Face AS is a Norwegian AS based in Fredrikstad, operating in the All other professional, scientific and technical activities n.e.c. sector. Incorporated in 2015, the company has 0 employees and reported revenue of NOK 400.6k in its latest annual filing.
| Revenue | 0.4M NOK | -41% |
| EBITDA | 0M NOK | +138% |
| Net profit | -0M NOK | +37% |
| Total assets | 0.4M NOK | +7% |
| Equity | -1.4M NOK | -2% |
| Employees | 0 | — |
In its most recent annual report (2025), Face AS reported revenue of NOK 400.6k, a decrease of 41% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 29.4k, and the EBITDA margin stood at 4.4%.
At the end of 2025, current assets covered short-term debt 1.3 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 401 | 684 | 717 | 221 | 290 |
| Staff expenses | -159 | -295 | -270 | -55 | -64 |
| EBITDA | 18 | -47 | 95 | 26 | 82 |
| Depreciation & amort. | -0 | -0 | -31 | -92 | -92 |
| EBIT | 18 | -47 | 65 | -66 | -11 |
| Net financials | -47 | 0 | -0 | -0 | -0 |
| Profit before tax | -29 | -47 | 65 | -66 | -11 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -29 | -47 | 65 | -66 | -11 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 437 | 409 | 322 | 222 | 338 |
| Equity | -1,373 | -1,343 | -1,296 | -1,361 | -1,295 |
| Long-term debt | 1,539 | 1,539 | 1,539 | 1,539 | 1,548 |
| Short-term debt | 271 | 214 | 79 | 44 | 85 |
| Total debt | 1,810 | 1,753 | 1,618 | 1,583 | 1,633 |
28 financial ratios from the latest filing, each graded against companies in the same 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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 flow relative to profit — the ability to convert reported profits into accessible cash.
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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
KH Chief Executive Officer | Chief Executive Officer | 2020 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
KH Chairman | Chairman | 2020 |
JL Board of Directors | Board of Directors | 2020 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 50% | 50% | 2020 | |
| Company | 50% | 50% | 2020 |
| Person | Role here | Other companies |
|---|---|---|
| Johnny Leergaard Gravfort | Board of Directors | 8 companiesMany roles |
| Ketil Harvey | Chief Executive Officer | 3 companies |