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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 · 5 years old
1 employees
Monitor
Share
Norway
/
Companies
/
Manufacture of other parts and accessories for motor vehicles
/
Formac AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
5M
4M
2M
1M
0M
2021: 1M
1M
2021
2022: 4M (+300% vs 2021)
4M
+300%
2022
2023: 4M (0% vs 2022)
4M
0%
2023
2024: 4M (0% vs 2023)
4M
0%
2024
EBITDA
NOK millions
0M
0M
-1M
-1M
-1M
2021: -1M
-1M
2021
2022: -1M (0% vs 2021)
-1M
0%
2022
2023: -1M (0% vs 2022)
-1M
0%
2023
2024: -1M (0% vs 2023)
-1M
0%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
Revenue
3 620
4 169
3 541
1 366
Staff expenses
−1 196
−1 862
−1 245
−1 158
EBITDA
−1 125
−1 370
−925
−1 203
Depreciation & amort.
−0
−0
−0
−0
EBIT
−1 125
−1 370
−925
−1 203
Net financials
0
0
0
35
Profit before tax
−1 125
−1 370
−925
−1 168
Tax
−0
−0
−0
−0
Net profit
−1 125
−1 370
−925
−1 168
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
Total assets
682
1 267
1 140
984
Equity
244
356
208
627
Long-term debt
0
0
0
0
Short-term debt
438
910
932
357
Total debt
438
910
932
357
Financial ratios
5-year trend
EBITDA margin
−31,1 %
This company
15,8 %
Market median
This company
Market median
297% below market
2021
2024
Equity ratio
35,7 %
This company
38,2 %
Market median
This company
Market median
7% below market
2021
2024
Return on equity
−461,6 %
This company
18,4 %
Market median
This company
Market median
>999% below market
2021
2024
Net profit margin
−31,1 %
This company
8,1 %
Market median
This company
Market median
484% below market
2021
2024
Asset turnover
5,31×
This company
1,12×
Market median
This company
Market median
374% above market
2021
2024
Debt / equity
1,80×
This company
0,62×
Market median
This company
Market median
190% above 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
More on Formac AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
