BAY CAPITAL AS
Organization
- CEO
- MS
Marius Sandvik1971
- Chairman of the board
- AJ
- Years since formation
- 6 years
- since Jan 3, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 4
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 5,719,971
- NOK
- Annual total result 2024
- 9,650,786
- NOK
- Total equity 2024
- 202,944,058
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MS 1971 | Managing Director/CEO | 24.78 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
AJ | Chairman | - |
MS 1971 | Board Member | 25 % indirectly |
JP 1966 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MS 1971 | Board Member | 25 % indirectly |
| - | 24.78 % indirectly | |
MS 1971 | Managing Director/CEO | 24.78 % indirectly |
KE | - | 24.78 % indirectly |
Last update: Dec 11, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 25 | 25 % | |
| Ordinary shares | 25 | 25 % | |
| Ordinary shares | 25 | 25 % | |
| Ordinary shares | 25 | 25 % |
Shares owned by the BAY CAPITAL AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 10,000 | 100 % | |
| Ordinary shares | 1 | 100 % | |
| Ordinary shares | 38,629,962 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 5,719,971Operating profit 2024: NOK -1,606,826Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,719,971 | 6,761,855 | 6,741,283 | 5,940,000 |
Annual Total Result | 9,650,786 | 2,990,318 | 144,407,898 | 15,483,460 |
Total assets | 256,086,776 | 273,450,610 | 242,366,472 | 136,875,651 |
Total liabilities | 53,142,719 | 63,157,338 | 19,063,519 | 42,980,595 |
Total equity | 202,944,058 | 210,293,271 | 223,302,954 | 93,895,056 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,719,971 | 6,761,855 | 6,741,283 | 5,940,000 |
Total operating costs | 7,326,797 | 7,868,416 | 10,159,971 | 8,740,417 |
Operating result | -1,606,826 | -1,106,561 | -3,418,688 | -2,800,417 |
Financial income/costs | 13,992,565 | 4,975,380 | 148,428,534 | 17,997,615 |
Profit before tax | 12,385,739 | 3,868,819 | 145,009,846 | 15,197,198 |
Total tax & extraordinary income/cost | 2,734,953 | 878,501 | 601,948 | -286,262 |
Annual Total Result | 9,650,786 | 2,990,318 | 144,407,898 | 15,483,460 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 60,616,302 | 50,949,130 | 150,235,428 | 110,187,672 |
Total current assets | 195,470,474 | 222,501,480 | 92,131,044 | 26,687,979 |
Total assets | 256,086,776 | 273,450,610 | 242,366,472 | 136,875,651 |
Short term debt | 53,138,759 | 63,157,180 | 19,063,519 | 42,980,595 |
Long term debt | 3,960 | 158 | 0 | 0 |
Total liabilities | 53,142,719 | 63,157,338 | 19,063,519 | 42,980,595 |
Contributed capital | 78,089,223 | 78,089,223 | 223,302,954 | 93,895,056 |
Retained earnings | 124,854,835 | 132,204,048 | 0 | 0 |
Total equity | 202,944,058 | 210,293,271 | 223,302,954 | 93,895,056 |
Total equity and liabilities | 256,086,777 | 273,450,609 | 242,366,473 | 136,875,651 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises