FÆRØ DESIGN AS
Closed at January 15th, 2025
Keywords
product developmentprocess developmentdesign businesstextilesclothingshoesjewellerygold goodssilver goodsfurnitureinterior itemsfashion goods
Organization
- Chairman of the board
- FF
Frode Færø1959
- Operation time
- 11 years
- - Sep 9, 2014 to Jan 15, 2025
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2023
- 992,156
- NOK
- Annual total result 2023
- -74,233
- NOK
- Total equity 2023
- 55,098
- NOK
Last update: Jan 7, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
FF 1959 | Chairman | 100 % directly |
GH | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FF 1959 | Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
FF 1959 | Ordinary shares | 30 | 100 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 992,156 | 769,548 | 1,029,395 |
Annual Total Result | -74,233 | 37,175 | 140,915 |
Total assets | 490,518 | 778,006 | 643,722 |
Total liabilities | 435,420 | 648,673 | 551,567 |
Total equity | 55,098 | 129,331 | 92,156 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 992,156 | 769,548 | 1,029,395 |
Total operating costs | 1,065,040 | 714,651 | 846,607 |
Operating result | -72,884 | 54,898 | 182,788 |
Financial income/costs | -1,349 | -5,899 | -2,128 |
Profit before tax | -74,233 | 48,999 | 180,660 |
Total tax & extraordinary income/cost | 0 | 11,824 | 39,745 |
Annual Total Result | -74,233 | 37,175 | 140,915 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 0 | 18,452 | 44,947 |
Total current assets | 490,518 | 759,554 | 598,776 |
Total assets | 490,518 | 778,006 | 643,722 |
Short term debt | 120,420 | 333,673 | 236,567 |
Long term debt | 315,000 | 315,000 | 315,000 |
Total liabilities | 435,420 | 648,673 | 551,567 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | 25,098 | 99,331 | 62,156 |
Total equity | 55,098 | 129,331 | 92,156 |
Total equity and liabilities | 490,518 | 778,004 | 643,722 |
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
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
74
Activity
Other professional, scientific and technical activities
74.1
Main industrial group
Specialised design activities
74.10
Industrial group
Specialised design activities
74.101
Industrial group
Industrial design, product design and other technical design