Private · Company · Aksjeselskap

Function Group AS

916 883 935 ↗Electrical installation · NACE 43.210Bærumfunction.no ↗
ActiveRegistered 2016Parent · 1 subsidiarySimilar companies →
Status
● Active
Founded
2016
Group revenue
kr 521.3M
Group net
kr 2.16M
Structure
Parent · 1 subsidiary
↳ Brreg · companies
Parent of 1 companyFunction AS

Activitylast 24 mo

No job-ad activity on file
totals on file · ads-over-time series not yet in Intelligo
Registry changes
No recorded changes.
NAV + JobStream · company_hiring · Brreg · company_changes

Timelineall sources

VAKÅS INVEST AS exited (held 5.6 pct)Owner exit · 2025-12-31
Audit opinionPricewaterhouseCoopers AS, by state authorised auditor Chris Håvard Jakobsen, issued the independent auditor's report dated 20 March 2025...Annual report · 2024-12-31
Going concernThe board confirms that the going concern assumption is present and has been used as basis for the accounts. — Styret bekrefter at foruts...Annual report · 2024-12-31
SubsidiaryThe company owns 100% of the shares in Function AS and conducts no other activity. — Function GroupAS eier 100%avaksjene iFunction AS og ...Annual report · 2024-12-31
OtherMicro Matic Norge AS handles the day-to-day business administration for the company. — Micro Matic Norge AS forestar den lopende forretni...Annual report · 2024-12-31
Share capitalShare capital of NOK 3,554,600 divided into 17,773 shares of NOK 200 each. — Aksjekapitalen pa kr. 3 554 600 bestar av 17 773 aksjer a kr...Annual report · 2024-12-31
Related partyA capital increase was carried out in 2024 in which the parent company Aars Invest AS subscribed for all the new shares. — Selskapet hari...Annual report · 2024-12-31
OwnershipThe consolidated accounts including the company are available from Aars AS in Oslo. — Aars AS har forretningskontor iBygdoy alle 4,0257 O...Annual report · 2024-12-31
Pledge or guaranteeThe company is jointly and severally liable for a loan of MNOK 215 granted to the subsidiary Function AS. — *Selskapet er solidarisk ansv...Annual report · 2024-12-31
DividendThe annual result was NOK 0, so there is no allocation affecting equity and no dividend. — Aretsresultat iselskapet erkrO,ogmedforer derm...Annual report · 2024-12-31
Loan or financingLong-term group debt was reduced from NOK 127.7 million to NOK 0 during the year. — kr 127,7 millioner til kr 0.Annual report · 2024-12-31
Deferred taxNo deferred tax asset is recognised because historical results create doubt that future taxable profits will be sufficient to utilise it....Annual report · 2024-12-31
Capitalised R&DThe company had no material research and development costs in 2024. — Selskapet har ikke hatt vesentlige kostnader til forsknings- og utv...Annual report · 2024-12-31
OtherThe subsidiary changed its name in 2024 from Micro Matic Norge AS to Function AS, and its equity/result figures are taken from the 2023 a...Annual report · 2024-12-31
OtherTotal equity at end of 2024 was NOK 360.6 million, equal to an equity ratio of 100%. — egenkapitalvedutgangenav2024erkr360,6millioner.Det...Annual report · 2024-12-31
OtherThe board notes uncertainty about how markets, customers, suppliers and exchange rates will develop in 2025. — hvordan markeder,kunder,le...Annual report · 2024-12-31
OtherThe subsidiary was re-certified as Miljøfyrtårn (Eco-Lighthouse) in 2024 as part of its sustainability work. — arbeidet innen baerekraft ...Annual report · 2024-12-31
Audit opinionPwC issued an unmodified opinion on the 2022 financial statements. — oppfyller arsregnskapet gjeldende lovkrav, ogAnnual report · 2022-12-31
Going concernThe board confirms the going concern assumption is appropriate and applied. — Styret bekrefter at forutsetningen om fortsatt drift er til...Annual report · 2022-12-31
SubsidiaryMMN Holding AS owns 100% of Micro Matic Norge AS and has no other activity than this ownership. — MMN HoldingASeier 100%av aksjenei Micro...Annual report · 2022-12-31
OwnershipThe parent company is Aars AS in Oslo, where the consolidated accounts including the company can be obtained. — Morselskapet Aars AS har ...Annual report · 2022-12-31
Share capitalShare capital of NOK 2,000,000 consists of 10,000 shares of NOK 200. — Aksjekapitalen pa kr. 2 000 000 bestar av 10 000 aksjer a kr. 200.Annual report · 2022-12-31
DividendFollowing refinancing and dividend received from the subsidiary, a total dividend of NOK 102m was paid to owners AARS Invest AS and Vakas...Annual report · 2022-12-31
Related partyThe company covers its liquidity needs through an intra-group facility from subsidiary Micro Matic Norge AS. — Selskapetdekkersittlikvidi...Annual report · 2022-12-31
Loan or financingThe intra-group facility was increased by NOK 50m in 2022 to repay the remaining NOK 53m loan with Nordea. — somi2022bleutvidetmed50Mfort...Annual report · 2022-12-31
Related partyGroup contribution from the subsidiary offset an otherwise negative result for the year. — konsernbidragfradattersomoppveietforetellersne...Annual report · 2022-12-31
Staff numbersThe company has no employees; the board consists of two women and two men. — Det er ingen ansattei selskapet.Styret bestar av 2 kvinner o...Annual report · 2022-12-31
Deferred taxThe deferred tax asset of 88,241 is not recognised because historic results cast doubt on sufficient future taxable profits. — Begrunnels...Annual report · 2022-12-31
Capitalised R&DThe company had no material research and development costs in 2022. — Selskapet harikkehattvesentligekostnader til forsknings-ogutvikling...Annual report · 2022-12-31
OtherTotal remuneration to the auditor was 100,000 in 2022 (73,000 in 2021). — Sum godtjorelse til revisor 100000 73000Annual report · 2022-12-31
Skiwo · company_events

Job ads on NAV Arbeidsplassen12 MO

No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months

LocationBærum

Bærum
municipality only · street address + coordinates not yet in Intelligo
Brreg · registered municipality
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