What is the Org number of AS FORMVAC?

AS FORMVAC is registered with Brønnøysundsregistrene under Org 911754037.

What is the revenue of AS FORMVAC?

AS FORMVAC reported revenue of NOK 16,8M in 2025.

How many employees does AS FORMVAC have?

AS FORMVAC employs 18 people as of the latest annual report.

Who is the CEO of AS FORMVAC?

Stein Inge Rem is the CEO of AS FORMVAC, in role since 2023.

Who is the chairman of AS FORMVAC?

Per Olav Langaker chairs the board of AS FORMVAC, in role since 2026.

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AS FORMVAC

ASActive

Org 911754037Processing and finishing of plastic products· NACE 2225Est. 1962 · 63 years old18 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	12 648	15 823	13 551	16 320	16 771
Staff expenses	−5 990	−7 578	−6 720	−7 307	−7 354
EBITDA	894	482	119	1 449	1 296
Depreciation & amort.	−388	−398	−129	−127	−222
EBIT	506	84	−10	1 322	1 074
Net financials	−82	−105	−168	−55	−158
Profit before tax	424	−20	−178	1 267	916
Tax	7	−26	−277	280	202
Net profit	417	6	99	987	714

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	6 787	6 598	6 746	8 501	13 009
Equity	1 656	1 663	2 662	3 649	5 533
Long-term debt	2 026	1 387	152	0	3 570
Short-term debt	3 105	3 548	3 932	4 852	3 907
Total debt	5 131	4 935	4 084	4 852	7 476

Financial ratios

5-year trend

EBITDA margin

7.7%

This company

15.8%

Market median

-51% vs market

20212025

Equity ratio

42.5%

This company

38.2%

Market median

+11% vs market

20212025

Return on equity

12.9%

This company

18.4%

Market median

+30% vs market

20212025

Net profit margin

4.3%

This company

8.1%

Market median

-47% vs market

20212025

Asset turnover

1.29×

This company

1.12×

Market median

+15% vs market

20212025

Debt / equity

1.35×

This company

0.62×

Market median

-118% vs market

20212025

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
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

AS FORMVAC

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on AS FORMVAC

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on AS FORMVAC