Riskpilot← Back to searchSign inGet full accessFAVO II AS
ASActiveOrg 894968222Haukelivegen 668, 5582 ØlensvågProgrammeringstjenester · NACE 62010Est. 20109 employeesfavo.no
Revenue 2023
NOK 20,1M
+10% vs 2022
EBITDA margin
16.9%
-19% vs 2022
Equity ratio
61.3%
Financial strength
Net profit 2023
NOK 2,6M
-21% vs 2022
| Revenue | NOK 20,1M | +10% |
| EBITDA | NOK 3,4M | -19% |
| Net profit | NOK 2,6M | -21% |
| Total assets | NOK 9,8M | +33% |
| Equity | NOK 6M | +75% |
| Employees | 9 | — |
Legal name
FAVO II AS
Org number
894968222
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
9. januar 2010
Share capital
NOK 102 000
Employees
9 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Utvikling, forvaltning, drift og support av webbaserte ikt-løsninger, samt deltakelse i andre selskaper av enhver art.
Address
Haukelivegen 668, 5582 Ølensvåg
Email
post@favo.no
Website
favo.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 12 173 | 14 738 | 16 531 | 18 337 | 20 099 |
| Staff expenses | −5 196 | −6 421 | −8 755 | −10 241 | −12 030 |
| EBITDA | 4 343 | 5 268 | 4 220 | 4 191 | 3 393 |
| Depreciation & amort. | −7 | −15 | −27 | −87 | −148 |
| EBIT | 4 336 | 5 253 | 4 194 | 4 104 | 3 245 |
| Net financials | 19 | 11 | −25 | 1 | 43 |
| Profit before tax | 4 356 | 5 264 | 4 169 | 4 105 | 3 288 |
| Tax | 928 | 1 109 | 836 | 840 | 716 |
| Net profit | 3 427 | 4 155 | 3 333 | 3 265 | 2 572 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total assets | 7 786 | 9 385 | 6 938 | 7 335 | 9 775 |
| Equity | 1 967 | 2 822 | 3 455 | 3 420 | 5 992 |
| Long-term debt | 0 | 0 | 0 | 9 | 20 |
| Short-term debt | 5 819 | 6 563 | 3 483 | 3 906 | 3 763 |
| Total debt | 5 819 | 6 563 | 3 483 | 3 915 | 3 783 |
EBITDA margin
16.9%
This company
15.8%
Market median
+7% vs market
20192023
Equity ratio
61.3%
This company
38.2%
Market median
+60% vs market
20192023
Return on equity
42.9%
This company
18.4%
Market median
+133% vs market
20192023
Net profit margin
12.8%
This company
8.1%
Market median
+58% vs market
20192023
Asset turnover
2.06×
This company
1.12×
Market median
+84% vs market
20192023
Debt / equity
0.63×
This company
0.62×
Market median
+2% vs market
20192023
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
AH Chief Executive Officer | Chief Executive Officer | 2022 |
TÅ Chief Executive Officer | Chief Executive Officer | 2022 |
LT Chief Executive Officer | Chief Executive Officer | 2022 |
No data on file.
No shareholder data available.
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No registered parent or subsidiaries
Board members of FAVO II AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Andreas Høyland | Chief Executive Officer | 0 companies |
| Torleiv Åreskjold | Chief Executive Officer | 0 companies |
| Leif Thorsen | Chief Executive Officer | 0 companies |