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Forw Norway
AS
Active
Org 997180380
Wergelandsveien 1, 0167
Oslo
Logistics service activities
·
NACE 5225
Est. 2011 · 14 years old
3 employees
Monitor
Share
Norway
/
Companies
/
Logistics service activities
/
Forw Norway
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
29M
21M
14M
7M
0M
2021: 13M
13M
2021
2022: 23M (+77% vs 2021)
23M
+77%
2022
2023: 16M (-30% vs 2022)
16M
-30%
2023
2024: 16M (0% vs 2023)
16M
0%
2024
2025: 11M (-31% vs 2024)
11M
-31%
2025
EBITDA
NOK millions
3M
2M
0M
-2M
-3M
2021: 0M
0M
2021
2022: 2M
2M
2022
2023: 0M (-100% vs 2022)
0M
-100%
2023
2024: -2M
-2M
2024
2025: 0M (+100% vs 2024)
0M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
10 795
15 748
16 181
23 190
12 616
Staff expenses
−704
−2 397
−2 497
−2 639
−2 053
EBITDA
306
−1 826
74
1 951
129
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
306
−1 826
74
1 951
129
Net financials
−72
−67
−15
−253
−36
Profit before tax
234
−1 893
59
1 697
93
Tax
52
−416
14
380
21
Net profit
183
−1 476
45
1 318
73
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
2 787
3 257
3 798
5 109
3 975
Equity
1 605
1 423
2 099
2 054
1 536
Long-term debt
0
0
0
0
0
Short-term debt
1 181
1 834
1 699
3 055
2 438
Total debt
1 181
1 834
1 699
3 055
2 438
Financial ratios
5-year trend
EBITDA margin
2,8 %
This company
15,8 %
Market median
This company
Market median
82% below market
2021
2025
Equity ratio
57,6 %
This company
38,2 %
Market median
This company
Market median
51% above market
2021
2025
Return on equity
11,4 %
This company
18,4 %
Market median
This company
Market median
38% below market
2021
2025
Net profit margin
1,7 %
This company
8,1 %
Market median
This company
Market median
79% below market
2021
2025
Asset turnover
3,87×
This company
1,12×
Market median
This company
Market median
246% above market
2021
2025
Debt / equity
0,74×
This company
0,62×
Market median
This company
Market median
19% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Forw Norway
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network