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FREN AS
AS
Active
Org 928932966
Verpetveien 33, 1543 Vestby
Installation of industrial machinery and equipment · NACE 3320
Est. 2022
8 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,8M
+122500% vs 2023
EBITDA margin
2.1%
+3457% vs 2023
Equity ratio
9.9%
Financial strength
Net profit 2024
NOK 56K
+1417% 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 6,8M
+122500%
EBITDA
NOK 142K
+3457%
Net profit
NOK 56K
+1417%
Total assets
NOK 659K
+4966%
Equity
NOK 65K
+619%
Employees
8
—
Company information
Legal name
FREN AS
Org number
928932966
Legal form
Aksjeselskap
NACE code
3320 · Installation of industrial machinery and equipment
Founded
15. mars 2022
Share capital
NOK 30 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Company purpose
Murverksteknologi med tilhørende tjenester og produkter med fokus på nybygg, service- og vedlikeholdstjenester rettet mot forbrenningsteknologi.
Contact
Address
Verpetveien 33, 1543 Vestby
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Installation of industrial machinery and equipment
Companies in Vestby
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
0M
2022
0M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
0
6
6 804
Staff expenses
−0
−0
−3 139
EBITDA
−15
−4
142
Depreciation & amort.
−0
−0
−65
EBIT
−15
−4
76
Net financials
−2
−0
−11
Profit before tax
−17
−4
66
Tax
−0
−0
10
Net profit
−17
−4
56
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
18
13
659
Equity
13
9
65
Long-term debt
0
0
10
Short-term debt
5
4
584
Total debt
5
4
594
Financial ratios
5-year trend
EBITDA margin
2.1%
This company
15.8%
Market median
-87% vs market
2022
2024
Equity ratio
9.9%
This company
38.2%
Market median
-74% vs market
2022
2024
Return on equity
86.1%
This company
18.4%
Market median
+368% vs market
2022
2024
Net profit margin
0.8%
This company
8.1%
Market median
-90% vs market
2022
2024
Asset turnover
10.33×
This company
1.12×
Market median
+822% vs market
2022
2024
Debt / equity
9.15×
This company
0.62×
Market median
-1376% 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 2022-01-10 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
TS
Tomasz Sawicki
Chief Executive Officer
Chief Executive Officer
2025
—
—
MK
Marcus Kingdom-Clark
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
MØ
Marius Østlie
Chairman
2025
—
—
FB
Frode Bjørntvedt
Chairman
2024
—
—
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FREN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tomasz Sawicki
Chief Executive Officer
0 companies
Marcus Kingdom-Clark
Chief Executive Officer
0 companies
Marius Østlie
Chairman
0 companies
Frode Bjørntvedt
Chairman
0 companies