Liquidity
Strong1.56
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
FLOAT AS
Org. no. 931 188 399 · Private limited company (AS) · Active · Skurvebakkane 68, 4331, ÅLGÅRD · GJESDAL · 46.830 – Wholesale of wood, construction materials and sanitary equipment
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 5
- Established
- 8 March 2023
- Municipality
- GJESDAL
- Industry code
- 46.830
FLOAT AS is a private limited company (as) registered in ÅLGÅRD since 2023. The organisation number is 931 188 399. The register lists 5 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 14 November 2026 at 16:45
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch3.2 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong40.9 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 7.4 m NOK
- +13.9 % vs. the year before
- Net result
- 122 k NOK
- Fiscal year 2025
- Equity
- 822 k NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 5
- Registered in the Central Coordinating Register
- Founded
- 8 March 2023
- Place
- ÅLGÅRD
- Industry
- Wholesale of wood, construction materials and sanitary equipment
- 46.830
- Public contracts
- –
- Roles
- 5
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
89
av 100
Low risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 931 188 399
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 13 April 2023
- Date of incorporation
- 8 March 2023
- Number of employees
- 5
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Skurvebakkane 684331 ÅLGÅRDGJESDAL municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 46.830
Wholesale of wood, construction materials and sanitary equipment(main industry)
G Wholesale and retail trade › 46 Wholesale trade, except of motor vehicles and motorcycles › 46.8 Other specialised wholesale › 46.83 Wholesale of wood, construction materials and sanitary equipment
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Engroshandel med tømmer. Engroshandel med trelast. Engroshandel med paller, andre lastebrett av tre og tretønner. Engroshandel med massive og sammensatte tregulv. Engroshandel med byggematerialer; sand, grus, sement, murstein mv. Engroshandel med stillaser. Engroshandel med maling og lakk. Engroshandel med tapet og gulvbelegg, f.eks. fliser, laminat- og vinylgulv. Engroshandel med glasspaneler. Engroshandel med sanitærutstyr; badekar, vasker, toaletter og annet sanitærutstyr av porselen. Engroshandel med dører, vinduer og skodder (av alle typer materialer). Omfatter også: Engroshandel med brukte murstein, trappetrinn og takfliser av marmor. Engroshandel med gateinstallasjoner, dvs. benker, trafikkbarrierer, pullerter, gatelykter, trafikklys, trafikkskilt, buss- og trikkeholdeplasser. Engroshandel med prefabrikkerte bygninger. Engroshandel med termisk isolasjonsmaterialer. Engroshandel med reservoarer, tanker, kar og lignende beholdere av plast til bygge- og anleggsvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Drive med kjøp, salg og utvikling av rekkverk, glass og andre produkter i nær tilknytning til dette.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Strong1.56
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Watch3.2 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong40.9 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 7,430,451 | 6,523,840 | 2,485,582 | |
| Operating profit | 236,439 | 706,160 | 272,859 | |
| Profit before tax | 235,341 | 693,734 | 272,472 | |
| Net result | 121,559 | 493,522 | 212,913 | |
| Total assets | 2,009,935 | 2,030,552 | 1,623,105 | |
| Equity | 822,424 | 700,865 | 407,343 | |
| Liabilities | 1,187,511 | 1,329,687 | 1,215,762 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 7,430,451 NOK
- Net result 2025
- 121,559 NOK
- Revenue growth
- 13.9 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 7,430,451 NOK |
|---|---|
| Total operating expenses | 7,194,011 NOK |
| Operating profit | 236,439 NOK |
| Total financial income | 1,984 NOK |
| Total financial expenses | 3,082 NOK |
| Net financial items | -1,098 NOK |
| Profit before tax | 235,341 NOK |
| Net result | 121,559 NOK |
Assets
| Total fixed assets | 155,359 NOK |
|---|---|
| Total current assets | 1,854,576 NOK |
| Total assets | 2,009,935 NOK |
Equity and liabilities
| Paid-in equity | 194,430 NOK |
|---|---|
| Retained earnings | 627,994 NOK |
| Total equity | 822,424 NOK |
| Current liabilities | 1,187,511 NOK |
| Total debt | 1,187,511 NOK |
| Total equity and liabilities | 2,009,935 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 6,523,840 NOK |
|---|---|
| Total operating expenses | 5,817,680 NOK |
| Operating profit | 706,160 NOK |
| Total financial income | 601 NOK |
| Total financial expenses | 13,027 NOK |
| Net financial items | -12,426 NOK |
| Profit before tax | 693,734 NOK |
| Net result | 493,522 NOK |
Assets
| Total fixed assets | 218,034 NOK |
|---|---|
| Total current assets | 1,812,518 NOK |
| Total assets | 2,030,552 NOK |
Equity and liabilities
| Paid-in equity | 194,430 NOK |
|---|---|
| Retained earnings | 506,435 NOK |
| Total equity | 700,865 NOK |
| Current liabilities | 1,328,681 NOK |
| Long-term liabilities | 1,006 NOK |
| Total debt | 1,329,687 NOK |
| Total equity and liabilities | 2,030,552 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-03-08 to 2023-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 2,485,582 NOK |
|---|---|
| Total operating expenses | 2,212,723 NOK |
| Operating profit | 272,859 NOK |
| Total financial income | 73 NOK |
| Total financial expenses | 460 NOK |
| Net financial items | -387 NOK |
| Profit before tax | 272,472 NOK |
| Net result | 212,913 NOK |
Assets
| Total fixed assets | 189,609 NOK |
|---|---|
| Total current assets | 1,433,497 NOK |
| Total assets | 1,623,105 NOK |
Equity and liabilities
| Paid-in equity | 194,430 NOK |
|---|---|
| Retained earnings | 212,913 NOK |
| Total equity | 407,343 NOK |
| Current liabilities | 1,213,949 NOK |
| Long-term liabilities | 1,813 NOK |
| Total debt | 1,215,762 NOK |
| Total equity and liabilities | 1,623,105 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | 13.9 % | 162.5 % | – |
| Operating marginOperating profit divided by total operating revenue. | 3.2 % | 10.8 % | 11 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 3.2 % | 10.6 % | 11 % |
| Equity ratioTotal equity divided by total assets. | 40.9 % | 34.5 % | 25.1 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.56 | 1.36 | 1.18 |
| Debt ratioTotal liabilities divided by total equity. | 1.44 | 1.9 | 2.98 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 11.9 % | 34.8 % | 16.8 % |
| Return on equityNet profit divided by total equity. | 14.8 % | 70.4 % | 52.3 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerKim Andre Salte Vagle
Board
- Chair of the boardSveinar Skårland
- Board memberJoakim Neresen
Auditor
- AuditorEI REVISJON OG RÅDGIVNING AS
Accountant
- AccountantAIDER AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
FLOAT AS
FLOAT AS
ÅLGÅRD · 5 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| FLOAT ASWholesale of wood, construction materials and sanitary equipment | 831 387 602 | ÅLGÅRD | 5 |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 14 November 2026 at 16:45
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 14 November 2026 at 16:45
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 14 November 2026 at 16:45
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources