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FRAGE EIENDOMSUTVIKLING AS
AS
Active
Org 989821253
Vesterøyveien 2, 3235 Sandefjord
Rental and operating of own or leased real estate · NACE 6820
Est. 2006
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,3M
-3% vs 2023
EBITDA margin
14.7%
-74% vs 2023
Equity ratio
21.4%
Financial strength
Net profit 2024
NOK -768K
-200% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
0M
-100%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 1,3M
-3%
EBITDA
NOK 191K
-74%
Net profit
NOK -768K
-200%
Total assets
NOK 24,6M
+4%
Equity
NOK 5,3M
-2%
Employees
0
—
Company information
Legal name
FRAGE EIENDOMSUTVIKLING AS
Org number
989821253
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
15. mai 2006
Share capital
NOK 5 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og daglig leder hver for seg
Company purpose
Investering i og salg/forvaltning av fast eiendom, herunder å delta i andre selskaper med lignende virksomhet, kjøp og salg av aksjer.
Contact
Address
Vesterøyveien 2, 3235 Sandefjord
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Sandefjord
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 068
1 081
1 097
1 339
1 293
Staff expenses
−0
−0
−0
−0
−0
EBITDA
511
536
−47
746
191
Depreciation & amort.
−120
−120
−120
−155
−155
EBIT
391
416
−167
591
36
Net financials
−469
−433
−715
−889
−1 013
Profit before tax
−77
−17
−882
−299
−977
Tax
−17
−4
−194
−43
−209
Net profit
−60
−13
−688
−256
−768
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
22 968
23 190
24 943
23 691
24 556
Equity
5 142
5 048
5 514
5 361
5 263
Long-term debt
17 297
17 437
17 773
17 758
18 139
Short-term debt
529
704
1 657
572
1 153
Total debt
17 826
18 141
19 430
18 330
19 292
Financial ratios
5-year trend
EBITDA margin
14.7%
This company
15.8%
Market median
-7% vs market
2020
2024
Equity ratio
21.4%
This company
38.2%
Market median
-44% vs market
2020
2024
Return on equity
-14.6%
This company
18.4%
Market median
-179% vs market
2020
2024
Net profit margin
-59.4%
This company
8.1%
Market median
-833% vs market
2020
2024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
3.67×
This company
0.62×
Market median
-492% 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)
GS
Georg Storsæther Fjeldheim
Chief Executive Officer
Chief Executive Officer
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EC
Erik Cato Ender
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
100%
100%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FRAGE EIENDOMSUTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Georg Storsæther Fjeldheim
Chief Executive Officer
0 companies
Erik Cato Ender
Chairman
0 companies