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Odd Forseth AS
AS
Active
Org 983834930
Heggstadmoen 5, 7080
Heimdal
Manufacture of other fabricated metal products n.e.c.
·
NACE 2599
Est. 2001 · 24 years old
8 employees
Monitor
Share
Norway
/
Companies
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Manufacture of other fabricated metal products n.e.c.
/
Odd Forseth AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
21M
16M
11M
5M
0M
2021: 10M
10M
2021
2022: 9M (-10% vs 2021)
9M
-10%
2022
2023: 13M (+44% vs 2022)
13M
+44%
2023
2024: 12M (-8% vs 2023)
12M
-8%
2024
2025: 17M (+42% vs 2024)
17M
+42%
2025
EBITDA
NOK millions
3M
2M
0M
-1M
-2M
2021: 1M
1M
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 0M (-100% vs 2022)
0M
-100%
2023
2024: -1M
-1M
2024
2025: 2M (+300% vs 2024)
2M
+300%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
17 030
11 955
12 689
8 810
9 888
Staff expenses
−4 234
−4 372
−3 848
−2 122
−1 932
EBITDA
1 810
−564
129
934
1 409
Depreciation & amort.
−45
−4
−1
−0
−15
EBIT
1 765
−568
128
934
1 394
Net financials
−21
5
6
1
1
Profit before tax
1 744
−563
134
935
1 394
Tax
264
−2
26
208
307
Net profit
1 480
−561
108
727
1 088
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
3 896
1 916
2 332
2 251
2 522
Equity
1 600
520
1 081
973
246
Long-term debt
0
0
2
3
3
Short-term debt
2 151
1 396
1 249
1 275
2 274
Total debt
2 296
1 396
1 251
1 278
2 277
Financial ratios
5-year trend
EBITDA margin
10,6 %
This company
15,8 %
Market median
This company
Market median
33% below market
2021
2025
Equity ratio
41,1 %
This company
38,2 %
Market median
This company
Market median
8% above market
2021
2025
Return on equity
92,5 %
This company
18,4 %
Market median
This company
Market median
403% above market
2021
2025
Net profit margin
8,7 %
This company
8,1 %
Market median
This company
Market median
7% above market
2021
2025
Asset turnover
4,37×
This company
1,12×
Market median
This company
Market median
290% above market
2021
2025
Debt / equity
1,43×
This company
0,62×
Market median
This company
Market median
131% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Odd Forseth AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network