Private · Company · Aksjeselskap
CREDO INVEST NR 8 AS
↳ Brreg · companies
MoneyNOK
Revenue
—
Operating result
−kr 856k
Net result
kr 6.31M
Total assets
kr 33.4M
Equity
kr 29.2M
one filed year on record · the trend appears when the next year is filed
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
Portfolio timeline2 companies
INCUMEDIC AS — MADE FOR MOVEMENT GROUP AS exited (held 50.0 pct)Owner exit · 2025-12-31
INCUMEDIC AS — MFM HOLDING AS acquired 50.0 pctNew owner · 2025-12-31
MFM HOLDING AS — Sale processThe board notes ongoing strategic dialogues. — Det er ogsa pagaende strategiske dialoger.Annual report · 2024-12-31
MFM HOLDING AS — Post balance sheet eventMade for Movement Group AS continuously monitors and assesses measures related to the financial situation. — Made for Movement Group AS j...Annual report · 2024-12-31
MFM HOLDING AS — Staff numbersThe parent company had no employees in 2024 (group had 68 man-years). — MFM Holding AS har ingen ansatte i 2024.Annual report · 2024-12-31
MFM HOLDING AS — Staff numbersThe parent company has no employees, per the board's report. — Morselskapet har ingen ansatte.Annual report · 2024-12-31
MFM HOLDING AS — Share capitalRegistered share capital at 31.12.24 was NOK 113,234 divided into 1,117,787 A-shares and 14,550 B-shares of NOK 0.10. — Morselskapets reg...Annual report · 2024-12-31
MFM HOLDING AS — Share capitalAn extraordinary general meeting on 20 November 2024 resolved a capital increase of TNOK 13,831, registered in the Register of Business E...Annual report · 2024-12-31
MFM HOLDING AS — OwnershipThe shareholder list at 31.12.24 is disclosed, headed by Credo Invest nr 8 AS with 47.50 %. — Aksjonaerene iselskapet pr.31.12.24 var:Annual report · 2024-12-31
MFM HOLDING AS — SubsidiaryThe company's main activity is managing its investment in Made for Movement Group AS (97.7 % owned). — Hovedvirksomhetenera forvalte inve...Annual report · 2024-12-31
MFM HOLDING AS — Related partyRelated-party transactions, including a management agreement from Credo Partners AS, were carried out on market terms. — Alle transaksjon...Annual report · 2024-12-31
MFM HOLDING AS — Loan or financingGroup liquidity has been strained during the year. — LikviditetentilKonsermetharvaert presset.Annual report · 2024-12-31
MFM HOLDING AS — Pledge or guaranteeDebt to credit institutions falls due in full within five years after year end. — Gjeld til kredittinstitusjon forfaller i sin helhet til...Annual report · 2024-12-31
MFM HOLDING AS — Capitalised R&DAdditions to R&D and software include TNOK 1,855 of capitalised own payroll, reduced by TNOK 532 of SkatteFUNN grants. — TilgangFoUog Sof...Annual report · 2024-12-31
MFM HOLDING AS — RemunerationRemuneration to the group's daglig leder was TNOK 1,913 in salary with TNOK 88 pension cost. — Lonn Pensjonsutgifter - 1913 88Annual report · 2024-12-31
MFM HOLDING AS — OtherThe negative operating result is partly attributed to amortisation of excess values arising from the December 2014 acquisition. — million...Annual report · 2024-12-31
MFM HOLDING AS — Deferred taxThe group recognises a net deferred tax asset of TNOK 6,674 after limiting recognition by TNOK 5,831. — Bokfort netto utsatt skatt/utsatt...Annual report · 2024-12-31
MFM HOLDING AS — Audit opinionThe auditor states the audit evidence obtained is sufficient and appropriate as a basis for the conclusion. — Innhentet revisjonsbevis er...Annual report · 2024-12-31
MFM HOLDING AS — Going concernThe board reports good growth and profitability development in 2024 and so far in 2025 after a difficult financial period. — Konsernet ha...Annual report · 2024-12-31
MFM HOLDING AS — Audit opinionErnst & Young AS issued an unmodified opinion on the company and group accounts for 2024. — samsvar med regnskapslovens regler og god reg...Annual report · 2024-12-31
MFM HOLDING AS — Pledge or guaranteeParticipating group companies have issued joint and several surety declarations as security for the group account credit facility. — Som ...Annual report · 2024-12-31
MFM HOLDING AS — Loan or financingThe group paid instalments and interest per its bank facility and repaid the bank loan in MfM Holding AS during 2024. — bankengasjementet...Annual report · 2024-12-31
MFM HOLDING AS — OtherIn December 2023 the main product Innowalk was decided included in the national reimbursement scheme. — I desember 2023 ble hovedprodukte...Annual report · 2023-12-31
MFM HOLDING AS — Audit opinionEY audited the company and group accounts for 2023 and reported nothing to note on the other information; the report is signed by Bård Er...Annual report · 2023-12-31
MFM HOLDING AS — Going concernThe board states the group has weak financial results, a high debt burden and weakened liquidity following Covid-19 market access problem...Annual report · 2023-12-31
MFM HOLDING AS — Loan or financingThe board is in dialogue with both the bank and the owners about supporting the company's financial position. — dialog med bade bank og e...Annual report · 2023-12-31
MFM HOLDING AS — Loan or financingAt 31.12.2023 the group had NOK 47.4m long-term and NOK 11.6m short-term bank debt plus a NOK 5.6m loan from shareholders. — gjeld til kr...Annual report · 2023-12-31
MFM HOLDING AS — OwnershipCredo Invest nr 8 AS holds 537,843 A-shares, 47.50% of shares and votes, the largest shareholder at year end. — Credo Invest nr 8AS Aksj...Annual report · 2023-12-31
MFM HOLDING AS — Share capitalThe share capital consists of A-shares and 14,550 B-shares of NOK 0.10 each, 1,132,337 shares in total. — kr 0,10 og 14.550 B-aksjer a kr...Annual report · 2023-12-31
MFM HOLDING AS — SubsidiaryThe parent holds 97.7% of Made for Movement Group AS (Skien), acquired 2014, booked at NOK 118,539 thousand. — Datterselskaper: Made for...Annual report · 2023-12-31
MFM HOLDING AS — SubsidiaryIncumedic AS (Skien, 50%, acquired 2020) is under group control but not consolidated. — Incumedic AS 2020 Skien 50%Annual report · 2023-12-31
MFM HOLDING AS — Staff numbersThe group employed 69 FTEs in 2023 and 77 people in total, 25 women and 52 men. — Konsernet har sysselsatt 69 arsverki2023 og til sammen ...Annual report · 2023-12-31
MFM HOLDING AS — Staff numbersThe parent company MFM Holding AS had no employees in 2023. — MFM Holding AS har ingen ansatte i 2023.Annual report · 2023-12-31
MFM HOLDING AS — RemunerationRemuneration note shows salary of 2,400 (tNOK) to the group CEO and board fees of 26 / 228. — Lgnn Pensjonsutgifter 2400 26 228Annual report · 2023-12-31
MFM HOLDING AS — Related partyNo loans or security have been granted to management or shareholders. — Er det gitt lan eller sikkerhetsstillelse til ledende personer: NeiAnnual report · 2023-12-31
MFM HOLDING AS — Related partyKey personnel in Credo Partners AS are indirect shareholders of MFM Holding AS via CVP Invest, and a management agreement of tNOK 1,910 w...Annual report · 2023-12-31
MFM HOLDING AS — Related partyAll related-party transactions are stated to be on arm's length terms. — Alle transaksjonermed naerstaende parterergjennomfort ihenhold t...Annual report · 2023-12-31
MFM HOLDING AS — Pledge or guaranteeParticipating group companies have given joint and several surety declarations as security for the group account overdraft facility. — st...Annual report · 2023-12-31
MFM HOLDING AS — ImpairmentImpairment testing of the shares in the subsidiary based on discounted future cash flows led to no write-down in 2023. — ikke utfert neds...Annual report · 2023-12-31
MFM HOLDING AS — ImpairmentThe 2024 forecast with a multiple of 8 gives an estimated fair value of 121,700 against a book value of 118,539. — Forecast for 2024 med ...Annual report · 2023-12-31
Skiwo · company_events
Timelineall sources
Audit opinionErnst & Young AS issued an unmodified audit opinion on the 2024 financial statements. — Vihar revidert arsregnskapet for Credo Invest Nr ...Annual report · 2024-12-31
Going concernThe board confirms the going concern assumption is appropriate and applied. — bekreftes det at forutsetningene om fortsatt drift er til s...Annual report · 2024-12-31
OwnershipLargest shareholder Stokke Industri AS holds 50.0% and GC Rieber Fortuna AS 7.1% of the shares. — Stokke Industri AS GC Rieber Fortuna A...Annual report · 2024-12-31
OwnershipContractual arrangements mean Credo Partners AS controls Credo Invest Nr 8 AS, which in turn controls MfM Holding AS. — Credo Partners AS...Annual report · 2024-12-31
Share capitalShare capital consists of 2 055 999 ordinary shares of NOK 0.1, total NOK 205 600. — Sum Ordinaere aksjer 2 055 999 2 055 999 0,1 20...Annual report · 2024-12-31
Share capitalA capital increase of NOK 7 182 932 was made during 2024 (share capital up NOK 144 000). — Egenkapital pr 31.12.2023 Kapitalforhgyelse ...Annual report · 2024-12-31
SubsidiaryThe company's main activity is managing its 49.1% investment in MfM Holding AS. — Selskapets hovedvirksomhet er forvalte investeringen i...Annual report · 2024-12-31
SubsidiaryMfM Holding AS, Oslo, is held 49.10% at a book value of NOK 31 298 506 (cost NOK 60 096 337). — MfM Holding AS60 096337 31 298 506 Oslo...Annual report · 2024-12-31
ImpairmentThe investment had been written down by a total of NOK 35 787 078, and part of this was reversed in 2024 based on new assessments. — Inve...Annual report · 2024-12-31
DividendNo dividend; the profit of NOK 6 307 741 is proposed transferred to uncovered loss. — Selskapets arsregnskap viser et resultat pa NOK 6 3...Annual report · 2024-12-31
RemunerationNo board fees or other remuneration to senior personnel were paid in 2024 and no bonus agreements exist. — Det erikke utbetalt styrehonor...Annual report · 2024-12-31
Staff numbersThe company had no employees and no payroll costs in 2024. — Selskapet har ikke lonnskostnader. Det har ikke vaert ansatte i selskapet i ...Annual report · 2024-12-31
Pledge or guaranteeNo loans or guarantees have been given on behalf of senior personnel. — Det er ike gittlan til eller stilt garanti pa vegne av ledende pe...Annual report · 2024-12-31
Related partyCredo Partners AS, a related party, charged management fees of NOK 413 000 in 2024 (NOK 377 000 in 2023). — Honorartil naerstaende parter...Annual report · 2024-12-31
Related partyTransactions with the subsidiary were limited to liquidity loans; receivable from MfM Holding AS was NOK 30 000 at year-end. — Det har ik...Annual report · 2024-12-31
Deferred taxThe deferred tax asset of NOK 2 367 029 is fully written down and not recognised in the balance sheet. — Nedvurdering av utsatt skattefor...Annual report · 2024-12-31
Post balance sheet eventThe board states no events after the balance sheet date are of significance for assessing the accounts. — regnskapet og balansen med note...Annual report · 2024-12-31
OtherAuditor fees for 2024 were NOK 30 273 for statutory audit plus NOK 17 063 for advisory work related to a share issue. — - annen radgivnin...Annual report · 2024-12-31
OtherDirectors' and officers' liability insurance has been taken out for board members and the general manager. — og tredjeparter.Annual report · 2024-12-31
Audit opinionErnst & Young AS audited the 2022 financial statements and issued its report dated 27 April 2023. — Vihar revidert arsregnskapet for Cred...Annual report · 2022-12-31
Audit opinionThe auditor states the board's report is consistent with the financial statements and contains the required information. — arsregnskapet ...Annual report · 2022-12-31
Going concernThe board confirms the going concern assumption is appropriate and applied in preparing the accounts. — bekreftes det at forutsetningene ...Annual report · 2022-12-31
Going concernThe board describes liquidity as challenging but manageable and equity as satisfactory. — utfordrende,menhandterbar.Egenkapital er tilfre...Annual report · 2022-12-31
OwnershipStokke Industri AS holds 50 % of the shares; shareholders above 5 % hold 62.86 % in total. — Sum >5% eierandel 387 200 62,86%Annual report · 2022-12-31
OwnershipCredo Partners AS has controlling influence over Credo Invest Nr 8 AS, which in turn controls MfM Holding AS. — Credo Partners AS har bes...Annual report · 2022-12-31
Share capitalShare capital consists of 616,000 ordinary shares of NOK 0.10, totalling NOK 61,600. — Ordinaere aksjer 616 000 0,10 61 600Annual report · 2022-12-31
SubsidiaryThe company holds 47.5 % of MfM Holding AS (Oslo), carried at NOK 40,000,000 after write-down. — MfM Holding AS /40 000 000 53 129 057 ...Annual report · 2022-12-31
ImpairmentThe investment in MfM Holding AS was written down by NOK 13,129,057 at 31.12.2022. — Investeringen ble 31.12.2022 nedskrevet med kr 13 12...Annual report · 2022-12-31
OtherNo consolidated accounts were prepared because the investment is regarded as of limited duration. — Investeringen anses a vaere av begren...Annual report · 2022-12-31
RemunerationNo board fees or other remuneration were paid to senior personnel in 2022 and no bonus agreements exist. — Det er ikke utbetalt styrehono...Annual report · 2022-12-31
Skiwo · company_events
Tenders0 wins · 0 losses
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Doffin/TED · company_tender_wins · 2026-07-31
People5 roles
PBPål BrynsrudStyrets leder · Multiple boards→ profileGSGudmund Schlytter KilliStyremedlem · Multiple boards→ profileBHBenedicte Heidenreich FossumStyremedlem · Multiple boards · Serial CEO→ profileWAWilhelm Anton MohnStyremedlem · Multiple boards→ profileSEStein Egil ValderhaugStyremedlem · Multiple boards→ profile
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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
Owned by ↑ · top 10
STOKKE INDUSTRI AS
50%GC RIEBER FORTUNA AS
7.1%KM HOLDING AS
5.7%LANGODDEN AS
4.6%MUTUS AS
4.3%BREKKE INDUSTRIER AS
4.3%JOHAN VINJE AS
4.3%MITTAS AS
3.3%FRAX AS
2.9%MOTRI AS
2.1%Aksjonærregisteret · company_ownership · 2025 · both directions
LocationOslo
Oslo
municipality only · street address + coordinates not yet in Intelligo
Brreg · registered municipality