Riskpilot← Back to searchSign inGet full accessFUNCTION PRODUCTS AS
ASActiveOrg 992845988Fageråsveien 2, 5067 BergenEngineering activities and related technical consultancy · NACE 7112Est. 200810 employeeswww.function.no
Revenue 2024
NOK 78,3M
+13% vs 2023
EBITDA margin
10.8%
+88% vs 2023
Equity ratio
53.8%
Financial strength
Net profit 2024
NOK 6,2M
+147% vs 2023
| Revenue | NOK 78,3M | +13% |
| EBITDA | NOK 8,5M | +88% |
| Net profit | NOK 6,2M | +147% |
| Total assets | NOK 23,8M | +14% |
| Equity | NOK 12,8M | +95% |
| Employees | 10 | — |
Legal name
FUNCTION PRODUCTS AS
Org number
992845988
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
30. juni 2008
Share capital
NOK 529 200
Employees
10 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Utgår
Company purpose
Rådgivning og design av byggautomasjon og industrielle datasystemer. - leveranse av komplett byggautomasjon inkludert service og vedlikehold. - agentur og salg av el.-artikler /datasystemer og andre produkter som naturlig faller sammen med dette, herunder å delta i andre selskaper med lignende virksomhet, kjøp og salg av aksjer, eller på annen måte gjøre seg interessert i andre foretagender.
Address
Fageråsveien 2, 5067 Bergen
Website
www.function.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 533 | 4 131 | 9 565 | 10 733 | 15 622 | 14 384 | 21 829 | 31 751 | 27 240 | 31 126 | 42 395 | 42 756 | 49 146 | 63 765 | 79 309 | 69 580 | 78 349 |
| Staff expenses | −759 | −1 155 | −1 535 | −1 905 | −2 404 | −3 396 | −4 312 | −5 588 | −6 127 | −5 719 | −4 613 | −5 837 | −7 210 | −9 064 | −10 300 | −10 167 | −9 624 |
| EBITDA | −249 | −680 | 202 | 333 | 531 | −588 | 875 | 1 323 | −17 | 1 437 | 4 346 | 4 243 | 3 389 | 5 759 | 7 430 | 4 511 | 8 465 |
| Depreciation & amort. | −0 | −0 | −9 | −10 | −47 | −209 | −227 | −286 | −254 | −254 | −165 | −169 | −200 | −152 | −102 | −147 | −170 |
| EBIT | −249 | −680 | 193 | 324 | 484 | −797 | 648 | 1 038 | −271 | 1 182 | 4 181 | 4 075 | 3 189 | 5 607 | 7 328 | 4 364 | 8 295 |
| Net financials | −35 | −43 | −39 | −41 | −12 | −186 | −196 | −159 | −108 | −390 | −136 | −208 | −235 | 300 | −307 | −1 137 | −293 |
| Profit before tax | −284 | −723 | 154 | 282 | 471 | −983 | 452 | 879 | −378 | 792 | 4 045 | 3 867 | 2 954 | 5 907 | 7 021 | 3 227 | 8 002 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | 142 | −0 | 110 | 933 | 857 | 661 | 1 328 | 1 580 | 699 | 1 758 |
| Net profit | −284 | −723 | 154 | 282 | 471 | −983 | 452 | 736 | −378 | 683 | 3 112 | 3 010 | 2 293 | 4 579 | 5 441 | 2 528 | 6 245 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 621 | 1 916 | 2 027 | 2 857 | 4 723 | 5 294 | 5 616 | 5 059 | 6 841 | 6 970 | 9 885 | 12 785 | 16 141 | 19 367 | 24 035 | 20 817 | 23 823 |
| Equity | −84 | 438 | 592 | 875 | 1 346 | 363 | 816 | 1 082 | 704 | 1 386 | 2 016 | 2 258 | 3 379 | 958 | 4 400 | 6 564 | 12 809 |
| Long-term debt | 250 | 0 | 0 | 0 | 0 | 0 | 378 | 267 | 239 | 208 | 0 | 0 | 3 000 | 0 | 0 | 0 | 0 |
| Short-term debt | 454 | 1 478 | 1 435 | 1 982 | 3 377 | 4 931 | 4 422 | 3 709 | 5 898 | 5 375 | 7 869 | 10 527 | 9 762 | 18 409 | 19 635 | 14 252 | 11 014 |
| Total debt | 704 | 1 478 | 1 435 | 1 982 | 3 377 | 4 931 | 4 800 | 3 977 | 6 137 | 5 584 | 7 869 | 10 527 | 12 762 | 18 409 | 19 635 | 14 252 | 11 014 |
EBITDA margin
10.8%
This company
15.8%
Market median
-32% vs market
20082024
Equity ratio
53.8%
This company
38.2%
Market median
+41% vs market
20082024
Return on equity
48.8%
This company
18.4%
Market median
+165% vs market
20082024
Net profit margin
8.0%
This company
8.1%
Market median
-1% vs market
20082024
Asset turnover
3.29×
This company
1.12×
Market median
+194% vs market
20082024
Debt / equity
0.86×
This company
0.62×
Market median
+39% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-06-19 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
BE Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2020 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Function As | Company | 100.0% | 100.0% | 2023 |
Function Group Old As | Company | 100.0% | 100.0% | 2024 |
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Function Group As
FUNCTION PRODUCTS AS Board members of FUNCTION PRODUCTS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bjørn Erik Grimstad | Chief Executive Officer | 0 companies |
| Frode Gandrud | Chairman | 0 companies |
| Kjetil Kaldestad | Chairman | 0 companies |
| Simen Færevaag | Board of Directors | 0 companies |