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FRIZEN AS
AS
Active
Org 963156235
Narviga 7, 4633 Kristiansand S
Wholesale of household, office and shop furniture, carpets and lighting equipment · NACE 4647
Est. 1992
6 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 22,5M
+20% vs 2023
EBITDA margin
18.1%
+216% vs 2023
Equity ratio
19.6%
Financial strength
Net profit 2024
NOK 3,2M
+225% vs 2023
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
6M
2020
4M
-33%
2021
1M
-75%
2022
1M
0%
2023
4M
+300%
2024
Key figures
Annual report 2024
Revenue
NOK 22,5M
+20%
EBITDA
NOK 4,1M
+216%
Net profit
NOK 3,2M
+225%
Total assets
NOK 6,1M
-37%
Equity
NOK 1,2M
-78%
Employees
6
—
Company information
Legal name
FRIZEN AS
Org number
963156235
Legal form
Aksjeselskap
NACE code
4647 · Wholesale of household, office and shop furniture, carpets and lighting equipment
Founded
2. januar 1992
Share capital
NOK 500 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Contact
Address
Narviga 7, 4633 Kristiansand S
Phone
+4738077100
Email
terje@frizen.no
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Companies in Wholesale of household, office and shop furniture, carpets and lighting equipment
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
10M
20M
30M
40M
35M
2020
25M
2021
20M
2022
19M
2023
23M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
6M
2020
4M
2021
1M
2022
1M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
35 356
25 351
19 712
18 810
22 515
Staff expenses
−4 763
−4 849
−4 228
−4 593
−3 827
EBITDA
6 377
4 176
1 206
1 287
4 066
Depreciation & amort.
−14
−15
−22
−29
−11
EBIT
6 363
4 161
1 184
1 258
4 055
Net financials
−11
−9
−7
−10
0
Profit before tax
6 352
4 153
1 177
1 248
4 056
Tax
1 403
914
259
277
897
Net profit
4 949
3 239
918
972
3 158
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 990
12 055
7 638
9 550
6 060
Equity
5 208
5 191
5 197
5 281
1 185
Long-term debt
0
0
0
0
0
Short-term debt
4 782
6 864
2 440
4 269
4 875
Total debt
4 782
6 864
2 440
4 269
4 875
Financial ratios
5-year trend
EBITDA margin
18.1%
This company
15.8%
Market median
+15% vs market
2020
2024
Equity ratio
19.6%
This company
38.2%
Market median
-49% vs market
2020
2024
Return on equity
266.6%
This company
18.4%
Market median
+1349% vs market
2020
2024
Net profit margin
14.0%
This company
8.1%
Market median
+73% vs market
2020
2024
Asset turnover
3.72×
This company
1.12×
Market median
+232% vs market
2020
2024
Debt / equity
4.11×
This company
0.62×
Market median
-563% 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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
LF
Lasse Frigstad
Chief Executive Officer
Chief Executive Officer
2026
Board of directors
Non-executive oversight
Name
Role
Member since
Current (4)
EN
Erik Nyhuus
Board of Directors
2015
FM
Frank Mykjåland
Board of Directors
2015
GM
Gunnar Magne Thompson
Board of Directors
2015
TF
Terje Frigstad
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Balder Vekst As
Company
100%
100%
2024
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Company hierarchy
Balder Vekst As
FRIZEN AS
(this company)
Board network connections
Board members of FRIZEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lasse Frigstad
Chief Executive Officer
0 companies
Erik Nyhuus
Board of Directors
0 companies
Frank Mykjåland
Board of Directors
0 companies
Gunnar Magne Thompson
Board of Directors
0 companies
Terje Frigstad
Chairman
0 companies