FROST INNOVATION AS
Organization
- CEO
- MF
- Chairman of the board
- MF
- Years since formation
- 13 years
- since Feb 28, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 3
- persons
Financials
- Annual total result 2024
- -139,808
- NOK
- Total equity 2024
- 140,275
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MF | Managing Director/CEO | 90 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MF | Chairman | 90 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MF | Managing Director/CEO, Chairman | 90 % directly |
MR | - | 5 % directly |
EF | - | 5 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MF | Ordinary shares | 27,000 | 90 % |
EF | Ordinary shares | 1,500 | 5 % |
MR | Ordinary shares | 1,500 | 5 % |
Shares owned by the FROST INNOVATION AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50,000 | 40 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Annual Total Result | -139,808 | -216,888 | -300,283 |
Total assets | 156,306 | 292,496 | 496,971 |
Total liabilities | 16,032 | 12,413 | 254,477 |
Total equity | 140,275 | 280,083 | 242,494 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Total operating costs | 140,259 | 217,501 | 300,192 |
Operating result | -140,259 | -217,501 | -300,192 |
Financial income/costs | 451 | 613 | -91 |
Profit before tax | -139,808 | -216,888 | -300,283 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -139,808 | -216,888 | -300,283 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 102,605 | 163,605 | 132,082 |
Total current assets | 53,701 | 128,891 | 364,889 |
Total assets | 156,306 | 292,496 | 496,971 |
Short term debt | 16,032 | 12,413 | 254,477 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 16,032 | 12,413 | 254,477 |
Contributed capital | 496,971 | 496,971 | 359,248 |
Retained earnings | -356,696 | -216,888 | -116,754 |
Total equity | 140,275 | 280,083 | 242,494 |
Total equity and liabilities | 156,307 | 292,496 | 496,971 |
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