Fronta AS
ASActiveOrg 897768232Borggata 11, 5417 StordConstruction of residential and non-residential buildings· NACE 4100Est. 2011 · 14 years old0 employees
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Overview
Fronta AS is a Norwegian AS based in Stord, operating in the Construction of residential and non-residential buildings sector. Incorporated in 2011, the company has 0 employees and reported revenue of NOK 232.3m in its latest annual filing.
Revenue 2024
232.3M NOK
+89% vs 2023
EBITDA margin
13.0 %
+55% vs 2023
Net profit 2024
-36.7M NOK
-638% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
18.6 %
WeakAmong the 40% lowest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
0.2×
Very weakAmong the 10% lowest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
-16.8 %
Very weakAmong the 20% lowest rated companies in the industry
20202024
EBITDA — year on year
NOK millionsKey figures
Annual report 2024| Revenue | 232.3M NOK | +89% |
| EBITDA | 30.3M NOK | +55% |
| Net profit | -36.7M NOK | -638% |
| Total assets | 218.8M NOK | -12% |
| Equity | 40.6M NOK | -47% |
| Employees | 0 | — |
Company information
Legal name
FRONTA AS
Org number
897768232
Legal form
Aksjeselskap
NACE code
Founded
30 November 2011 · 14 years
Share capital
NOK 90,000,100
Employees
0 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Oppføring, kjøp, salg, eie, drift og utleie av fast eiendom, del og -totalentrepriser næringsbygg, utleie av arbeidskraft, regnskapsføring og andre tjenester for nærstående og samarbeidende selskap, investeringsvirksomhet, herunder kjøp og salg av aksjer, samt annen virksomhet som naturlig står i forbindelse med de øvrige formål.
(no translation available)
Address
Borggata 11, 5417 Stord
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Financial development
In its most recent annual report (2024), Fronta AS reported revenue of NOK 232.3m, an increase of 89% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of NOK 36.7m, and the EBITDA margin stood at 13%.
At the end of 2024, equity financed 18.6% of the balance sheet, and current assets covered short-term debt 0.2 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 232,347 | 123,060 | 139,489 | 184,756 | 61,846 |
| Staff expenses | -17 | -20,183 | -19,488 | -15,179 | -12,674 |
| EBITDA | 30,306 | 19,517 | -20,682 | -5,175 | -13,425 |
| Depreciation & amort. | -764 | -1,037 | -992 | -557 | -533 |
| EBIT | 29,542 | 18,480 | -21,674 | -5,732 | -13,958 |
| Net financials | -60,998 | -11,661 | -21,265 | -5,253 | -7,219 |
| Profit before tax | -31,456 | 6,819 | -42,939 | -10,985 | -21,177 |
| Tax | 5,250 | -0 | -1,548 | -2,190 | -3,823 |
| Net profit | -36,706 | 6,819 | -41,391 | -8,795 | -17,354 |
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Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 218,835 | 249,462 | 230,546 | 234,936 | 252,937 |
| Equity | 40,609 | 77,315 | 70,497 | 111,887 | 120,603 |
| Long-term debt | 93,833 | 99,400 | 109,382 | 57,984 | 64,921 |
| Short-term debt | 84,392 | 72,747 | 50,667 | 65,064 | 67,413 |
| Total debt | 178,225 | 172,147 | 160,049 | 123,048 | 132,334 |
Financial ratios
5-year trendEBITDA margin
13.0 %
20202024
Equity ratio
18.6 %
WeakAmong the 40% lowest rated companies in the industry
20202024
Return on equity
-90.4 %
Very weakAmong the 10% lowest rated companies in the industry
20202024
Net profit margin
-15.8 %
Very weakAmong the 20% lowest rated companies in the industry
20202024
Asset turnover
1.06×
WeakAmong the 40% lowest rated companies in the industry
20202024
Debt / equity
4.39×
Very weakAmong the 20% lowest rated companies in the industry
20202024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% lowest rated companies in the industry
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 marginStrong
Among the 30% highest rated companies in the industry
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 marginVery weak
Among the 20% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 10% lowest 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)Very weak
Among the 20% lowest 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)Very weak
Among the 10% lowest 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 30% 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 strong
Among the 10% highest 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.
Liquidity
Current ratioVery weak
Among the 10% lowest 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 ratioVery weak
Among the 10% lowest 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 ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 20% 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 capitalVery weak
Among the 20% lowest rated companies in the 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 ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest 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 ratioWeak
Among the 40% lowest 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 equityVery weak
Among the 20% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest 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 weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same 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 20% 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 turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
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.
Equity to contributed capitalWeak
Among the 30% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal ownersNo shareholder data available.
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Company hierarchy
Ka Eiendomsinvest As25%
Ka Finans As100%
Fronta AS (this company)Osen 8 AS25% ownedStord Eiendom AS50% ownedPrestegarden Eiendomsutvikling AS67% ownedIndreholmen Eiendom AS20% ownedHornelandsvegen 154 AS33% ownedKoløyholmen AS50% ownedFrequently asked questions
What is the Org number of Fronta AS?
Fronta AS is registered with Brønnøysundsregistrene under Org 897768232.
What is the revenue of Fronta AS?
Fronta AS reported revenue of NOK 232.3m in 2024.
Where is Fronta AS headquartered?
Fronta AS's registered address is Borggata 11.