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AFT DEVELOPMENT AS
AS
Active
Org 988147494
Kommandør Herbst Gate 12, 3290 Stavern
Economic activity was not specified by tax authority · NACE 0000
Est. 2005
0 employees
www.aftdevelopment.no
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 346K
EBITDA margin
-100.0%
-43% vs 2022
Equity ratio
81.1%
Financial strength
Net profit 2023
NOK -346K
-43% vs 2022
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2019
-1M
-100%
2020
0M
+100%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 346K
—
EBITDA
NOK -346K
-43%
Net profit
NOK -346K
-43%
Total assets
NOK 4,8M
+13%
Equity
NOK 3,9M
-8%
Employees
0
—
Company information
Legal name
AFT DEVELOPMENT AS
Org number
988147494
Legal form
Aksjeselskap
NACE code
0000 · Economic activity was not specified by tax authority
Founded
28. april 2005
Share capital
NOK 100 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Safiyya mcwhirter-kjelstadli
Company purpose
Investering i andre selskaper og salg av konsulenttjenester.
Contact
Address
Kommandør Herbst Gate 12, 3290 Stavern
Website
www.aftdevelopment.no
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Companies in Economic activity was not specified by tax authority
Companies in Larvik
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2019
0M
2020
0M
2021
0M
2022
0M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
-1M
2020
0M
2021
0M
2022
0M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
1 720
0
0
0
346
Staff expenses
−719
−231
−280
−0
−0
EBITDA
334
−559
−346
−242
−346
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
334
−559
−346
−242
−346
Net financials
−4
5 527
0
0
0
Profit before tax
330
4 968
−346
−242
−346
Tax
60
−60
−0
−0
−0
Net profit
270
5 028
−346
−242
−346
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
3 190
7 784
4 506
4 264
4 833
Equity
1 529
6 657
4 506
4 264
3 918
Long-term debt
0
0
0
0
0
Short-term debt
1 661
1 127
0
0
915
Total debt
1 661
1 127
0
0
915
Financial ratios
5-year trend
EBITDA margin
-100.0%
This company
15.8%
Market median
-733% vs market
2019
2023
Equity ratio
81.1%
This company
38.2%
Market median
+112% vs market
2019
2023
Return on equity
-8.8%
This company
18.4%
Market median
-148% vs market
2019
2023
Net profit margin
-100.0%
This company
8.1%
Market median
-1335% vs market
2019
2023
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
2019
2023
Debt / equity
0.23×
This company
0.62×
Market median
+63% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
CH
Cecilie Helen Klauseth Fylling
Accountant
Accountant
2022 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SF
Steinar Fretheim
Chairman
2021
Former (1)
LØ
Linn Øhrbom Fretheim
Chairman
2017 – 2021
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
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Company hierarchy
AFT DEVELOPMENT AS
(this company)
MEMOCO AS
Board network connections
Board members of AFT DEVELOPMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Cecilie Helen Klauseth Fylling
Accountant
0 companies
Linn Øhrbom Fretheim
Chairman
0 companies
Steinar Fretheim
Chairman
0 companies