Frurokk AS

ASDissolved

Org 928654583Auglendhagen 2, 4018 StavangerEngineering activities and related technical consultancy· NACE 7112Est. 2022 · 4 years old0 employees

Overview

Frurokk AS is a Norwegian AS based in Stavanger, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2022, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.

Revenue 2024

0K NOK

EBITDA margin

—

Net profit 2024

40.9K NOK

-73% vs 2023

Key ratios

See full ratios →

95.0 %

Very strong

Among the 20% highest rated companies in the industry

20222024

19.9×

Very strong

Among the 20% highest rated companies in the industry

20222024

14.5 %

Strong

Among the 40% highest rated companies in the industry

20222024

EBITDA — year on year

NOK thousands

Key figures

Annual report 2024

Revenue	0K NOK	—
EBITDA	-13.7K NOK	-110%
Net profit	40.9K NOK	-73%
Total assets	282.1K NOK	-54%
Equity	267.9K NOK	+18%
Employees	0	—

Financial development

In its most recent annual report (2024), Frurokk AS reported revenue of NOK 0, a decrease of 100% 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 40.9k.

At the end of 2024, equity financed 95% of the balance sheet, and current assets covered short-term debt 19.9 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2024	2023	2022
Revenue	0	509	1,327
Staff expenses	-0	-326	-1,258
EBITDA	-14	134	26
Depreciation & amort.	-0	-0	-0
EBIT	-14	134	26
Net financials	55	59	38
Profit before tax	41	194	64
Tax	-0	43	13
Net profit	41	151	51

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Balance sheet

NOK thousands

Item	2024	2023	2022
Total assets	282	617	1,346
Equity	268	227	76
Long-term debt	0	0	0
Short-term debt	14	390	1,270
Total debt	14	390	1,270

Financial ratios

5-year trend

EBITDA margin

<−999 %

20222024

Equity ratio

95.0 %

Very strong

Among the 20% highest rated companies in the industry

20222024

Return on equity

15.3 %

Average

Around the average of companies in the same industry

20222024

Net profit margin

>999 %

20222024

Asset turnover

0.00×

Very weak

Among the 10% lowest rated companies in the industry

20222024

Debt / equity

0.05×

Very strong

Among the 20% highest rated companies in the industry

20222024

Sector performance

24 of 28 ratios graded

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

Profitability

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)Strong

Among the 40% highest 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)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)Weak

Among the 30% 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 ratioVery weak

Among the 10% 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.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 20% 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 20% 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 ratioVery strong

Among the 10% highest rated companies in the industry

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

Current assets to equityAverage

Around the average of companies in the same 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 strong

Among the 10% highest 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 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 20% 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 20% 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 equityStrong

Among the 30% 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 debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest coverageWeak

Among the 30% lowest 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 marginStrong

Among the 40% highest 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 turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 40% highest rated companies in the industry

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

One-year change in debtVery strong

Among the 10% highest 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 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-05 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
JR Jørn Rokk Deputy Member	Deputy Member	2022

Former (1)


BH Brita Holstad Chief Executive Officer	Chief Executive Officer	2022 – 2025

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
BH Brita Holstad Chairman	Chairman	2022

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Frurokk AS also hold positions in 24 other companies.

Person	Role here	Other companies
Brita Holstad	Chief Executive Officer	13 companiesMany roles
Jørn Rokk	Deputy Member	11 companiesMany roles

Frequently asked questions

What is the Org number of Frurokk AS?

Frurokk AS is registered with Brønnøysundsregistrene under Org 928654583.

Who is the chairman of Frurokk AS?

Brita Holstad chairs the board of Frurokk AS.

Where is Frurokk AS headquartered?

Frurokk AS's registered address is Auglendhagen 2.