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FOLLA TECH VESTBY AS
AS
Active
Org 912536378
Tverrveien 4, 1540 Vestby
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 2013
0 employees
www.follatech.no
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 22,3M
-28% vs 2019
EBITDA margin
-35.6%
-195% vs 2019
Equity ratio
-5.3%
Financial strength
Net profit 2020
NOK -13M
-104% vs 2019
EBITDA — year on year
NOK millions
0M
-7M
-14M
-21M
-28M
-6M
2016
-22M
-267%
2017
-8M
+64%
2018
-3M
+63%
2019
-8M
-167%
2020
Key figures
Annual report 2020
Revenue
NOK 22,3M
-28%
EBITDA
NOK -7,9M
-195%
Net profit
NOK -13M
-104%
Total assets
NOK 40M
-17%
Equity
NOK -2,1M
-120%
Employees
0
—
Company information
Legal name
FOLLA TECH VESTBY AS
Org number
912536378
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
5. oktober 2013
Share capital
NOK 1 505 761 800
Employees
0
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Mekanisk industri og service, og annen virksomhet som står i naturlig forbindelse med dette.
Contact
Address
Tverrveien 4, 1540 Vestby
Website
www.follatech.no
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Companies in Support activities for petroleum and natural gas extraction
Companies in Vestby
All Norway companies
Revenue
NOK millions
0M
25M
51M
76M
101M
88M
2016
57M
2017
43M
2018
31M
2019
22M
2020
EBITDA
NOK millions
0M
-1M
-2M
-3M
-3M
-6M
2016
-22M
2017
-8M
2018
-3M
2019
-8M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
87 727
57 159
42 869
31 061
22 313
Staff expenses
−50 730
−41 836
−26 463
−19 491
−15 366
EBITDA
−5 660
−21 672
−8 334
−2 692
−7 935
Depreciation & amort.
−9 805
−28 897
−3 960
−3 007
−3 713
EBIT
−15 466
−50 569
−12 294
−5 699
−11 647
Net financials
−8 590
−63 207
−867
−664
−1 332
Profit before tax
−24 055
−113 776
−13 161
−6 363
−12 979
Tax
−2 679
−9 068
11 857
−0
−0
Net profit
−21 376
−104 708
−25 018
−6 363
−12 979
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
202 178
111 850
37 259
48 205
40 008
Equity
108 009
3 301
15 047
10 842
−2 138
Long-term debt
65 924
78 970
13 045
18 204
16 094
Short-term debt
28 245
29 579
9 167
19 159
26 052
Total debt
94 169
108 549
22 213
37 363
42 145
Financial ratios
5-year trend
EBITDA margin
-35.6%
This company
15.8%
Market median
-325% vs market
2016
2020
Equity ratio
-5.3%
This company
38.2%
Market median
-114% vs market
2016
2020
Return on equity
-1297927000.0%
This company
18.4%
Market median
-7053951187% vs market
2016
2020
Net profit margin
-58.2%
This company
8.1%
Market median
-819% vs market
2016
2020
Asset turnover
0.56×
This company
1.12×
Market median
-50% vs market
2016
2020
Debt / equity
19.72×
This company
0.62×
Market median
-3081% vs market
2016
2020
Annual reports & filings
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
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TK
Toni Kristin Solbakken
Board of Directors
2021
OD
Olav Dehli
Chairman
2021
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FOLLA TECH VESTBY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Toni Kristin Solbakken
Board of Directors
0 companies
Olav Dehli
Chairman
0 companies