Skip to content
Riskpilot
← Back to search
Sign in
Get full access
FRAMO SERVICES AS
AS
Active
Org 945967765
Florvågvegen 39, 5305
Florvåg
Building of civilian ships and floating structures
·
NACE 3011
Est. 1987 · 38 years old
375 employees
Monitor
Share
Norway
/
Companies
/
Building of civilian ships and floating structures
/
FRAMO SERVICES AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
0M
398M
797M
1B
2B
789M
2020
849M
2021
1.1B
2022
1.2B
2023
1.4B
2024
EBITDA
NOK millions
209M
157M
104M
52M
0M
45M
2020
78M
+73%
2021
105M
+35%
2022
149M
+42%
2023
167M
+12%
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
788 635
848 703
1 054 725
1 179 801
1 385 909
Staff expenses
−194 142
−210 551
−221 048
−257 846
−314 961
EBITDA
45 070
78 080
104 876
148 805
167 015
Depreciation & amort.
−3 623
−4 637
−4 998
−5 114
−5 777
EBIT
41 447
73 443
99 878
143 691
161 238
Net financials
4 938
459
−4 746
10 676
14 918
Profit before tax
46 385
73 902
95 132
154 366
176 156
Tax
9 804
16 202
20 266
33 640
39 049
Net profit
36 581
57 700
74 866
120 727
137 107
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
309 969
410 261
573 273
547 219
773 208
Equity
113 227
145 736
158 299
251 869
274 699
Long-term debt
4 000
4 000
4 000
4 000
4 000
Short-term debt
192 743
260 525
410 973
291 349
494 509
Total debt
196 743
264 525
414 973
295 349
498 509
Financial ratios
5-year trend
EBITDA margin
12.1%
This company
15.8%
Market median
-23% vs market
2020
2024
Equity ratio
35.5%
This company
38.2%
Market median
+7% vs market
2020
2024
Return on equity
49.9%
This company
18.4%
Market median
+171% vs market
2020
2024
Net profit margin
9.9%
This company
8.1%
Market median
+22% vs market
2020
2024
Asset turnover
1.79×
This company
1.12×
Market median
+60% vs market
2020
2024
Debt / equity
1.81×
This company
0.62×
Market median
-192% 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 2020-01-01 – 2020-12-31
View
PDF
More on FRAMO SERVICES AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network