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TORBJØRN FARSTAD AS
AS
Active
Org 838694942
Vikingvegen 19, 3946 Porsgrunn
Utleie av egen eller leid fast eiendom ellers · NACE 68209
Est. 1986
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 293K
+144% vs 2022
EBITDA margin
-32.4%
-25% vs 2022
Equity ratio
99.5%
Financial strength
Net profit 2023
NOK 192K
+715% vs 2022
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2019
0M
-100%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 293K
+144%
EBITDA
NOK -95K
-25%
Net profit
NOK 192K
+715%
Total assets
NOK 2,1M
-27%
Equity
NOK 2,1M
-28%
Employees
0
—
Company information
Legal name
TORBJØRN FARSTAD AS
Org number
838694942
Legal form
Aksjeselskap
NACE code
68209 · Utleie av egen eller leid fast eiendom ellers
Founded
1. februar 1986
Share capital
—
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Contact
Address
Vikingvegen 19, 3946 Porsgrunn
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Companies in Utleie av egen eller leid fast eiendom ellers
Companies in Porsgrunn
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2019
0M
2020
0M
2021
0M
2022
0M
2023
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2019
0M
2020
0M
2021
0M
2022
0M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
2 378
78
420
120
293
Staff expenses
−0
−0
−0
−0
−1
EBITDA
1 822
−157
147
−76
−95
Depreciation & amort.
−45
−42
−39
−23
−4
EBIT
1 778
−199
107
−99
−99
Net financials
−424
35
463
127
290
Profit before tax
1 354
−164
570
28
191
Tax
398
−12
−17
4
−1
Net profit
956
−153
587
24
192
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
3 094
2 322
2 942
2 912
2 114
Equity
2 453
2 300
2 887
2 911
2 103
Long-term debt
12
0
0
1
0
Short-term debt
630
22
54
−1
11
Total debt
641
22
54
1
11
Financial ratios
5-year trend
EBITDA margin
-32.4%
This company
15.8%
Market median
-305% vs market
2019
2023
Equity ratio
99.5%
This company
38.2%
Market median
+160% vs market
2019
2023
Return on equity
9.1%
This company
18.4%
Market median
-51% vs market
2019
2023
Net profit margin
65.5%
This company
8.1%
Market median
+709% vs market
2019
2023
Asset turnover
0.14×
This company
1.12×
Market median
-88% vs market
2019
2023
Debt / equity
0.01×
This company
0.62×
Market median
+98% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
IP
Ingrid Pauline Farstad
Deputy Member
Deputy Member
1990
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TF
Torbjørn Farstad
Chairman
1990
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Solveig Røsberg Farstad
Individual
2%
2%
2023
Anne Farstad
Individual
2%
2%
2023
Ottar Farstad
Individual
2%
2%
2023
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TORBJØRN FARSTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ingrid Pauline Farstad
Deputy Member
0 companies
Torbjørn Farstad
Chairman
0 companies