Sameiet Frognerveien 35

ESEKActive

Org 999639070Arbeidersamfunnets Plass 1, 0181 OsloActivities of households as employers of domestic personnel· NACE 9700Est. 1996 · 30 years old0 employeeshttps://www.usbl.no

Overview

Sameiet Frognerveien 35 is a Norwegian ESEK based in Oslo, operating in the Activities of households as employers of domestic personnel sector. Incorporated in 1996, the company has 0 employees and reported revenue of NOK 649.5k in its latest annual filing.

Revenue 2023

649.5K NOK

−24% vs 2022

EBITDA margin

−3.9 %

−145% vs 2022

Net profit 2023

-21.7K NOK

-137% vs 2022

Key ratios

See full ratios →

50.1 %

Average

Around the average of companies in the same industry

20222023

2.0×

Very weak

Among the 20% lowest rated companies in the industry

20222023

-6.9 %

Very weak

Among the 20% lowest rated companies in the industry

20222023

EBITDA — year on year

NOK thousands

Key figures

Annual report 2023

Revenue	649.5K NOK	-24%
EBITDA	-25.6K NOK	-145%
Net profit	-21.7K NOK	-137%
Total assets	314.4K NOK	+53%
Equity	157.4K NOK	-12%
Employees	0	—

Contact

Address

Arbeidersamfunnets Plass 1, 0181 Oslo

Website

https://www.usbl.no

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Financial development

In its most recent annual report (2023), Sameiet Frognerveien 35 reported revenue of NOK 649.5k, a decrease of 24% on the year before. The figures on this page draw on 2 annual filings covering 2022 to 2023. The bottom line showed a net loss of NOK 21.7k, and the EBITDA margin stood at -3.9%.

At the end of 2023, equity financed 50.1% of the balance sheet, and current assets covered short-term debt 2 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2023	2022
Revenue	649	856
Staff expenses	-0	-0
EBITDA	-26	57
Depreciation & amort.	-0	-0
EBIT	-26	57
Net financials	-4	-1
Profit before tax	-22	58
Tax	-0	-0
Net profit	-22	58

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Balance sheet

NOK thousands

Item	2023	2022
Total assets	314	205
Equity	157	179
Long-term debt	0	0
Short-term debt	157	26
Total debt	157	26

Financial ratios

5-year trend

EBITDA margin

-3.9 %

20222023

Equity ratio

50.1 %

Average

Around the average of companies in the same industry

20222023

Return on equity

-13.8 %

Very weak

Among the 20% lowest rated companies in the industry

20222023

Net profit margin

-3.3 %

Weak

Among the 30% lowest rated companies in the industry

20222023

Asset turnover

2.07×

Very strong

Among the 20% highest rated companies in the industry

20222023

Debt / equity

1.00×

Average

Around the average of companies in the same industry

20222023

Sector performance

25 of 28 ratios graded

28 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 marginVery weak

Among the 20% 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)Very weak

Among the 20% 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)Very weak

Among the 20% 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)Very weak

Among the 20% 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)Very weak

Among the 20% 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 ratioWeak

Among the 30% 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.

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 ratioVery weak

Among the 10% 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 20% 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 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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 debtVery weak

Among the 20% lowest 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 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 marginVery weak

Among the 20% lowest 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.

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 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.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 10% 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.

Equity to contributed capitalNot rated

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

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

Annual reports & filings

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

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


CM Christian Magnus Hunter Lorentzen Contact Person	Contact Person	2013 – 2023

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
TH Thomas Henrik Hunter Lorentzen Board of Directors	Board of Directors	2013
MT Morten Tronsen Board of Directors	Board of Directors	2024
CM Christian Magnus Hunter Lorentzen Chairman	Chairman	2013

Former (2)


DA Dag André Frøyd Lund Board of Directors	Board of Directors	2023 – 2024
CL Christian Lorentzen Board of Directors	Board of Directors	2013 – 2023

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Sameiet Frognerveien 35 also hold positions in 68 other companies.

Person	Role here	Other companies
Christian Lorentzen	Board of Directors	41 companiesMany roles
Christian Magnus Hunter Lorentzen	Contact Person	9 companiesMany roles
Thomas Henrik Hunter Lorentzen	Board of Directors	9 companiesMany roles
Dag André Frøyd Lund	Board of Directors	7 companiesMany roles
Morten Tronsen	Board of Directors	2 companies

Frequently asked questions

What is the Org number of Sameiet Frognerveien 35?

Sameiet Frognerveien 35 is registered with Brønnøysundsregistrene under Org 999639070.

What is the revenue of Sameiet Frognerveien 35?

Sameiet Frognerveien 35 reported revenue of NOK 649.5k in 2023.

Who is the chairman of Sameiet Frognerveien 35?

Christian Magnus Hunter Lorentzen chairs the board of Sameiet Frognerveien 35, in role since 2013.

Where is Sameiet Frognerveien 35 headquartered?

Sameiet Frognerveien 35's registered address is Arbeidersamfunnets Plass 1.