Frode Kværneng AS

ASActive

Org 986245413Utfarten 6, 1605 FredrikstadBusiness and other management consultancy activities· NACE 7020Est. 2003 · 22 years old0 employees

Overview

Frode Kværneng AS is a Norwegian AS based in Fredrikstad, operating in the Business and other management consultancy activities sector. Incorporated in 2003, the company has 0 employees and reported revenue of NOK 109.0k in its latest annual filing.

Revenue 2025

0.1M NOK

−68% vs 2024

EBITDA margin

−1.5 %

+95% vs 2024

Net profit 2025

-0M NOK

+98% vs 2024

Key ratios

See full ratios →

68.9 %

Strong

Among the 40% highest rated companies in the industry

20212025

0.1×

Very weak

Among the 10% lowest rated companies in the industry

20212025

-0.1 %

Weak

Among the 40% lowest rated companies in the industry

20212025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	0.1M NOK	-68%
EBITDA	-0M NOK	+95%
Net profit	-0M NOK	+98%
Total assets	1.7M NOK	-1%
Equity	1.2M NOK	0%
Employees	0	—

Financial development

In its most recent annual report (2025), Frode Kværneng AS reported revenue of NOK 109.0k, a decrease of 68% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 1.1k, and the EBITDA margin stood at -1.5%.

At the end of 2025, equity financed 68.9% of the balance sheet, and current assets covered short-term debt 0.1 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023	2022	2021
Revenue	109	340	1,009	1,684	1,411
Staff expenses	-0	-22	-322	-819	-814
EBITDA	-2	-32	122	443	195
Depreciation & amort.	-0	-0	-0	-9	-5
EBIT	-2	-32	122	434	190
Net financials	0	-28	149	20	1
Profit before tax	-1	-60	271	454	191
Tax	-0	0	76	107	55
Net profit	-1	-60	195	347	136

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Balance sheet

NOK thousands

Item	2025	2024	2023	2022	2021
Total assets	1,700	1,710	1,977	1,777	1,858
Equity	1,171	1,172	1,232	1,037	990
Long-term debt	0	0	0	0	2
Short-term debt	529	537	745	740	866
Total debt	529	537	745	740	868

Financial ratios

5-year trend

EBITDA margin

-1.5 %

20212025

Equity ratio

68.9 %

Strong

Among the 40% highest rated companies in the industry

20212025

Return on equity

-0.1 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Net profit margin

-1.1 %

Weak

Among the 30% lowest rated companies in the industry

20212025

Asset turnover

0.06×

Weak

Among the 40% lowest rated companies in the industry

20212025

Debt / equity

0.45×

Average

Around the average of companies in the same industry

20212025

Sector performance

26 of 28 ratios graded

28 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 marginWeak

Among the 40% 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 marginWeak

Among the 30% 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)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 40% lowest 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)Weak

Among the 40% lowest rated companies in the 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 ratioVery weak

Among the 10% 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 10% 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.

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 ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% 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 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 debtWeak

Among the 40% lowest rated companies in the 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 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 capitalStrong

Among the 40% highest 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 equityAverage

Around the average of companies in the same 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

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
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 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
FK Frode Kværneng Chief Executive Officer	Chief Executive Officer	2003
HM Helge Morten Svarva Deputy Member	Deputy Member	2003

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
FK Frode Kværneng Chairman	Chairman	2003

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 Frode Kværneng AS also hold positions in 49 other companies.

Person	Role here	Other companies
Frode Kværneng	Chief Executive Officer	33 companiesMany roles
Helge Morten Svarva	Deputy Member	16 companiesMany roles

Frequently asked questions

What is the Org number of Frode Kværneng AS?

Frode Kværneng AS is registered with Brønnøysundsregistrene under Org 986245413.

What is the revenue of Frode Kværneng AS?

Frode Kværneng AS reported revenue of NOK 109.0k in 2025.

Who is the CEO of Frode Kværneng AS?

Frode Kværneng is the CEO of Frode Kværneng AS.

Who is the chairman of Frode Kværneng AS?

Frode Kværneng chairs the board of Frode Kværneng AS.

Where is Frode Kværneng AS headquartered?

Frode Kværneng AS's registered address is Utfarten 6.