ARCTIC CORE AS
Keywords
program developmentsoftware
Organization
- CEO
- CR
Christian Rustad1976
- Chairman of the board
- OJ
- Years since formation
- 7 years
- since Oct 11, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 1,000,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 874,392
- NOK
- Annual total result 2024
- -2,443,461
- NOK
- Total equity 2024
- -10,442,085
- NOK
Last update: Jul 24, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
CR 1976 | Managing Director/CEO | 19.78 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
OJ | Chairman | 3.16 % indirectly |
CR 1976 | Board Member | 19.78 % indirectly |
| Board Member | 1.73 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
CR 1976 | Managing Director/CEO, Board Member | 19.78 % indirectly |
ML 1989 | - | 5.08 % indirectly |
TS | - | 3.53 % indirectly |
OJ | Chairman | 3.16 % indirectly |
SF 1974 | - | 2.07 % indirectly |
| Board Member | 1.73 % indirectly | |
GM | - | 1.59 % indirectly |
YB | - | 1.56 % indirectly |
FL 1979 | - | 1.53 % indirectly |
HA 1971 | - | 1.41 % indirectly |
Last update: Jun 25, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000,000 | 100 % |
Shares owned by the ARCTIC CORE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 495,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 7,044,306Operating profit 2024: NOK -660,160Employees: 12
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 874,392 | 10,405 | 74,951 | 327,246 |
Annual Total Result | -2,443,461 | -3,006,503 | -877,205 | -1,844,357 |
Total assets | 5,893,645 | 1,039,041 | 990,085 | 1,223,932 |
Total liabilities | 16,335,730 | 9,037,664 | 5,982,206 | 5,338,848 |
Total equity | -10,442,085 | -7,998,624 | -4,992,121 | -4,114,916 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 874,392 | 10,405 | 74,951 | 327,246 |
Total operating costs | 3,274,837 | 3,008,876 | 947,769 | 2,171,104 |
Operating result | -2,400,445 | -2,998,471 | -872,818 | -1,843,857 |
Financial income/costs | -43,016 | -8,032 | -4,387 | -499 |
Profit before tax | -2,443,461 | -3,006,503 | -877,205 | -1,844,357 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -2,443,461 | -3,006,503 | -877,205 | -1,844,357 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 4,860,416 | 838,440 | 926,040 | 661,095 |
Total current assets | 1,033,229 | 200,601 | 64,045 | 562,837 |
Total assets | 5,893,645 | 1,039,041 | 990,085 | 1,223,932 |
Short term debt | 378,653 | 1,748,987 | 480,956 | 291,498 |
Long term debt | 15,957,077 | 7,288,677 | 5,501,250 | 5,047,350 |
Total liabilities | 16,335,730 | 9,037,664 | 5,982,206 | 5,338,848 |
Contributed capital | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
Retained earnings | -11,442,085 | -8,998,624 | -5,992,121 | -5,114,916 |
Total equity | -10,442,085 | -7,998,624 | -4,992,121 | -4,114,916 |
Total equity and liabilities | 5,893,645 | 1,039,041 | 990,085 | 1,223,932 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities