AS FREC
Organization
- CEO
- CL
- Chairman of the board
- CL
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 394,561
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Annual total result 2024
- 2,158,577
- NOK
- Total equity 2024
- 19,922,134
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
CL | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
CL | Chairman | 100 % directly |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
CL | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
CL | Ordinary shares | 394,561 | 100 % |
Shares owned by the AS FREC
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1 | 100 % | |
| Ordinary shares | 196 | 27.61 % | |
| Ordinary shares | 9,000 | 9 % | |
| Ordinary shares | 6,129 | 2.72 % | |
| Ordinary shares | 8,443 | 0.82 % | |
| Ordinary shares | 250,000 | 0.71 % | |
| Ordinary shares | 138,333 | 0.68 % | |
| NO0010829765 | 25,000 | 0.04 % | |
| NO0010892094 | 65,000 | < 0.01 % | |
| NO0011202772 | 60,000 | < 0.01 % | |
| NO0003096208 | 40,000 | < 0.01 % | |
| NO0010208051 | 5,325 | < 0.01 % | |
| NO0010196140 | 92,000 | < 0.01 % | |
| NO0010345853 | 7,000 | < 0.01 % | |
| NO0010775448 | 1,473 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -237,885Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 2,158,577 | 294,019 | -5,056,268 | -3,175,061 |
Total assets | 43,603,568 | 33,322,126 | 29,229,239 | 45,165,871 |
Total liabilities | 23,681,433 | 15,558,568 | 11,759,700 | 21,255,840 |
Total equity | 19,922,134 | 17,763,557 | 17,469,539 | 23,910,031 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 237,885 | 323,999 | 251,573 | 236,844 |
Operating result | -237,885 | -323,999 | -251,573 | -236,844 |
Financial income/costs | 2,396,462 | 618,018 | -4,804,695 | -2,938,217 |
Profit before tax | 2,158,577 | 294,019 | -5,056,268 | -3,175,061 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 2,158,577 | 294,019 | -5,056,268 | -3,175,061 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 4,030,602 | 10,940,307 | 11,423,655 | 17,303,989 |
Total current assets | 39,572,966 | 22,381,819 | 17,805,584 | 27,861,882 |
Total assets | 43,603,568 | 33,322,126 | 29,229,239 | 45,165,871 |
Short term debt | 11,597,689 | 15,558,568 | 11,759,700 | 21,255,840 |
Long term debt | 12,083,744 | 0 | 0 | 0 |
Total liabilities | 23,681,433 | 15,558,568 | 11,759,700 | 21,255,840 |
Contributed capital | 8,747,073 | 8,747,073 | 8,747,073 | 8,809,249 |
Retained earnings | 11,175,061 | 9,016,484 | 8,722,465 | 15,100,782 |
Total equity | 19,922,134 | 17,763,557 | 17,469,539 | 23,910,031 |
Total equity and liabilities | 43,603,568 | 33,322,126 | 29,229,239 | 45,165,871 |
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