Explore more Norwegian companies →

COMPANY CARD COMPANY

W3SCHOOLS NETWORK AS

Business reg. no. 925 929 336ASSANDNESIndustry code 62.100

Computer programming activities

Equity ratio: Good · 50,1 % (2025)
Company financial statements in NOK · 2023: 23 897 951 NOK · 2024: 24 074 789 NOK · 2025: 21 368 178 NOK
2023–2025 · NOK
Operating revenue21,4 million NOK
2025 · company↓ 11,2 % from 2024
Company financial statements in NOK · 2023: 1 777 877 NOK · 2024: 2 840 974 NOK · 2025: 3 451 510 NOK
2023–2025 · NOK
Operating income · EBIT3,5 million NOK
2025 · company↑ 21,5 % from 2024

16,2 % EBIT margin

Registered employees1–4 employees
RegisteredExact count not statedRegistry data 14.11.2026

FINANCIALS

Financial statements and key figures

Amount in whole currency units
Company financial statements

Amount in NOK

Company financial statements · amounts without rounding to thousands for display
Financial statement item202520242023
CurrencyNOKNOKNOK
Operating revenue21 368 17824 074 78923 897 951
Operating profit3 451 5102 840 9741 777 877
Net income3 259 2052 718 1411 423 161
Equity4 325 5183 066 312348 172
Total assets8 632 05110 658 9849 647 761
EBIT margin16,2 %11,8 %7,4 %

Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.

Show trend in NOK
Operating revenueNOK · 2023–202521,4 million NOK
↓ 11,2 % from 2024
Operating revenue202320242025

Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.

Operating profitNOK · 2023–20253,5 million NOK
↑ 21,5 % from 2024
Operating profit202320242025

Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.

Sources and conversion basis

Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.

  • 2025 · NOK · original-NOK · source version f84e2490dbfd
  • 2024 · NOK · original-NOK · source version 33c02c824bd1
  • 2023 · NOK · original-NOK · source version 8d2b7175fe55

Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.

Income statement13 entries with information
Company financial statements · Income statement · whole currency units
Financial statement item202520242023
Operating revenue
Total sales revenue21 367 16124 074 78923 897 951
Total operating revenue21 368 17824 074 78923 897 951
Operating expenses
Wage costs9 276 70311 034 90611 376 006
Total operating expenses17 916 66821 233 81522 120 074
Operating profit
Operating income (EBIT)3 451 5102 840 9741 777 877
Financial income
Total finance income147 876135 19869 248
Financial expenses
Other interest expense—1 421374
Total finance costs340 181258 031423 965
Net finance result-192 304-122 833-354 717
Results and tax
Income before tax3 259 2052 718 1411 423 161
Tax expense on ordinary income000
Net income3 259 2052 718 1411 423 161
Total comprehensive income3 259 2052 718 1411 423 161
Balance sheet12 entries with information
Company financial statements · Balance sheet · whole currency units
Financial statement item202520242023
Financial fixed assets
Total non-current assets996 2291 367 5591 681 332
Current assets
Total receivables2 288 0972 530 6603 065 310
Total cash and cash equivalents5 347 7266 760 7664 901 120
Total current assets7 635 8239 291 4257 966 429
Total assets8 632 05110 658 9849 647 761
Equity
Total paid-in equity14 43014 43014 430
Total retained earnings4 311 0883 051 882333 742
Total equity4 325 5183 066 312348 172
Provisions and long-term liabilities
Total long-term liabilities—4 200 0005 700 000
Current liabilities
Total current liabilities4 306 5343 392 6723 599 589
Total liabilities4 306 5347 592 6729 299 589
Total
Total equity and liabilities8 632 05110 658 9849 647 761
Executive salaryUnavailable

No information in the available financial statement data.

REGISTRY INFORMATION

Company at a glance

Registered
Industry
62.100 · Computer programming activities Industry classification: Statistics Norway · CC BY 4.0
Registered address
Karen Grude Kohts plass 1, 4306 SANDNES
Founded
22.10.2020
Entity type
Main entity

ADDRESS AND PROPERTY

Property information

Open data

Karen Grude Kohts plass 1, 4306 SANDNES

Loading property information …

© Kartverket · CC BY 4.0

Companies at the same address

Available company cards

    About the address match

    Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.

    REGISTERED ROLES

    The people and companies behind it.

    Search registered roles →Explore positions and documented connections.
    NameRoleSource date
    AAUDIT ASView role recordAuditor14.11.2026
    Thomas Thorsell-ArntsenBorn 1988General manager14.11.2026
    Ståle RefsnesBorn 1978Board member14.11.2026
    Thomas Thorsell-ArntsenBorn 1988Board member14.11.2026
    Kai Jim RefsnesBorn 1983Board member14.11.2026
    Børge RefsnesBorn 1988Board member14.11.2026
    FLYT REGNSKAP ASView role recordAccountant14.11.2026
    Jan Egil RefsnesBorn 1952Chair of the board14.11.2026
    Hege RefsnesBorn 1975Board member14.11.2026

    Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.

    YEAR-DATED OWNERSHIP

    Reported shareholders.

    Search shareholders →Find a shareholder and follow reported ownership entries.

    As of 31 December 2025 · 2 of 2 available ownership entries

    ShareholderShare / share classSource date
    W3SCHOOLS ASView ownership entryView share entries →75,00 % · Ordinary shares31.12.2025
    BADGERFACE ASView ownership entryView share entries →25,00 % · Ordinary shares31.12.2025
    Distribution of share count 31.12.2025
    100,0 %displayed share of shares
    • W3SCHOOLS ASOrdinary shares75,00 %
    • BADGERFACE ASOrdinary shares25,00 %

    Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.

    Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.

    Previously reported ownership entries (2)

    YEAR-DATED OWNERSHIP

    Company share entries

    The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.

    Count direct ownership entries could not be retrieved.

    Source and scope

    Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.

    Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.

    YEAR-DATED OWNERSHIP

    Indirect ownership

    Explore documented ownership paths through companies. Each path and share class is shown separately; shares are not added together.

    Count indirect ownership paths could not be retrieved.

    Source and scope

    Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.

    Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.

    CONNECTIONS

    Explore the ownership structure.

    Directly reported ownership entries are shown first. Open the map to explore further.

    Direct ownership entries without an interactive map

    As of 31 December 2025 · 2 of 2 available ownership entries

    ShareholderShare / share classSource date
    W3SCHOOLS ASView ownership entryView share entries →75,00 % · Ordinary shares31.12.2025
    BADGERFACE ASView ownership entryView share entries →25,00 % · Ordinary shares31.12.2025

    Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.

    Open interactive map for direct ownership entries

    CONNECTIONS

    Explore the ownership structure.

    See owners and open further company levels, using the same year throughout the tree.

    Year-end ownership