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FRUSTØL EIENDOM AS
AS
Active
Org 985618984
Mjåvannsvegen 18, 4628 Kristiansand S
Development of building projects · NACE 6812
Est. 2003
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 826K
+11% vs 2023
EBITDA margin
34.8%
+14% vs 2023
Equity ratio
40.5%
Financial strength
Net profit 2024
NOK 128K
-88% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
3M
2020
4M
+33%
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 826K
+11%
EBITDA
NOK 288K
+14%
Net profit
NOK 128K
-88%
Total assets
NOK 20M
-5%
Equity
NOK 8,1M
-7%
Employees
0
—
Company information
Legal name
FRUSTØL EIENDOM AS
Org number
985618984
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
26. april 2003
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Eie, bebygge, prosjektere, leie ut og investere i fast eiendom herunder deltakelse i andre virksomheter med liknende formål.
Contact
Address
Mjåvannsvegen 18, 4628 Kristiansand S
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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Explore
Companies in Development of building projects
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
5M
2020
5M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
3M
2020
4M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 817
4 683
772
743
826
Staff expenses
−0
−0
−0
−0
−0
EBITDA
3 323
3 941
265
251
288
Depreciation & amort.
−268
−480
−529
−988
−483
EBIT
3 055
3 461
−264
−737
−195
Net financials
−113
−75
1 631
1 816
365
Profit before tax
2 943
3 387
1 367
1 079
170
Tax
647
745
−68
41
42
Net profit
2 295
2 642
1 435
1 038
128
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
16 854
18 386
20 463
20 985
19 990
Equity
4 917
7 558
8 993
8 751
8 096
Long-term debt
4 491
10 522
11 196
10 487
9 108
Short-term debt
7 446
305
274
1 747
2 786
Total debt
11 937
10 827
11 470
12 234
11 894
Financial ratios
5-year trend
EBITDA margin
34.8%
This company
15.8%
Market median
+120% vs market
2020
2024
Equity ratio
40.5%
This company
38.2%
Market median
+6% vs market
2020
2024
Return on equity
1.6%
This company
18.4%
Market median
-91% vs market
2020
2024
Net profit margin
15.5%
This company
8.1%
Market median
+91% vs market
2020
2024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
1.47×
This company
0.62×
Market median
-137% 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)
JH
Janne Helen Frustøl
Deputy Member
Deputy Member
2003
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SF
Svein Frustøl
Chairman
2003
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Frustøl Holding As
Company
100%
100%
2024
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Company hierarchy
Frustøl Holding As
FRUSTØL EIENDOM AS
(this company)
MJÅVANNSTOPPEN AS
PADELZONE NODELAND AS
KRÆGEVEIEN BYGG AS
THREE HOUSES AS
NODELAND AS
TOMT 11 AS
Mjåvann Dekksenter As
MJÅVANN INVEST AS
Mjåvann Næringsbygg As
MJÅVANN DEKKSENTER EIENDOM AS
Board network connections
Board members of FRUSTØL EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Janne Helen Frustøl
Deputy Member
0 companies
Svein Frustøl
Chairman
0 companies