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COMPANY CARD COMPANY
FOSNOT AS
Manufacture of cordage, rope, twine and netting
6,4 % EBIT margin
FINANCIALS
Financial statements and key figures
Company financial statements
Amount in NOK
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Currency | NOK | NOK | NOK |
| Operating revenue | 33 174 196 | 24 195 546 | 29 040 471 |
| Operating profit | 2 130 907 | -879 594 | 686 928 |
| Net income | 1 524 028 | -818 232 | 649 298 |
| Equity | 16 388 779 | 14 864 751 | 15 682 983 |
| Total assets | 21 580 060 | 20 633 823 | 26 722 115 |
| EBIT margin | 6,4 % | -3,6 % | 2,4 % |
Indicators: equity / assets and EBIT / operating revenue. Midline is 0%, scale −100% to +100%. Not a credit assessment.
Show trend in NOK
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
Click the year markers for exact amounts. Missing years create gaps. The financial statement table above shows all amounts.
Sources and conversion basis
Companies and corporate groups are kept separate. The same historical annual exchange rate is used for income statement and balance sheet figures. Missing values are shown as “—”. Actual zero values are retained.
- 2025 · NOK · original-NOK · source version da175d0516b2
- 2024 · NOK · original-NOK · source version 3e198558db34
- 2023 · NOK · original-NOK · source version f24d5c842d6a
Expand for more financial statement items. We show items with information in at least one year. “—” means a value is missing for that year.
Income statement13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating revenue | |||
| Total sales revenue | 32 504 234 | 23 846 745 | 27 926 061 |
| Total operating revenue | 33 174 196 | 24 195 546 | 29 040 471 |
| Operating expenses | |||
| Wage costs | 9 222 643 | 8 040 222 | 8 013 217 |
| Total operating expenses | 31 043 289 | 25 075 140 | 28 353 543 |
| Operating profit | |||
| Operating income (EBIT) | 2 130 907 | -879 594 | 686 928 |
| Financial income | |||
| Total finance income | — | 17 166 | 189 540 |
| Financial expenses | |||
| Other interest expense | — | 0 | 0 |
| Total finance costs | — | 182 217 | 44 168 |
| Net finance result | -172 974 | -165 051 | 145 372 |
| Results and tax | |||
| Income before tax | 1 957 933 | -1 044 645 | 832 300 |
| Tax expense on ordinary income | 433 905 | -226 413 | 183 002 |
| Net income | 1 524 028 | -818 232 | 649 298 |
| Total comprehensive income | — | -818 232 | 649 298 |
Balance sheet13 entries with information
| Financial statement item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | |||
| Total non-current assets | 10 329 043 | 10 099 077 | 9 706 295 |
| Current assets | |||
| Total inventory | 7 991 456 | 7 421 776 | 7 403 794 |
| Total receivables | 2 981 268 | 2 788 957 | 2 717 220 |
| Total cash and cash equivalents | 278 293 | 324 013 | 6 894 806 |
| Total current assets | 11 251 017 | 10 534 746 | 17 015 819 |
| Total assets | 21 580 060 | 20 633 823 | 26 722 115 |
| Equity | |||
| Total paid-in equity | 3 785 500 | 3 785 500 | 3 785 500 |
| Total retained earnings | 12 603 279 | 11 079 251 | 11 897 483 |
| Total equity | 16 388 779 | 14 864 751 | 15 682 983 |
| Provisions and long-term liabilities | |||
| Total long-term liabilities | — | 0 | 0 |
| Current liabilities | |||
| Total current liabilities | 5 191 281 | 5 769 072 | 11 039 132 |
| Total liabilities | 5 191 281 | 5 769 072 | 11 039 132 |
| Total | |||
| Total equity and liabilities | 21 580 060 | 20 633 823 | 26 722 115 |
Executive salaryUnavailable
No information in the available financial statement data.
REGISTRY INFORMATION
Company at a glance
- Industry
- 13.940 · Manufacture of cordage, rope, twine and netting Industry classification: Statistics Norway · CC BY 4.0
- Registered address
- Nørvågvegen 25, 6090 FOSNAVÅG
- Founded
- 17.01.1976
- Entity type
- Main entity
ADDRESS AND PROPERTY
Property information
Nørvågvegen 25, 6090 FOSNAVÅG
Companies at the same address
Available company cards
About the address match
Same registered street address, postal code, and municipality. This does not document ownership, tenancy, or who uses the building. The address match does not identify a specific unit or dwelling. Open information does not show titleholders, sale date, plot area, or a complete building overview.
REGISTERED ROLES
The people and companies behind it.
| Name | Role | Source date |
|---|---|---|
| Martin NørvågBorn 1981 | Board member | 14.11.2026 |
| A-REVISJON ASView role record | Auditor | 14.11.2026 |
| Hans-Petter SelstadBorn 1960 | Board member | 14.11.2026 |
| Vegard HovlandBorn 1990 | General manager | 14.11.2026 |
| Tor FrantsenBorn 1952 | Chair of the board | 14.11.2026 |
Source: Brønnøysund Register Centre. A registered role is not documentation of direct contact information.
YEAR-DATED OWNERSHIP
Reported shareholders.
As of 31 December 2025 · 4 of 4 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| SELSTAD ASView ownership entryView share entries → | 36,00 % · Ordinary shares | 31.12.2025 |
| TOR FRANTSENBorn 1952 · FOSNAVÅG | 26,42 % · Ordinary shares | 31.12.2025 |
| MARTIN NØRVÅGBorn 1981 · FOSNAVÅG | 24,79 % · Ordinary shares | 31.12.2025 |
| FOSNOT ASView ownership entryView share entries → | 12,79 % · Ordinary shares | 31.12.2025 |
- SELSTAD ASOrdinary shares36,00 %
- TOR FRANTSENOrdinary shares26,42 %
- MARTIN NØRVÅGOrdinary shares24,79 %
- FOSNOT ASOrdinary shares12,79 %
Fixed scale 0–100%. Shares are not normalized. Any unfilled portion is outside the displayed total.
Source: Skatteetaten. Ownership share is a share of the number of shares, not necessarily voting rights or control. Person names refer to separate source records. Similar names are not automatically the same person.
Previously reported ownership entries (8)
- 2024 · SELSTAD AS · 36,00 %
- 2024 · TOR FRANTSEN · 26,42 %
- 2024 · MARTIN NØRVÅG · 24,79 %
- 2024 · FOSNOT AS · 12,79 %
- 2023 · SELSTAD AS · 36,00 %
- 2023 · TOR FRANTSEN · 26,42 %
- 2023 · MARTIN NØRVÅG · 24,79 %
- 2023 · FOSNOT AS · 12,79 %
YEAR-DATED OWNERSHIP
Company share entries
The company’s own investments in other businesses. Shareholders who own the company are shown under Ownership.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to 500 source records examined; the view may be limited. Missing matches do not prove that ownership is absent.
YEAR-DATED OWNERSHIP
Indirect ownership
Explore documented ownership paths through companies. Each path and share class is shown separately; shares are not added together.
Source and scope
Skatteetaten / Aksjonærregisteret. Every level uses the same source year and source set. Further links follow Norwegian business registration numbers; foreign identifiers are not linked automatically. Calculated share is the product of reported share count / total shares at each level, not voting rights, control, or today’s shareholder register. Partial source coverage is stated at the relevant level; unresolved calculation basis is shown without a percentage.
Up to four ownership levels, 32 company lookups, and 250 chains are examined within a short time budget. This is a limited selection, not a ranking of the largest 250. Cycles are stopped. Missing matches do not prove that ownership is absent.
CONNECTIONS
Explore the ownership structure.
Directly reported ownership entries are shown first. Open the map to explore further.
Direct ownership entries without an interactive map
As of 31 December 2025 · 4 of 4 available ownership entries
| Shareholder | Share / share class | Source date |
|---|---|---|
| SELSTAD ASView ownership entryView share entries → | 36,00 % · Ordinary shares | 31.12.2025 |
| TOR FRANTSENBorn 1952 · FOSNAVÅG | 26,42 % · Ordinary shares | 31.12.2025 |
| MARTIN NØRVÅGBorn 1981 · FOSNAVÅG | 24,79 % · Ordinary shares | 31.12.2025 |
| FOSNOT ASView ownership entryView share entries → | 12,79 % · Ordinary shares | 31.12.2025 |
Source: Skatteetaten / Aksjonærregisteret. Year-dated share ownership is not necessarily today’s voting rights or corporate control.
Open interactive map for direct ownership entries
CONNECTIONS
Explore the ownership structure.
See owners and open further company levels, using the same year throughout the tree.
Click a company to open owners. Select i for details.