LRF AS
ASActiveOrg 931754890Fosstveitvegen 74, 4208 SaudasjøenBusiness and other management consultancy activities· NACE 7020Est. 2023 · 3 years old0 employees
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Overview
LRF AS is a Norwegian AS based in Saudasjøen, operating in the Business and other management consultancy activities sector. Incorporated in 2023, the company has 0 employees and reported revenue of NOK 116.2k in its latest annual filing.
Revenue 2025
116.2K NOK
+111% vs 2024
EBITDA margin
59.4 %
+473% vs 2024
Net profit 2025
54K NOK
+488% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
64.5 %
AverageAround the average of companies in the same industry
20232025
Liquidity ratioCurrent assets ÷ Short-term debt
0.3×
Very weakAmong the 20% lowest rated companies in the industry
20232025
Return on assets (ROA)Net profit ÷ Total assets × 100
6.0 %
AverageAround the average of companies in the same industry
20232025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 116.2K NOK | +111% |
| EBITDA | 69.1K NOK | +473% |
| Net profit | 54K NOK | +488% |
| Total assets | 903.6K NOK | +9% |
| Equity | 582.4K NOK | +10% |
| Employees | 0 | — |
Company information
Legal name
LRF AS
Org number
931754890
Legal form
Aksjeselskap
NACE code
Founded
31 May 2023 · 3 years
Share capital
NOK 250,000
Employees
0 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Tjenester innen driftsoppfølging, strategi og ledelse, investeringer og forvaltning av aksjer, samt alt hva hermed står i forbindelse, herunder også gjennom investering i andre selskaper.
(no translation available)
Address
Fosstveitvegen 74, 4208 Saudasjøen
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Financial development
In its most recent annual report (2025), LRF AS reported revenue of NOK 116.2k, an increase of 111% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net profit of NOK 54.0k, and the EBITDA margin stood at 59.4%.
At the end of 2025, equity financed 64.5% of the balance sheet, and current assets covered short-term debt 0.3 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 116 | 55 | 33 |
| Staff expenses | -0 | -0 | -0 |
| EBITDA | 69 | 12 | 32 |
| Depreciation & amort. | -0 | -0 | -0 |
| EBIT | 69 | 12 | 32 |
| Net financials | 0 | -0 | 0 |
| Profit before tax | 69 | 12 | 32 |
| Tax | 15 | 3 | 7 |
| Net profit | 54 | 9 | 25 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 904 | 830 | 831 |
| Equity | 582 | 528 | 519 |
| Long-term debt | 0 | 0 | 0 |
| Short-term debt | 321 | 301 | 312 |
| Total debt | 321 | 301 | 312 |
Financial ratios
5-year trendEBITDA margin
59.4 %
20232025
Equity ratio
64.5 %
AverageAround the average of companies in the same industry
20232025
Return on equity
9.3 %
AverageAround the average of companies in the same industry
20232025
Net profit margin
46.4 %
Very strongAmong the 20% highest rated companies in the industry
20232025
Asset turnover
0.13×
WeakAmong the 40% lowest rated companies in the industry
20232025
Debt / equity
0.55×
AverageAround the average of companies in the same industry
20232025
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% 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 strong
Among the 20% highest 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 20% 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)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 ratioVery strong
Among the 10% highest 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 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 ratioWeak
Among the 30% 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 strong
Among the 10% 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 capitalVery weak
Among the 10% lowest 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 40% 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 equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same 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 debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest 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.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
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 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 debtAverage
Around the average of companies in the same 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
LR Contact Person | Contact Person | 2023 – 2026 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LR Chairman | Chairman | 2023 |
Shareholders
Active legal ownersNo shareholder data available.
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Related companies
Company hierarchy
LRF AS (this company)
Risvollelva AsBoard network connections
Board members of LRF AS also hold positions in 12 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Reidar Fosstveit | Contact Person | 12 companiesMany roles |
Frequently asked questions
What is the Org number of LRF AS?
LRF AS is registered with Brønnøysundsregistrene under Org 931754890.
What is the revenue of LRF AS?
LRF AS reported revenue of NOK 116.2k in 2025.
Who is the chairman of LRF AS?
Lars Reidar Fosstveit chairs the board of LRF AS.
Where is LRF AS headquartered?
LRF AS's registered address is Fosstveitvegen 74.