What is the Org number of FAVORITTEN AS?

FAVORITTEN AS is registered with Brønnøysundsregistrene under Org 936045073.

What is the revenue of FAVORITTEN AS?

FAVORITTEN AS reported revenue of NOK 85K in 2023.

Who is the CEO of FAVORITTEN AS?

Toralv Rønstad is Chief Executive Officer of FAVORITTEN AS, in role since 2004.

Who is the chairman of FAVORITTEN AS?

Tor Rønstad chairs the board of FAVORITTEN AS, in role since 1989.

Where is FAVORITTEN AS headquartered?

FAVORITTEN AS's registered address is Kolvikbakken 28, 6008 Ålesund.

FAVORITTEN AS

ASActive

Org 936045073Kolvikbakken 28, 6008 ÅlesundButikkhandel med bredt vareutvalg med hovedvekt på nærings- og nytelsesmidler · NACE 47111Est. 19840 employees

Revenue 2023

NOK 85K

+608% vs 2022

EBITDA margin

-357.1%

-147% vs 2022

Equity ratio

39.2%

Financial strength

Net profit 2023

NOK -234K

-146% vs 2022

EBITDA — year on yearNOK millions

Key figuresAnnual report 2023

Revenue	NOK 85K	+608%
EBITDA	NOK -302K	-147%
Net profit	NOK -234K	-146%
Total assets	NOK 10,1M	-3%
Equity	NOK 4M	-59%
Employees	0	—

Item	2019	2020	2021	2022	2023
Revenue	66 970	67 253	62 037	12	85
Staff expenses	−11 532	−11 748	−11 804	−265	−77
EBITDA	2 753	1 878	−1 476	645	−302
Depreciation & amort.	−439	−353	−1 163	−199	−0
EBIT	2 314	1 524	−2 639	446	−302
Net financials	65	66	75	63	68
Profit before tax	2 378	1 590	−2 564	509	−234
Tax	524	342	629	−0	−0
Net profit	1 854	1 248	−3 193	509	−234

Item	2019	2020	2021	2022	2023
Total assets	16 070	17 012	12 696	10 389	10 081
Equity	11 809	12 972	9 179	9 688	3 954
Long-term debt	0	0	0	600	600
Short-term debt	4 261	4 039	3 516	100	5 526
Total debt	4 261	4 039	3 516	700	6 126

Name	Role	Member since
Current (1)
TR Toralv Rønstad Chief Executive Officer	Chief Executive Officer	2004

Name	Role	Member since
Current (2)
OI Oddrun Irene Rønstad	Board of Directors	1989
TR Tor Rønstad	Chairman	1989

Shareholder	Type	Ownership	Votes	Since
Solbak Rønstad Matsenter As	Company	100%	100%	2023

Person	Role here	Other companies
Toralv Rønstad	Chief Executive Officer	0 companies
Oddrun Irene Rønstad	Board of Directors	0 companies
Tor Rønstad	Chairman	0 companies