FRACI AS
Organization
- CEO
- SP
Shiraz Pervez1993
- Chairman of the board
- FP
Fraz Pervez1992
- Years since formation
- 22 years
- since Apr 9, 2003
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 3,500
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2024
- 611,000
- NOK
- Annual total result 2024
- -32,729
- NOK
- Total equity 2024
- 23,745,335
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SP 1993 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
FP 1992 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MA | - | 100 % directly |
Last update: Feb 28, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MA | Ordinary shares | 3,500 | 100 % |
Shares owned by the FRACI AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % | |
| Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 611,000Operating profit 2024: NOK 183,536Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 611,000 | 266,146 | 5,117,373 | 1,811,658 |
Annual Total Result | -32,729 | 616,697 | 1,621,477 | 1,555,028 |
Total assets | 23,763,087 | 24,141,032 | 24,085,830 | 22,965,091 |
Total liabilities | 17,752 | 362,967 | 901,062 | 1,258,334 |
Total equity | 23,745,335 | 23,778,065 | 23,184,768 | 21,706,757 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 611,000 | 266,146 | 5,117,373 | 1,811,658 |
Total operating costs | 427,465 | 1,138,404 | 3,038,014 | 820,991 |
Operating result | 183,536 | -872,258 | 2,079,359 | 990,667 |
Financial income/costs | -225,497 | 1,662,895 | -937 | 1,005,423 |
Profit before tax | -41,961 | 790,637 | 2,078,422 | 1,996,090 |
Total tax & extraordinary income/cost | -9,232 | 173,940 | 456,945 | 441,062 |
Annual Total Result | -32,729 | 616,697 | 1,621,477 | 1,555,028 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,623,834 | 2,480,584 | 2,580,399 | 8,791,507 |
Total current assets | 21,139,253 | 21,660,448 | 21,505,431 | 14,173,584 |
Total assets | 23,763,087 | 24,141,032 | 24,085,830 | 22,965,091 |
Short term debt | 17,825 | 353,808 | 889,208 | 1,258,334 |
Long term debt | -73 | 9,159 | 11,854 | 0 |
Total liabilities | 17,752 | 362,967 | 901,062 | 1,258,334 |
Contributed capital | 350,200 | 350,200 | 350,200 | 350,200 |
Retained earnings | 23,395,135 | 23,427,865 | 22,834,568 | 21,356,557 |
Total equity | 23,745,335 | 23,778,065 | 23,184,768 | 21,706,757 |
Total equity and liabilities | 23,763,087 | 24,141,032 | 24,085,830 | 22,965,090 |
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