Jonas Rude Øvstaas - Equity analyst and entrepreneur based in Trondheim, Norway

Jonas Rude Øvstaas

Equity Analyst & Builder

Equity research, DCF valuation & investment analysis with a builder's mindset.

Latest Research

How I Work

I'm a Business Administration student at Handelshøyskolen BI in Trondheim, Norway, specializing in financial analysis, equity research, and DCF valuation. I'm the founder of Menu Mate, an AI-powered SaaS platform for meal planning, and an analyst at Bull Invest, BI Trondheim's student investment fund.

Operating Manual

How I approach financial analysis: I prioritize accuracy over speed when analyzing financial data, and I document all assumptions in my models. This means I might take longer to deliver initial results, but the work is reproducible and audit-ready.

My analytical philosophy: I believe in building models from first principles rather than relying on templates. When evaluating companies, I start with understanding the business model before touching a spreadsheet.

Background

I grew up internationally, attending school in Shanghai before completing my IB Diploma at Skagerak International School. I'm currently pursuing a Bachelor of Business Administration at Handelshøyskolen BI in Trondheim, with coursework in DCF valuation, financial accounting (IFRS/GRS), and statistics. Outside the classroom, I analyze equities and portfolio strategy with Bull Invest, coordinated accounting for UKA-Festivalen's multimillion-kroner budget, and have built Menu Mate as a co-founded AI SaaS product. Earlier roles as Restaurant Manager at Havparadiset and Team Leader at Jotunheimen E-sport gave me hands-on experience in operations, leadership, and team development.

Skills & Expertise

Financial Analysis DCF Valuation Equity Research Accounting Python React & TypeScript Leadership Portfolio Management

Portfolio

Manager

Havparadiset

Restaurant operations & P&L management during peak season

3 months Peak season
8-12 Staff members
High-vol Service periods
  • Managed daily operations for seasonal waterfront restaurant
  • Cash reconciliation, scheduling, inventory optimization
  • Developed P&L awareness for business analysis
Operations P&L Management Team Leadership
Analyst

Bull Invest

Equity research & DCF valuation for student investment fund

Weekly Meetings
3-stmt Models
DCF + SOTP
  • Conduct fundamental equity analysis on assigned companies
  • Build 3-statement models with DCF sensitivity analysis
  • Present investment theses to fellow analysts
Excel Data Analysis Financial Modeling

Experience & Education

Restaurant Manager

Havparadiset (Hafsund)

June 2025 - August 2025

  • Led daily operations and coordinated team delivering high-quality dining experiences
  • Developed leadership, logistics, and stress management skills in fast-paced environment

Team Leader

Jotunheimen E-sport

August 2022 - August 2024

  • Managed operations of Rosenborg E-Sport Academy and Jotunheimen Academy
  • Led team and established structured routines to promote company goals
  • Represented company as ambassador to enhance brand awareness

Public Speaker

Talerlisten.no

September 2023 - Current

  • Active public speaker developing communication and presentation skills

Analyst

Bull Invest - BI Trondheim

September 2025 - Current

  • Conducting equity analysis and portfolio strategy with fellow finance students
  • Strengthened understanding of valuation, market dynamics, and investment decision-making

Accounting Coordinator

UKA-Festivalen, Trondheim

November 2024 - Current

  • Co-responsible for managing multimillion kroner budget with accurate financial reporting
  • Applied accounting principles, financial control, and teamwork in large organization

Bachelor of Business Administration

Handelshøyskolen BI, Trondheim

August 2024 - Current

Finance & Accounting:
  • BØK3423 - Finans
  • BØK3632 - Finansiell styring
  • BØK3532 - Finansregnsk. & regnsk.analyse
  • BØK3430 - Innføring i bed.øk. & finans
  • BØK3561 - Prestasjonsstyring
Economics:
  • SØK3420 - Samfunnsøkonomi I
  • SØK3500 - Samfunnsøkonomi II
Statistics & Methods:
  • MET2910 - Matematikk for økonomer
  • MET2920 - Statistikk for økonomer
  • MET3590 - Metode og statist. dataanalyse
Marketing & Management:
  • MRK3580 - Markedsføringsled. og strategi
  • ORG3403 - Organisasjonsatferd og ledelse
Technical Skills:
  • ELE3915 - Excel Programming & Automation
  • ELE3797 - Consulting Verktøy & teknikker
Law & Ethics:
  • JUR3420 - Forretningsjus
  • EXC3401 - Bus. Comm. Culture and Ethics

International Baccalaureate (IB) Diploma

Skagerak International School

August 2017 - May 2020

  • Completed IB Diploma, strengthening academic discipline and critical thinking
  • Developed international perspective and rigorous analytical skills

Get In Touch

I'm always open to discussing new opportunities, collaborations, or finance-related conversations.