FREMO AS • 850977712 • Stavern • Manufacture of machinery and equipment n.e.c.

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Industry and manufacturing

FREMO AS

Keywords

productionelectricfurnacesincineratorsheating unitsheatersheatingsolar heatingsteam heatingoil heatingheat pumpscombustion furnacesstovesash loggers

Organization

CEO: JM
Jens Mathias Nyegaard1987
Chairman of the board: SR
Sverre Ragnvald Nyegaard1952
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 15

Ownership

Number of shares and share classes: 15,000; 1 share class
Total number of shareholders: 6; 3 companies, 3 persons
Belongs to group of

Financials

Total operating income 2023: 39,055,839; NOK
Annual total result 2023: 2,067,083; NOK
Total equity 2023: 20,019,643; NOK

Last update: Jan 15, 2025

Management

Management / administration

Name	Role	Shares
JM Jens Mathias Nyegaard 1987	Managing Director/CEO	10.57 % directly 0.08 % indirectly 10.49 %

Board

Name	Role	Shares
DH Dagny Hill-Jensen 1950	Board Member	23.69 % indirectly
ØB Øyvind Bakken 1953	Board Member	-
JM Jens Mathias Nyegaard 1987	Board Member	10.57 % directly 0.08 % indirectly 10.49 %
HN Hans Nicolai Nyegaard 1989	Board Member	15.74 % indirectly
SR Sverre Ragnvald Nyegaard 1952	Chairman	15.74 % indirectly

Others

Name	Role	Shares
H HENKA REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
DH Dagny Hill-Jensen 1950	Board Member	23.69 % indirectly
BN Birthe-Marie Snørsvald Nyegaard 1956	-	23.69 % indirectly
HN Hans Nicolai Nyegaard 1989	Board Member	15.74 % indirectly
SR Sverre Ragnvald Nyegaard 1952	Chairman	15.74 % indirectly
JM Jens Mathias Nyegaard 1987	Managing Director/CEO, Board Member	10.57 % directly 0.08 % indirectly 10.49 %
CN Cecilie Polacek Nyegaard 1983	-	5.25 % indirectly

Last update: Oct 19, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
G GLIMT STAVERN AS	Ordinary shares	7,868	52.45 %
K KRUT AS	Ordinary shares	3,553	23.69 %
K KVIK STAVERN AS	Ordinary shares	3,553	23.69 %
JM Jens Mathias Nyegaard 1987	Ordinary shares	12	0.08 %
KB Kirsti Lowzow B Bech 1932	Ordinary shares	7	0.05 %
SF Signe Line Flom-Jacobsen 1936	Ordinary shares	7	0.05 %

Shares owned by the FREMO AS

Name	Share class	Number of shares	Share
S SPAREBANK 1 SMN	NO0006390301	24,107	0.02 %
S SPAREBANK 1 SØRØST-NORGE	NO0006000207	31,000	0.02 %
S SPAREBANKEN VEST	NO0006000900	3,406	< 0.01 %
P PGS ASA	NO0010199151	36	< 0.01 %
S SPAREBANK 1 ØSTLANDET	NO0010751910	6,000	< 0.01 %
S SOLSTAD OFFSHORE ASA	NO0003080608	2	< 0.01 %
S SPAREBANK 1 NORD-NORGE	NO0006000801	10,000	< 0.01 %

Last update: May 24, 2024

Group structure

GLIMT STAVERN AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -62,570
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	39,055,839	31,439,703	28,573,174
Annual Total Result	2,067,083	1,933,306	1,963,285
Total assets	27,329,497	25,299,259	22,924,205
Total liabilities	7,309,854	6,846,698	5,904,950
Total equity	20,019,643	18,452,560	17,019,255

P&L

Year	2023	2022	2021
Total operating income	39,055,839	31,439,703	28,573,174
Total operating costs	36,928,044	29,421,052	26,484,548
Operating result	2,127,795	2,018,651	2,088,626
Financial income/costs	724,364	533,245	368,609
Profit before tax	2,852,159	2,551,896	2,457,235
Total tax & extraordinary income/cost	785,076	618,590	493,950
Annual Total Result	2,067,083	1,933,306	1,963,285

Balance overview

Year	2023	2022	2021
Total fixed assets	1,204,485	1,359,897	1,557,789
Total current assets	26,125,012	23,939,362	21,366,416
Total assets	27,329,497	25,299,259	22,924,205
Short term debt	7,309,854	6,846,698	5,904,950
Long term debt	0	0	0
Total liabilities	7,309,854	6,846,698	5,904,950
Contributed capital	1,500,000	1,500,000	1,500,000
Retained earnings	18,519,643	16,952,560	15,519,255
Total equity	20,019,643	18,452,560	17,019,255
Total equity and liabilities	27,329,497	25,299,258	22,924,205

Classification

Category

Industry and manufacturing

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

C

Main industrial area

Manufacturing

28

Activity

Manufacture of machinery and equipment n.e.c.

28.2

Main industrial group

Manufacture of other general-purpose machinery

28.21

Industrial group

Manufacture of ovens, furnaces and furnace burners

28.210

Industrial group

Manufacture of ovens, furnaces and furnace burners