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FRED. OLSEN WINDCARRIER OPERATIONS AS
AS
Active
Org 921065841
Fred. Olsens Gate 2, 0152 Oslo
Construction of utility projects for electricity and telecommunications · NACE 4222
Est. 2018
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 296M
+100% vs 2023
EBITDA margin
7.0%
+155% vs 2023
Equity ratio
22.2%
Financial strength
Net profit 2024
NOK 17,1M
+221% vs 2023
EBITDA — year on year
NOK millions
26M
19M
13M
6M
-1M
-1M
2020
8M
+900%
2021
8M
0%
2022
8M
0%
2023
21M
+163%
2024
Key figures
Annual report 2024
Revenue
NOK 296M
+100%
EBITDA
NOK 20,7M
+155%
Net profit
NOK 17,1M
+221%
Total assets
NOK 112,8M
+29%
Equity
NOK 25M
+21%
Employees
0
—
Company information
Legal name
FRED. OLSEN WINDCARRIER OPERATIONS AS
Org number
921065841
Legal form
Aksjeselskap
NACE code
4222 · Construction of utility projects for electricity and telecommunications
Founded
27. juni 2018
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrelederen alene eller to styremedlemmer i fellesskap.
Company purpose
Handel med og investering i skip, verdipapirer og andre formuesobjekter, herunder deltakelse i andre selskaper med lignende virksomhet.
Contact
Address
Fred. Olsens Gate 2, 0152 Oslo
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Companies in Construction of utility projects for electricity and telecommunications
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
85M
170M
255M
340M
70M
2020
110M
2021
106M
2022
148M
2023
296M
2024
EBITDA
NOK millions
0M
6M
12M
18M
24M
-1M
2020
8M
2021
8M
2022
8M
2023
21M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
70 422
109 514
105 518
148 250
296 004
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−714
7 697
8 121
8 132
20 700
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−714
7 697
8 121
8 132
20 700
Net financials
−156
−1 872
−381
1 125
5 374
Profit before tax
−870
5 826
7 740
9 257
26 074
Tax
974
−0
−0
−0
−0
Net profit
−1 844
4 176
4 843
5 333
17 119
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
42 529
57 546
49 434
87 199
112 785
Equity
5 796
9 972
15 412
20 745
25 037
Long-term debt
0
0
0
0
817
Short-term debt
36 733
47 574
34 022
66 454
86 930
Total debt
36 733
47 574
34 022
66 454
87 747
Financial ratios
5-year trend
EBITDA margin
7.0%
This company
15.8%
Market median
-56% vs market
2020
2024
Equity ratio
22.2%
This company
38.2%
Market median
-42% vs market
2020
2024
Return on equity
68.4%
This company
18.4%
Market median
+272% vs market
2020
2024
Net profit margin
5.8%
This company
8.1%
Market median
-28% vs market
2020
2024
Asset turnover
2.62×
This company
1.12×
Market median
+134% vs market
2020
2024
Debt / equity
3.50×
This company
0.62×
Market median
-465% 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
Haakon Magne Ore
Chairman
2024
HK
Hjalmar Krogseth Moe
Board of Directors
2024
Former (1)
AS
Alexandra Stokkeland Koefoed
Board of Directors
2020 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Fred. Olsen Windcarrier Asa
Company
100%
100%
2024
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Company hierarchy
Fred. Olsen Windcarrier Asa
FRED. OLSEN WINDCARRIER OPERATIONS AS
(this company)
Board network connections
Board members of FRED. OLSEN WINDCARRIER OPERATIONS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Alexandra Stokkeland Koefoed
Board of Directors
0 companies
Haakon Magne Ore
Chairman
0 companies
Hjalmar Krogseth Moe
Board of Directors
0 companies