FAVUSEAL AS
FAVUSEAL Fire Protection Solutions
Favuseal provides Smart slim-building solutions. Get advanced fire protection products for use on steel piping, steel objects, GRE piping and more. Discover more now.
Keywords
machinesequipmentschoolshotelscinema operation
Organization
- CEO
- Chairman of the board
- Years since formation
- 20 years
- since Dec 29, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100,000
- 1 share class
- Total number of shareholders
- 3
- 2 companies, 1 person
- Belongs to group of
Financials
- Total operating income 2023
- 2,709,949
- NOK
- Annual total result 2023
- 76,154
- NOK
- Total equity 2023
- 4,226,379
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 71.25 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | 71.25 % indirectly | |
MJ 1974 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO, Chairman | 71.25 % indirectly | |
AJ 1964 | - | 23.75 % indirectly |
HS 1963 | - | 5 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 71,250 | 71.25 % | |
| Ordinary shares | 23,750 | 23.75 % | |
HS 1963 | Ordinary shares | 5,000 | 5 % |
Shares owned by the FAVUSEAL AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 1,200,000 | 100 % | |
| NO0012450008 | 10,701,720 | 0.44 % | |
| NO0010921232 | 151,168 | 0.02 % | |
| NO0010317340 | 50,000 | < 0.01 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK 2,718Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 2,709,949 | 3,481,217 | 10,478,996 |
Annual Total Result | 76,154 | -10,752,568 | 16,351,373 |
Total assets | 19,783,778 | 30,569,299 | 43,438,640 |
Total liabilities | 15,557,399 | 16,419,074 | 18,535,847 |
Total equity | 4,226,379 | 14,150,225 | 24,902,792 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 2,709,949 | 3,481,217 | 10,478,996 |
Total operating costs | 4,014,509 | 4,207,493 | 8,567,140 |
Operating result | -1,304,560 | -726,276 | 1,911,856 |
Financial income/costs | 1,416,176 | -10,003,573 | 14,822,766 |
Profit before tax | 111,615 | -10,729,850 | 16,734,622 |
Total tax & extraordinary income/cost | 35,461 | 22,718 | 383,249 |
Annual Total Result | 76,154 | -10,752,568 | 16,351,373 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 3,886,405 | 3,091,236 | 2,314,164 |
Total current assets | 15,897,373 | 27,478,063 | 41,124,476 |
Total assets | 19,783,778 | 30,569,299 | 43,438,640 |
Short term debt | 15,557,399 | 16,419,074 | 18,535,847 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 15,557,399 | 16,419,074 | 18,535,847 |
Contributed capital | 100,800 | 100,800 | 100,800 |
Retained earnings | 4,125,579 | 14,049,425 | 24,801,992 |
Total equity | 4,226,379 | 14,150,225 | 24,902,792 |
Total equity and liabilities | 19,783,778 | 30,569,299 | 43,438,640 |
Classification
Category
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
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
46
Activity
Wholesale trade, except of motor vehicles and motorcycles
46.6
Main industrial group
Wholesale of machinery, equipment and supplies
46.69
Industrial group
Wholesale of other machinery and equipment
46.694
Industrial group
Wholesale of machinery and equipment for trade, transport and services n.e.c.