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FERAG NORDIC AS
AS
Active
Org 935705630
Karihaugveien 89, 1086 Oslo
Wholesale of machine tools · NACE 4662
Est. 1984
2 employees
www.wrh-global-nordic.com
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,3M
-46% vs 2023
EBITDA margin
-33.7%
+19% vs 2023
Equity ratio
-1055.5%
Financial strength
Net profit 2024
NOK -1,7M
+16% vs 2023
EBITDA — year on year
NOK millions
0M
-1M
-1M
-2M
-3M
0M
2020
0M
0%
2021
-1M
-100%
2022
-2M
-100%
2023
-1M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 4,3M
-46%
EBITDA
NOK -1,5M
+19%
Net profit
NOK -1,7M
+16%
Total assets
NOK 494K
-56%
Equity
NOK -5,2M
-47%
Employees
2
—
Company information
Legal name
FERAG NORDIC AS
Org number
935705630
Legal form
Aksjeselskap
NACE code
4662 · Wholesale of machine tools
Founded
15. august 1984
Share capital
—
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Karihaugveien 89, 1086 Oslo
Website
www.wrh-global-nordic.com
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Companies in Wholesale of machine tools
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Revenue
NOK millions
0M
3M
6M
9M
12M
0M
2020
8M
2021
10M
2022
8M
2023
4M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
-1M
2022
-2M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
7 842
9 659
7 938
4 325
Staff expenses
−0
−0
−0
−0
−0
EBITDA
0
−309
−1 244
−1 804
−1 460
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
0
−309
−1 244
−1 804
−1 460
Net financials
0
−81
−59
−164
−197
Profit before tax
0
−390
−1 304
−1 968
−1 656
Tax
−0
−0
−0
−0
−0
Net profit
0
−390
−1 304
−1 968
−1 656
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
—
2 090
1 524
1 119
494
Equity
—
−290
−1 593
−3 561
−5 218
Long-term debt
0
0
0
0
0
Short-term debt
0
2 380
3 117
4 681
5 712
Total debt
0
2 380
3 117
4 681
5 712
Financial ratios
5-year trend
EBITDA margin
-33.7%
This company
15.8%
Market median
-313% vs market
2020
2024
Equity ratio
-1055.5%
This company
38.2%
Market median
-2863% vs market
2020
2024
Return on equity
-165638200.0%
This company
18.4%
Market median
-900207709% vs market
2020
2024
Net profit margin
-38.3%
This company
8.1%
Market median
-573% vs market
2020
2024
Asset turnover
8.75×
This company
1.12×
Market median
+681% vs market
2020
2024
Debt / equity
1.09×
This company
0.62×
Market median
-76% vs market
2020
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 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-04-01 – 2020-03-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
EF
Erik Finstad
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TR
Tommaso Ramundo
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ferag Ag
Company
100%
100%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FERAG NORDIC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erik Finstad
Chief Executive Officer
0 companies
Tommaso Ramundo
Chairman
0 companies