Riskpilot← Back to searchSign inGet full accessFRANKS INTERNATIONAL AS
ASActiveOrg 972421480Luramyrveien 36, 4313 SandnesSupport activities for petroleum and natural gas extraction · NACE 0910Est. 199478 employees
Revenue 2023
NOK 146,4M
-15% vs 2022
EBITDA margin
-44.6%
+16% vs 2022
Equity ratio
-205.4%
Financial strength
Net profit 2023
NOK -77,6M
+20% vs 2022
| Revenue | NOK 146,4M | -15% |
| EBITDA | NOK -65,3M | +16% |
| Net profit | NOK -77,6M | +20% |
| Total assets | NOK 138,8M | -17% |
| Equity | NOK -285,1M | -37% |
| Employees | 78 | — |
Legal name
FRANKS INTERNATIONAL AS
Org number
972421480
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
11. oktober 1994
Share capital
NOK 1 000 000
Employees
78 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Address
Luramyrveien 36, 4313 Sandnes
Phone
+4751819550
Email
reception@franks-int.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 196 455 | 201 277 | 224 762 | 171 492 | 146 355 |
| Staff expenses | −124 443 | −124 477 | −144 755 | −0 | −109 239 |
| EBITDA | −32 678 | −33 468 | −52 094 | −77 635 | −65 306 |
| Depreciation & amort. | −980 | −950 | −500 | −474 | −0 |
| EBIT | −33 658 | −34 419 | −52 594 | −78 108 | −65 306 |
| Net financials | −292 | 10 105 | 656 | −18 736 | −12 295 |
| Profit before tax | −33 950 | −24 313 | −51 938 | −96 844 | −77 601 |
| Tax | −880 | −1 372 | −0 | −0 | −0 |
| Net profit | −33 070 | −22 941 | −51 938 | −96 844 | −77 601 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total assets | 114 968 | 131 846 | 148 313 | 167 153 | 138 819 |
| Equity | −42 197 | −60 273 | −112 211 | −207 540 | −285 141 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 157 166 | 192 119 | 260 524 | 374 694 | 423 961 |
| Total debt | 157 166 | 192 119 | 260 524 | 374 694 | 423 961 |
EBITDA margin
-44.6%
This company
15.8%
Market median
-382% vs market
20192023
Equity ratio
-205.4%
This company
38.2%
Market median
-638% vs market
20192023
Return on equity
-7760134300.0%
This company
18.4%
Market median
-42174643035% vs market
20192023
Net profit margin
-53.0%
This company
8.1%
Market median
-754% vs market
20192023
Asset turnover
1.05×
This company
1.12×
Market median
+6% vs market
20192023
Debt / equity
1.49×
This company
0.62×
Market median
-140% vs market
20192023
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
GÅ Deputy Member | Deputy Member | 2022 |
| Former (2) | ||
JR Chief Executive Officer | Chief Executive Officer | 2014 – 2022 |
DE Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2023 | |
| Board of Directors | 2023 | |
| Former (3) | ||
| Chairman | 2018 – 2022 | |
| Chairman | 2022 – 2023 | |
| Board of Directors | 2018 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100% | 100% | 2022 | |
FRANKS INTERNATIONAL LTD | Company | 100% | 100% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of FRANKS INTERNATIONAL AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jan Richard Thygesen | Chief Executive Officer | 0 companies |
| Gøran Åkesson | Deputy Member | 0 companies |
| Dag Eidsvik | Chief Executive Officer | 0 companies |
| Patrick Neil Sibille | Chairman | 0 companies |
| Iain David Farley | Chairman | 0 companies |
| Steinar Riise | Board of Directors | 0 companies |
| Colin James Mackenzie | Chairman | 0 companies |
| Per Arne Hodne-Larsen | Board of Directors | 0 companies |