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FORE BÅT OG MOTORSERVICE AS
AS
Active
Org 928233723
Foreveien 141, 8146 Reipå
Repair and maintenance of civilian ships and boats · NACE 3315
Est. 2021
22 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 36M
+68% vs 2023
EBITDA margin
21.1%
+125% vs 2023
Equity ratio
34.5%
Financial strength
Net profit 2024
NOK 1,4M
+214% vs 2023
EBITDA — year on year
NOK millions
10M
8M
5M
3M
0M
5M
2022
3M
-40%
2023
8M
+167%
2024
Key figures
Annual report 2024
Revenue
NOK 36M
+68%
EBITDA
NOK 7,6M
+125%
Net profit
NOK 1,4M
+214%
Total assets
NOK 60,4M
+5%
Equity
NOK 20,8M
+7%
Employees
22
—
Company information
Legal name
FORE BÅT OG MOTORSERVICE AS
Org number
928233723
Legal form
Aksjeselskap
NACE code
3315 · Repair and maintenance of civilian ships and boats
Founded
27. november 2021
Share capital
NOK 345 000
Employees
22 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daniel kristensen
Company purpose
Reparasjon og vedlikehold av kyst- og fritidsbåter, samt salg av tilhørende produkter, og det som har naturlig sammenheng med dette.
Contact
Address
Foreveien 141, 8146 Reipå
Phone
+4799256905
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Companies in Repair and maintenance of civilian ships and boats
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Revenue
NOK millions
0M
10M
21M
31M
41M
24M
2022
21M
2023
36M
2024
EBITDA
NOK millions
0M
2M
5M
7M
9M
5M
2022
3M
2023
8M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
23 542
21 442
35 975
Staff expenses
−4 752
−4 623
−5 903
EBITDA
4 849
3 385
7 602
Depreciation & amort.
−690
−2 886
−3 339
EBIT
4 159
500
4 262
Net financials
−1 461
−1 871
−2 798
Profit before tax
2 699
−1 371
1 464
Tax
587
−131
54
Net profit
2 112
−1 241
1 410
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
53 092
57 675
60 411
Equity
15 656
19 416
20 826
Long-term debt
33 645
34 038
35 897
Short-term debt
3 790
4 220
3 687
Total debt
37 435
38 259
39 584
Financial ratios
5-year trend
EBITDA margin
21.1%
This company
15.8%
Market median
+34% vs market
2022
2024
Equity ratio
34.5%
This company
38.2%
Market median
+10% vs market
2022
2024
Return on equity
6.8%
This company
18.4%
Market median
-63% vs market
2022
2024
Net profit margin
3.9%
This company
8.1%
Market median
-52% vs market
2022
2024
Asset turnover
0.60×
This company
1.12×
Market median
-46% vs market
2022
2024
Debt / equity
1.90×
This company
0.62×
Market median
-206% vs market
2022
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
DK
Daniel Kristensen
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
GA
Gjermund Arne Kambestad
Chairman
2024
Former (1)
ES
Eirik Sørgård
Chairman
2022 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Fore Holding As
Company
84%
84%
2024
Jg Investments As
Company
10%
10%
2024
Einar Erlend As
Company
6%
6%
2024
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
Jg Investments As
FORE BÅT OG MOTORSERVICE AS
(this company)
Board network connections
Board members of FORE BÅT OG MOTORSERVICE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Daniel Kristensen
Chief Executive Officer
0 companies
Eirik Sørgård
Chairman
0 companies
Gjermund Arne Kambestad
Chairman
0 companies