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ASActiveOrg 850977712Helgeroveien 3, 3290 StavernManufacture of ovens, furnaces and permanent household heating equipment · NACE 2821Est. 198816 employees
Revenue 2024
NOK 43,2M
+11% vs 2023
EBITDA margin
6.7%
+27% vs 2023
Equity ratio
70.6%
Financial strength
Net profit 2024
NOK 3,1M
+51% vs 2023
| Revenue | NOK 43,2M | +11% |
| EBITDA | NOK 2,9M | +27% |
| Net profit | NOK 3,1M | +51% |
| Total assets | NOK 23,6M | -14% |
| Equity | NOK 16,6M | -17% |
| Employees | 16 | — |
Legal name
FREMO AS
Org number
850977712
Legal form
Aksjeselskap
NACE code
2821 · Manufacture of ovens, furnaces and permanent household heating equipment
Founded
21. desember 1988
Share capital
NOK 1 500 000
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Helgeroveien 3, 3290 Stavern
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 36 747 | 28 573 | 31 440 | 39 056 | 43 240 |
| Staff expenses | −11 631 | −11 606 | −11 533 | −13 045 | −12 769 |
| EBITDA | 2 450 | 2 341 | 2 217 | 2 283 | 2 893 |
| Depreciation & amort. | −323 | −253 | −198 | −155 | −122 |
| EBIT | 2 127 | 2 089 | 2 019 | 2 128 | 2 771 |
| Net financials | 204 | 369 | 533 | 724 | 924 |
| Profit before tax | 2 332 | 2 457 | 2 552 | 2 852 | 3 695 |
| Tax | 271 | 494 | 619 | 785 | 571 |
| Net profit | 2 061 | 1 963 | 1 933 | 2 067 | 3 124 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 24 836 | 22 924 | 25 299 | 27 329 | 23 588 |
| Equity | 15 556 | 17 019 | 18 453 | 20 020 | 16 644 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 9 280 | 5 905 | 6 847 | 7 310 | 6 944 |
| Total debt | 9 280 | 5 905 | 6 847 | 7 310 | 6 944 |
EBITDA margin
6.7%
This company
15.8%
Market median
-58% vs market
20202024
Equity ratio
70.6%
This company
38.2%
Market median
+85% vs market
20202024
Return on equity
18.8%
This company
18.4%
Market median
+2% vs market
20202024
Net profit margin
7.2%
This company
8.1%
Market median
-11% vs market
20202024
Asset turnover
1.83×
This company
1.12×
Market median
+63% vs market
20202024
Debt / equity
0.42×
This company
0.62×
Market median
+32% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JM Chief Executive Officer | Chief Executive Officer | 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
| Board of Directors | 2022 | |
| Chairman | 2022 | |
| Chairman | 2024 | |
| Board of Directors | 2025 | |
| Board of Directors | 2022 | |
| Board of Directors | 2025 | |
| Former (1) | ||
| Board of Directors | 2019 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 52.45% | 52.45% | 2023 | |
| Company | 23.69% | 23.69% | 2023 | |
| Company | 23.69% | 23.69% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Krut As
FREMO AS Board members of FREMO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jens Mathias Nyegaard | Chief Executive Officer | 0 companies |
| Hans Nicolai Nyegaard | Board of Directors | 0 companies |
| Dagny Hill-Jensen | Chairman | 0 companies |
| Sverre Ragnvald Nyegaard | Chairman | 0 companies |
| Kjersti Eikenes | Board of Directors | 0 companies |
| Øyvind Bakken | Board of Directors | 0 companies |
| Olav Erik Withbro | Board of Directors | 0 companies |
| Thomas Buskoven | Board of Directors | 0 companies |