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FRIGAARD ENTREPRENØR AS
AS
Bankrupt
Org 929576462
Sandesundsveien 2, 1724 Sarpsborg
Construction of residential and non-residential buildings · NACE 4100
Est. 2022
28 employees
www.frigaardentreprenor.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 549,2M
EBITDA margin
-9.0%
-16511191% vs 2022
Equity ratio
7.4%
Financial strength
Net profit 2023
NOK -41,2M
-13719169% vs 2022
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2022
-50M
-5000%
2023
Key figures
Annual report 2023
Revenue
NOK 549,2M
—
EBITDA
NOK -49,5M
-16511191%
Net profit
NOK -41,2M
-13719169%
Total assets
NOK 169,5M
+169946%
Equity
NOK 12,6M
+12510%
Employees
28
—
Company information
Legal name
FRIGAARD ENTREPRENØR AS
Org number
929576462
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
22. august 2022
Share capital
NOK 163 500
Employees
28 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Entreprenørvirksomhet innen bygg og anlegg, samt all virksomhet som står i forbindelse med dette.
Contact
Address
Sandesundsveien 2, 1724 Sarpsborg
Website
www.frigaardentreprenor.no
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Companies in Construction of residential and non-residential buildings
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All Norway companies
Revenue
NOK millions
0M
158M
316M
474M
631M
0M
2022
549M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
-50M
2023
Income statement
NOK thousands
Item
2022
2023
Revenue
0
549 152
Staff expenses
−0
−47 275
EBITDA
−0
−49 534
Depreciation & amort.
−0
−1 036
EBIT
−0
−50 570
Net financials
0
−2 191
Profit before tax
−0
−52 761
Tax
−0
−11 603
Net profit
−0
−41 158
Balance sheet
NOK thousands
Item
2022
2023
Total assets
100
169 536
Equity
100
12 572
Long-term debt
0
289
Short-term debt
0
156 675
Total debt
0
156 964
Financial ratios
5-year trend
EBITDA margin
-9.0%
This company
15.8%
Market median
-157% vs market
2022
2023
Equity ratio
7.4%
This company
38.2%
Market median
-81% vs market
2022
2023
Return on equity
-327.4%
This company
18.4%
Market median
-1879% vs market
2022
2023
Net profit margin
-7.5%
This company
8.1%
Market median
-193% vs market
2022
2023
Asset turnover
3.24×
This company
1.12×
Market median
+189% vs market
2022
2023
Debt / equity
12.48×
This company
0.62×
Market median
-1913% vs market
2022
2023
Annual reports & filings
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
Age
Other directorships
TO
Trond Olav Frigaard
Chief Executive Officer
Chief Executive Officer
2024
—
—
TØ
Tony Øvrevik
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
SN
Simon Nyquist Martinsen
Chairman
2022
—
—
LA
Lars Andreas Strid
Chairman
2025
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
FRIGAARD PROPERTY GROUP AS
Company
100.0%
100.0%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Frigaard As
Fpg Invest As
FRIGAARD PROPERTY GROUP AS
FRIGAARD ENTREPRENØR AS
(this company)
Board network connections
Board members of FRIGAARD ENTREPRENØR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Trond Olav Frigaard
Chief Executive Officer
0 companies
Tony Øvrevik
Chief Executive Officer
0 companies
Simon Nyquist Martinsen
Chairman
0 companies
Lars Andreas Strid
Chairman
0 companies