Firda AS

ASDissolved

Org 920049036Gaustadalléen 21, 0349 OsloBedriftsrådgivning og annen administrativ rådgivning· NACE 70220Est. 2017 · 8 years old4 employees

Overview

Firda AS is a Norwegian AS based in Oslo, operating in the Bedriftsrådgivning og annen administrativ rådgivning sector. Incorporated in 2017, the company has 4 employees and reported revenue of NOK 1.7m in its latest annual filing.

Revenue 2019

1.7M NOK

+3034% vs 2018

EBITDA margin

−163.5 %

+28% vs 2018

Net profit 2019

29.5M NOK

-27% vs 2018

Key ratios

See full ratios →

97.8 %

Very strong

Among the 20% highest rated companies in the industry

20172019

29.2×

Very strong

Among the 10% highest rated companies in the industry

20172019

4.8 %

Average

Around the average of companies in the same industry

20172019

EBITDA — year on year

NOK thousands

Key figures

Annual report 2019

Revenue	1.7M NOK	+3034%
EBITDA	-2.7M NOK	+28%
Net profit	29.5M NOK	-27%
Total assets	609.9M NOK	+5%
Equity	596.5M NOK	+3%
Employees	4	—

Financial development

In its most recent annual report (2019), Firda AS reported revenue of NOK 1.7m, an increase of 3034% on the year before. The figures on this page draw on 3 annual filings covering 2017 to 2019. The bottom line showed a net profit of NOK 29.5m, and the EBITDA margin stood at -163.5%.

At the end of 2019, equity financed 97.8% of the balance sheet, and current assets covered short-term debt 29.2 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2019	2018	2017
Revenue	1,670	53	119
Staff expenses	-3,293	-3,122	-2,881
EBITDA	-2,729	-3,801	-3,641
Depreciation & amort.	-0	-0	-0
EBIT	-2,729	-3,801	-3,641
Net financials	33,474	44,060	33,248
Profit before tax	30,745	40,259	29,607
Tax	1,263	-81	6,891
Net profit	29,483	40,340	22,716

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Balance sheet

NOK thousands

Item	2019	2018	2017
Total assets	609,921	583,065	549,103
Equity	596,466	576,984	541,643
Long-term debt	0	0	0
Short-term debt	13,455	6,081	7,459
Total debt	13,455	6,081	7,459

Financial ratios

5-year trend

EBITDA margin

-163.5 %

20172019

Equity ratio

97.8 %

Very strong

Among the 20% highest rated companies in the industry

20172019

Return on equity

4.9 %

Average

Around the average of companies in the same industry

20172019

Net profit margin

>999 %

Very strong

Among the 10% highest rated companies in the industry

20172019

Asset turnover

0.00×

Weak

Among the 40% lowest rated companies in the industry

20172019

Debt / equity

0.02×

Very strong

Among the 10% highest rated companies in the industry

20172019

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginWeak

Among the 30% 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 marginVery weak

Among the 10% lowest 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 strong

Among the 10% highest 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)Average

Around the average of companies in the same industry

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

Return on assets (ROA)Average

Around the average of companies in the same industry

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

Return on net assets (RONA)Average

Around the average of companies in the same 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)Average

Around the average of companies in the same industry

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

Capacity ratioWeak

Among the 40% 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.

Liquidity

Current ratioVery strong

Among the 10% 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 ratioVery strong

Among the 10% 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityStrong

Among the 30% 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 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 ratioVery strong

Among the 20% 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 ratioVery strong

Among the 10% 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 equityVery strong

Among the 10% 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 equityVery strong

Among the 20% 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 30% lowest rated companies in the industry

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

Interest coverageWeak

Among the 40% lowest 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 marginWeak

Among the 30% 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.

Equity to contributed capitalVery strong

Among the 10% highest 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 equityAverage

Around the average of companies in the same industry

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

One-year change in debtVery weak

Among the 20% lowest 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 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Firda AS?

Firda AS is registered with Brønnøysundsregistrene under Org 920049036.

What is the revenue of Firda AS?

Firda AS reported revenue of NOK 1.7m in 2019.

How many employees does Firda AS have?

Firda AS employs 4 people as of the latest annual report.

Where is Firda AS headquartered?

Firda AS's registered address is Gaustadalléen 21.