Loading company…
Riskpilot
← Back to search
Sign in
Get full access
FO UTVIKLING AS
AS
Active
Org 920642535
Mannhellervegen 100, 6856 Sogndal
Development of building projects · NACE 6812
Est. 2018
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 5,3M
-15% vs 2024
EBITDA margin
19.9%
+3% vs 2024
Equity ratio
27.6%
Financial strength
Net profit 2025
NOK 747K
+11% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 5,3M
-15%
EBITDA
NOK 1M
+3%
Net profit
NOK 747K
+11%
Total assets
NOK 6,2M
+52%
Equity
NOK 1,7M
+77%
Employees
0
—
Company information
Legal name
FO UTVIKLING AS
Org number
920642535
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
22. mars 2018
Share capital
NOK 300 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Kjøp/drift og utvikling av fast eiendom. Graving og annet arbeid med gravemaskin.
Contact
Address
Mannhellervegen 100, 6856 Sogndal
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Development of building projects
Companies in Sogndal
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
0M
2021
0M
2022
0M
2023
6M
2024
5M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
145
154
108
6 208
5 265
Staff expenses
−0
−0
−0
−0
−0
EBITDA
75
106
37
1 019
1 047
Depreciation & amort.
−2
−3
−3
−9
−0
EBIT
73
102
33
1 010
1 047
Net financials
−24
−85
−191
−190
−88
Profit before tax
49
17
−158
820
959
Tax
11
4
−3
149
212
Net profit
38
13
−155
672
747
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
1 529
2 872
3 226
4 079
6 217
Equity
439
452
297
968
1 716
Long-term debt
551
2 403
2 400
1 500
0
Short-term debt
540
17
529
1 611
3 402
Total debt
1 091
2 420
2 929
3 111
4 502
Financial ratios
5-year trend
EBITDA margin
19.9%
This company
15.8%
Market median
+26% vs market
2021
2025
Equity ratio
27.6%
This company
38.2%
Market median
-28% vs market
2021
2025
Return on equity
43.5%
This company
18.4%
Market median
+136% vs market
2021
2025
Net profit margin
14.2%
This company
8.1%
Market median
+75% vs market
2021
2025
Asset turnover
0.85×
This company
1.12×
Market median
+24% vs market
2021
2025
Debt / equity
2.62×
This company
0.62×
Market median
-323% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
KJ
Knut Jarle Orrestad
Board of Directors
2018
RF
Rune Flatland
Chairman
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
50%
50%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FO UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Knut Jarle Orrestad
Board of Directors
0 companies
Rune Flatland
Chairman
0 companies