What is the Org number of Frøy Subsea AS?

Frøy Subsea AS is registered with Brønnøysundsregistrene under Org 830316302.

What is the revenue of Frøy Subsea AS?

Frøy Subsea AS reported revenue of 45,1 mill. kr in 2024.

How many employees does Frøy Subsea AS have?

Frøy Subsea AS employs 78 people as of the latest annual report.

Who is the CEO of Frøy Subsea AS?

Lars Eirik Hestnes is the CEO of Frøy Subsea AS, in role since 2026.

Who is the chairman of Frøy Subsea AS?

Gottfred Langseth chairs the board of Frøy Subsea AS, in role since 2025.

Where is Frøy Subsea AS headquartered?

Frøy Subsea AS's registered address is Nordfrøyveien 213, 7260 Sistranda.

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Frøy Subsea AS

ASActive

Org 830316302Nordfrøyveien 213, 7260 SistrandaSupport activities for fishing and aquaculture· NACE 0330Est. 2022 · 3 years old78 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2024	2023
Revenue	45 144	31 751
Staff expenses	−17 970	−13 399
EBITDA	15 417	8 605
Depreciation & amort.	−6 119	−4 682
EBIT	9 298	3 923
Net financials	−5 976	−2 788
Profit before tax	3 322	1 135
Tax	731	24
Net profit	2 591	1 111

Balance sheet

NOK thousands

Item	2024	2023
Total assets	89 466	92 943
Equity	5 287	2 696
Long-term debt	29 620	36 016
Short-term debt	54 559	54 231
Total debt	84 179	90 247

Financial ratios

5-year trend

EBITDA margin

34,2 %

This company

15,8 %

Market median

This company

Market median

116% above market

20232024

Equity ratio

5,9 %

This company

38,2 %

Market median

This company

Market median

85% below market

20232024

Return on equity

49,0 %

This company

18,4 %

Market median

This company

Market median

166% above market

20232024

Net profit margin

5,7 %

This company

8,1 %

Market median

This company

Market median

30% below market

20232024

Asset turnover

0,50×

This company

1,12×

Market median

This company

Market median

55% below market

20232024

Debt / equity

15,92×

This company

0,62×

Market median

This company

Market median

>999% above market

20232024

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 2022-11-01 – 2023-12-31
View PDF

Frøy Subsea AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Frøy Subsea AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Frøy Subsea AS