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FREEPOWER AS
AS
Active
Org 824352232
Åsveien 22C, 3121 Nøtterøy
Engineering activities and related technical consultancy · NACE 7112
Est. 2020
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 372K
+27% vs 2021
EBITDA margin
-816.2%
-143% vs 2021
Equity ratio
85.5%
Financial strength
Net profit 2022
NOK -3,1M
-150% vs 2021
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2020
-1M
-100%
2021
-3M
-200%
2022
Key figures
Annual report 2022
Revenue
NOK 372K
+27%
EBITDA
NOK -3M
-143%
Net profit
NOK -3,1M
-150%
Total assets
NOK 3,8M
-6%
Equity
NOK 3,2M
-19%
Employees
0
—
Company information
Legal name
FREEPOWER AS
Org number
824352232
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
6. januar 2020
Share capital
NOK 40 109
Employees
0
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Produktutvikling og salg innen marint, klima og energi samt alt som hører naturlig til dette. Salg av ingeniørtjenester og prosjektledelse.
Contact
Address
Åsveien 22C, 3121 Nøtterøy
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Engineering activities and related technical consultancy
Companies in Færder
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
-1M
2021
-3M
2022
Income statement
NOK thousands
Item
2020
2021
2022
Revenue
286
293
372
Staff expenses
−0
−246
−1 336
EBITDA
31
−1 248
−3 036
Depreciation & amort.
−0
−8
−100
EBIT
31
−1 256
−3 136
Net financials
0
1
−5
Profit before tax
31
−1 255
−3 141
Tax
18
−0
−0
Net profit
13
−1 255
−3 141
Balance sheet
NOK thousands
Item
2020
2021
2022
Total assets
91
4 013
3 761
Equity
38
3 949
3 214
Long-term debt
0
0
0
Short-term debt
53
64
547
Total debt
53
64
547
Financial ratios
5-year trend
EBITDA margin
-816.2%
This company
15.8%
Market median
-5266% vs market
2020
2022
Equity ratio
85.5%
This company
38.2%
Market median
+124% vs market
2020
2022
Return on equity
-97.7%
This company
18.4%
Market median
-631% vs market
2020
2022
Net profit margin
-844.3%
This company
8.1%
Market median
-10523% vs market
2020
2022
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
2020
2022
Debt / equity
0.17×
This company
0.62×
Market median
+73% vs market
2020
2022
Annual reports & filings
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 2019-11-26 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
CM
Carl Martin Daniel Bjurmalm
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SF
Steven Foss
Chairman
2022
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
71.5%
71.5%
2022
Marie Isabel Bjurmalm
Individual
8.0%
8.0%
2022
Katapult Ocean Fund 3 As
Company
6.0%
6.0%
2022
Indus Production Services As
Company
4.0%
4.0%
2022
Bjurmalm Leif
Company
3.2%
3.2%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FREEPOWER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Carl Martin Daniel Bjurmalm
Chief Executive Officer
0 companies
Steven Foss
Chairman
0 companies