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NORSK FORMULARINDUSTRI AS
AS
Active
Org 968334247
Ryghgaten, 3051 Mjøndalen
Other printing · NACE 1812
Est. 1993
9 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 21,5M
-10% vs 2023
EBITDA margin
3.5%
-25% vs 2023
Equity ratio
62.4%
Financial strength
Net profit 2024
NOK 442K
-16% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
0M
-100%
2021
0M
0%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 21,5M
-10%
EBITDA
NOK 758K
-25%
Net profit
NOK 442K
-16%
Total assets
NOK 16,6M
+19%
Equity
NOK 10,3M
+2%
Employees
9
—
Company information
Legal name
NORSK FORMULARINDUSTRI AS
Org number
968334247
Legal form
Aksjeselskap
NACE code
1812 · Other printing
Founded
30. desember 1993
Share capital
—
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Ryghgaten, 3051 Mjøndalen
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Revenue
NOK millions
0M
7M
14M
22M
29M
24M
2020
23M
2021
25M
2022
24M
2023
22M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
24 060
23 168
24 927
23 837
21 522
Staff expenses
−8 868
−8 230
−9 110
−9 192
−8 128
EBITDA
1 138
149
−411
1 017
758
Depreciation & amort.
−702
−350
−422
−487
−442
EBIT
437
−201
−834
530
316
Net financials
−34
20
35
−3
126
Profit before tax
402
−181
−799
527
442
Tax
121
−0
−0
−0
−0
Net profit
281
−181
−799
527
442
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
14 160
13 843
13 441
13 925
16 568
Equity
11 083
10 902
10 103
10 179
10 341
Long-term debt
0
0
0
0
0
Short-term debt
3 077
2 942
3 339
3 746
6 227
Total debt
3 077
2 942
3 339
3 746
6 227
Financial ratios
5-year trend
EBITDA margin
3.5%
This company
15.8%
Market median
-78% vs market
2020
2024
Equity ratio
62.4%
This company
38.2%
Market median
+63% vs market
2020
2024
Return on equity
4.3%
This company
18.4%
Market median
-77% vs market
2020
2024
Net profit margin
2.1%
This company
8.1%
Market median
-74% vs market
2020
2024
Asset turnover
1.30×
This company
1.12×
Market median
+16% vs market
2020
2024
Debt / equity
0.60×
This company
0.62×
Market median
+3% 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)
GH
Glenn Håvard Løvold
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
LB
Liv Berit Løvold
Board of Directors
2019
TH
Thor Henry Løvold
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Horizonte Holding As
Company
60%
60%
2022
Tone Merete Løvold
Individual
10%
10%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of NORSK FORMULARINDUSTRI AS also hold positions in
0
other companies.
Person
Role here
Other companies
Glenn Håvard Løvold
Chief Executive Officer
0 companies
Liv Berit Løvold
Board of Directors
0 companies
Thor Henry Løvold
Chairman
0 companies