FVS Entreprenør AS
ASBankruptOrg 928858030Industrigata 15, 7130 BrekstadConstruction of residential and non-residential buildings· NACE 4100Est. 2022 · 4 years old0 employeeshttps://www.fvs-as.no
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Overview
FVS Entreprenør AS is a Norwegian AS based in Brekstad, operating in the Construction of residential and non-residential buildings sector. Incorporated in 2022, the company has 0 employees and reported revenue of NOK 65.3m in its latest annual filing.
Revenue 2024
65.3M NOK
+53% vs 2023
EBITDA margin
2.9 %
+69% vs 2023
Net profit 2024
0.4M NOK
+500% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
12.1 %
WeakAmong the 30% lowest rated companies in the industry
20222024
Liquidity ratioCurrent assets ÷ Short-term debt
1.3×
AverageAround the average of companies in the same industry
20222024
Return on assets (ROA)Net profit ÷ Total assets × 100
1.7 %
AverageAround the average of companies in the same industry
20222024
EBITDA — year on year
NOK thousandsKey figures
Annual report 2024| Revenue | 65.3M NOK | +53% |
| EBITDA | 1.9M NOK | +69% |
| Net profit | 0.4M NOK | +500% |
| Total assets | 25.4M NOK | +21% |
| Equity | 3.1M NOK | +30% |
| Employees | 0 | — |
Company information
Legal name
FVS ENTREPRENØR AS
Org number
928858030
Legal form
Aksjeselskap
NACE code
Founded
9 February 2022 · 4 years
Share capital
NOK 2,060,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Oppføring og vedlikehold av bygg, samt det som naturlig hører inn under dette. Selskapet kan drive med kjøp og salg av aksjer, samt andre investeringer.
(no translation available)
Contact
Address
Industrigata 15, 7130 Brekstad
Phone
+47 40 07 78 06
Email
post@fvs-as.no
Website
https://www.fvs-as.no
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Financial development
In its most recent annual report (2024), FVS Entreprenør AS reported revenue of NOK 65.3m, an increase of 53% 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 442.3k, and the EBITDA margin stood at 2.9%.
At the end of 2024, equity financed 12.1% of the balance sheet, and current assets covered short-term debt 1.3 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 65,344 | 42,569 | 34,234 |
| Staff expenses | -13,780 | -10,382 | -8,198 |
| EBITDA | 1,923 | 1,137 | 1,005 |
| Depreciation & amort. | -574 | -347 | -288 |
| EBIT | 1,350 | 790 | 717 |
| Net financials | -775 | -676 | -449 |
| Profit before tax | 575 | 114 | 268 |
| Tax | 132 | 41 | 14 |
| Net profit | 442 | 74 | 254 |
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Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total assets | 25,391 | 20,954 | 27,046 |
| Equity | 3,084 | 2,376 | 1,302 |
| Long-term debt | 6,007 | 9,231 | 9,996 |
| Short-term debt | 16,300 | 9,347 | 15,748 |
| Total debt | 22,307 | 18,578 | 25,744 |
Financial ratios
5-year trendEBITDA margin
2.9 %
20222024
Equity ratio
12.1 %
WeakAmong the 30% lowest rated companies in the industry
20222024
Return on equity
14.3 %
AverageAround the average of companies in the same industry
20222024
Net profit margin
0.7 %
WeakAmong the 40% lowest rated companies in the industry
20222024
Asset turnover
2.57×
StrongAmong the 40% highest rated companies in the industry
20222024
Debt / equity
7.23×
Very weakAmong the 20% lowest rated companies in the industry
20222024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% 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 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 marginWeak
Among the 40% 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 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 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.
Liquidity
Current ratioAverage
Around the average of companies in the same 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 ratioAverage
Around the average of companies in the same 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.
Current assets to equityVery weak
Among the 10% lowest 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 strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
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.
Debt to equityVery weak
Among the 20% lowest 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 weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
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 coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 20% lowest rated companies in the 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.
Efficiency & development
Asset turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 40% lowest rated companies in the industry
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.
Equity to contributed capitalWeak
Among the 40% 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 equityStrong
Among the 30% highest 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 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
JS Trustee | Trustee | 2026 |
TM Chief Executive Officer | Chief Executive Officer | 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
HB Board of Directors | Board of Directors | 2022 |
GJ Board of Directors | Board of Directors | 2022 |
MA Board of Directors | Board of Directors | 2022 |
EB Board of Directors | Board of Directors | 2024 |
TM Chairman | Chairman | 2026 |
Former (1)
RE Chairman | Chairman | 2022 – 2026 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 |
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Company hierarchy
Trond M Brekstad Holding As
FVS Entreprenør AS Board network connections
Board members of FVS Entreprenør AS also hold positions in 136 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jenny Smolan | Trustee | 92 companiesMany roles |
| Roy Erik Isaksen | Chairman | 14 companiesMany roles |
| Harriet Brekstad | Board of Directors | 9 companiesMany roles |
| Geir Johan Grande | Board of Directors | 9 companiesMany roles |
| Morten Antonsen | Board of Directors | 7 companiesMany roles |
| Trond Magnus Brekstad | Chief Executive Officer | 4 companies |
| Erik Brekstad | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of FVS Entreprenør AS?
FVS Entreprenør AS is registered with Brønnøysundsregistrene under Org 928858030.
What is the revenue of FVS Entreprenør AS?
FVS Entreprenør AS reported revenue of NOK 65.3m in 2024.
Who is the CEO of FVS Entreprenør AS?
Trond Magnus Brekstad is the CEO of FVS Entreprenør AS.
Who is the chairman of FVS Entreprenør AS?
Trond Magnus Brekstad chairs the board of FVS Entreprenør AS, in role since 2026.
Where is FVS Entreprenør AS headquartered?
FVS Entreprenør AS's registered address is Industrigata 15.