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FINSTAD GLASS AS
AS
Active
Org 967901172
Storgata 81, 8370 Leknes
Painting and glazing · NACE 4334
Est. 1993
7 employees
www.finstadglass.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7M
+8% vs 2023
EBITDA margin
3.7%
-12% vs 2023
Equity ratio
55.3%
Financial strength
Net profit 2024
NOK 103K
-51% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 7M
+8%
EBITDA
NOK 255K
-12%
Net profit
NOK 103K
-51%
Total assets
NOK 3,5M
-8%
Equity
NOK 1,9M
+0%
Employees
7
—
Company information
Legal name
FINSTAD GLASS AS
Org number
967901172
Legal form
Aksjeselskap
NACE code
4334 · Painting and glazing
Founded
15. november 1993
Share capital
NOK 251 000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Storgata 81, 8370 Leknes
Phone
+4776081991
Email
post@finstadglass.no
Website
www.finstadglass.no
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Companies in Painting and glazing
Companies in Vestvågøy
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
7M
2020
7M
2021
7M
2022
6M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 811
6 608
6 930
6 456
6 954
Staff expenses
−2 095
−2 290
−2 350
−2 265
−2 375
EBITDA
687
626
384
289
255
Depreciation & amort.
−18
−29
−28
−27
−27
EBIT
668
597
356
262
227
Net financials
−35
−2
−27
7
−63
Profit before tax
633
595
329
269
164
Tax
115
122
60
57
61
Net profit
518
473
269
212
103
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 378
3 963
3 947
3 800
3 499
Equity
1 471
1 652
1 810
1 929
1 935
Long-term debt
406
308
549
429
297
Short-term debt
1 501
2 004
1 588
1 442
1 267
Total debt
1 907
2 311
2 137
1 872
1 564
Financial ratios
5-year trend
EBITDA margin
3.7%
This company
15.8%
Market median
-77% vs market
2020
2024
Equity ratio
55.3%
This company
38.2%
Market median
+45% vs market
2020
2024
Return on equity
5.3%
This company
18.4%
Market median
-71% vs market
2020
2024
Net profit margin
1.5%
This company
8.1%
Market median
-81% vs market
2020
2024
Asset turnover
1.99×
This company
1.12×
Market median
+78% vs market
2020
2024
Debt / equity
0.81×
This company
0.62×
Market median
+31% 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)
RL
Rainer Loss Finstad
Chief Executive Officer
Chief Executive Officer
2014
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Loss Finstad Holding As
Company
100%
100%
2022
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Company hierarchy
Loss Finstad Holding As
FINSTAD GLASS AS
(this company)
Board network connections
Board members of FINSTAD GLASS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Rainer Loss Finstad
Chief Executive Officer
0 companies