FRED HUGO AS
Operating
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Organization
- CEO
- JO
John-Hugo Olsen1966
- Chairman of the board
- JO
John-Hugo Olsen1966
- Years since formation
- 31 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 341,981
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2025
- 1,344,782
- NOK
- Annual total result 2025
- -2,457,027
- NOK
- Total equity 2025
- 20,269,899
- NOK
Last update: Jul 2, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JO 1966 | Managing Director/CEO | 52.03 % directly |
Board
| Name | Role | Shares |
|---|---|---|
JO 1966 | Chairman | 52.03 % directly |
FA 1968 | Board Member | 47.97 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JO 1966 | Managing Director/CEO, Chairman | 52.03 % directly |
FA 1968 | Board Member | 47.97 % directly |
Last update: Jun 25, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
JO 1966 | Ordinary shares | 177,930 | 52.03 % |
FA 1968 | Ordinary shares | 164,051 | 47.97 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 1,344,782 | 1,976,078 | 729,438 | 1,282,873 | 85,608 |
Annual Total Result | -2,457,027 | 1,168,592 | 3,547,104 | -5,624,512 | 609,196 |
Total assets | 38,974,569 | 42,229,380 | 42,829,432 | 45,675,432 | 54,445,711 |
Total liabilities | 18,704,670 | 19,502,454 | 21,271,098 | 27,664,202 | 30,809,969 |
Total equity | 20,269,899 | 22,726,926 | 21,558,334 | 18,011,230 | 23,635,743 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 1,344,782 | 1,976,078 | 729,438 | 1,282,873 | 85,608 |
Total operating costs | 5,784,877 | 3,392,294 | 2,420,558 | 2,461,226 | 872,367 |
Operating result | -4,440,096 | -1,416,216 | -1,691,120 | -1,178,353 | -786,759 |
Financial income/costs | 1,154,989 | 2,285,407 | 4,778,699 | -4,700,016 | 1,477,192 |
Profit before tax | -3,285,107 | 869,191 | 3,087,579 | -5,878,369 | 690,433 |
Total tax & extraordinary income/cost | -828,080 | -299,401 | -459,525 | -253,857 | 81,237 |
Annual Total Result | -2,457,027 | 1,168,592 | 3,547,104 | -5,624,512 | 609,196 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 10,195,799 | 8,883,555 | 8,978,755 | 10,888,724 | 11,244,813 |
Total current assets | 28,778,770 | 33,345,824 | 33,850,677 | 34,786,708 | 43,200,899 |
Total assets | 38,974,569 | 42,229,380 | 42,829,432 | 45,675,432 | 54,445,711 |
Short term debt | 2,748,622 | 2,751,599 | 3,814,026 | 5,885,591 | 12,850,339 |
Long term debt | 15,956,048 | 16,750,855 | 17,457,072 | 21,778,611 | 17,959,630 |
Total liabilities | 18,704,670 | 19,502,454 | 21,271,098 | 27,664,202 | 30,809,969 |
Contributed capital | 3,419,810 | 3,419,810 | 3,419,810 | 3,419,810 | 3,419,810 |
Retained earnings | 16,850,089 | 19,307,116 | 18,138,524 | 14,591,420 | 20,215,933 |
Total equity | 20,269,899 | 22,726,926 | 21,558,334 | 18,011,230 | 23,635,743 |
Total equity and liabilities | 38,974,569 | 42,229,380 | 42,829,432 | 45,675,432 | 54,445,711 |
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises