Riskpilot← Back to searchSign inGet full accessFLAGSTAD AS
ASActiveOrg 998326648Frønsetvegen 43, 2340 LøtenSewerage · NACE 3700Est. 201211 employeeswww.flagstad-as.no
Revenue 2024
NOK 36,4M
-9% vs 2023
EBITDA margin
11.1%
-10% vs 2023
Equity ratio
45.1%
Financial strength
Net profit 2024
NOK 700K
-29% vs 2023
| Revenue | NOK 36,4M | -9% |
| EBITDA | NOK 4M | -10% |
| Net profit | NOK 700K | -29% |
| Total assets | NOK 25M | -12% |
| Equity | NOK 11,3M | -6% |
| Employees | 11 | — |
Legal name
FLAGSTAD AS
Org number
998326648
Legal form
Aksjeselskap
NACE code
3700 · Sewerage
Founded
3. mai 2012
Share capital
NOK 2 145 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og ett styremedlem i fellesskap.
Company purpose
Handel og tjenesteyting innen avfalls- og forureningshåndtering, vann- og avløpssystemer, veger og anlegg, jordforbedring og miljøtiltak, samt å drive annen vareomsetning og tjenestyting og annen økonomisk virksomhet.
Address
Frønsetvegen 43, 2340 Løten
Website
www.flagstad-as.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23 423 | 21 959 | 21 216 | 25 121 | 24 084 | 23 650 | 28 298 | 27 472 | 28 815 | 28 966 | 28 876 | 40 016 | 36 380 |
| Staff expenses | −8 684 | −9 108 | −9 006 | −9 928 | −10 165 | −9 750 | −11 328 | −12 245 | −11 513 | −12 478 | −13 299 | −14 655 | −15 492 |
| EBITDA | 4 865 | 3 357 | 3 414 | 6 956 | 6 532 | 4 127 | 6 988 | 6 024 | 8 419 | 6 488 | 3 676 | 4 499 | 4 035 |
| Depreciation & amort. | −1 571 | −1 910 | −1 605 | −2 487 | −1 992 | −1 542 | −1 597 | −1 779 | −2 122 | −2 444 | −2 803 | −2 851 | −2 987 |
| EBIT | 3 294 | 1 447 | 1 809 | 4 469 | 4 540 | 2 585 | 5 391 | 4 245 | 6 297 | 4 044 | 874 | 1 648 | 1 047 |
| Net financials | 199 | −181 | −21 | −126 | −123 | 56 | −45 | 62 | −71 | −192 | −417 | −391 | −149 |
| Profit before tax | 3 494 | 1 266 | 1 788 | 4 343 | 4 417 | 2 641 | 5 347 | 4 307 | 6 225 | 3 852 | 457 | 1 256 | 898 |
| Tax | 984 | 369 | 486 | 1 165 | 1 101 | 615 | 1 208 | 949 | 1 370 | 775 | 101 | 276 | 198 |
| Net profit | 2 509 | 897 | 1 302 | 3 178 | 3 316 | 2 026 | 4 139 | 3 358 | 4 855 | 3 077 | 355 | 980 | 700 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 19 274 | 14 420 | 11 827 | 17 895 | 20 490 | 19 117 | 25 423 | 25 176 | 33 508 | 29 314 | 28 627 | 28 577 | 25 017 |
| Equity | 5 785 | 4 327 | 4 130 | 5 308 | 12 247 | 12 778 | 13 011 | 12 880 | 12 706 | 12 378 | 12 027 | 11 963 | 11 281 |
| Long-term debt | 2 818 | 3 604 | 2 535 | 5 651 | 322 | 465 | 2 365 | 3 217 | 8 935 | 5 947 | 8 141 | 6 567 | 4 797 |
| Short-term debt | 10 671 | 6 489 | 5 162 | 6 936 | 7 921 | 5 874 | 10 047 | 9 079 | 11 868 | 10 988 | 8 459 | 10 046 | 8 939 |
| Total debt | 13 489 | 10 093 | 7 697 | 12 587 | 8 243 | 6 340 | 12 412 | 12 296 | 20 803 | 16 935 | 16 600 | 16 613 | 13 736 |
EBITDA margin
11.1%
This company
15.8%
Market median
-30% vs market
20122024
Equity ratio
45.1%
This company
38.2%
Market median
+18% vs market
20122024
Return on equity
6.2%
This company
18.4%
Market median
-66% vs market
20122024
Net profit margin
1.9%
This company
8.1%
Market median
-77% vs market
20122024
Asset turnover
1.45×
This company
1.12×
Market median
+29% vs market
20122024
Debt / equity
1.22×
This company
0.62×
Market median
-97% vs market
20122024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KS Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
PF Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
JF Chief Executive Officer | Chief Executive Officer | 2012 | — | — |
TA Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2019 | — | — | |
| Board of Directors | 2019 | — | — | |
| Chairman | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Norva24 Norge As | 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.
Norva24 Holding As
FLAGSTAD AS Board members of FLAGSTAD AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kjetil Skogheim | Chief Executive Officer | 0 companies |
| Pål Fahle Karlsen | Chief Executive Officer | 0 companies |
| Jan Flagstad | Chief Executive Officer | 0 companies |
| Trine Amundsen | Chief Executive Officer | 0 companies |
| Tore Stein Hansen | Chairman | 0 companies |
| Geir Magne Byberg | Board of Directors | 0 companies |
| Tommy Pedersen | Chairman | 0 companies |