FRØYSTAD FINNSNES AS • 925447986 • Finnsnes • Wholesale trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

FRØYSTAD FINNSNES AS

Organization

CEO: RA
Roy Arnfinn Olsen1962
Chairman of the board: GJ
Geir Johan Bakke1964
Years since formation: 5 years; since Aug 11, 2020
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 5,000; 1 share class
Total number of shareholders: 2; 1 company, 1 person
Belongs to group of

Financials

Total operating income 2023: 10,757,419; NOK
Annual total result 2023: 210,486; NOK
Total equity 2023: 667,703; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
RA Roy Arnfinn Olsen 1962	Managing Director/CEO	20 % directly

Board

Name	Role	Shares
GJ Geir Johan Bakke 1964	Chairman	56 % indirectly
HF Hallgeir Frøystadvåg 1963	Board Member	20 % indirectly
HL He Li 1989	Board Member	4 % indirectly
KR Kristian Remøy-Bakke 2000	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
GJ Geir Johan Bakke 1964	Chairman	56 % indirectly
HF Hallgeir Frøystadvåg 1963	Board Member	20 % indirectly
RA Roy Arnfinn Olsen 1962	Managing Director/CEO	20 % directly
HL He Li 1989	Board Member	4 % indirectly

Last update: Oct 29, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
F FRØYSTAD GROUP AS	Ordinary shares	4,000	80 %
RA Roy Arnfinn Olsen 1962	Ordinary shares	1,000	20 %

Last update: May 24, 2024

Group structure

REMBAKK AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -67,420
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	10,757,419	12,278,348	4,815,380
Annual Total Result	210,486	1,741,372	-1,437,392
Total assets	12,784,480	14,731,088	9,305,374
Total liabilities	12,116,777	14,273,871	10,589,529
Total equity	667,703	457,217	-1,284,155

P&L

Year	2023	2022	2021
Total operating income	10,757,419	12,278,348	4,815,380
Total operating costs	10,060,679	10,260,397	6,180,276
Operating result	696,741	2,017,952	-1,364,896
Financial income/costs	-438,954	-276,580	-72,496
Profit before tax	257,787	1,741,372	-1,437,392
Total tax & extraordinary income/cost	47,301	0	0
Annual Total Result	210,486	1,741,372	-1,437,392

Balance overview

Year	2023	2022	2021
Total fixed assets	1,263,700	1,700,600	2,130,500
Total current assets	11,520,780	13,030,488	7,174,874
Total assets	12,784,480	14,731,088	9,305,374
Short term debt	12,080,963	14,273,871	10,589,529
Long term debt	35,814	0	0
Total liabilities	12,116,777	14,273,871	10,589,529
Contributed capital	500,000	500,000	500,000
Retained earnings	167,703	-42,783	-1,784,155
Total equity	667,703	457,217	-1,284,155
Total equity and liabilities	12,784,480	14,731,088	9,305,374

Classification

Category

Goods and trade

/ Purchase and sale

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

46.692

Industrial group

Wholesale of shipping equipment and fishing tackle