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FAREL AS
AS
Active
Org 911564769
Bjørnestien 4, 9512 Alta
Rental and operating of own or leased real estate · NACE 6820
Est. 2013
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 241K
+4886% vs 2023
EBITDA margin
-189.9%
+23% vs 2023
Equity ratio
72.2%
Financial strength
Net profit 2024
NOK 1,6M
-45% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
-1M
-100%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 241K
+4886%
EBITDA
NOK -457K
+23%
Net profit
NOK 1,6M
-45%
Total assets
NOK 42,5M
+6%
Equity
NOK 30,7M
+6%
Employees
0
—
Company information
Legal name
FAREL AS
Org number
911564769
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
13. februar 2013
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Investering i næringsvirksomhet, herunder aksjer og andeler, samt deltagelse i andre selskaper med lignende virksomhet samt. Utleie av maskiner.
Contact
Address
Bjørnestien 4, 9512 Alta
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Rental and operating of own or leased real estate
Companies in Alta
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
-1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
51
11
5
241
Staff expenses
−0
−46
−0
−320
−349
EBITDA
−17
−58
−134
−594
−457
Depreciation & amort.
−0
−55
−55
−77
−94
EBIT
−17
−113
−189
−670
−551
Net financials
751
2 102
18 989
3 637
2 189
Profit before tax
734
1 989
18 800
2 967
1 638
Tax
1
−0
−0
−0
−0
Net profit
733
1 989
18 800
2 967
1 638
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
5 278
7 885
28 705
39 965
42 483
Equity
5 277
7 266
26 065
29 032
30 670
Long-term debt
0
0
2 637
10 876
11 694
Short-term debt
1
620
3
57
119
Total debt
1
620
2 640
10 933
11 813
Financial ratios
5-year trend
EBITDA margin
-189.9%
This company
15.8%
Market median
-1302% vs market
2020
2024
Equity ratio
72.2%
This company
38.2%
Market median
+89% vs market
2020
2024
Return on equity
5.3%
This company
18.4%
Market median
-71% vs market
2020
2024
Net profit margin
680.9%
This company
8.1%
Market median
+8306% vs market
2020
2024
Asset turnover
0.01×
This company
1.12×
Market median
-99% vs market
2020
2024
Debt / equity
0.39×
This company
0.62×
Market median
+37% vs market
2020
2024
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 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
Management
Actively employed in the business
Name
Role
Member since
Current (2)
TE
Tor Einar Farstad
Deputy Member
Deputy Member
2013
HÅ
Harald Ås Farstad
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
FAREL AS
(this company)
ELIX AS
A & B Holding As
Bo Eiendomsselskap As
Board network connections
Board members of FAREL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tor Einar Farstad
Deputy Member
0 companies
Harald Ås Farstad
Chief Executive Officer
0 companies