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FARMAR TOWAGE AS
AS
Active
Org 824197172
Strandgaten 10, 4550 Farsund
Rental and leasing of water transport equipment · NACE 7734
Est. 2019
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 81,2M
+208% vs 2023
EBITDA margin
24.2%
-18% vs 2023
Equity ratio
24.8%
Financial strength
Net profit 2024
NOK 9M
-33% vs 2023
EBITDA — year on year
NOK millions
30M
23M
15M
8M
0M
4M
2020
7M
+75%
2021
6M
-14%
2022
24M
+300%
2023
20M
-17%
2024
Key figures
Annual report 2024
Revenue
NOK 81,2M
+208%
EBITDA
NOK 19,7M
-18%
Net profit
NOK 9M
-33%
Total assets
NOK 114,4M
+87%
Equity
NOK 28,3M
+34%
Employees
0
—
Company information
Legal name
FARMAR TOWAGE AS
Org number
824197172
Legal form
Aksjeselskap
NACE code
7734 · Rental and leasing of water transport equipment
Founded
16. desember 2019
Share capital
NOK 323 203
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utleie av skip og lignende.
Contact
Address
Strandgaten 10, 4550 Farsund
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Explore
Companies in Rental and leasing of water transport equipment
Companies in Farsund
All Norway companies
Revenue
NOK millions
0M
23M
47M
70M
93M
4M
2020
19M
2021
7M
2022
26M
2023
81M
2024
EBITDA
NOK millions
0M
7M
14M
21M
28M
4M
2020
7M
2021
6M
2022
24M
2023
20M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 000
18 929
6 560
26 339
81 185
Staff expenses
−0
−0
−0
−0
−0
EBITDA
3 963
7 382
5 832
24 049
19 677
Depreciation & amort.
−2 113
−3 570
−5 517
−5 421
−6 031
EBIT
1 850
3 812
315
18 628
13 646
Net financials
−675
−1 285
−1 359
−1 592
−2 152
Profit before tax
1 175
2 528
−1 044
17 037
11 494
Tax
258
556
−230
3 748
2 529
Net profit
916
1 971
−814
13 289
8 966
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
22 764
61 302
46 892
61 038
114 409
Equity
4 484
4 556
4 038
21 205
28 321
Long-term debt
1 321
31 052
27 306
31 548
53 473
Short-term debt
16 959
25 695
15 547
8 286
32 615
Total debt
18 280
56 747
42 853
39 834
86 088
Financial ratios
5-year trend
EBITDA margin
24.2%
This company
15.8%
Market median
+53% vs market
2020
2024
Equity ratio
24.8%
This company
38.2%
Market median
-35% vs market
2020
2024
Return on equity
31.7%
This company
18.4%
Market median
+72% vs market
2020
2024
Net profit margin
11.0%
This company
8.1%
Market median
+36% vs market
2020
2024
Asset turnover
0.71×
This company
1.12×
Market median
-37% vs market
2020
2024
Debt / equity
3.04×
This company
0.62×
Market median
-390% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JW
John Willy Nilsen
Chairman
2022
Former (1)
CM
Cecilie Marensiusdatter
Board of Directors
2019 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Farsund Marine Group As
Company
100%
100%
2024
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Company hierarchy
Marship Holding As
Farsund Marine Group As
FARMAR TOWAGE AS
(this company)
Board network connections
Board members of FARMAR TOWAGE AS also hold positions in
0
other companies.
Person
Role here
Other companies
John Willy Nilsen
Chairman
0 companies
Cecilie Marensiusdatter
Board of Directors
0 companies