FAREST AS
Organization
- CEO
- TF
Tore Farestveit1968
- Chairman of the board
- TF
Tore Farestveit1968
- Years since formation
- 17 years
- since Jun 24, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 357,357
- NOK
- Annual total result 2024
- -26,520
- NOK
- Total equity 2024
- 955,359
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TF 1968 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TF 1968 | Chairman | 100 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TF 1968 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Jun 20, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TF 1968 | Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 357,357 | 365,180 | 315,554 | 256,193 |
Annual Total Result | -26,520 | 1,704 | -76,871 | -47,490 |
Total assets | 2,719,015 | 2,823,417 | 2,853,729 | 2,968,044 |
Total liabilities | 1,763,656 | 1,841,538 | 1,873,555 | 1,910,999 |
Total equity | 955,359 | 981,879 | 980,174 | 1,057,045 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 357,357 | 365,180 | 315,554 | 256,193 |
Total operating costs | 287,652 | 272,687 | 348,591 | 289,468 |
Operating result | 69,705 | 92,493 | -33,037 | -33,275 |
Financial income/costs | -98,365 | -96,535 | -69,723 | -29,566 |
Profit before tax | -28,660 | -4,042 | -102,760 | -62,841 |
Total tax & extraordinary income/cost | -2,140 | -5,746 | -25,889 | -15,351 |
Annual Total Result | -26,520 | 1,704 | -76,871 | -47,490 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,253,595 | 2,368,595 | 2,483,595 | 2,598,595 |
Total current assets | 465,420 | 454,822 | 370,134 | 369,449 |
Total assets | 2,719,015 | 2,823,417 | 2,853,729 | 2,968,044 |
Short term debt | 61,968 | 66,060 | 51,736 | 48,294 |
Long term debt | 1,701,688 | 1,775,478 | 1,821,819 | 1,862,705 |
Total liabilities | 1,763,656 | 1,841,538 | 1,873,555 | 1,910,999 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 855,359 | 881,879 | 880,174 | 957,045 |
Total equity | 955,359 | 981,879 | 980,174 | 1,057,045 |
Total equity and liabilities | 2,719,015 | 2,823,417 | 2,853,729 | 2,968,044 |
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