Riskpilot← Back to searchSign inGet full accessFRED OLSEN DEVELOPMENT AS
ASActiveOrg 916823835Gullkroken 10F, 0377 OsloProgrammeringstjenester · NACE 62010Est. 20162 employees
Revenue 2023
NOK 2,1M
+12% vs 2022
EBITDA margin
15.3%
+111% vs 2022
Equity ratio
7.0%
Financial strength
Net profit 2023
NOK 41K
+193% vs 2022
| Revenue | NOK 2,1M | +12% |
| EBITDA | NOK 323K | +111% |
| Net profit | NOK 41K | +193% |
| Total assets | NOK 1,2M | -40% |
| Equity | NOK 86K | +94% |
| Employees | 2 | — |
Legal name
FRED OLSEN DEVELOPMENT AS
Org number
916823835
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
1. mars 2016
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Fred michael olsen
Company purpose
Utvikling og salg av programvare, herunder nettsider og mobilapplikasjoner og andre produkter som naturlig faller sammen med dette, konsulentvirksomhet, bedriftsrådgivning, kjøp og salg av aksjer, verdipapirer og andeler i andre selskaper, kjøp og salg av fast eiendom og virksomhet som naturlig hører dertil.
Address
Gullkroken 10F, 0377 Oslo
Phone
+4790128800
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 1 102 | 1 633 | 927 | 1 890 | 2 114 |
| Staff expenses | −810 | −1 055 | −521 | −1 422 | −1 557 |
| EBITDA | 235 | 269 | 190 | 153 | 323 |
| Depreciation & amort. | −0 | −0 | −77 | −112 | −199 |
| EBIT | 235 | 269 | 113 | 41 | 124 |
| Net financials | 0 | −6 | −15 | −23 | −71 |
| Profit before tax | 235 | 262 | 98 | 18 | 53 |
| Tax | 44 | 58 | 22 | 4 | 12 |
| Net profit | 191 | 205 | 76 | 14 | 41 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total assets | 931 | 568 | 596 | 2 032 | 1 225 |
| Equity | 124 | 235 | 106 | 44 | 86 |
| Long-term debt | 0 | 0 | 2 | 1 441 | 793 |
| Short-term debt | 807 | 333 | 488 | 547 | 346 |
| Total debt | 807 | 333 | 490 | 1 987 | 1 139 |
EBITDA margin
15.3%
This company
15.8%
Market median
+3% vs market
20192023
Equity ratio
7.0%
This company
38.2%
Market median
-82% vs market
20192023
Return on equity
48.4%
This company
18.4%
Market median
+163% vs market
20192023
Net profit margin
2.0%
This company
8.1%
Market median
-75% vs market
20192023
Asset turnover
1.73×
This company
1.12×
Market median
+54% vs market
20192023
Debt / equity
13.30×
This company
0.62×
Market median
-2045% vs market
20192023
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2024 | |
| Chairman | 2022 | |
No shareholder data available.
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No registered parent or subsidiaries
Board members of FRED OLSEN DEVELOPMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Fred Michael Olsen | Chairman | 0 companies |
| Egil Njål Farstadvoll | Chairman | 0 companies |