FRONTLINE AS
Organization
- CEO
- Chairman of the board
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 6,000
- 1 share class
- Total number of shareholders
- 3
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 132,424,834
- NOK
- Annual total result 2024
- 5,733,269
- NOK
- Total equity 2024
- 1,096,449
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 24.9 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
KM | Board Member | 24.9 % indirectly |
| Chairman | 24.9 % indirectly | |
OP | Board Member | 50.2 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OP | Board Member | 50.2 % indirectly |
| Managing Director/CEO, Chairman | 24.9 % indirectly | |
KM | Board Member | 24.9 % indirectly |
Last update: Oct 25, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,012 | 50.2 % | |
| Ordinary shares | 1,494 | 24.9 % | |
| Ordinary shares | 1,494 | 24.9 % |
Shares owned by the FRONTLINE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -251,757Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 132,424,834 | 131,347,664 | 105,516,228 |
Annual Total Result | 5,733,269 | 5,997,921 | 3,974,071 |
Total assets | 28,546,029 | 25,268,788 | 20,642,933 |
Total liabilities | 27,449,580 | 23,905,608 | 15,800,674 |
Total equity | 1,096,449 | 1,363,180 | 4,842,259 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 132,424,834 | 131,347,664 | 105,516,228 |
Total operating costs | 125,992,194 | 123,044,356 | 99,835,237 |
Operating result | 6,432,640 | 8,303,308 | 5,680,992 |
Financial income/costs | 921,498 | -612,277 | -586,236 |
Profit before tax | 7,354,138 | 7,691,030 | 5,094,755 |
Total tax & extraordinary income/cost | 1,620,869 | 1,693,109 | 1,120,684 |
Annual Total Result | 5,733,269 | 5,997,921 | 3,974,071 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 87,360 | 147,950 | 194,948 |
Total current assets | 28,458,669 | 25,120,838 | 20,447,985 |
Total assets | 28,546,029 | 25,268,788 | 20,642,933 |
Short term debt | 27,449,580 | 23,905,608 | 15,800,674 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 27,449,580 | 23,905,608 | 15,800,674 |
Contributed capital | 732,000 | 732,000 | 732,000 |
Retained earnings | 364,449 | 631,180 | 4,110,259 |
Total equity | 1,096,449 | 1,363,180 | 4,842,259 |
Total equity and liabilities | 28,546,029 | 25,268,788 | 20,642,933 |
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