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ASActiveOrg 934039254Ferroveien 1, 9308 FinnsnesManufacture of basic iron and steel and of ferro-alloys · NACE 2410Est. 1983175 employees
Revenue 2024
NOK 1,2B
-12% vs 2023
EBITDA margin
10.4%
+348% vs 2023
Equity ratio
38.9%
Financial strength
Net profit 2024
NOK 28,9M
+172% vs 2023
| Revenue | NOK 1,2B | -12% |
| EBITDA | NOK 125,6M | +348% |
| Net profit | NOK 28,9M | +172% |
| Total assets | NOK 1,6B | +6% |
| Equity | NOK 628,9M | +4% |
| Employees | 175 | — |
Legal name
FINNFJORD AS
Org number
934039254
Legal form
Aksjeselskap
NACE code
2410 · Manufacture of basic iron and steel and of ferro-alloys
Founded
1. juli 1983
Share capital
NOK 2 600 000
Employees
175 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap. Daglig leder og styrets leder i fellesskap.
Company purpose
Industri-, handels-, engros- og konsulentvirksomhet, samt skal det kunne delta i andre selskaper med økonomisk formål.
Address
Ferroveien 1, 9308 Finnsnes
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 764 151 | 374 983 | 679 217 | 803 092 | 539 659 | 697 819 | 822 085 | 772 260 | 676 087 | 863 929 | 1 030 375 | 867 252 | 915 459 | 1 500 685 | 2 038 861 | 1 381 561 | 1 210 694 |
| Staff expenses | −68 827 | −59 706 | −77 241 | −83 872 | −80 699 | −86 685 | −104 046 | −91 623 | −96 019 | −106 337 | −109 710 | −113 192 | −116 132 | −133 659 | −145 983 | −147 711 | −156 609 |
| EBITDA | 114 574 | 1 821 | 129 615 | 98 039 | −75 736 | 34 532 | 78 427 | 50 346 | 64 656 | 151 181 | 210 226 | 96 699 | 169 457 | 284 265 | 401 466 | 28 052 | 125 612 |
| Depreciation & amort. | −19 406 | −19 872 | −19 271 | −19 475 | −20 843 | −22 465 | −37 640 | −36 379 | −34 490 | −28 691 | −24 900 | −25 733 | −25 678 | −27 075 | −27 325 | −27 341 | −30 615 |
| EBIT | 95 168 | −18 051 | 110 344 | 78 565 | −96 579 | 12 067 | 40 788 | 13 967 | 30 166 | 122 490 | 185 326 | 70 967 | 143 779 | 257 190 | 374 141 | 711 | 94 997 |
| Net financials | −31 173 | 20 232 | 14 506 | −390 | −7 899 | −17 957 | −62 495 | −57 705 | −43 647 | −65 810 | −35 465 | −25 290 | −27 064 | −7 253 | −21 722 | −51 493 | −57 924 |
| Profit before tax | 63 995 | 2 181 | 124 850 | 78 175 | −104 478 | −5 890 | −21 707 | −43 739 | −13 481 | 56 680 | 149 861 | 45 677 | 116 715 | 249 937 | 352 419 | −50 783 | 37 074 |
| Tax | 17 962 | 488 | 35 094 | 22 032 | −29 056 | −898 | −5 796 | −9 192 | −1 808 | 14 482 | 33 924 | 10 248 | 25 868 | 55 174 | 77 796 | −10 907 | 8 217 |
| Net profit | 46 033 | 1 693 | 89 757 | 56 143 | −75 422 | −4 992 | −15 911 | −34 546 | −11 672 | 42 198 | 115 937 | 35 429 | 90 847 | 194 763 | 274 623 | −39 876 | 28 857 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 377 294 | 279 208 | 343 750 | 572 602 | 878 015 | 955 728 | 946 219 | 940 832 | 962 925 | 893 595 | 868 075 | 898 165 | 958 176 | 1 465 996 | 1 677 582 | 1 522 529 | 1 615 439 |
| Equity | 111 699 | 103 384 | 164 341 | 220 484 | 145 062 | 140 094 | 124 237 | 89 690 | 78 018 | 120 216 | 236 152 | 271 581 | 349 928 | 442 871 | 642 871 | 602 016 | 628 939 |
| Long-term debt | 134 220 | 90 607 | 55 290 | 129 266 | 474 421 | 512 275 | 519 709 | 527 023 | 523 330 | 502 839 | 472 625 | 459 372 | 469 071 | 430 689 | 394 664 | 422 441 | 408 987 |
| Short-term debt | 131 375 | 85 217 | 124 120 | 222 851 | 258 532 | 303 359 | 302 273 | 324 119 | 361 576 | 270 540 | 159 297 | 167 212 | 139 178 | 591 404 | 638 098 | 491 244 | 569 607 |
| Total debt | 265 595 | 175 824 | 179 410 | 352 118 | 732 953 | 815 634 | 821 982 | 851 142 | 884 907 | 773 379 | 631 922 | 626 584 | 608 249 | 1 022 092 | 1 032 762 | 913 685 | 978 594 |
EBITDA margin
10.4%
This company
15.8%
Market median
-34% vs market
20082024
Equity ratio
38.9%
This company
38.2%
Market median
+2% vs market
20082024
Return on equity
4.6%
This company
18.4%
Market median
-75% vs market
20082024
Net profit margin
2.4%
This company
8.1%
Market median
-70% vs market
20082024
Asset turnover
0.75×
This company
1.12×
Market median
-33% vs market
20082024
Debt / equity
1.57×
This company
0.62×
Market median
-153% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
VO Deputy Member | Deputy Member | 2025 | — | — |
MI Deputy Member | Deputy Member | 2022 | — | — |
GH Chief Executive Officer | Chief Executive Officer | 2007 | — | — |
TH Deputy Member | Deputy Member | 2020 | — | — |
SM Deputy Member | Deputy Member | 2025 | — | — |
DO Deputy Member | Deputy Member | 2022 | — | — |
HM Deputy Member | Deputy Member | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Winco 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.
Winco As
FINNFJORD AS Board members of FINNFJORD AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Vidar Olsen | Deputy Member | 0 companies |
| Martin Isaksen | Deputy Member | 0 companies |
| Geir Henning Wintervoll | Chief Executive Officer | 0 companies |
| Trond Hagensen | Deputy Member | 0 companies |
| Ståle Monsen | Deputy Member | 0 companies |
| Dag-Andre Olsen | Deputy Member | 0 companies |
| Hanne Mette Hustad | Deputy Member | 0 companies |
| Kjersti Kleven | Board of Directors | 0 companies |
| Frode Thoresen | Board of Directors | 0 companies |
| Erik Ramm | Board of Directors | 0 companies |
| Espen Brox | Board of Directors | 0 companies |
| Vibeke Wintervoll | Board of Directors | 0 companies |
| Bjørn Dinesen | Board of Directors | 0 companies |
| Nils Petter Beck | Board of Directors | 0 companies |
| Edgar Arne Bjørkbom | Board of Directors | 0 companies |
| Geir Helge Wintervoll | Chairman | 0 companies |
| Tormod Bjørk | Board of Directors | 0 companies |