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FRANK RAMSTAD AS
AS
Active
Org 932599759
Orkdalsveien 982, 7392 Rennebu
Freight transport by road · NACE 4941
Est. 2023
7 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5M
+124% vs 2023
EBITDA margin
8.5%
+141% vs 2023
Equity ratio
28.2%
Financial strength
Net profit 2024
NOK 6K
+106% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 5M
+124%
EBITDA
NOK 426K
+141%
Net profit
NOK 6K
+106%
Total assets
NOK 4M
+125%
Equity
NOK 1,1M
+1%
Employees
7
—
Company information
Legal name
FRANK RAMSTAD AS
Org number
932599759
Legal form
Aksjeselskap
NACE code
4941 · Freight transport by road
Founded
12. desember 2023
Share capital
NOK 231 000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Entreprenørvirksomhet, investering i fast eiendom, investering i og deltakelse i andre selskaper og alt som naturlig hører sammen med dette.
Contact
Address
Orkdalsveien 982, 7392 Rennebu
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Companies in Freight transport by road
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Revenue
NOK millions
0M
1M
3M
4M
6M
2M
2023
5M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
2 231
4 989
Staff expenses
−509
−776
EBITDA
177
426
Depreciation & amort.
−244
−297
EBIT
−67
129
Net financials
−59
−121
Profit before tax
−126
8
Tax
−28
2
Net profit
−98
6
Balance sheet
NOK thousands
Item
2023
2024
Total assets
1 793
4 039
Equity
1 135
1 141
Long-term debt
643
2 210
Short-term debt
15
688
Total debt
659
2 898
Financial ratios
5-year trend
EBITDA margin
8.5%
This company
15.8%
Market median
-46% vs market
2023
2024
Equity ratio
28.2%
This company
38.2%
Market median
-26% vs market
2023
2024
Return on equity
0.5%
This company
18.4%
Market median
-97% vs market
2023
2024
Net profit margin
0.1%
This company
8.1%
Market median
-99% vs market
2023
2024
Asset turnover
1.24×
This company
1.12×
Market median
+11% vs market
2023
2024
Debt / equity
2.54×
This company
0.62×
Market median
-310% 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 2023-10-06 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
FR
Frank Ramstad
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RG
Runa Gisnås Ramstad
Board of Directors
2023
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FRANK RAMSTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frank Ramstad
Chief Executive Officer
0 companies
Runa Gisnås Ramstad
Board of Directors
0 companies