FORMULA AUTOMOBILE NORGE AS
Organization
- CEO
- RF
- Chairman of the board
- JL
Johnny Laursen1964
- Years since formation
- 17 years
- since Jan 17, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 23
Ownership
- Number of shares and share classes
- 745
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 384,569,562
- NOK
- Annual total result 2024
- -13,792,669
- NOK
- Total equity 2024
- 13,020,040
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RF | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JL 1964 | Chairman | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Sep 27, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 745 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 116,667Operating profit 2024: NOK -50,934Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 384,569,562 | 509,360,210 | 455,806,071 | 484,275,861 |
Annual Total Result | -13,792,669 | -683,202 | -12,091,418 | -3,654,692 |
Total assets | 132,049,064 | 127,340,604 | 127,511,213 | 110,524,443 |
Total liabilities | 119,029,025 | 118,078,072 | 117,565,480 | 100,667,292 |
Total equity | 13,020,040 | 9,262,532 | 9,945,733 | 9,857,152 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 384,569,562 | 509,360,210 | 455,806,071 | 484,275,861 |
Total operating costs | 392,925,485 | 512,314,876 | 465,102,054 | 485,546,407 |
Operating result | -8,355,923 | -2,954,666 | -9,295,983 | -1,270,546 |
Financial income/costs | -5,436,746 | -4,658,916 | -2,795,435 | -2,384,146 |
Profit before tax | -13,792,669 | -7,613,582 | -12,091,418 | -3,654,692 |
Total tax & extraordinary income/cost | 0 | -6,930,380 | 0 | 0 |
Annual Total Result | -13,792,669 | -683,202 | -12,091,418 | -3,654,692 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 15,786,145 | 19,061,621 | 14,458,709 | 14,297,966 |
Total current assets | 116,262,919 | 108,278,983 | 113,052,504 | 96,226,477 |
Total assets | 132,049,064 | 127,340,604 | 127,511,213 | 110,524,443 |
Short term debt | 108,575,443 | 98,250,845 | 117,565,480 | 98,881,621 |
Long term debt | 10,453,582 | 19,827,228 | 0 | 1,785,670 |
Total liabilities | 119,029,025 | 118,078,072 | 117,565,480 | 100,667,292 |
Contributed capital | 19,114,677 | 9,262,532 | 13,440,000 | 50,200,000 |
Retained earnings | -6,094,637 | 0 | -3,494,267 | -40,342,848 |
Total equity | 13,020,040 | 9,262,532 | 9,945,733 | 9,857,152 |
Total equity and liabilities | 132,049,064 | 127,340,604 | 127,511,213 | 110,524,443 |
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