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FOLKEVEKST AS
AS
Active
Org 811805432
Brothaugen 34, 5209 Os
Economic activity was not specified by tax authority · NACE 0000
Est. 2013
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 350K
EBITDA margin
26.8%
+358% vs 2024
Equity ratio
6.8%
Financial strength
Net profit 2025
NOK 73K
+2423% vs 2024
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
2M
2021
3M
+50%
2022
1M
-67%
2023
0M
-100%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 350K
—
EBITDA
NOK 94K
+358%
Net profit
NOK 73K
+2423%
Total assets
NOK 1,7M
+44%
Equity
NOK 117K
-28%
Employees
1
—
Company information
Legal name
FOLKEVEKST AS
Org number
811805432
Legal form
Aksjeselskap
NACE code
0000 · Economic activity was not specified by tax authority
Founded
11. april 2013
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å investere i aksjer og eiendom, samt konsulenttjenester som naturlig hører sammen med dette.
Contact
Address
Brothaugen 34, 5209 Os
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Explore
Companies in Economic activity was not specified by tax authority
Companies in Bjørnafjorden
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
3M
2021
3M
2022
1M
2023
0M
2024
0M
2025
EBITDA
NOK millions
0M
1M
2M
3M
3M
2M
2021
3M
2022
1M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
3 230
3 280
1 360
0
350
Staff expenses
−837
−369
−5
−8
−2
EBITDA
2 351
2 855
1 320
−36
94
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
2 351
2 855
1 320
−36
94
Net financials
3
9
35
40
0
Profit before tax
2 354
2 864
1 355
4
94
Tax
518
631
298
1
21
Net profit
1 836
2 233
1 057
3
73
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
2 690
3 109
1 521
1 194
1 716
Equity
71
105
161
164
117
Long-term debt
0
0
0
0
1 200
Short-term debt
2 619
3 005
1 360
1 030
399
Total debt
2 619
3 005
1 360
1 030
1 599
Financial ratios
5-year trend
EBITDA margin
26.8%
This company
15.8%
Market median
+70% vs market
2021
2025
Equity ratio
6.8%
This company
38.2%
Market median
-82% vs market
2021
2025
Return on equity
62.5%
This company
18.4%
Market median
+240% vs market
2021
2025
Net profit margin
20.9%
This company
8.1%
Market median
+158% vs market
2021
2025
Asset turnover
0.20×
This company
1.12×
Market median
-82% vs market
2021
2025
Debt / equity
13.62×
This company
0.62×
Market median
-2097% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
TL
Taiwo Løkås
Deputy Member
Deputy Member
2013
SL
Ståle Løkås
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
GM
Geir Morten Folkestad
Chairman
2025
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FOLKEVEKST AS also hold positions in
0
other companies.
Person
Role here
Other companies
Taiwo Løkås
Deputy Member
0 companies
Ståle Løkås
Chief Executive Officer
0 companies
Geir Morten Folkestad
Chairman
0 companies