FY FARAO AS
Serial-entrepreneur, art collector, and a blockchain enthusiast based in Dubai, UAE.
Keywords
program developmentsoftware
Organization
- CEO
- SF
Sam Farao1988
- Chairman of the board
- SF
Sam Farao1988
- Years since formation
- 7 years
- since Apr 6, 2017
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Annual total result 2023
- -208,578
- NOK
- Total equity 2023
- 1,520,563
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SF 1988 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
SF 1988 | Chairman | 100 % directly |
AL | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SF 1988 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Nov 10, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
SF 1988 | Ordinary shares | 30,000 | 100 % |
Shares owned by the FY FARAO AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100,000 | 100 % | |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 225,000 | 75 % | |
| Ordinary shares | 153,000 | 51 % | |
| Ordinary shares | 10,000 | 33.33 % | |
| Ordinary shares | 128 | 5.96 % | |
| Ordinary shares | 7,937 | 4.81 % | |
| Ordinary shares | 10 | 0.02 % | |
| NO0010840507 | 1,370 | < 0.01 % | |
| NO0012861667 | 5,000 | < 0.01 % | |
| NO0010112675 | 5,000 | < 0.01 % | |
| NO0012953720 | 250 | < 0.01 % | |
| NO0010196140 | 225 | < 0.01 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -26,143Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Annual Total Result | -208,578 | 929,848 | 605,815 |
Total assets | 4,425,336 | 4,633,910 | 3,695,794 |
Total liabilities | 2,904,773 | 3,504,769 | 2,896,501 |
Total equity | 1,520,563 | 1,129,141 | 799,293 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Total operating costs | 26,143 | 36,530 | 106,188 |
Operating result | -26,143 | -36,530 | -106,188 |
Financial income/costs | -182,435 | 966,378 | 712,003 |
Profit before tax | -208,578 | 929,848 | 605,815 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -208,578 | 929,848 | 605,815 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 2,431,534 | 2,531,577 | 2,804,478 |
Total current assets | 1,993,802 | 2,102,333 | 891,316 |
Total assets | 4,425,336 | 4,633,910 | 3,695,794 |
Short term debt | 5,771 | 5,771 | 0 |
Long term debt | 2,899,002 | 3,498,998 | 2,896,501 |
Total liabilities | 2,904,773 | 3,504,769 | 2,896,501 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | 1,490,563 | 1,099,141 | 769,293 |
Total equity | 1,520,563 | 1,129,141 | 799,293 |
Total equity and liabilities | 4,425,336 | 4,633,910 | 3,695,794 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities