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F

FUNCTION PRODUCTS AS992 845 988

Counseling
Limited company
Fageråsveien 2 5067 BERGEN, Norge
Services
/ Counseling
/ 71.121 Civil engineering activities

FUNCTION PRODUCTS AS

Closed at July 17th, 2025
function leverer funksjonelle løsninger for styringssystem i bolig og næringsbygg med spisskompetanse innen KNX teknologien.

Keywords

engineering servicesproject management servicesdesignplansexecutionstudiesconstruction projects

Links

Organization

CEO
BE

Bjørn Erik Grimstad1982

Chairman of the board
KK

Kjetil Kaldestad1975

Operation time
17 years
- Jun 30, 2008 to Jul 17, 2025
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
1,176
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
78,349,487
NOK
Annual total result 2024
6,244,774
NOK
Total equity 2024
12,809,102
NOK
Last update: Jul 1, 2025

Management

Management / administration

NameRoleShares
BE

Bjørn Erik Grimstad

1982

Managing Director/CEO-

Board

NameRoleShares
KK

Kjetil Kaldestad

1975

Chairman-
SF

Simen Færevaag

1990

Resigned		Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
Last update: Jul 4, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
F
FUNCTION GROUP OLD AS
Ordinary shares
1,176
100 %
Last update: Jun 2, 2025

Group structure

  • AARS AS
    Total operating income 2023: NOK 35,000,000
    Operating profit 2023: NOK -83,000,000
    Employees: 23

Financials

in NOK

Summary

Year202420232022
Total operating income
78,349,487
69,580,258
79,309,171
Annual Total Result
6,244,774
2,527,694
5,441,468
Total assets
23,823,180
20,816,542
24,034,934
Total liabilities
11,014,078
14,252,214
19,635,136
Total equity
12,809,102
6,564,328
4,399,798

P&L

Year202420232022
Total operating income
78,349,487
69,580,258
79,309,171
Total operating costs
70,054,326
65,216,513
71,981,053
Operating result
8,295,161
4,363,745
7,328,118
Financial income/costs
-292,785
-1,136,631
-307,075
Profit before tax
8,002,376
3,227,114
7,021,043
Total tax & extraordinary income/cost
1,757,602
699,420
1,579,575
Annual Total Result
6,244,774
2,527,694
5,441,468

Balance overview

Year202420232022
Total fixed assets
2,707,993
1,331,832
370,540
Total current assets
21,115,187
19,484,710
23,664,394
Total assets
23,823,180
20,816,542
24,034,934
Short term debt
11,014,078
14,252,214
19,635,136
Long term debt
0
0
0
Total liabilities
11,014,078
14,252,214
19,635,136
Contributed capital
529,200
529,200
529,200
Retained earnings
12,279,902
6,035,128
3,870,598
Total equity
12,809,102
6,564,328
4,399,798
Total equity and liabilities
23,823,180
20,816,542
24,034,934

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
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.121
Industrial group
Civil engineering activities