOK 10, after a capital change resolved at EOGM...
2024-12-31reportOwnershipThe company is owned by several holding companies, the largest holding 15.5% each (Blankenborg AS, Holmvin AS, Glendrange Invest AS, Mang...
2024-12-31reportSubsidiaryThe company is General Partner of Credo III IS and holds investments including Noble Holdco AS (100%) and Credo Cyber Holding AS (39.92%)...
2024-12-31reportImpairmentA write-down of 312 444 was recognised in 2024 relating to reduced fair value in Cyber Holding. — There is a total write down of 312 444 ...
2024-12-31reportImpairmentA further write-down of 861 509 was recognised in 2024 relating to reduced fair value in Cyber Holding and its investment in Credo III IS...
2024-12-31reportRelated partyManagement fees were paid to related party Credo Partners AS, of which 404 347 was capitalised as transaction cost. — Management fee -cap...
2024-12-31reportPost balance sheet eventThe board states no events after the financial year end are of significance in assessing the accounts. — Nor have circumstances occured a...
2024-12-31reportDeferred taxDeferred tax benefit on tax losses carried forward (81 927) is not recognised; deferred tax in the balance sheet is nil. — All temporary ...
2024-12-31reportOtherThe Norwegian Tax Administration granted the company dispensation to prepare the annual accounts and board report in English. — Tillatels...
2024-12-31reportLoan or financingCalled capital from silent participants excluding share capital amounted to 42 016 527, with net debt to silent participants of 34 401 28...
2023-12-31reportAudit opinionErnst & Young AS issued an unmodified audit opinion on the financial statements, audited under ISAs. — We conducted our audit in accordan...
2023-12-31reportGoing concernThe board confirms the going concern assumption is present and used as a basis for the accounts. — In accordance with section § 3-3a of t...
2023-12-31reportRemunerationNo board fees or other remuneration were paid to leading persons in 2023, and no bonus agreements exist. — No board fees or other remuner...
2023-12-31reportStaff numbersThe company had no employees and no payroll costs in 2023. — The company has no payroll costs. There have been no employees in the compan...
2023-12-31reportShare capitalShare capital at 31.12.2023 consists of 10 002 ordinary shares of nominal NOK 10, i.e. NOK 100 020. — The share capital in Credo ll AS as...
2023-12-31reportOwnershipThe company is owned by Norwegian companies; its purpose is to invest in and own shares and other financial instruments. — CredollAS erei...
2023-12-31reportRelated partyNote discloses services from related party Credo Partners AS, with management fee capitalised as transaction cost (nil in 2023). — Manage...
2023-12-31reportPost balance sheet eventThe board states no events after the financial year end are of significance in assessing the accounts. — Norhave circumstances occurred a...
2023-12-31reportDeferred taxDeferred tax benefit on temporary differences (NOK -36 127, benefit NOK -7 948) is fully reduced and not recognised in the balance sheet....
2023-12-31reportOtherBoard liability insurance has been taken out for board members and the general manager. — Board liability insurance has been signed for b...
2023-12-31reportOtherThe Norwegian Tax Administration granted permission to prepare the annual accounts and board report in English. — Tillatelsetilautarbeide...
2023-12-31own+KMIR AS acquired 16.3 pct
2023-12-31own+MANGO HOLDING AS acquired 16.3 pct
2023-12-31own+GLENDRANGE INVEST AS acquired 16.3 pct
Skiwo · company_events