FRII GROUP AS
Organization
- CEO
- TA
Torgeir Algerøy1975
- Chairman of the board
- Years since formation
- 4 years
- since Apr 28, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 4,298,145
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 1,851,359
- NOK
- Annual total result 2024
- -28,118,731
- NOK
- Total equity 2024
- 10,873,934
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TA 1975 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | 19.19 % indirectly | |
MB | Board Member | - |
TA 1975 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Accountant | - | |
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Chairman | 19.19 % indirectly | |
BA | - | 18.91 % indirectly |
| - | 9.26 % indirectly | |
BS 1976 | - | 5.44 % indirectly |
AR 1959 | - | 4.71 % indirectly |
SL 1956 | - | 4.67 % indirectly |
| - | 2.41 % indirectly | |
RK 1971 | - | 1.63 % indirectly |
Last update: Aug 10, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 4,298,145 | 100 % |
Shares owned by the FRII GROUP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 313,632 | 100 % | |
| Ordinary shares | 66,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 2,268,731Operating profit 2024: NOK -3,028,861Employees: 8
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,851,359 | 2,011,235 | 2,247,068 | 50,000 |
Annual Total Result | -28,118,731 | -7,139,827 | -6,754,125 | -5,047,212 |
Total assets | 24,665,897 | 43,152,978 | 10,552,306 | 2,848,748 |
Total liabilities | 13,791,964 | 14,111,973 | 7,521,353 | 4,365,960 |
Total equity | 10,873,934 | 29,041,005 | 3,030,953 | -1,517,212 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,851,359 | 2,011,235 | 2,247,068 | 50,000 |
Total operating costs | 13,804,609 | 8,892,525 | 8,874,184 | 5,097,919 |
Operating result | -11,953,250 | -6,881,290 | -6,627,116 | -5,047,919 |
Financial income/costs | -16,165,481 | -258,537 | -127,009 | 707 |
Profit before tax | -28,118,731 | -7,139,827 | -6,754,125 | -5,047,212 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -28,118,731 | -7,139,827 | -6,754,125 | -5,047,212 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 23,869,752 | 40,560,611 | 5,710,856 | 19,298 |
Total current assets | 796,145 | 2,592,367 | 4,841,449 | 2,829,450 |
Total assets | 24,665,897 | 43,152,978 | 10,552,306 | 2,848,748 |
Short term debt | 3,206,637 | 1,413,609 | 2,021,353 | 4,365,960 |
Long term debt | 10,585,327 | 12,698,364 | 5,500,000 | 0 |
Total liabilities | 13,791,964 | 14,111,973 | 7,521,353 | 4,365,960 |
Contributed capital | 57,933,828 | 47,982,168 | 14,832,289 | 3,530,000 |
Retained earnings | -47,059,894 | -18,941,163 | -11,801,336 | -5,047,212 |
Total equity | 10,873,934 | 29,041,005 | 3,030,953 | -1,517,212 |
Total equity and liabilities | 24,665,897 | 43,152,978 | 10,552,306 | 2,848,748 |
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