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ASActiveOrg 913450620Olav Tryggvasons Gate 42, 7011 TrondheimButikkhandel med byggevarer ikke nevnt annet sted · NACE 47529Est. 20140 employees
Revenue 2019
NOK 6,1M
+47% vs 2018
EBITDA margin
-7.0%
+34% vs 2018
Equity ratio
28.1%
Financial strength
Net profit 2019
NOK -326K
+37% vs 2018
| Revenue | NOK 6,1M | +47% |
| EBITDA | NOK -425K | +34% |
| Net profit | NOK -326K | +37% |
| Total assets | NOK 2,7M | +79% |
| Equity | NOK 759K | +797% |
| Employees | 0 | — |
Legal name
FREE ENERGY AS
Org number
913450620
Legal form
Aksjeselskap
NACE code
47529 · Butikkhandel med byggevarer ikke nevnt annet sted
Founded
1. april 2014
Share capital
NOK 200 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å markedsføre og selge industrielle produkter til vvs bransjen/byggebransjen, samt videreselge eksisterende industrielle produkter til det globale markedet og alt hva derved står i forbindelse, samt med aksjeinnskudd, eller på annen måte delta i virksomhet med tilsvarende formå|. Selskapet kan også foreta andre investeringer så lenge dette står i naturlig sammenheng med selskapets primærvirksomhet.
Address
Olav Tryggvasons Gate 42, 7011 Trondheim
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Revenue | 1 030 | 1 442 | 3 098 | 4 136 | 6 099 |
| Staff expenses | −288 | −171 | −512 | −736 | −143 |
| EBITDA | −468 | −150 | −533 | −642 | −425 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 |
| EBIT | −468 | −150 | −533 | −642 | −425 |
| Net financials | 0 | −0 | −0 | −3 | 7 |
| Profit before tax | −468 | −150 | −533 | −645 | −417 |
| Tax | −118 | −31 | −116 | −130 | −92 |
| Net profit | −350 | −119 | −417 | −515 | −326 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Total assets | 1 098 | 682 | 1 825 | 1 513 | 2 705 |
| Equity | 135 | 16 | 599 | 85 | 759 |
| Long-term debt | 0 | 109 | −29 | 0 | 0 |
| Short-term debt | 963 | 558 | 1 255 | 1 428 | 1 946 |
| Total debt | 963 | 666 | 1 226 | 1 428 | 1 946 |
EBITDA margin
-7.0%
This company
15.8%
Market median
-144% vs market
20152019
Equity ratio
28.1%
This company
38.2%
Market median
-26% vs market
20152019
Return on equity
-42.9%
This company
18.4%
Market median
-333% vs market
20152019
Net profit margin
-5.3%
This company
8.1%
Market median
-165% vs market
20152019
Asset turnover
2.25×
This company
1.12×
Market median
+101% vs market
20152019
Debt / equity
2.56×
This company
0.62×
Market median
-313% vs market
20152019
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
| Name | Role | Member since |
|---|---|---|
| Former (1) | ||
JM Chief Executive Officer | Chief Executive Officer | 2017 – 2021 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2021 | |
| Chairman | 2021 | |
| Board of Directors | 2021 | |
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.
No registered parent or subsidiaries
Board members of FREE ENERGY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Johan Marcus Kanewoff | Chief Executive Officer | 0 companies |
| Rolf Lillemo | Board of Directors | 0 companies |
| Anders Skjærvik | Chairman | 0 companies |
| Roar Petersen | Board of Directors | 0 companies |