Fann AS

ASActive

Org 818953852Kirkegata 36A, 7014 TrondheimActivities of trust, estate and agency accounts· NACE 6432Est. 2017 · 9 years old0 employees

Overview

Fann AS is a Norwegian AS based in Trondheim, operating in the Activities of trust, estate and agency accounts sector. Incorporated in 2017, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.

Revenue 2025

0M NOK

EBITDA margin

—

Net profit 2025

0.2M NOK

+248% vs 2024

Key ratios

See full ratios →

99.4 %

Strong

Among the 40% highest rated companies in the industry

20212025

72.3×

Strong

Among the 40% highest rated companies in the industry

20212025

11.8 %

Strong

Among the 40% highest rated companies in the industry

20212025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	0M NOK	—
EBITDA	-0M NOK	-115%
Net profit	0.2M NOK	+248%
Total assets	1.5M NOK	+16%
Equity	1.5M NOK	+17%
Employees	0	—

Financial development

In its most recent annual report (2025), Fann AS reported revenue of NOK 0, a decrease of 100% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 181.9k.

At the end of 2025, equity financed 99.4% of the balance sheet, and current assets covered short-term debt 72.3 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023	2022	2021
Revenue	0	22	0	0	0
Staff expenses	-0	-0	-0	-0	-0
EBITDA	-3	20	-25	0	0
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-3	20	-25	0	0
Net financials	194	37	760	114	0
Profit before tax	191	57	734	114	0
Tax	9	4	1	-0	-0
Net profit	182	52	734	114	0

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

NOK thousands

Item	2025	2024	2023	2022	2021
Total assets	1,538	1,331	1,274	539	426
Equity	1,529	1,310	1,258	524	411
Long-term debt	0	0	0	15	15
Short-term debt	9	21	16	0	0
Total debt	9	21	16	15	15

Financial ratios

5-year trend

EBITDA margin

<−999 %

20212025

Equity ratio

99.4 %

Strong

Among the 40% highest rated companies in the industry

20212025

Return on equity

11.9 %

Strong

Among the 40% highest rated companies in the industry

20212025

Net profit margin

>999 %

20212025

Asset turnover

0.00×

Very weak

Among the 10% lowest rated companies in the industry

20212025

Debt / equity

0.01×

Strong

Among the 30% highest rated companies in the industry

20212025

Sector performance

24 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 40% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 10% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 30% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 30% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 40% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 30% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 10% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
RF Rasmus Fannemel Chairman	Chairman	2017

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Fann AS also hold positions in 62 other companies.

Person	Role here	Other companies
Rasmus Fannemel	Chairman	62 companiesMany roles

Frequently asked questions

What is the Org number of Fann AS?

Fann AS is registered with Brønnøysundsregistrene under Org 818953852.

Who is the chairman of Fann AS?

Rasmus Fannemel chairs the board of Fann AS.

Where is Fann AS headquartered?

Fann AS's registered address is Kirkegata 36A.