FAVO AS

FAVO AS is registered as a limited company in Vindafjord, Rogaland with organisation number 934039459. The business is classified under computer programming activities (NACE 62.100). The company was incorporated in 2024 and has 11 registered employees. Registered share capital is NOK 30,000, divided into 30 shares. The company's stated purpose is: “Utvikling, forvaltning, drift og support av webbaserte IKT-løsninger, samt deltakelse i andre selskaper av enhver art.”. The most recent filed accounts, for the 2025 financial year, show NOK 25.8m in revenue and NOK 4.6m in operating profit.

Key figures · 2025

Revenue

NOK 25.8m

Operating profit

NOK 4.6m

Equity

NOK 1.5m

Est. value

NOK 27.9m

Financial health · 2025

Liquidity

1.17

Satisfactory

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

16.1%

Satisfactory

Equity as a share of total capital

Who owns FAVO AS?

ELVEBAKKEN UTVIKLING & INVEST AS

33.3%

FAVO AS

NOK 25.8m rev. · NOK 4.6m profit

FAVO AS has 3 registered shareholders:

• ELVEBAKKEN UTVIKLING & INVEST AS 33.3%
• BARHEIM AS 33.3%
• LOPS AS 33.3%

All shareholders and roles →

Frequently asked questions about FAVO AS

Who owns FAVO AS?

ELVEBAKKEN UTVIKLING & INVEST AS is the largest registered owner, with 33.3%.

What is the revenue of FAVO AS?

FAVO AS had revenue of NOK 25.8m in 2025.

Who is the general manager of FAVO AS?

Leif Thorsen is registered as general manager of FAVO AS.

Where is FAVO AS based?

FAVO AS has its business address in Ølensvåg.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.