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FORAAS OMRÅDESIKRING AS
AS
Active
Org 965919171
Leirfossvegen 19, 7038 Trondheim
Other construction installation · NACE 4324
Est. 1993
35 employees
www.foraas.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 74,9M
-1% vs 2023
EBITDA margin
-0.1%
-105% vs 2023
Equity ratio
50.3%
Financial strength
Net profit 2024
NOK -849K
-379% vs 2023
EBITDA — year on year
NOK millions
10M
8M
5M
3M
0M
8M
2020
6M
-25%
2021
8M
+33%
2022
1M
-87%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 74,9M
-1%
EBITDA
NOK -76K
-105%
Net profit
NOK -849K
-379%
Total assets
NOK 24,6M
-12%
Equity
NOK 12,4M
-6%
Employees
35
—
Company information
Legal name
FORAAS OMRÅDESIKRING AS
Org number
965919171
Legal form
Aksjeselskap
NACE code
4324 · Other construction installation
Founded
1. januar 1993
Share capital
NOK 650 000
Employees
35 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Leirfossvegen 19, 7038 Trondheim
Website
www.foraas.no
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Revenue
NOK millions
0M
25M
49M
74M
99M
77M
2020
77M
2021
86M
2022
76M
2023
75M
2024
EBITDA
NOK millions
0M
2M
5M
7M
9M
8M
2020
6M
2021
8M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
77 201
76 566
86 310
76 064
74 930
Staff expenses
−23 768
−23 889
−26 912
−26 791
−31 003
EBITDA
8 067
5 854
7 794
1 471
−76
Depreciation & amort.
−720
−750
−862
−935
−980
EBIT
7 347
5 104
6 932
536
−1 056
Net financials
−988
−263
−377
−109
7
Profit before tax
6 359
4 841
6 555
428
−1 049
Tax
1 426
1 095
1 470
123
−200
Net profit
4 933
3 746
5 086
305
−849
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
34 207
30 715
32 364
28 074
24 631
Equity
10 218
10 064
13 888
13 246
12 397
Long-term debt
3 045
563
735
390
184
Short-term debt
20 944
20 087
17 740
14 438
12 051
Total debt
23 989
20 651
18 476
14 828
12 235
Financial ratios
5-year trend
EBITDA margin
-0.1%
This company
15.8%
Market median
-101% vs market
2020
2024
Equity ratio
50.3%
This company
38.2%
Market median
+32% vs market
2020
2024
Return on equity
-6.9%
This company
18.4%
Market median
-138% vs market
2020
2024
Net profit margin
-1.1%
This company
8.1%
Market median
-114% vs market
2020
2024
Asset turnover
3.04×
This company
1.12×
Market median
+171% vs market
2020
2024
Debt / equity
0.99×
This company
0.62×
Market median
+60% 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)
GM
Gørild Merete Geving Hovde
Deputy Member
Deputy Member
2012
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
OK
Ole Kristian Hovde
Chairman
2012
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ok-Holding As
Company
100%
100%
2024
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Company hierarchy
Ok-Holding As
FORAAS OMRÅDESIKRING AS
(this company)
OSN AS
Board network connections
Board members of FORAAS OMRÅDESIKRING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gørild Merete Geving Hovde
Deputy Member
0 companies
Ole Kristian Hovde
Chairman
0 companies