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FRAM UTVIKLING AS
AS
Active
Org 999609244
Johnseveien 40, 1628 Engelsviken
Utvikling og salg av egen fast eiendom ellers · NACE 41109
Est. 2013
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 64K
-97% vs 2021
EBITDA margin
-947.2%
-480% vs 2021
Equity ratio
51.8%
Financial strength
Net profit 2022
NOK 670K
-33% vs 2021
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2018
1M
+100%
2019
0M
-100%
2020
0M
0%
2021
-1M
-100%
2022
Key figures
Annual report 2022
Revenue
NOK 64K
-97%
EBITDA
NOK -604K
-480%
Net profit
NOK 670K
-33%
Total assets
NOK 2,7M
-16%
Equity
NOK 1,4M
-45%
Employees
0
—
Company information
Legal name
FRAM UTVIKLING AS
Org number
999609244
Legal form
Aksjeselskap
NACE code
41109 · Utvikling og salg av egen fast eiendom ellers
Founded
29. januar 2013
Share capital
NOK 3 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Utvikling, salg og utleie av egen fast eiendom.
Contact
Address
Johnseveien 40, 1628 Engelsviken
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All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2018
3M
2019
3M
2020
2M
2021
0M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
1M
2019
0M
2020
0M
2021
-1M
2022
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
Revenue
1 758
2 620
2 748
2 029
64
Staff expenses
−975
−627
−348
−7
−3
EBITDA
245
588
−19
159
−604
Depreciation & amort.
−17
−12
−15
−10
−7
EBIT
227
575
−34
148
−611
Net financials
−1
2 804
1 367
1 520
1 338
Profit before tax
227
3 379
1 334
1 668
727
Tax
−1 547
1 326
510
663
57
Net profit
1 774
2 054
824
1 005
670
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
Total assets
2 416
4 665
2 021
3 213
2 697
Equity
1 505
559
1 545
2 550
1 397
Long-term debt
−253
0
0
0
0
Short-term debt
1 163
4 106
476
663
1 300
Total debt
910
4 106
476
663
1 300
Financial ratios
5-year trend
EBITDA margin
-947.2%
This company
15.8%
Market median
-6095% vs market
2018
2022
Equity ratio
51.8%
This company
38.2%
Market median
+36% vs market
2018
2022
Return on equity
48.0%
This company
18.4%
Market median
+161% vs market
2018
2022
Net profit margin
1051.6%
This company
8.1%
Market median
+12883% vs market
2018
2022
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
2018
2022
Debt / equity
0.93×
This company
0.62×
Market median
+50% vs market
2018
2022
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
EO
Eirik Olsen
Deputy Member
Deputy Member
2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TB
Tord Berntsen
Board of Directors
2013
MO
Morten Olsen
Chairman
2013
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FRAM UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Eirik Olsen
Deputy Member
0 companies
Tord Berntsen
Board of Directors
0 companies
Morten Olsen
Chairman
0 companies