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FORMAC AS
AS
Active
Org 926716336
Arbins gate 2, 0253 Oslo
Manufacture of other parts and accessories for motor vehicles · NACE 2932
Est. 2021
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,6M
-13% vs 2023
EBITDA margin
-31.1%
+18% vs 2023
Equity ratio
35.7%
Financial strength
Net profit 2024
NOK -1,1M
+18% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
-1M
2021
-1M
0%
2022
-1M
0%
2023
-1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 3,6M
-13%
EBITDA
NOK -1,1M
+18%
Net profit
NOK -1,1M
+18%
Total assets
NOK 682K
-46%
Equity
NOK 244K
-32%
Employees
1
—
Company information
Legal name
FORMAC AS
Org number
926716336
Legal form
Aksjeselskap
NACE code
2932 · Manufacture of other parts and accessories for motor vehicles
Founded
26. april 2021
Share capital
NOK 81 000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikling, produksjon og salg av spesialiserte produkter i bilindustrien.
Contact
Address
Arbins gate 2, 0253 Oslo
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Companies in Manufacture of other parts and accessories for motor vehicles
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
1M
2021
4M
2022
4M
2023
4M
2024
EBITDA
NOK millions
0M
-0M
-1M
-1M
-1M
-1M
2021
-1M
2022
-1M
2023
-1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
1 366
3 541
4 169
3 620
Staff expenses
−1 158
−1 245
−1 862
−1 196
EBITDA
−1 203
−925
−1 370
−1 125
Depreciation & amort.
−0
−0
−0
−0
EBIT
−1 203
−925
−1 370
−1 125
Net financials
35
0
0
0
Profit before tax
−1 168
−925
−1 370
−1 125
Tax
−0
−0
−0
−0
Net profit
−1 168
−925
−1 370
−1 125
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
984
1 140
1 267
682
Equity
627
208
356
244
Long-term debt
0
0
0
0
Short-term debt
357
932
910
438
Total debt
357
932
910
438
Financial ratios
5-year trend
EBITDA margin
-31.1%
This company
15.8%
Market median
-297% vs market
2021
2024
Equity ratio
35.7%
This company
38.2%
Market median
+7% vs market
2021
2024
Return on equity
-461.6%
This company
18.4%
Market median
-2609% vs market
2021
2024
Net profit margin
-31.1%
This company
8.1%
Market median
-484% vs market
2021
2024
Asset turnover
5.31×
This company
1.12×
Market median
+374% vs market
2021
2024
Debt / equity
1.80×
This company
0.62×
Market median
-190% vs market
2021
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 2021-03-10 – 2021-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JH
Jacob Henrik Hermansson
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FORMAC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jacob Henrik Hermansson
Chairman
0 companies