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B. FARNES AS
AS
Active
Org 923219609
Willas Vei 10, 3085 Holmestrand
Repair and maintenance of civilian ships and boats · NACE 3315
Est. 2019
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 585K
-29% vs 2023
EBITDA margin
7.1%
-64% vs 2023
Equity ratio
53.9%
Financial strength
Net profit 2024
NOK -79K
-202% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 585K
-29%
EBITDA
NOK 41K
-64%
Net profit
NOK -79K
-202%
Total assets
NOK 714K
-22%
Equity
NOK 385K
-17%
Employees
1
—
Company information
Legal name
B. FARNES AS
Org number
923219609
Legal form
Aksjeselskap
NACE code
3315 · Repair and maintenance of civilian ships and boats
Founded
19. august 2019
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller daglig leder alene.
Company purpose
Løft av og service og småreparasjoner på båter, utleie av kraner, samt deltagelse i andre selskap med lignende formål.
Contact
Address
Willas Vei 10, 3085 Holmestrand
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Explore
Companies in Repair and maintenance of civilian ships and boats
Companies in Holmestrand
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
422
571
479
825
585
Staff expenses
−0
−1
−2
−255
−159
EBITDA
249
274
194
114
41
Depreciation & amort.
−78
−95
−111
−112
−102
EBIT
171
179
84
2
−61
Net financials
−22
−17
76
−20
−18
Profit before tax
149
162
160
−18
−79
Tax
33
36
19
8
−0
Net profit
116
126
141
−26
−79
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
526
744
856
914
714
Equity
223
349
490
464
385
Long-term debt
246
322
318
318
243
Short-term debt
57
74
49
133
87
Total debt
303
395
366
450
329
Financial ratios
5-year trend
EBITDA margin
7.1%
This company
15.8%
Market median
-55% vs market
2020
2024
Equity ratio
53.9%
This company
38.2%
Market median
+41% vs market
2020
2024
Return on equity
-20.5%
This company
18.4%
Market median
-211% vs market
2020
2024
Net profit margin
-13.5%
This company
8.1%
Market median
-267% vs market
2020
2024
Asset turnover
0.82×
This company
1.12×
Market median
+27% vs market
2020
2024
Debt / equity
0.86×
This company
0.62×
Market median
+39% 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 (3)
SN
Solveig Ness Farnes
Board of Directors
2024
BF
Bendik Farnes
Chairman
2019
SS
Solveig Sørby Ness
Board of Directors
2024
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
No registered parent or subsidiaries
Board network connections
Board members of B. FARNES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Solveig Ness Farnes
Board of Directors
0 companies
Bendik Farnes
Chairman
0 companies
Solveig Sørby Ness
Board of Directors
0 companies