FÅF1-7 AS
ASDissolvedOrg 921492227Tjuvholmen Allé 3, 0252 OsloDevelopment of building projects· NACE 6812Est. 2018 · 8 years old0 employees
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Overview
FÅF1-7 AS is a Norwegian AS based in Oslo, operating in the Development of building projects sector. Incorporated in 2018, the company has 0 employees and reported revenue of NOK 69.2k in its latest annual filing.
Revenue 2022
0.1M NOK
EBITDA margin
−126,963.8 %
−2325% vs 2021
Net profit 2022
-115.6M NOK
-742% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-493.0 %
Very weakAmong the 10% lowest rated companies in the industry
20182022
Liquidity ratioCurrent assets ÷ Short-term debt
0.2×
Very weakAmong the 20% lowest rated companies in the industry
20182022
Return on assets (ROA)Net profit ÷ Total assets × 100
-689.9 %
Very weakAmong the 10% lowest rated companies in the industry
20182022
EBITDA — year on year
NOK millionsKey figures
Annual report 2022| Revenue | 0.1M NOK | — |
| EBITDA | -87.8M NOK | -2325% |
| Net profit | -115.6M NOK | -742% |
| Total assets | 16.8M NOK | -86% |
| Equity | -82.6M NOK | -350% |
| Employees | 0 | — |
Company information
Legal name
FÅF1-7 AS
Org number
921492227
Legal form
Aksjeselskap
NACE code
Founded
9 September 2018 · 8 years
Share capital
NOK 69,100,850
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Company purpose
Eiendomsutvikling og andre produkter/tjenester som naturlig hører til dette, herunder å delta i andre selskap med lignende virksomhet, og kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak. Selskapet kan også drive med kjøp/drift av fast eiendom.
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Address
Tjuvholmen Allé 3, 0252 Oslo
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Financial development
In its most recent annual report (2022), FÅF1-7 AS reported revenue of NOK 69.2k. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net loss of NOK 115.6m, and the EBITDA margin stood at -126,963.8%.
At the end of 2022, current assets covered short-term debt 0.2 times.
Financials
Revenue
NOK thousandsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 69 | 0 | 0 | 0 | 0 |
| Staff expenses | -0 | -0 | -156 | -0 | -0 |
| EBITDA | -87,848 | -3,622 | -2,485 | -3,979 | -6 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -87,848 | -3,622 | -2,485 | -3,979 | -6 |
| Net financials | -27,795 | -10,120 | -58,849 | 41,258 | 0 |
| Profit before tax | -115,642 | -13,742 | -61,334 | 37,279 | -6 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -115,642 | -13,742 | -61,334 | 37,279 | -6 |
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Balance sheet
NOK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Total assets | 16,762 | 120,358 | 116,239 | 159,221 | 30 |
| Equity | -82,645 | 32,997 | -24,031 | 106,373 | 24 |
| Long-term debt | 50,000 | 50,000 | 36,200 | 36,200 | 0 |
| Short-term debt | 49,408 | 37,361 | 104,070 | 16,647 | 6 |
| Total debt | 99,408 | 87,361 | 140,270 | 52,847 | 6 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20182022
Equity ratio
-493.0 %
Very weakAmong the 10% lowest rated companies in the industry
20182022
Return on equity
—
20182022
Net profit margin
<−999 %
Very weakAmong the 10% lowest rated companies in the industry
20182022
Asset turnover
0.00×
WeakAmong the 40% lowest rated companies in the industry
20182022
Debt / equity
—
20182022
Sector performance
21 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 10% highest 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 weak
Among the 10% 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 assets (ROA)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Very weak
Among the 10% lowest rated companies in the 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.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioVery weak
Among the 20% 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 20% 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 ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
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.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Debt & solvency
Solidity ratioVery weak
Among the 10% 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 ratioVery weak
Among the 10% 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.
Income to debtVery weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 20% 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 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.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
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 weak
Among the 20% 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 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% 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 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-09-09 – 2018-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
AM Chief Executive Officer | Chief Executive Officer | 2019 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
ØA Board of Directors | Board of Directors | 2020 |
AM Chairman | Chairman | 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 50% | 50% | 2020 | |
| Company | 1.62% | 1.62% | 2021 | |
| Individual | 1.13% | 1.13% | 2021 | |
| Company | 48.62% | 48.62% | 2021 | |
| Company | 48.62% | 48.62% | 2021 |
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Company hierarchy
Lerck Management As
FÅF1-7 AS Board network connections
Board members of FÅF1-7 AS also hold positions in 29 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Aleksander Meidell-Hagewick | Chief Executive Officer | 16 companiesMany roles |
| Ørjan Agyeman Lønning | Board of Directors | 13 companiesMany roles |
Frequently asked questions
What is the Org number of FÅF1-7 AS?
FÅF1-7 AS is registered with Brønnøysundsregistrene under Org 921492227.
What is the revenue of FÅF1-7 AS?
FÅF1-7 AS reported revenue of NOK 69.2k in 2022.
Who is the chairman of FÅF1-7 AS?
Aleksander Meidell-Hagewick chairs the board of FÅF1-7 AS, in role since 2020.
Where is FÅF1-7 AS headquartered?
FÅF1-7 AS's registered address is Tjuvholmen Allé 3.