Organization
- CEO
- JE
- Chairman of the board
- EF
Eirik Frantzen1968
- Years since formation
- 22 years
- since Sep 29, 2003
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
Ownership
- Number of shares and share classes
- 10,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 33,587,026
- NOK
- Annual total result 2024
- -1,634,360
- NOK
- Total equity 2024
- 17,167,517
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JE | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AM | Board Member | - |
| Board Member | - | |
EF 1968 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Nov 29, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 10,000 | 100 % |
Shares owned by the NORDKRAFT PROSJEKT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000,000 | 100 % | |
| Ordinary shares | 200 | 33.33 % | |
| Ordinary shares | 3,840 | 32 % | |
| Ordinary shares | 200 | 28.57 % | |
| Ordinary shares | 711 | 24.36 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 84,340,000Operating profit 2024: NOK -22,454,000Employees: 34
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 33,587,026 | 32,002,519 | 52,087,684 | 9,281,045 |
Annual Total Result | -1,634,360 | 5,570,724 | 84,763,666 | -88,954,360 |
Total assets | 32,726,046 | 44,696,439 | 109,501,754 | 131,281,871 |
Total liabilities | 15,558,529 | 29,853,184 | 95,788,969 | 118,096,971 |
Total equity | 17,167,517 | 14,843,255 | 13,712,785 | 13,184,899 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 33,587,026 | 32,002,519 | 52,087,684 | 9,281,045 |
Total operating costs | 36,368,798 | 26,905,478 | -44,754,385 | 122,410,115 |
Operating result | -2,781,772 | 5,097,041 | 96,842,069 | -113,129,070 |
Financial income/costs | 689,558 | 879,921 | 483,770 | 131,166 |
Profit before tax | -2,092,214 | 5,976,962 | 97,325,838 | -112,997,904 |
Total tax & extraordinary income/cost | -457,854 | 406,238 | 12,562,172 | -24,043,544 |
Annual Total Result | -1,634,360 | 5,570,724 | 84,763,666 | -88,954,360 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 7,652,394 | 4,458,875 | 10,404,851 | 38,177,006 |
Total current assets | 25,073,653 | 40,237,564 | 99,096,903 | 93,104,865 |
Total assets | 32,726,046 | 44,696,439 | 109,501,754 | 131,281,871 |
Short term debt | 12,500,331 | 24,498,743 | 88,701,975 | 111,537,622 |
Long term debt | 3,058,199 | 5,354,440 | 7,086,994 | 6,559,349 |
Total liabilities | 15,558,529 | 29,853,184 | 95,788,969 | 118,096,971 |
Contributed capital | 16,898,440 | 14,843,255 | 13,712,785 | 15,400,000 |
Retained earnings | 269,077 | 0 | 0 | -2,215,101 |
Total equity | 17,167,517 | 14,843,255 | 13,712,785 | 13,184,899 |
Total equity and liabilities | 32,726,046 | 44,696,439 | 109,501,754 | 131,281,871 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1520
Public incorporated enterprises, owned by local government