Riskpilot← Back to searchSign inGet full accessFOLLO FJERNVARME AS
ASActiveOrg 980252795Teglveien 21B, 1400 SkiSteam and air conditioning supply · NACE 3530Est. 19987 employeeswww.follofjernvarme.no
Revenue 2024
NOK 67,2M
-12% vs 2023
EBITDA margin
6.6%
-46% vs 2023
Equity ratio
27.9%
Financial strength
Net profit 2024
NOK -3,7M
+19% vs 2023
| Revenue | NOK 67,2M | -12% |
| EBITDA | NOK 4,5M | -46% |
| Net profit | NOK -3,7M | +19% |
| Total assets | NOK 314,6M | +10% |
| Equity | NOK 87,9M | +11% |
| Employees | 7 | — |
Legal name
FOLLO FJERNVARME AS
Org number
980252795
Legal form
Aksjeselskap
NACE code
3530 · Steam and air conditioning supply
Founded
27. oktober 1998
Share capital
NOK 5 000 000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Drive fjernvarmeanlegg og annen virksomhet knyttet til produksjon og distribusjon av energi.
Address
Teglveien 21B, 1400 Ski
Phone
+4790049160
Website
www.follofjernvarme.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 41 162 | 72 647 | 95 802 | 76 433 | 67 243 |
| Staff expenses | −4 358 | −5 660 | −7 705 | −8 901 | −8 104 |
| EBITDA | 9 804 | 24 797 | 13 315 | 8 261 | 4 472 |
| Depreciation & amort. | −7 393 | −7 997 | −9 504 | −10 235 | −9 938 |
| EBIT | 2 411 | 16 800 | 3 811 | −1 974 | −5 467 |
| Net financials | −507 | −561 | −1 854 | −5 049 | −5 962 |
| Profit before tax | 1 903 | 16 238 | 1 956 | −7 023 | −11 429 |
| Tax | 495 | 3 125 | 1 377 | −2 537 | −7 776 |
| Net profit | 1 408 | 13 113 | 579 | −4 487 | −3 653 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 208 998 | 239 089 | 238 353 | 287 259 | 314 605 |
| Equity | 61 220 | 74 334 | 74 913 | 79 474 | 87 911 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 147 778 | 164 756 | 163 440 | 207 785 | 226 693 |
| Total debt | 147 778 | 164 756 | 163 440 | 207 785 | 226 693 |
EBITDA margin
6.6%
This company
15.8%
Market median
-58% vs market
20202024
Equity ratio
27.9%
This company
38.2%
Market median
-27% vs market
20202024
Return on equity
-4.2%
This company
18.4%
Market median
-123% vs market
20202024
Net profit margin
-5.4%
This company
8.1%
Market median
-167% vs market
20202024
Asset turnover
0.21×
This company
1.12×
Market median
-81% vs market
20202024
Debt / equity
2.58×
This company
0.62×
Market median
-316% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TH Chief Executive Officer | Chief Executive Officer | 2023 |
| Former (1) | ||
JA Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Chairman | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2023 | |
| Chairman | 2023 | |
| Board of Directors | 2023 | |
| Former (3) | ||
| Board of Directors | 2020 – 2022 | |
| Board of Directors | 2022 – 2023 | |
| Board of Directors | 2023 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Olav Thon Stiftelsen
FOLLO FJERNVARME AS Board members of FOLLO FJERNVARME AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thor Henrik Westlye | Chief Executive Officer | 0 companies |
| Jarle Andersen Aasness | Chief Executive Officer | 0 companies |
| Ole-Martin Moe | Board of Directors | 0 companies |
| Dag Tangevald-Jensen | Chairman | 0 companies |
| Arne Blikstad Sperre | Board of Directors | 0 companies |
| Sjur Martin Krog Martinsen | Board of Directors | 0 companies |
| Jøran Nenseth | Board of Directors | 0 companies |
| Lloyd Lilleng | Chairman | 0 companies |
| Geir Tore Thorvaldsen | Board of Directors | 0 companies |
| Kjetil Nilsen | Board of Directors | 0 companies |