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FWH AS
AS
Active
Org 985094888
Vakåsveien 9, 1395 Hvalstad
Computer programming activities · NACE 6210
Est. 2002
5 employees
www.outsourceit.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 18,9M
-24% vs 2023
EBITDA margin
0.1%
-99% vs 2023
Equity ratio
51.3%
Financial strength
Net profit 2024
NOK 101K
-94% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2020
0M
0%
2021
2M
+200%
2022
2M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 18,9M
-24%
EBITDA
NOK 21K
-99%
Net profit
NOK 101K
-94%
Total assets
NOK 11,2M
+1%
Equity
NOK 5,7M
+2%
Employees
5
—
Company information
Legal name
FWH AS
Org number
985094888
Legal form
Aksjeselskap
NACE code
6210 · Computer programming activities
Founded
4. desember 2002
Share capital
NOK 100 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
It og markedsføringstjenester og dermed står i den forbindelse samt deltagelse i andre firma.
Contact
Address
Vakåsveien 9, 1395 Hvalstad
Website
www.outsourceit.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Revenue
NOK millions
0M
7M
14M
22M
29M
13M
2020
15M
2021
20M
2022
25M
2023
19M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2020
0M
2021
2M
2022
2M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
12 752
15 026
20 304
24 895
18 917
Staff expenses
−1 661
−2 159
−3 318
−4 122
−2 207
EBITDA
135
70
1 955
2 290
21
Depreciation & amort.
−0
−5
−11
−0
−13
EBIT
135
64
1 944
2 290
8
Net financials
−194
130
−794
−212
127
Profit before tax
−59
194
1 150
2 079
134
Tax
−0
30
253
457
34
Net profit
−59
164
897
1 621
101
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
10 014
12 007
13 218
11 024
11 161
Equity
2 946
3 110
4 007
5 629
5 730
Long-term debt
0
0
0
0
0
Short-term debt
7 068
8 897
9 211
5 395
5 431
Total debt
7 068
8 897
9 211
5 395
5 431
Financial ratios
5-year trend
EBITDA margin
0.1%
This company
15.8%
Market median
-99% vs market
2020
2024
Equity ratio
51.3%
This company
38.2%
Market median
+34% vs market
2020
2024
Return on equity
1.8%
This company
18.4%
Market median
-90% vs market
2020
2024
Net profit margin
0.5%
This company
8.1%
Market median
-94% vs market
2020
2024
Asset turnover
1.69×
This company
1.12×
Market median
+51% vs market
2020
2024
Debt / equity
0.95×
This company
0.62×
Market median
+53% 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 (2)
UB
Umadevi Baeko
Deputy Member
Deputy Member
2019
MH
Martin Haug
Deputy Member
Deputy Member
2019
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
ØB
Øystein Baeko
Chairman
2019
JE
Jan Erik Hagen
Board of Directors
2019
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FWH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Umadevi Baeko
Deputy Member
0 companies
Martin Haug
Deputy Member
0 companies
Øystein Baeko
Chairman
0 companies
Jan Erik Hagen
Board of Directors
0 companies