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FANG SOL AS
AS
Active
Org 915274323
Wernersholmvegen 18, 5232 Paradis
Engineering activities and related technical consultancy · NACE 7112
Est. 2015
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,5M
-6% vs 2023
EBITDA margin
16.1%
+9% vs 2023
Equity ratio
10.8%
Financial strength
Net profit 2024
NOK 784K
-17% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 6,5M
-6%
EBITDA
NOK 1,1M
+9%
Net profit
NOK 784K
-17%
Total assets
NOK 7,4M
+73%
Equity
NOK 794K
+7764%
Employees
2
—
Company information
Legal name
FANG SOL AS
Org number
915274323
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
28. april 2015
Share capital
NOK 500 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Bjørn audun bjørnestad
Company purpose
Salg og rådgivning av produkter og systemer innen energisparing.
Contact
Address
Wernersholmvegen 18, 5232 Paradis
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Companies in Engineering activities and related technical consultancy
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Revenue
NOK millions
0M
2M
4M
6M
8M
1M
2020
2M
2021
5M
2022
7M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
936
1 661
4 868
6 941
6 546
Staff expenses
−0
−12
−476
−1 614
−718
EBITDA
−154
−327
−332
963
1 053
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−154
−327
−332
963
1 053
Net financials
−2
−3
−3
−14
−69
Profit before tax
−157
−330
−334
949
984
Tax
−0
−0
−0
−0
200
Net profit
−157
−330
−334
949
784
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 415
2 706
3 801
4 261
7 383
Equity
−274
−604
−939
10
794
Long-term debt
1 416
2 448
3 191
3 380
5 103
Short-term debt
273
863
1 548
872
1 486
Total debt
1 689
3 310
4 740
4 251
6 588
Financial ratios
5-year trend
EBITDA margin
16.1%
This company
15.8%
Market median
+2% vs market
2020
2024
Equity ratio
10.8%
This company
38.2%
Market median
-72% vs market
2020
2024
Return on equity
98.7%
This company
18.4%
Market median
+436% vs market
2020
2024
Net profit margin
12.0%
This company
8.1%
Market median
+48% vs market
2020
2024
Asset turnover
0.89×
This company
1.12×
Market median
+21% vs market
2020
2024
Debt / equity
8.29×
This company
0.62×
Market median
-1237% 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 (1)
BA
Bjørn Audun Bjørnestad
Chief Executive Officer
Chief Executive Officer
2025
Former (1)
TM
Tim Molland
Chief Executive Officer
Chief Executive Officer
2023 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Former (1)
IM
Ignacio Morales Strømsnes
Deputy Chairman
2020 – 2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Annab As
Company
50%
50%
2024
Madeleine Bjørnestad Røed
Individual
5%
5%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FANG SOL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tim Molland
Chief Executive Officer
0 companies
Bjørn Audun Bjørnestad
Chief Executive Officer
0 companies
Ignacio Morales Strømsnes
Deputy Chairman
0 companies