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FUNCTION ENERGY AS
AS
Active
Org 923243135
Fageråsveien 2, 5067 Bergen
Engroshandel med maskiner og utstyr til kraftproduksjon og installasjon · NACE 46691
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 3,7M
+154% vs 2020
EBITDA margin
3.9%
+116% vs 2020
Equity ratio
-57.5%
Financial strength
Net profit 2021
NOK 84K
+109% vs 2020
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
-1M
2019
-1M
0%
2020
0M
+100%
2021
Key figures
Annual report 2021
Revenue
NOK 3,7M
+154%
EBITDA
NOK 146K
+116%
Net profit
NOK 84K
+109%
Total assets
NOK 2,4M
+122%
Equity
NOK -1,4M
+6%
Employees
0
—
Company information
Legal name
FUNCTION ENERGY AS
Org number
923243135
Legal form
Aksjeselskap
NACE code
46691 · Engroshandel med maskiner og utstyr til kraftproduksjon og installasjon
Founded
22. august 2019
Share capital
NOK 10 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Engroshandel med maskiner og utstyr til kraftproduksjon og installasjon, teknisk konsulentvirksomhet, samt annet som er naturlig knyttet til dette.
Contact
Address
Fageråsveien 2, 5067 Bergen
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 Engroshandel med maskiner og utstyr til kraftproduksjon og installasjon
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
0M
2019
1M
2020
4M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
-1M
2019
-1M
2020
0M
2021
Income statement
NOK thousands
Item
2019
2020
2021
Revenue
29
1 471
3 737
Staff expenses
−363
−660
−2
EBITDA
−556
−931
146
Depreciation & amort.
−1
−21
−26
EBIT
−558
−952
121
Net financials
−25
−14
−36
Profit before tax
−582
−966
84
Tax
−0
−0
−0
Net profit
−582
−966
84
Balance sheet
NOK thousands
Item
2019
2020
2021
Total assets
538
1 071
2 372
Equity
−482
−1 449
−1 364
Long-term debt
0
0
0
Short-term debt
1 020
2 520
3 737
Total debt
1 020
2 520
3 737
Financial ratios
5-year trend
EBITDA margin
3.9%
This company
15.8%
Market median
-75% vs market
2019
2021
Equity ratio
-57.5%
This company
38.2%
Market median
-251% vs market
2019
2021
Return on equity
8434600.0%
This company
18.4%
Market median
+45840117% vs market
2019
2021
Net profit margin
2.3%
This company
8.1%
Market median
-72% vs market
2019
2021
Asset turnover
1.58×
This company
1.12×
Market median
+41% vs market
2019
2021
Debt / equity
2.74×
This company
0.62×
Market median
-342% vs market
2019
2021
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
KR
Knut-Erlend Rosvold
Chief Executive Officer
Chief Executive Officer
2019
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
FG
Frode Gandrud
Chairman
2019
—
—
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FUNCTION ENERGY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Knut-Erlend Rosvold
Chief Executive Officer
0 companies
Frode Gandrud
Chairman
0 companies