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FRII INVEST AS
AS
Active
Org 928772411
Arena By Schage Askekroken 11, 0277 Oslo
Economic activity was not specified by tax authority · NACE 0000
Est. 2022
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 105K
+26% vs 2023
EBITDA margin
73.4%
+927% vs 2023
Equity ratio
99.2%
Financial strength
Net profit 2024
NOK 60K
+931% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 105K
+26%
EBITDA
NOK 77K
+927%
Net profit
NOK 60K
+931%
Total assets
NOK 5,2M
+67994%
Equity
NOK 5,2M
+52845%
Employees
0
—
Company information
Legal name
FRII INVEST AS
Org number
928772411
Legal form
Aksjeselskap
NACE code
0000 · Economic activity was not specified by tax authority
Founded
21. februar 2022
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Investere i og eie aksjer, verdipapirer og andeler i andre selskaper, samt delta i og drive virksomheter som naturlig hører til dette.
Contact
Address
Arena By Schage Askekroken 11, 0277 Oslo
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Explore
Companies in Economic activity was not specified by tax authority
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
228
83
105
Staff expenses
−35
−15
−10
EBITDA
−7
−9
77
Depreciation & amort.
−0
−0
−0
EBIT
−7
−9
77
Net financials
0
0
0
Profit before tax
−7
−9
77
Tax
−0
−2
17
Net profit
−7
−7
60
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
18
8
5 211
Equity
17
10
5 171
Long-term debt
0
0
0
Short-term debt
1
−2
39
Total debt
1
−2
39
Financial ratios
5-year trend
EBITDA margin
73.4%
This company
15.8%
Market median
+365% vs market
2022
2024
Equity ratio
99.2%
This company
38.2%
Market median
+160% vs market
2022
2024
Return on equity
1.2%
This company
18.4%
Market median
-93% vs market
2022
2024
Net profit margin
57.2%
This company
8.1%
Market median
+606% vs market
2022
2024
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
2022
2024
Debt / equity
0.01×
This company
0.62×
Market median
+98% 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 2022-02-03 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AM
Andre Midtgaard
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (4)
BH
Bård Hovmand Windingstad
Board of Directors
2024
ES
Ellen Synnestvedt
Board of Directors
2023
PT
Pål Thore Krosby
Chairman
2023
MW
Mohammad Waseem Shad
Chairman
2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Midtgaard Invest As
Company
80%
80%
2023
Frii Group As
Company
20%
20%
2023
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
Ra2 Consulting As
Frii Group As
FRII INVEST AS
(this company)
Board network connections
Board members of FRII INVEST AS also hold positions in
0
other companies.
Person
Role here
Other companies
Andre Midtgaard
Chief Executive Officer
0 companies
Bård Hovmand Windingstad
Board of Directors
0 companies
Ellen Synnestvedt
Board of Directors
0 companies
Pål Thore Krosby
Chairman
0 companies
Mohammad Waseem Shad
Chairman
0 companies