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FRITHJOF E RASMUSSEN AS
AS
Active
Org 915306306
Brobekkveien 38, 0598 Oslo
Wholesale of watches and jewellery · NACE 4648
Est. 1974
25 employees
www.feras.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 123,2M
+16% vs 2023
EBITDA margin
12.0%
+38% vs 2023
Equity ratio
81.2%
Financial strength
Net profit 2024
NOK 10,6M
+55% vs 2023
EBITDA — year on year
NOK millions
19M
14M
9M
5M
0M
6M
2020
8M
+33%
2021
9M
+13%
2022
11M
+22%
2023
15M
+36%
2024
Key figures
Annual report 2024
Revenue
NOK 123,2M
+16%
EBITDA
NOK 14,7M
+38%
Net profit
NOK 10,6M
+55%
Total assets
NOK 101,3M
+9%
Equity
NOK 82,2M
+15%
Employees
25
—
Company information
Legal name
FRITHJOF E RASMUSSEN AS
Org number
915306306
Legal form
Aksjeselskap
NACE code
4648 · Wholesale of watches and jewellery
Founded
7. februar 1974
Share capital
NOK 15 000 000
Employees
25 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Contact
Address
Brobekkveien 38, 0598 Oslo
Phone
+4722889120
Email
feras@feras.no
Website
www.feras.no
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Revenue
NOK millions
0M
35M
71M
106M
141M
46M
2020
66M
2021
75M
2022
106M
2023
123M
2024
EBITDA
NOK millions
0M
4M
9M
13M
17M
6M
2020
8M
2021
9M
2022
11M
2023
15M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
45 731
66 118
74 810
106 180
123 216
Staff expenses
−10 747
−13 671
−13 693
−19 019
−19 113
EBITDA
6 068
8 237
8 989
10 691
14 733
Depreciation & amort.
−779
−976
−906
−574
−544
EBIT
5 289
7 260
8 083
10 117
14 189
Net financials
−265
−138
−96
−1 328
−582
Profit before tax
5 024
7 123
7 987
8 789
13 607
Tax
1 107
1 568
1 760
1 948
3 018
Net profit
3 917
5 555
6 227
6 841
10 589
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
28 596
50 026
53 719
92 772
101 294
Equity
21 199
35 609
41 836
71 611
82 200
Long-term debt
0
0
0
0
0
Short-term debt
7 397
14 417
11 883
21 161
19 094
Total debt
7 397
14 417
11 883
21 161
19 094
Financial ratios
5-year trend
EBITDA margin
12.0%
This company
15.8%
Market median
-24% vs market
2020
2024
Equity ratio
81.2%
This company
38.2%
Market median
+113% vs market
2020
2024
Return on equity
12.9%
This company
18.4%
Market median
+30% vs market
2020
2024
Net profit margin
8.6%
This company
8.1%
Market median
+6% vs market
2020
2024
Asset turnover
1.22×
This company
1.12×
Market median
+9% vs market
2020
2024
Debt / equity
0.23×
This company
0.62×
Market median
+63% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KG
Kai Gustav Piene
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Time Trend As
Company
100%
100%
2024
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Company hierarchy
Uranus As
Ariel Holding As
Time Trend As
FRITHJOF E RASMUSSEN AS
(this company)
Board network connections
Board members of FRITHJOF E RASMUSSEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kai Gustav Piene
Chairman
0 companies