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STIFTELSEN FREMAD II
STI
Active
Org 992874864
Fjelltunvegen 16F, 4103 Jørpeland
Activities of other membership organisations n.e.c. · NACE 9499
Est. 2008
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 402K
-76% vs 2023
EBITDA margin
11.1%
-94% vs 2023
Equity ratio
100.0%
Financial strength
Net profit 2024
NOK 47K
-94% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 402K
-76%
EBITDA
NOK 44K
-94%
Net profit
NOK 47K
-94%
Total assets
NOK 862K
+6%
Equity
NOK 862K
+6%
Employees
0
—
Company information
Legal name
STIFTELSEN FREMAD II
Org number
992874864
Legal form
Stiftelse
NACE code
9499 · Activities of other membership organisations n.e.c.
Founded
1. april 2008
Share capital
—
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Fjelltunvegen 16F, 4103 Jørpeland
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Companies in Activities of other membership organisations n.e.c.
Companies in Strand
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
7M
2020
2M
2021
2M
2022
2M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 867
1 884
2 042
1 650
402
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−19
−21
−26
756
44
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−19
−21
−26
756
44
Net financials
1
2
2
3
3
Profit before tax
−18
−19
−24
759
47
Tax
−0
−0
−0
−0
−0
Net profit
−18
−19
−24
759
47
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
692
850
1 000
815
862
Equity
99
80
56
815
862
Long-term debt
0
0
0
0
0
Short-term debt
594
769
944
0
0
Total debt
594
769
944
0
0
Financial ratios
5-year trend
EBITDA margin
11.1%
This company
15.8%
Market median
-30% vs market
2020
2024
Equity ratio
100.0%
This company
38.2%
Market median
+162% vs market
2020
2024
Return on equity
5.5%
This company
18.4%
Market median
-70% vs market
2020
2024
Net profit margin
11.8%
This company
8.1%
Market median
+46% vs market
2020
2024
Asset turnover
0.47×
This company
1.12×
Market median
-58% vs market
2020
2024
Debt / equity
0.00×
This company
0.62×
Market median
+100% 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 (3)
TI
Terje Ingvar Iversen
Deputy Member
Deputy Member
2019
AM
Aslak Moi
Deputy Member
Deputy Member
2019
KA
Kolbjørn Ask
Deputy Member
Deputy Member
2019
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
IL
Ivar Løvås
Chairman
2019
SK
Sverre Kristoffer Heng
Board of Directors
2019
BO
Børge Oanes
Board of Directors
2019
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.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of STIFTELSEN FREMAD II also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Ingvar Iversen
Deputy Member
0 companies
Aslak Moi
Deputy Member
0 companies
Kolbjørn Ask
Deputy Member
0 companies
Ivar Løvås
Chairman
0 companies
Sverre Kristoffer Heng
Board of Directors
0 companies
Børge Oanes
Board of Directors
0 companies