Riskpilot← Back to searchSign inGet full accessFRAMO SERVICES AS
ASActiveOrg 945967765Florvågvegen 39, 5305 FlorvågBuilding of civilian ships and floating structures · NACE 3011Est. 1987366 employees
Revenue 2024
NOK 1,4B
+17% vs 2023
EBITDA margin
12.1%
+12% vs 2023
Equity ratio
35.5%
Financial strength
Net profit 2024
NOK 137,1M
+14% vs 2023
| Revenue | NOK 1,4B | +17% |
| EBITDA | NOK 167M | +12% |
| Net profit | NOK 137,1M | +14% |
| Total assets | NOK 773,2M | +41% |
| Equity | NOK 274,7M | +9% |
| Employees | 366 | — |
Legal name
FRAMO SERVICES AS
Org number
945967765
Legal form
Aksjeselskap
NACE code
3011 · Building of civilian ships and floating structures
Founded
20. november 1987
Share capital
—
Employees
366 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller daglig leder sammen med ett styremedlem.
Company purpose
Handelsvirksomhet, virksomhet innenfor service, kjøp og salg av fabrikasjonsrettigheter, investeringer i andre selskaper samt virksomhet som naturlig hører med til dette.
Address
Florvågvegen 39, 5305 Florvåg
Phone
+4755999200
Email
marine@framo.no
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 | 617 089 | 619 859 | 576 024 | 635 931 | 625 185 | 672 031 | 706 277 | 708 033 | 804 914 | 798 234 | 816 420 | 843 320 | 788 635 | 848 703 | 1 054 725 | 1 179 801 | 1 385 909 |
| Staff expenses | −208 292 | −208 671 | −194 502 | −193 272 | −193 331 | −179 872 | −189 920 | −197 851 | −206 242 | −201 608 | −201 182 | −208 456 | −194 142 | −210 551 | −221 048 | −257 846 | −314 961 |
| EBITDA | 67 309 | 68 181 | 55 946 | 79 101 | 63 764 | 74 191 | 80 036 | 66 367 | 85 628 | 74 521 | 93 385 | 68 050 | 45 070 | 78 080 | 104 876 | 148 805 | 167 015 |
| Depreciation & amort. | −7 106 | −6 798 | −5 622 | −5 058 | −4 069 | −4 964 | −5 800 | −5 409 | −6 015 | −5 641 | −3 535 | −3 103 | −3 623 | −4 637 | −4 998 | −5 114 | −5 777 |
| EBIT | 60 203 | 61 383 | 50 324 | 74 044 | 59 695 | 69 227 | 74 236 | 60 958 | 79 613 | 68 880 | 89 850 | 64 947 | 41 447 | 73 443 | 99 878 | 143 691 | 161 238 |
| Net financials | 5 354 | 5 680 | 7 373 | 3 877 | 7 323 | 4 506 | 2 113 | 7 124 | 15 746 | −402 | −2 467 | 1 634 | 4 938 | 459 | −4 746 | 10 676 | 14 918 |
| Profit before tax | 65 557 | 67 063 | 57 697 | 77 920 | 67 018 | 73 733 | 76 350 | 68 083 | 95 360 | 68 478 | 87 383 | 66 581 | 46 385 | 73 902 | 95 132 | 154 366 | 176 156 |
| Tax | 18 470 | 18 863 | 16 206 | 21 815 | 18 967 | 20 854 | 20 771 | −3 200 | 24 317 | 16 036 | 19 180 | 14 371 | 9 804 | 16 202 | 20 266 | 33 640 | 39 049 |
| Net profit | 47 087 | 48 200 | 41 490 | 56 105 | 48 051 | 52 878 | 55 579 | 71 283 | 71 042 | 52 443 | 68 204 | 52 210 | 36 581 | 57 700 | 74 866 | 120 727 | 137 107 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 367 803 | 427 073 | 406 234 | 443 753 | 393 570 | 520 185 | 327 623 | 341 923 | 378 594 | 320 562 | 346 149 | 392 344 | 309 969 | 410 261 | 573 273 | 547 219 | 773 208 |
| Equity | 240 224 | 288 424 | 293 914 | 314 019 | 290 155 | 143 033 | 119 235 | 115 283 | 113 471 | 117 260 | 192 148 | 245 084 | 113 227 | 145 736 | 158 299 | 251 869 | 274 699 |
| Long-term debt | −6 040 | −6 850 | −2 124 | −13 481 | 6 000 | 6 000 | 6 000 | 2 000 | 0 | 0 | 0 | 4 000 | 4 000 | 4 000 | 4 000 | 4 000 | 4 000 |
| Short-term debt | 108 996 | 125 799 | 104 196 | 110 253 | 96 147 | 370 776 | 176 360 | 199 243 | 230 944 | 179 755 | 140 736 | 141 027 | 192 743 | 260 525 | 410 973 | 291 349 | 494 509 |
| Total debt | 121 538 | 131 800 | 110 195 | 116 253 | 102 147 | 376 776 | 182 360 | 201 242 | 230 944 | 179 756 | 140 736 | 145 026 | 196 743 | 264 525 | 414 973 | 295 349 | 498 509 |
EBITDA margin
12.1%
This company
15.8%
Market median
-23% vs market
20082024
Equity ratio
35.5%
This company
38.2%
Market median
+7% vs market
20082024
Return on equity
49.9%
This company
18.4%
Market median
+171% vs market
20082024
Net profit margin
9.9%
This company
8.1%
Market median
+22% vs market
20082024
Asset turnover
1.79×
This company
1.12×
Market median
+60% vs market
20082024
Debt / equity
1.81×
This company
0.62×
Market median
-192% 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 |
|---|---|---|---|---|
TP Chief Executive Officer | Chief Executive Officer | 2016 | — | — |
MS Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2019 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Framo 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.
Alfa Laval Corporate Ab
FRAMO SERVICES AS Board members of FRAMO SERVICES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Trond Petter Abrahamsen | Chief Executive Officer | 0 companies |
| Morten Sivertsen | Chief Executive Officer | 0 companies |
| Bengt Holme | Board of Directors | 0 companies |
| Jan Martijn Bergink | Chairman | 0 companies |
| Sigbjørn Drengenes | Board of Directors | 0 companies |