Riskpilot← Back to searchSign inGet full accessFRIGAARD PROPERTY GROUP AS
ASBankruptOrg 996056279Sandesundsveien 2, 1724 SarpsborgConstruction of residential and non-residential buildings · NACE 4100Est. 20105 employees
Revenue 2023
NOK 2,6M
+156% vs 2022
EBITDA margin
-600.9%
+34% vs 2022
Equity ratio
25.7%
Financial strength
Net profit 2023
NOK 37,3M
+917% vs 2022
| Revenue | NOK 2,6M | +156% |
| EBITDA | NOK -15,4M | +34% |
| Net profit | NOK 37,3M | +917% |
| Total assets | NOK 704,2M | -11% |
| Equity | NOK 180,8M | +26% |
| Employees | 5 | — |
Legal name
FRIGAARD PROPERTY GROUP AS
Org number
996056279
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
18. oktober 2010
Share capital
NOK 430 120
Employees
5 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Tre styremedlemmer i fellesskap.
Company purpose
Å drive virksomhet innenfor stålkonstruksjoner, entreprenørvirksomhet og boligutvikling.
Address
Sandesundsveien 2, 1724 Sarpsborg
Phone
+4769973900
Email
post@frigaardgruppen.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 955 | 1 031 | 1 074 | 1 002 | 2 567 |
| Staff expenses | −4 228 | −11 024 | −6 795 | −8 399 | −8 613 |
| EBITDA | −10 398 | −19 887 | −14 374 | −23 537 | −15 426 |
| Depreciation & amort. | −10 | −704 | −796 | −819 | −808 |
| EBIT | −10 408 | −20 591 | −15 170 | −24 356 | −16 234 |
| Net financials | −13 282 | 22 788 | 30 933 | 30 800 | 53 112 |
| Profit before tax | −23 690 | 2 197 | 15 763 | 6 444 | 36 878 |
| Tax | −5 138 | −3 602 | 4 819 | 2 774 | −447 |
| Net profit | −18 552 | 5 799 | 10 944 | 3 670 | 37 326 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total assets | 495 638 | 514 025 | 734 969 | 793 297 | 704 211 |
| Equity | 192 878 | 198 677 | 139 794 | 143 465 | 180 790 |
| Long-term debt | 295 706 | 10 209 | 588 457 | 640 892 | 172 885 |
| Short-term debt | 7 056 | 305 140 | 6 719 | 8 940 | 350 536 |
| Total debt | 302 762 | 315 349 | 595 176 | 649 832 | 523 421 |
EBITDA margin
-600.9%
This company
15.8%
Market median
-3903% vs market
20192023
Equity ratio
25.7%
This company
38.2%
Market median
-33% vs market
20192023
Return on equity
20.6%
This company
18.4%
Market median
+12% vs market
20192023
Net profit margin
1454.1%
This company
8.1%
Market median
+17852% vs market
20192023
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
20192023
Debt / equity
2.90×
This company
0.62×
Market median
-368% vs market
20192023
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LA Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (1) | ||
SN Chief Executive Officer | Chief Executive Officer | 2020 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2024 | |
| Chairman | 2024 | |
| Former (3) | ||
| Board of Directors | 2022 – 2024 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2021 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 89.89% | 89.89% | 2024 | |
| Company | 7.86% | 7.86% | 2023 | |
| Company | 3.84% | 3.84% | 2024 | |
| Company | 2.38% | 2.38% | 2024 | |
| Company | 2.1% | 2.1% | 2024 | |
| Company | 1.43% | 1.43% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Soland Invest As
FRIGAARD PROPERTY GROUP AS Board members of FRIGAARD PROPERTY GROUP AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Simon Nyquist Martinsen | Chief Executive Officer | 0 companies |
| Lars Andreas Strid | Chief Executive Officer | 0 companies |
| Helge Stemshaug | Board of Directors | 0 companies |
| Kristian Lindland | Board of Directors | 0 companies |
| Trond Olav Frigaard | Chairman | 0 companies |
| Mads Langaard | Board of Directors | 0 companies |
| Petter Bøhler | Board of Directors | 0 companies |