FRARA AS
Organization
- CEO
- FR
Frank Rasmussen1974
- Chairman of the board
- FR
Frank Rasmussen1974
- Years since formation
- 17 years
- since Sep 18, 2008
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 10,000
- 3 share classes
- Total number of shareholders
- 3
- persons
Financials
- Annual total result 2024
- 22,618,176
- NOK
- Total equity 2024
- 89,654,175
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
FR 1974 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
FR 1974 | Chairman | 100 % directly |
LM | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FR 1974 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Nov 25, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
FR 1974 | A-shares | 6,124 | 61.24 % |
FR 1974 | C-shares | 2,651 | 26.51 % |
FR 1974 | Class B shares | 1,225 | 12.25 % |
Shares owned by the FRARA AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,781 | 8.28 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 22,618,176 | 15,558,857 | 4,839,235 | 15,875,013 |
Total assets | 90,088,549 | 77,258,683 | 71,647,747 | 66,850,754 |
Total liabilities | 434,374 | 10,222,684 | 10,170,605 | 212,846 |
Total equity | 89,654,175 | 67,035,999 | 61,477,142 | 66,637,908 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 49,609 | 48,562 | 49,004 | 43,468 |
Operating result | -49,609 | -48,562 | -49,004 | -43,468 |
Financial income/costs | 23,102,159 | 15,830,103 | 5,058,844 | 16,131,326 |
Profit before tax | 23,052,550 | 15,781,541 | 5,009,840 | 16,087,859 |
Total tax & extraordinary income/cost | 434,374 | 222,684 | 170,605 | 212,846 |
Annual Total Result | 22,618,176 | 15,558,857 | 4,839,235 | 15,875,013 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 21,491,218 | 21,491,218 | 21,491,218 | 21,491,218 |
Total current assets | 68,597,331 | 55,767,465 | 50,156,529 | 45,359,536 |
Total assets | 90,088,549 | 77,258,683 | 71,647,747 | 66,850,754 |
Short term debt | 434,374 | 10,222,684 | 10,170,605 | 212,846 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 434,374 | 10,222,684 | 10,170,605 | 212,846 |
Contributed capital | 9,083,173 | 9,083,173 | 9,083,173 | 9,083,173 |
Retained earnings | 80,571,002 | 57,952,826 | 52,393,969 | 57,554,735 |
Total equity | 89,654,175 | 67,035,999 | 61,477,142 | 66,637,908 |
Total equity and liabilities | 90,088,549 | 77,258,683 | 71,647,747 | 66,850,754 |
Classification
Type of organization
Limited company