FRAM. AS
Organization
- CEO
- HU
Helge Ulstein1960
- Chairman of the board
- HU
Helge Ulstein1960
- Years since formation
- 14 years
- since Dec 13, 2011
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 1,289,361
- NOK
- Annual total result 2024
- 681,963
- NOK
- Total equity 2024
- 1,384,846
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HU 1960 | Managing Director/CEO | 10 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
HU 1960 | Chairman | 10 % indirectly |
IM | Board Member | 50 % directly |
MB | Alternate Member | 10 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
IM | Board Member | 50 % directly |
HU 1960 | Managing Director/CEO, Chairman | 10 % indirectly |
MB | Alternate Member | 10 % indirectly |
TV | - | 10 % indirectly |
CU | - | 10 % indirectly |
HV | - | 10 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 50 % | |
IM | Ordinary shares | 50 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,289,361 | 324,221 | 196,836 |
Annual Total Result | 681,963 | -7,787 | 82,996 |
Total assets | 5,052,761 | 6,140,548 | 1,959,737 |
Total liabilities | 3,667,915 | 5,437,665 | 1,249,066 |
Total equity | 1,384,846 | 702,883 | 710,671 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,289,361 | 324,221 | 196,836 |
Total operating costs | 142,494 | 140,931 | 80,755 |
Operating result | 1,146,867 | 183,290 | 116,081 |
Financial income/costs | -272,689 | -193,273 | -9,676 |
Profit before tax | 874,178 | -9,982 | 106,406 |
Total tax & extraordinary income/cost | 192,215 | -2,195 | 23,410 |
Annual Total Result | 681,963 | -7,787 | 82,996 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 4,188,025 | 5,610,025 | 1,461,100 |
Total current assets | 864,736 | 530,523 | 498,637 |
Total assets | 5,052,761 | 6,140,548 | 1,959,737 |
Short term debt | 235,707 | 184,775 | 122,785 |
Long term debt | 3,432,208 | 5,252,890 | 1,126,281 |
Total liabilities | 3,667,915 | 5,437,665 | 1,249,066 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,284,846 | 602,883 | 610,671 |
Total equity | 1,384,846 | 702,883 | 710,671 |
Total equity and liabilities | 5,052,761 | 6,140,548 | 1,959,737 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises