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FRODE AS
AS
Active
Org 918092544
Jordmor Magdalenes Vei 3, 9519 Kviby
Marine fishing · NACE 0311
Est. 2016
3 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,3M
-8% vs 2023
EBITDA margin
29.8%
+2% vs 2023
Equity ratio
45.8%
Financial strength
Net profit 2024
NOK 865K
-6% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
1M
2020
0M
-100%
2021
3M
+300%
2022
2M
-33%
2023
2M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 7,3M
-8%
EBITDA
NOK 2,2M
+2%
Net profit
NOK 865K
-6%
Total assets
NOK 8,8M
+4%
Equity
NOK 4M
+27%
Employees
3
—
Company information
Legal name
FRODE AS
Org number
918092544
Legal form
Aksjeselskap
NACE code
0311 · Marine fishing
Founded
23. november 2016
Share capital
NOK 160 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Selskapet skal drive med kystfiske, samt virksomhet som naturlig faller inn under dette.
Contact
Address
Jordmor Magdalenes Vei 3, 9519 Kviby
Risika for professionals
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Revenue
NOK millions
0M
2M
5M
7M
9M
2M
2020
2M
2021
6M
2022
8M
2023
7M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
1M
2020
0M
2021
3M
2022
2M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 841
2 338
6 197
7 933
7 305
Staff expenses
−639
−965
−1 521
−3 490
−2 582
EBITDA
551
181
2 995
2 133
2 174
Depreciation & amort.
−164
−182
−474
−769
−863
EBIT
387
−2
2 520
1 364
1 310
Net financials
−60
−52
−115
−184
−202
Profit before tax
327
−53
2 405
1 180
1 109
Tax
71
−12
529
260
244
Net profit
256
−42
1 876
920
865
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 001
2 254
8 348
8 481
8 805
Equity
411
369
2 245
3 166
4 030
Long-term debt
1 120
1 235
4 184
3 927
3 607
Short-term debt
470
650
1 919
1 388
1 168
Total debt
1 590
1 885
6 103
5 316
4 775
Financial ratios
5-year trend
EBITDA margin
29.8%
This company
15.8%
Market median
+89% vs market
2020
2024
Equity ratio
45.8%
This company
38.2%
Market median
+20% vs market
2020
2024
Return on equity
21.5%
This company
18.4%
Market median
+17% vs market
2020
2024
Net profit margin
11.8%
This company
8.1%
Market median
+46% vs market
2020
2024
Asset turnover
0.83×
This company
1.12×
Market median
+26% vs market
2020
2024
Debt / equity
1.18×
This company
0.62×
Market median
-90% 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)
ML
Martin Leon Værø
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
No data on file.
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
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Company hierarchy
FRODE AS
(this company)
EGEBERG KYSTFISKE AS
Board network connections
Board members of FRODE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Martin Leon Værø
Chief Executive Officer
0 companies