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Fremst AS
AS
Active
Org 922941653
Strandveien 2B, 3050
Mjøndalen
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2019 · 7 years old
22 employees
Monitor
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Norway
/
Companies
/
Engineering activities and related technical consultancy
/
Fremst AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
35M
26M
17M
9M
0M
2021: 11M
11M
2021
2022: 13M (+18% vs 2021)
13M
+18%
2022
2023: 16M (+23% vs 2022)
16M
+23%
2023
2024: 24M (+50% vs 2023)
24M
+50%
2024
2025: 28M (+17% vs 2024)
28M
+17%
2025
EBITDA
NOK millions
5M
4M
2M
1M
0M
2021: 2M
2M
2021
2022: 1M (-50% vs 2021)
1M
-50%
2022
2023: 1M (0% vs 2022)
1M
0%
2023
2024: 4M (+300% vs 2023)
4M
+300%
2024
2025: 4M (0% vs 2024)
4M
0%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
28 368
24 403
15 957
12 825
11 225
Staff expenses
−20 496
−16 373
−12 240
−9 824
−7 973
EBITDA
3 829
3 787
950
865
1 566
Depreciation & amort.
−150
−144
−177
−157
−155
EBIT
3 679
3 642
773
708
1 411
Net financials
65
22
12
3
−40
Profit before tax
3 745
3 664
785
711
1 371
Tax
783
858
182
157
302
Net profit
2 962
2 806
603
554
1 069
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
11 817
10 186
7 328
5 519
5 331
Equity
3 821
2 884
2 568
1 965
1 611
Long-term debt
0
0
0
15
623
Short-term debt
7 996
7 302
4 760
3 540
3 098
Total debt
7 996
7 302
4 760
3 555
3 721
Financial ratios
5-year trend
EBITDA margin
13,5 %
This company
15,8 %
Market median
This company
Market median
15% below market
2021
2025
Equity ratio
32,3 %
This company
38,2 %
Market median
This company
Market median
15% below market
2021
2025
Return on equity
77,5 %
This company
18,4 %
Market median
This company
Market median
321% above market
2021
2025
Net profit margin
10,4 %
This company
8,1 %
Market median
This company
Market median
28% above market
2021
2025
Asset turnover
2,40×
This company
1,12×
Market median
This company
Market median
114% above market
2021
2025
Debt / equity
2,09×
This company
0,62×
Market median
This company
Market median
237% above 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
More on Fremst AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network