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FLEXFUELS AS
AS
Active
Org 931626582
Helganesvegen 59, 4262 Avaldsnes
Engineering activities and related technical consultancy · NACE 7112
Est. 2023
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,2M
EBITDA margin
-91.0%
Equity ratio
-15.6%
Financial strength
Net profit 2024
NOK -2,9M
0 employees
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2023
-3M
-300%
2024
Key figures
Annual report 2024
Revenue
NOK 3,2M
—
EBITDA
NOK -2,9M
—
Net profit
NOK -2,9M
—
Total assets
NOK 18,3M
+74850%
Equity
NOK -2,9M
-11828%
Employees
0
—
Company information
Legal name
FLEXFUELS AS
Org number
931626582
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
23. juni 2023
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikle prosjekter innen fuelproduksjon og petrokjemisk industri.
Contact
Address
Helganesvegen 59, 4262 Avaldsnes
Risika for professionals
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Companies in Engineering activities and related technical consultancy
Companies in Karmøy
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
-3M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
0
3 225
Staff expenses
−0
−1 794
EBITDA
0
−2 936
Depreciation & amort.
−0
−0
EBIT
0
−2 936
Net financials
0
47
Profit before tax
0
−2 890
Tax
−0
−0
Net profit
0
−2 890
Balance sheet
NOK thousands
Item
2023
2024
Total assets
24
18 310
Equity
24
−2 865
Long-term debt
0
0
Short-term debt
0
21 175
Total debt
0
21 175
Financial ratios
5-year trend
EBITDA margin
-91.0%
This company
15.8%
Market median
-676% vs market
2023
2024
Equity ratio
-15.6%
This company
38.2%
Market median
-141% vs market
2023
2024
Return on equity
-288951900.0%
This company
18.4%
Market median
-1570390861% vs market
2023
2024
Net profit margin
-89.6%
This company
8.1%
Market median
-1206% vs market
2023
2024
Asset turnover
0.18×
This company
1.12×
Market median
-84% vs market
2023
2024
Debt / equity
7.39×
This company
0.62×
Market median
-1092% vs market
2023
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
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
PV
Pål Vigmostad
Chief Executive Officer
Chief Executive Officer
2024
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
ML
Marielle Løvås
Chairman
2023
—
—
TV
Tom Victor Nysted
Chairman
2024
—
—
JH
Jostein Hjorteland
Board of Directors
2025
—
—
KE
Karl Eivind Høines
Board of Directors
2023
—
—
ES
Eilef Stange
Chairman
2023
—
—
AT
Anders Torp Rød
Chairman
2025
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Molgas Norway As
Company
62.5%
62.5%
2024
G&V Maritim As
Company
37.5%
37.5%
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
Kapstø As
G&V Maritim As
FLEXFUELS AS
(this company)
Board network connections
Board members of FLEXFUELS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Pål Vigmostad
Chief Executive Officer
0 companies
Marielle Løvås
Chairman
0 companies
Tom Victor Nysted
Chairman
0 companies
Jostein Hjorteland
Board of Directors
0 companies
Karl Eivind Høines
Board of Directors
0 companies
Eilef Stange
Chairman
0 companies
Anders Torp Rød
Chairman
0 companies