Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Flogas Norge AS
AS
Active
Org 998409438
Bygg D Sandakerveien 116, 0484
Oslo
Wholesale of solid, liquid and gaseous fuels and related products
·
NACE 4681
Est. 2012 · 14 years old
23 employees
Monitor
Share
Norway
/
Companies
/
Wholesale of solid, liquid and gaseous fuels and related products
/
Flogas Norge AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
1.8B
1.3B
0.9B
0.4B
0B
2021: 0.6B
0.6B
2021
2022: 1.1B (+72% vs 2021)
1.1B
+72%
2022
2023: 1.4B (+28% vs 2022)
1.4B
+28%
2023
2024: 1.3B (-8% vs 2023)
1.3B
-8%
2024
2025: 1.1B (-17% vs 2024)
1.1B
-17%
2025
EBITDA
NOK millions
113M
85M
57M
28M
0M
2021: 39M
39M
2021
2022: 51M (+31% vs 2021)
51M
+31%
2022
2023: 54M (+6% vs 2022)
54M
+6%
2023
2024: 91M (+69% vs 2023)
91M
+69%
2024
2025: 58M (-36% vs 2024)
58M
-36%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
1 089 816
1 317 720
1 431 242
1 116 849
649 330
Staff expenses
−36 653
−34 831
−29 033
−24 918
−24 296
EBITDA
57 554
90 631
53 602
50 666
39 415
Depreciation & amort.
−5 128
−6 024
−7 250
−7 392
−7 496
EBIT
52 426
84 607
46 352
43 274
31 919
Net financials
6 542
2 921
−709
−2 038
−2 162
Profit before tax
58 968
87 528
45 643
41 236
29 758
Tax
13 018
19 299
10 112
9 075
6 624
Net profit
45 950
68 229
35 530
32 161
23 133
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
604 136
590 887
543 588
448 229
320 227
Equity
273 312
229 624
161 394
125 864
93 703
Long-term debt
59 009
56 887
56 582
57 301
57 278
Short-term debt
271 815
304 377
325 612
265 064
169 246
Total debt
330 824
361 264
382 194
322 365
226 524
Financial ratios
5-year trend
EBITDA margin
5,3 %
This company
15,8 %
Market median
This company
Market median
66% below market
2021
2025
Equity ratio
45,2 %
This company
38,2 %
Market median
This company
Market median
18% above market
2021
2025
Return on equity
16,8 %
This company
18,4 %
Market median
This company
Market median
9% below market
2021
2025
Net profit margin
4,2 %
This company
8,1 %
Market median
This company
Market median
48% below market
2021
2025
Asset turnover
1,80×
This company
1,12×
Market median
This company
Market median
61% above market
2021
2025
Debt / equity
1,21×
This company
0,62×
Market median
This company
Market median
95% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2024-04-01 – 2025-03-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2023-04-01 – 2024-03-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2022-04-01 – 2023-03-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2021-04-01 – 2022-03-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2020-04-01 – 2021-03-31
View
PDF
More on Flogas Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
