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F

FRONTLINE MANAGEMENT AS977 503 604

Shipping
Limited company
Bryggegata 3 0250 OSLO, Norge
Transport
/ Shipping
/ 52.229 Other services incidental to water transportation

FRONTLINE MANAGEMENT AS

Keywords

operationlockscanalstugboat operationslighthouse servicepilotage servicemooringvesselsicebreakers

Organization

CEO
LH

Lars Henrik Barstad1970

Chairman of the board
LH

Lars Henrik Barstad1970

Years since formation
28 years
since May 5, 1997
Type
Limited company
VAT registered
Yes
Number of employees
31

Ownership

Number of shares and share classes
5,000
1 share class
Total number of shareholders
1
person

Financials

Total operating income 2024
162,330,338
NOK
Annual total result 2024
8,367,265
NOK
Total equity 2024
92,537,537
NOK
Last update: Jul 18, 2025

Management

Management / administration

NameRoleShares
LH

Lars Henrik Barstad

1970

Managing Director/CEO-

Board

NameRoleShares
LH

Lars Henrik Barstad

1970

Chairman-
IM

Inger Marie Klemp

1963

Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
V
VIEW MARITIME AS
Accountant-
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
FP

Frontline Plc

Ordinary shares
5,000
100 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
162,330,338
248,709,187
178,435,412
141,079,748
Annual Total Result
8,367,265
10,764,092
8,465,163
7,149,873
Total assets
265,261,551
251,595,467
161,237,388
88,345,774
Total liabilities
172,724,014
167,425,195
87,831,206
23,404,757
Total equity
92,537,537
84,170,272
73,406,182
64,941,017

P&L

Year2024202320222021
Total operating income
162,330,338
248,709,187
178,435,412
141,079,748
Total operating costs
151,790,304
235,241,125
167,715,542
131,934,325
Operating result
10,540,035
13,468,062
10,719,870
9,145,424
Financial income/costs
343,383
348,821
108,979
19,181
Profit before tax
10,883,418
13,816,882
10,828,849
9,164,604
Total tax & extraordinary income/cost
2,516,153
3,052,790
2,363,686
2,014,731
Annual Total Result
8,367,265
10,764,092
8,465,163
7,149,873

Balance overview

Year2024202320222021
Total fixed assets
19,847,403
2,470,777
3,466,421
4,432,259
Total current assets
245,414,148
249,124,691
157,770,967
83,913,515
Total assets
265,261,551
251,595,467
161,237,388
88,345,774
Short term debt
171,666,457
164,845,063
75,798,542
17,277,530
Long term debt
1,057,558
2,580,132
12,032,663
6,127,227
Total liabilities
172,724,014
167,425,195
87,831,206
23,404,757
Contributed capital
2,500,000
2,500,000
2,500,000
2,500,000
Retained earnings
90,037,537
81,670,272
70,906,182
62,441,017
Total equity
92,537,537
84,170,272
73,406,182
64,941,017
Total equity and liabilities
265,261,551
251,595,467
161,237,388
88,345,774

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
H
Main industrial area
Transportation and storage
52
Activity
Warehousing and support activities for transportation
52.2
Main industrial group
Support activities for transportation
52.22
Industrial group
Service activities incidental to water transportation
52.229
Industrial group
Other services incidental to water transportation