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F

FORMULA AUTOMOBILE NORGE AS992 154 101

Purchase and sale
Limited company
Billingstadsletta 83 1396 BILLINGSTAD, Norge
Goods and trade
/ Purchase and sale
/ 45.112 Retail sale of cars and light motor vehicles, except motorcycles

FORMULA AUTOMOBILE NORGE AS

Keywords

supporters

Organization

CEO
RF

Rune Fredrik Brath1973

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: Jul 14, 2025

Management

Management / administration

NameRoleShares
RF

Rune Fredrik Brath

1973

Managing Director/CEO-

Board

NameRoleShares
JL

Johnny Laursen

1964

Chairman-
JS

Jesper Schak Viskum Andersen

1981

Board Member-

Others

NameRoleShares
N
NORDISK REVISJON AS
Auditor-
Last update: Sep 27, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
F
FORMULA LEASING AS
Ordinary shares
745
100 %
Last update: Jun 2, 2025

Group structure

  • FORMULA LEASING AS
    Total operating income 2024: NOK 116,667
    Operating profit 2024: NOK -50,934
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
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

Year2024202320222021
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

Year2024202320222021
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

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
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
45
Activity
Wholesale and retail trade and repair of motor vehicles and motorcycles
45.1
Main industrial group
Sale of motor vehicles
45.11
Industrial group
Sale of cars and light motor vehicles
45.112
Industrial group
Retail sale of cars and light motor vehicles, except motorcycles