FINYIELD AS
Organization
- CEO
- CÅ
- Chairman of the board
- FW
Frode Westvold1970
- Years since formation
- 11 years
- since Mar 29, 2014
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 3
- persons
Financials
- Total operating income 2024
- 4,663,541
- NOK
- Annual total result 2024
- -7,357,849
- NOK
- Total equity 2024
- 92,871,063
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
CÅ | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
FW 1970 | Chairman | 79 % directly |
UA | Board Member | 7 % directly |
EA | Board Member | 7 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FW 1970 | Chairman | 79 % directly |
UA | Board Member | 7 % directly |
EA | Board Member | 7 % directly |
Last update: Mar 12, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
FW 1970 | Ordinary shares | 79 | 79 % |
EA | Ordinary shares | 7 | 7 % |
UA | Ordinary shares | 7 | 7 % |
Shares owned by the FINYIELD AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| NO0010593544 | 18,484,799 | 5.1 % | |
| NO0010748866 | 90,300 | 0.59 % | |
| NO0010940513 | 230,700 | 0.52 % | |
| NO0010873052 | 54,595 | 0.45 % | |
| NO0010816473 | 285,552 | 0.39 % | |
| NO0010887565 | 124,190 | 0.28 % | |
| NO0010714785 | 915,000 | 0.28 % | |
| Ordinary shares | 922,879 | 0.22 % | |
| NO0010895568 | 431,511 | 0.22 % | |
| NO0010951577 | 226,145 | 0.18 % | |
| NO0010733454 | 2,804 | 0.15 % | |
| NO0010285190 | 4,802 | 0.09 % | |
| Ordinary shares | 21 | 0.06 % | |
| NO0003998700 | 19,950 | 0.06 % | |
| NO0010014632 | 32,571 | 0.06 % | |
| NO0010856511 | 35,500 | 0.06 % | |
| NO0010852213 | 29,220 | 0.05 % | |
| NO0010820558 | 20,147 | 0.05 % | |
| Ordinary shares | 8,888 | 0.04 % | |
| NO0010917339 | 10,000 | 0.04 % | |
| NO0003055501 | 42,030 | 0.02 % | |
| NO0013107490 | 160,000 | 0.02 % | |
| NO0011002586 | 2,000 | < 0.01 % | |
| NO0010234552 | 1,350 | < 0.01 % | |
| NO0011008971 | 25,000 | < 0.01 % | |
| NO0012885252 | 6,399 | < 0.01 % | |
| NO0010736879 | 25,308 | < 0.01 % | |
| NO0003078107 | 15,000 | < 0.01 % | |
| NO0003041402 | 1,835 | < 0.01 % | |
| NO0010063308 | 55,168 | < 0.01 % | |
| NO0010345853 | 18,767 | < 0.01 % | |
| NO0003043309 | 9,701 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,663,541 | 6,753,208 | 4,932,251 | 124,081,349 |
Annual Total Result | -7,357,849 | 3,159,186 | -55,405,779 | 119,916,034 |
Total assets | 122,345,901 | 129,638,422 | 124,103,802 | 179,290,439 |
Total liabilities | 29,474,838 | 29,409,510 | 12,934,076 | 12,714,934 |
Total equity | 92,871,063 | 100,228,912 | 111,169,727 | 166,575,505 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,663,541 | 6,753,208 | 4,932,251 | 124,081,349 |
Total operating costs | 11,887,229 | 1,980,743 | 60,450,137 | 4,151,261 |
Operating result | -7,223,688 | 4,772,464 | -55,517,887 | 119,930,088 |
Financial income/costs | -287,145 | -155,524 | 112,108 | -14,054 |
Profit before tax | -7,510,833 | 4,616,941 | -55,405,779 | 119,916,034 |
Total tax & extraordinary income/cost | -152,984 | 1,457,755 | 0 | 0 |
Annual Total Result | -7,357,849 | 3,159,186 | -55,405,779 | 119,916,034 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,931,994 | 1,245,514 | 586,953 | 206,476 |
Total current assets | 120,413,907 | 128,392,908 | 123,516,849 | 179,083,963 |
Total assets | 122,345,901 | 129,638,422 | 124,103,802 | 179,290,439 |
Short term debt | 29,474,838 | 29,153,599 | 12,934,076 | 12,714,934 |
Long term debt | 0 | 255,911 | 0 | 0 |
Total liabilities | 29,474,838 | 29,409,510 | 12,934,076 | 12,714,934 |
Contributed capital | 35,286,826 | 35,286,826 | 45,147,163 | 45,147,163 |
Retained earnings | 57,584,237 | 64,942,086 | 66,022,564 | 121,428,342 |
Total equity | 92,871,063 | 100,228,912 | 111,169,727 | 166,575,505 |
Total equity and liabilities | 122,345,901 | 129,638,422 | 124,103,802 | 179,290,439 |
Classification
Type of organization
Limited company