FROLAND VERK AS
Keywords
round timberwood-basedindustrymining timberfence postspostsfirewoodcharcoallogswood chips
Organization
- CEO
- GR
Gisle Rike1953
- Chairman of the board
- LE
- 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
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 566,762
- NOK
- Annual total result 2024
- 140,772
- NOK
- Total equity 2024
- 13,763,073
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GR 1953 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LE | Chairman | - |
GR 1953 | Board Member | - |
RS 1962 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
CR | - | 10.86 % indirectly |
DR 1968 | - | 10.26 % indirectly |
RR | - | 9.26 % indirectly |
| - | 4.92 % indirectly | |
| - | 1.97 % indirectly | |
| - | 1.93 % indirectly |
Last update: Oct 30, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK -1,868,255,041Operating profit 2024: NOK -1,873,252,648Employees: 5
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 566,762 | 887,505 | 2,317,837 | 512,551 |
Annual Total Result | 140,772 | 163,875 | 878,740 | 79,656 |
Total assets | 13,843,974 | 13,776,918 | 13,648,286 | 12,671,470 |
Total liabilities | 80,901 | 154,617 | 189,861 | 91,784 |
Total equity | 13,763,073 | 13,622,300 | 13,458,425 | 12,579,685 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 566,762 | 887,505 | 2,317,837 | 512,551 |
Total operating costs | 547,893 | 736,102 | 1,211,790 | 434,967 |
Operating result | 18,868 | 151,403 | 1,106,047 | 77,584 |
Financial income/costs | 161,667 | 58,990 | 20,839 | 24,778 |
Profit before tax | 180,535 | 210,392 | 1,126,887 | 102,362 |
Total tax & extraordinary income/cost | 39,763 | 46,517 | 248,147 | 22,706 |
Annual Total Result | 140,772 | 163,875 | 878,740 | 79,656 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 11,453,142 | 11,572,496 | 11,696,871 | 11,989,812 |
Total current assets | 2,390,831 | 2,204,421 | 1,951,415 | 681,657 |
Total assets | 13,843,974 | 13,776,918 | 13,648,286 | 12,671,470 |
Short term debt | 80,901 | 154,617 | 189,861 | 91,784 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 80,901 | 154,617 | 189,861 | 91,784 |
Contributed capital | 12,500,029 | 12,500,029 | 12,500,029 | 12,500,029 |
Retained earnings | 1,263,043 | 1,122,271 | 958,396 | 79,656 |
Total equity | 13,763,073 | 13,622,300 | 13,458,425 | 12,579,685 |
Total equity and liabilities | 13,843,974 | 13,776,918 | 13,648,286 | 12,671,470 |
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
A
Main industrial area
Agriculture, forestry and fishing
02
Activity
Forestry and logging
02.2
Main industrial group
Logging
02.20
Industrial group
Logging
02.200
Industrial group
Logging