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FLO HOLDING AS
AS
Active
Org 988924350
Tonningsgata 30, 6783 Stryn
Retail sale of hardware, building materials, paints and glass · NACE 4752
Est. 2005
2 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,9M
+22% vs 2023
EBITDA margin
83.9%
+32% vs 2023
Equity ratio
10.7%
Financial strength
Net profit 2024
NOK 559K
+410% vs 2023
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
3M
2020
2M
-33%
2021
3M
+50%
2022
4M
+33%
2023
6M
+50%
2024
Key figures
Annual report 2024
Revenue
NOK 6,9M
+22%
EBITDA
NOK 5,8M
+32%
Net profit
NOK 559K
+410%
Total assets
NOK 67,2M
-4%
Equity
NOK 7,2M
+8%
Employees
2
—
Company information
Legal name
FLO HOLDING AS
Org number
988924350
Legal form
Aksjeselskap
NACE code
4752 · Retail sale of hardware, building materials, paints and glass
Founded
3. desember 2005
Share capital
NOK 1 010 000
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
Investeringsvirksomhet, herunder å eie aksjer og andeler i andre selskaper.
Contact
Address
Tonningsgata 30, 6783 Stryn
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Retail sale of hardware, building materials, paints and glass
Companies in Stryn
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
3M
2020
2M
2021
4M
2022
6M
2023
7M
2024
EBITDA
NOK millions
0M
2M
3M
5M
7M
3M
2020
2M
2021
3M
2022
4M
2023
6M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 246
2 440
3 699
5 622
6 859
Staff expenses
−149
−157
−308
−488
−120
EBITDA
2 553
1 636
2 705
4 361
5 753
Depreciation & amort.
−1 324
−1 289
−1 911
−2 249
−2 295
EBIT
1 229
348
794
2 112
3 457
Net financials
1 228
−699
−508
−2 293
−2 895
Profit before tax
2 457
−351
286
−180
563
Tax
−0
−0
−0
−0
4
Net profit
2 457
−351
286
−180
559
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
38 563
50 092
63 958
70 089
67 176
Equity
9 847
6 553
6 840
6 659
7 218
Long-term debt
26 397
41 594
55 400
62 463
58 960
Short-term debt
2 319
1 944
1 719
966
997
Total debt
28 716
43 539
57 119
63 430
59 957
Financial ratios
5-year trend
EBITDA margin
83.9%
This company
15.8%
Market median
+431% vs market
2020
2024
Equity ratio
10.7%
This company
38.2%
Market median
-72% vs market
2020
2024
Return on equity
7.7%
This company
18.4%
Market median
-58% vs market
2020
2024
Net profit margin
8.2%
This company
8.1%
Market median
+1% vs market
2020
2024
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
2020
2024
Debt / equity
8.31×
This company
0.62×
Market median
-1240% 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)
VF
Vidar Flo
Chief Executive Officer
Chief Executive Officer
2005
JF
Johan Flo
Deputy Member
Deputy Member
2005
Board of directors
Non-executive oversight
No data on file.
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
FLO HOLDING AS
(this company)
FLO RETAIL AS
Johan Flo & Søn As
Stryn Bedriftsbarnehage As
Board network connections
Board members of FLO HOLDING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Vidar Flo
Chief Executive Officer
0 companies
Johan Flo
Deputy Member
0 companies