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FRANK HAY AS
AS
Active
Org 988446637
Ersfjordvegen 105, 9107 Kvaløya
Site preparation · NACE 4312
Est. 2005
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,6M
+35% vs 2023
EBITDA margin
21.9%
+200% vs 2023
Equity ratio
60.9%
Financial strength
Net profit 2024
NOK 1,1M
+165% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 7,6M
+35%
EBITDA
NOK 1,7M
+200%
Net profit
NOK 1,1M
+165%
Total assets
NOK 7,9M
+18%
Equity
NOK 4,8M
+30%
Employees
2
—
Company information
Legal name
FRANK HAY AS
Org number
988446637
Legal form
Aksjeselskap
NACE code
4312 · Site preparation
Founded
21. juli 2005
Share capital
NOK 200 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Transport, brøyting, graving, maskinentreprenør og annet som hører naturlig til.
Contact
Address
Ersfjordvegen 105, 9107 Kvaløya
Phone
+4741471049
Email
frank@frankhay.no
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Companies in Site preparation
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All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
5M
2020
5M
2021
6M
2022
6M
2023
8M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
1M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 558
5 212
6 401
5 647
7 646
Staff expenses
−882
−1 478
−1 944
−2 159
−2 091
EBITDA
833
748
1 365
558
1 674
Depreciation & amort.
−162
−179
−228
−139
−128
EBIT
671
569
1 137
418
1 545
Net financials
−110
−113
−104
−125
−110
Profit before tax
562
456
1 033
293
1 435
Tax
124
100
231
−130
316
Net profit
438
355
802
423
1 119
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
5 544
5 441
6 463
6 700
7 921
Equity
2 120
2 476
3 278
3 700
4 820
Long-term debt
2 007
1 853
2 203
1 836
1 972
Short-term debt
1 417
1 113
983
1 163
1 129
Total debt
3 424
2 966
3 186
2 999
3 101
Financial ratios
5-year trend
EBITDA margin
21.9%
This company
15.8%
Market median
+39% vs market
2020
2024
Equity ratio
60.9%
This company
38.2%
Market median
+59% vs market
2020
2024
Return on equity
23.2%
This company
18.4%
Market median
+26% vs market
2020
2024
Net profit margin
14.6%
This company
8.1%
Market median
+80% vs market
2020
2024
Asset turnover
0.97×
This company
1.12×
Market median
+13% vs market
2020
2024
Debt / equity
0.64×
This company
0.62×
Market median
+3% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
FH
Frank Hay
Chairman
2018
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
No registered parent or subsidiaries
Board network connections
Board members of FRANK HAY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frank Hay
Chairman
0 companies