FARSTAD GROUP AS
Organization
- CEO
- AF
- Chairman of the board
- HO
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 120
- 1 share class
- Total number of shareholders
- 3
- persons
Financials
- Total operating income 2023
- 4,700,000
- NOK
- Annual total result 2023
- 6,114,612
- NOK
- Total equity 2023
- 25,008,092
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AF | Managing Director/CEO | 62.5 % directly |
Board
| Name | Role | Shares |
|---|---|---|
HO | Chairman | 25 % directly |
AF | Board Member | 62.5 % directly |
BF 1977 | Board Member | 12.5 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AF | Managing Director/CEO, Board Member | 62.5 % directly |
HO | Chairman | 25 % directly |
BF 1977 | Board Member | 12.5 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AF | Ordinary shares | 75 | 62.5 % |
HO | Ordinary shares | 30 | 25 % |
BF 1977 | Ordinary shares | 15 | 12.5 % |
Shares owned by the FARSTAD GROUP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 12,278 | 43.59 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 4,700,000 | 902,153 | 1,106,834 |
Annual Total Result | 6,114,612 | 4,206,236 | 4,485,573 |
Total assets | 37,127,059 | 26,165,393 | 27,426,057 |
Total liabilities | 12,118,967 | 7,271,914 | 12,738,814 |
Total equity | 25,008,092 | 18,893,479 | 14,687,243 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 4,700,000 | 902,153 | 1,106,834 |
Total operating costs | 4,889,289 | 366,010 | 1,117,440 |
Operating result | -189,289 | 536,143 | -10,606 |
Financial income/costs | 6,303,902 | 3,670,093 | 4,496,179 |
Profit before tax | 6,114,612 | 4,206,236 | 4,485,573 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | 6,114,612 | 4,206,236 | 4,485,573 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 37,109,173 | 24,713,009 | 27,384,211 |
Total current assets | 17,886 | 1,452,384 | 41,846 |
Total assets | 37,127,059 | 26,165,393 | 27,426,057 |
Short term debt | 150,222 | 228,781 | 341,925 |
Long term debt | 11,968,746 | 7,043,133 | 12,396,889 |
Total liabilities | 12,118,967 | 7,271,914 | 12,738,814 |
Contributed capital | 3,100,000 | 3,100,000 | 3,100,000 |
Retained earnings | 21,908,092 | 15,793,479 | 11,587,243 |
Total equity | 25,008,092 | 18,893,479 | 14,687,243 |
Total equity and liabilities | 37,127,059 | 26,165,393 | 27,426,057 |
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