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FORSYST AS
AS
Active
Org 924480416
Bergemoveien 13, 4886 Grimstad
Engineering activities and related technical consultancy · NACE 7112
Est. 2020
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8K
-94% vs 2023
EBITDA margin
-326.1%
+42% vs 2023
Equity ratio
99.9%
Financial strength
Net profit 2024
NOK -24K
+43% 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 8K
-94%
EBITDA
NOK -24K
+42%
Net profit
NOK -24K
+43%
Total assets
NOK 61K
-35%
Equity
NOK 61K
-28%
Employees
2
—
Company information
Legal name
FORSYST AS
Org number
924480416
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
24. januar 2020
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Company purpose
Ingeniørtjenester og konsulentvirksomhet knyttet til dette.
Contact
Address
Bergemoveien 13, 4886 Grimstad
Email
support@forcyst.com
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Companies in Engineering activities and related technical consultancy
Companies in Grimstad
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
0M
2023
0M
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
598
150
258
125
8
Staff expenses
−0
−40
−120
−0
1
EBITDA
422
−121
−99
−42
−24
Depreciation & amort.
−0
−5
−4
−0
−0
EBIT
422
−126
−103
−42
−24
Net financials
0
−3
0
−0
0
Profit before tax
422
−128
−103
−42
−24
Tax
93
−0
−0
−0
−0
Net profit
329
−128
−103
−42
−24
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
440
238
128
95
61
Equity
359
231
127
85
61
Long-term debt
0
0
0
9
0
Short-term debt
80
7
1
1
0
Total debt
80
7
1
10
0
Financial ratios
5-year trend
EBITDA margin
-326.1%
This company
15.8%
Market median
-2164% vs market
2020
2024
Equity ratio
99.9%
This company
38.2%
Market median
+162% vs market
2020
2024
Return on equity
-39.3%
This company
18.4%
Market median
-314% vs market
2020
2024
Net profit margin
-320.8%
This company
8.1%
Market median
-4060% vs market
2020
2024
Asset turnover
0.12×
This company
1.12×
Market median
-89% vs market
2020
2024
Debt / equity
0.00×
This company
0.62×
Market median
+100% 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
Name
Role
Member since
Current (1)
GR
Ghali Raja Yakoub
Chief Executive Officer
Chief Executive Officer
2022
Former (1)
JO
Johan Olav Brakestad
Chief Executive Officer
Chief Executive Officer
2020 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JG
Joao Gouveia Aparicio Bento Leal
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
42.5%
42.5%
2022
Devio As
Company
15%
15%
2022
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Company hierarchy
Devio As
FORSYST AS
(this company)
Board network connections
Board members of FORSYST AS also hold positions in
0
other companies.
Person
Role here
Other companies
Johan Olav Brakestad
Chief Executive Officer
0 companies
Ghali Raja Yakoub
Chief Executive Officer
0 companies
Joao Gouveia Aparicio Bento Leal
Chairman
0 companies