FREMAD AS
Organization
- CEO
- OG
Olav Grøndahl1964
- Chairman of the board
- OG
Olav Grøndahl1964
- Years since formation
- 29 years
- since Jul 23, 1996
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- 9,245,777
- NOK
- Total equity 2024
- 10,115,901
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OG 1964 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
OG 1964 | Chairman | 100 % directly |
AK | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OG 1964 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Jul 19, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
OG 1964 | Ordinary shares | 1,000 | 100 % |
Shares owned by the FREMAD AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 999 | 45.2 % | |
| Ordinary shares | 400 | 33.33 % | |
| NO0010633951 | 64,000 | 0.02 % | |
| NO0004822503 | 7,000 | < 0.01 % | |
| NO0003055501 | 5,000 | < 0.01 % | |
| NO0010209331 | 300 | < 0.01 % | |
| Ordinary shares | 42,000 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 30,000 |
Annual Total Result | 9,245,777 | 1,071,112 | 209,072 |
Total assets | 10,617,842 | 3,803,814 | 4,864,724 |
Total liabilities | 501,941 | 2,933,689 | 5,065,711 |
Total equity | 10,115,901 | 870,124 | -200,988 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 30,000 |
Total operating costs | 22,268 | 8,164 | 8,610 |
Operating result | -22,268 | -8,164 | 21,390 |
Financial income/costs | 9,382,800 | 1,126,910 | 245,571 |
Profit before tax | 9,360,532 | 1,118,746 | 266,960 |
Total tax & extraordinary income/cost | 114,755 | 47,634 | 57,888 |
Annual Total Result | 9,245,777 | 1,071,112 | 209,072 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 776,558 | 1,149,900 | 1,110,000 |
Total current assets | 9,841,284 | 2,653,914 | 3,754,724 |
Total assets | 10,617,842 | 3,803,814 | 4,864,724 |
Short term debt | 501,941 | 2,928,696 | 5,059,206 |
Long term debt | 0 | 4,993 | 6,505 |
Total liabilities | 501,941 | 2,933,689 | 5,065,711 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | 10,015,901 | 770,124 | -300,988 |
Total equity | 10,115,901 | 870,124 | -200,988 |
Total equity and liabilities | 10,617,842 | 3,803,813 | 4,864,723 |
Classification
Type of organization
Limited company