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FLEX LNG MANAGEMENT AS
AS
Active
Org 920626289
Bryggegata 3, 0250 Oslo
Business and other management consultancy activities · NACE 7020
Est. 2018
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 47,3M
+12% vs 2023
EBITDA margin
8.1%
+50% vs 2023
Equity ratio
21.0%
Financial strength
Net profit 2024
NOK 4,2M
+183% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
1M
2020
3M
+200%
2021
2M
-33%
2022
3M
+50%
2023
4M
+33%
2024
Key figures
Annual report 2024
Revenue
NOK 47,3M
+12%
EBITDA
NOK 3,8M
+50%
Net profit
NOK 4,2M
+183%
Total assets
NOK 50,1M
+124%
Equity
NOK 10,5M
+65%
Employees
6
—
Company information
Legal name
FLEX LNG MANAGEMENT AS
Org number
920626289
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
19. mars 2018
Share capital
NOK 30 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene, eller to styremedlemmer i fellesskap.
Company purpose
Salg av administrative tjenester og det som står i forbindelse med dette.
Contact
Address
Bryggegata 3, 0250 Oslo
Phone
+4723114000
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Revenue
NOK millions
0M
14M
27M
41M
54M
20M
2020
40M
2021
35M
2022
42M
2023
47M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
1M
2020
3M
2021
2M
2022
3M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
20 108
39 541
35 261
42 372
47 348
Staff expenses
−15 001
−32 517
−27 138
−31 890
−33 321
EBITDA
1 127
2 743
2 491
2 564
3 847
Depreciation & amort.
−10
−8
−0
−0
−0
EBIT
1 117
2 735
2 491
2 564
3 847
Net financials
−487
2
548
−335
1 665
Profit before tax
630
2 736
3 038
2 230
5 512
Tax
165
636
765
760
1 352
Net profit
465
2 100
2 273
1 470
4 160
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 747
11 505
41 899
22 382
50 136
Equity
517
2 617
4 889
6 358
10 519
Long-term debt
2
0
0
0
0
Short-term debt
3 229
8 889
37 010
16 024
39 617
Total debt
3 230
8 889
37 010
16 024
39 617
Financial ratios
5-year trend
EBITDA margin
8.1%
This company
15.8%
Market median
-49% vs market
2020
2024
Equity ratio
21.0%
This company
38.2%
Market median
-45% vs market
2020
2024
Return on equity
39.6%
This company
18.4%
Market median
+115% vs market
2020
2024
Net profit margin
8.8%
This company
8.1%
Market median
+9% vs market
2020
2024
Asset turnover
0.94×
This company
1.12×
Market median
+16% vs market
2020
2024
Debt / equity
3.77×
This company
0.62×
Market median
-508% 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 (2)
HM
Halfdan Marius Foss
Chairman
2025
KT
Knut Traaholt
Board of Directors
2021
Former (1)
ØM
Øystein Moksheim Kalleklev
Chairman
2021 – 2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Flex Lng Ltd
Company
100%
100%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FLEX LNG MANAGEMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Halfdan Marius Foss
Chairman
0 companies
Øystein Moksheim Kalleklev
Chairman
0 companies
Knut Traaholt
Board of Directors
0 companies