Riskpilot← Back to searchSign inGet full accessFRIGSTAD ENGINEERING (NORWAY) AS
ASActiveOrg 995330601Rådhusgata 3, 4611 Kristiansand SEngineering activities and related technical consultancy · NACE 7112Est. 20102 employeeswww.frigstad.com
Revenue 2024
NOK 8,3M
+720% vs 2023
EBITDA margin
2.9%
+106% vs 2023
Equity ratio
54.8%
Financial strength
Net profit 2024
NOK 290K
+107% vs 2023
| Revenue | NOK 8,3M | +720% |
| EBITDA | NOK 240K | +106% |
| Net profit | NOK 290K | +107% |
| Total assets | NOK 16,8M | +53% |
| Equity | NOK 9,2M | +46% |
| Employees | 2 | — |
Legal name
FRIGSTAD ENGINEERING (NORWAY) AS
Org number
995330601
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
24. mars 2010
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 medlemmer hver for seg. Daglig leder alene.
Company purpose
Ingeniørtjenester til selskaper i offshore sektoren, samt forestå ulike forretningsutviklingstjenester og utvikling av rig design til fordel for tilknyttede selskaper i frigstad engineering gruppen.
Address
Rådhusgata 3, 4611 Kristiansand S
Website
www.frigstad.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 727 | 11 481 | 13 312 | 14 331 | 13 359 | 13 481 | 13 428 | 11 264 | 7 615 | 3 225 | 795 | 1 156 | 1 007 | 8 259 |
| Staff expenses | −0 | −1 126 | −7 100 | −8 003 | −8 459 | −9 528 | −9 875 | −9 001 | −8 747 | −0 | −0 | −1 533 | −1 267 | −1 169 | −3 407 |
| EBITDA | −11 | −944 | 527 | 1 092 | 798 | 216 | 579 | −898 | −2 330 | −3 092 | −2 851 | −3 231 | −2 832 | −3 694 | 240 |
| Depreciation & amort. | −0 | −2 | −29 | −45 | −45 | −33 | −59 | −30 | −614 | −659 | −375 | −351 | −619 | −475 | −15 |
| EBIT | −11 | −946 | 498 | 1 047 | 753 | 183 | 520 | −928 | −2 944 | −3 752 | −3 226 | −3 583 | −3 451 | −4 170 | 225 |
| Net financials | 0 | −35 | 1 | −19 | −14 | −5 | 6 | −4 | −23 | 50 | −44 | −5 | 1 | 186 | 65 |
| Profit before tax | −11 | −982 | 499 | 1 028 | 739 | 178 | 525 | −933 | −2 966 | −3 702 | −3 269 | −3 588 | −3 450 | −3 984 | 290 |
| Tax | −0 | −278 | 142 | 292 | 209 | 96 | 136 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | −11 | −704 | 358 | 737 | 530 | 82 | 389 | −933 | −2 966 | −3 702 | −3 269 | −3 588 | −3 450 | −3 984 | 290 |
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 107 | 2 068 | 5 631 | 7 444 | 6 382 | 6 191 | 8 223 | 11 631 | 12 239 | 7 460 | 3 595 | 2 808 | 2 084 | 11 020 | 16 810 |
| Equity | 94 | −609 | −252 | 485 | 1 015 | 1 097 | 1 486 | 553 | −2 413 | 4 610 | 2 964 | 1 937 | 912 | 6 328 | 9 218 |
| Long-term debt | 0 | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 13 | 2 678 | 5 882 | 6 950 | 5 367 | 5 094 | 6 737 | 11 078 | 14 651 | 2 850 | 631 | 871 | 1 172 | 4 692 | 7 592 |
| Total debt | 13 | 2 678 | 5 882 | 6 959 | 5 367 | 5 094 | 6 737 | 11 078 | 14 651 | 2 850 | 631 | 871 | 1 172 | 4 692 | 7 592 |
EBITDA margin
2.9%
This company
15.8%
Market median
-82% vs market
20102024
Equity ratio
54.8%
This company
38.2%
Market median
+43% vs market
20102024
Return on equity
3.1%
This company
18.4%
Market median
-83% vs market
20102024
Net profit margin
3.5%
This company
8.1%
Market median
-57% vs market
20102024
Asset turnover
0.49×
This company
1.12×
Market median
-56% vs market
20102024
Debt / equity
0.82×
This company
0.62×
Market median
+32% vs market
20102024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
DF Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
AP Deputy Member | Deputy Member | 2012 | — | — |
EL Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2012 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Frigstad Engineering Limited | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of FRIGSTAD ENGINEERING (NORWAY) AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Dag Frigstad | Chief Executive Officer | 0 companies |
| Arne Paulsen | Deputy Member | 0 companies |
| Eirik Landaas-Nilsen | Chief Executive Officer | 0 companies |
| Harald Frigstad | Chairman | 0 companies |