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Favo Ii AS
AS
Active
Org 894968222
Haukelivegen 668, 5582
Ølensvåg
Programmeringstjenester
·
NACE 62010
Est. 2010 · 16 years old
9 employees
favo.no
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Norway
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Programmeringstjenester
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Favo Ii AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
25M
19M
12M
6M
0M
2019: 12M
12M
2019
2020: 15M (+25% vs 2019)
15M
+25%
2020
2021: 17M (+13% vs 2020)
17M
+13%
2021
2022: 18M (+6% vs 2021)
18M
+6%
2022
2023: 20M (+11% vs 2022)
20M
+11%
2023
EBITDA
NOK millions
6M
5M
3M
2M
0M
2019: 4M
4M
2019
2020: 5M (+25% vs 2019)
5M
+25%
2020
2021: 4M (-20% vs 2020)
4M
-20%
2021
2022: 4M (0% vs 2021)
4M
0%
2022
2023: 3M (-25% vs 2022)
3M
-25%
2023
Income statement
NOK thousands
Item
2023
2022
2021
2020
2019
Revenue
20 099
18 337
16 531
14 738
12 173
Staff expenses
−12 030
−10 241
−8 755
−6 421
−5 196
EBITDA
3 393
4 191
4 220
5 268
4 343
Depreciation & amort.
−148
−87
−27
−15
−7
EBIT
3 245
4 104
4 194
5 253
4 336
Net financials
43
1
−25
11
19
Profit before tax
3 288
4 105
4 169
5 264
4 356
Tax
716
840
836
1 109
928
Net profit
2 572
3 265
3 333
4 155
3 427
Balance sheet
NOK thousands
Item
2023
2022
2021
2020
2019
Total assets
9 775
7 335
6 938
9 385
7 786
Equity
5 992
3 420
3 455
2 822
1 967
Long-term debt
20
9
0
0
0
Short-term debt
3 763
3 906
3 483
6 563
5 819
Total debt
3 783
3 915
3 483
6 563
5 819
Financial ratios
5-year trend
EBITDA margin
16,9 %
This company
15,8 %
Market median
This company
Market median
7% above market
2019
2023
Equity ratio
61,3 %
This company
38,2 %
Market median
This company
Market median
60% above market
2019
2023
Return on equity
42,9 %
This company
18,4 %
Market median
This company
Market median
133% above market
2019
2023
Net profit margin
12,8 %
This company
8,1 %
Market median
This company
Market median
58% above market
2019
2023
Asset turnover
2,06×
This company
1,12×
Market median
This company
Market median
84% above market
2019
2023
Debt / equity
0,63×
This company
0,62×
Market median
This company
Market median
2% above 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
More on Favo Ii AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network