Fenomen Drift AS
ASDissolvedOrg 928633713Dokkvegen 8, 3920 PorsgrunnMotion picture, video and television programme production activities· NACE 5911Est. 2022 · 4 years old0 employees
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Overview
Fenomen Drift AS is a Norwegian AS based in Porsgrunn, operating in the Motion picture, video and television programme production activities sector. Incorporated in 2022, the company has 0 employees and reported revenue of NOK 29.4m in its latest annual filing.
Revenue 2024
29.4M NOK
+25% vs 2023
EBITDA margin
0.7 %
+115% vs 2023
Net profit 2024
0.2M NOK
+114% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-12.7 %
WeakAmong the 30% lowest rated companies in the industry
20222024
Liquidity ratioCurrent assets ÷ Short-term debt
0.9×
WeakAmong the 40% lowest rated companies in the industry
20222024
Return on assets (ROA)Net profit ÷ Total assets × 100
2.0 %
AverageAround the average of companies in the same industry
20222024
EBITDA — year on year
NOK thousandsKey figures
Annual report 2024| Revenue | 29.4M NOK | +25% |
| EBITDA | 0.2M NOK | +115% |
| Net profit | 0.2M NOK | +114% |
| Total assets | 9M NOK | +51% |
| Equity | -1.1M NOK | +14% |
| Employees | 0 | — |
Company information
Legal name
FENOMEN DRIFT AS
Org number
928633713
Legal form
Aksjeselskap
Founded
1 January 2022 · 4 years
Share capital
NOK 30,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Utleie av personell og utstyr.
(no translation available)
Address
Dokkvegen 8, 3920 Porsgrunn
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Financial development
In its most recent annual report (2024), Fenomen Drift AS reported revenue of NOK 29.4m, an increase of 25% on the year before. The figures on this page draw on 3 annual filings covering 2022 to 2024. The bottom line showed a net profit of NOK 181.3k, and the EBITDA margin stood at 0.7%.
At the end of 2024, current assets covered short-term debt 0.9 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 29,362 | 23,567 | 15,327 |
| Staff expenses | -25,344 | -20,376 | -13,076 |
| EBITDA | 194 | -1,292 | -63 |
| Depreciation & amort. | -12 | -0 | -0 |
| EBIT | 181 | -1,292 | -63 |
| Net financials | 0 | 1 | 0 |
| Profit before tax | 181 | -1,290 | -62 |
| Tax | -0 | -0 | -0 |
| Net profit | 181 | -1,290 | -62 |
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Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total assets | 9,005 | 5,945 | 3,549 |
| Equity | -1,147 | -1,328 | -38 |
| Long-term debt | 0 | 0 | 0 |
| Short-term debt | 10,152 | 7,274 | 3,587 |
| Total debt | 10,152 | 7,274 | 3,587 |
Financial ratios
5-year trendEBITDA margin
0.7 %
20222024
Equity ratio
-12.7 %
WeakAmong the 30% lowest rated companies in the industry
20222024
Return on equity
—
20222024
Net profit margin
0.6 %
AverageAround the average of companies in the same industry
20222024
Asset turnover
3.26×
Very strongAmong the 20% highest rated companies in the industry
20222024
Debt / equity
—
20222024
Sector performance
20 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of 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.
Operating marginAverage
Around the average of companies in the same 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 marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
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.
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 ratioAverage
Around the average of companies in the same 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 ratioWeak
Among the 40% 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 ratioWeak
Among the 40% 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 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioStrong
Among the 40% highest rated companies in the 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 ratioWeak
Among the 30% 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 30% 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 debtAverage
Around the average of companies in the same 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 coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same 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 turnoverVery strong
Among the 20% highest 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 10% 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 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.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TM Chief Executive Officer | Chief Executive Officer | 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TM Chairman | Chairman | 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 |
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Company hierarchy
Fenomen As
Fenomen Drift AS Board network connections
Board members of Fenomen Drift AS also hold positions in 11 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tom Marius Røsche Kittilsen | Chief Executive Officer | 11 companiesMany roles |
Frequently asked questions
What is the Org number of Fenomen Drift AS?
Fenomen Drift AS is registered with Brønnøysundsregistrene under Org 928633713.
What is the revenue of Fenomen Drift AS?
Fenomen Drift AS reported revenue of NOK 29.4m in 2024.
Who is the CEO of Fenomen Drift AS?
Tom Marius Røsche Kittilsen is the CEO of Fenomen Drift AS.
Who is the chairman of Fenomen Drift AS?
Tom Marius Røsche Kittilsen chairs the board of Fenomen Drift AS.
Where is Fenomen Drift AS headquartered?
Fenomen Drift AS's registered address is Dokkvegen 8.