NORWAY OFFSHORE RACING TEAM AS
Keywords
advertising businesscreative businessproductionadvertising materialarrangementimplementationadvertising campaignsdesignplacementadvertisementsnewspapersmagazinesradio and televisioninternetoutdoor advertisingbillboardsposterswindow displayinterior designshowroomscarsbusesaerial advertisingdistributiondeliverypromotional materialsamplesprocurementracksmarketing campaignsmarketing consultancy
Organization
- CEO
- FJ
- Chairman of the board
- FJ
- Years since formation
- 5 years
- since Mar 25, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 343,047
- NOK
- Annual total result 2024
- -2,816,887
- NOK
- Total equity 2024
- -2,993,324
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| FJ | Managing Director/CEO | 50 % directly | 
Board
| Name | Role | Shares | 
|---|---|---|
| FJ | Chairman | 50 % directly | 
Others
| Name | Role | Shares | 
|---|---|---|
| Accountant | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| AB | - | 50 % directly | 
| FJ | Managing Director/CEO, Chairman | 50 % directly | 
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| AB | Ordinary shares | 500 | 50 % | 
| FJ | Ordinary shares | 500 | 50 % | 
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 343,047 | 937,383 | 380,939 | 497,880 | 
| Annual Total Result | -2,816,887 | -207,959 | -10,028 | 79,887 | 
| Total assets | 7,606,732 | 2,268,796 | 702,072 | 755,223 | 
| Total liabilities | 10,600,056 | 2,445,234 | 670,552 | 713,675 | 
| Total equity | -2,993,324 | -176,437 | 31,520 | 41,548 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 343,047 | 937,383 | 380,939 | 497,880 | 
| Total operating costs | 3,148,688 | 1,111,190 | 389,649 | 410,620 | 
| Operating result | -2,805,641 | -173,807 | -8,710 | 87,260 | 
| Financial income/costs | -11,246 | -31,326 | -4,144 | -4,116 | 
| Profit before tax | -2,816,887 | -205,133 | -12,854 | 83,144 | 
| Total tax & extraordinary income/cost | 0 | 2,826 | -2,826 | 3,257 | 
| Annual Total Result | -2,816,887 | -207,959 | -10,028 | 79,887 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 2,088,573 | 1,501,551 | 209,659 | 744,157 | 
| Total current assets | 5,518,159 | 767,245 | 492,413 | 11,066 | 
| Total assets | 7,606,732 | 2,268,796 | 702,072 | 755,223 | 
| Short term debt | 373,861 | 2,445,234 | 670,552 | 713,675 | 
| Long term debt | 10,226,195 | 0 | 0 | 0 | 
| Total liabilities | 10,600,056 | 2,445,234 | 670,552 | 713,675 | 
| Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 | 
| Retained earnings | -3,023,324 | -206,437 | 1,520 | 11,548 | 
| Total equity | -2,993,324 | -176,437 | 31,520 | 41,548 | 
| Total equity and liabilities | 7,606,732 | 2,268,797 | 702,072 | 755,223 | 
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
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
73
Activity
Advertising and market research
73.1
Main industrial group
Advertising
73.11
Industrial group
Advertising agencies
73.110
Industrial group
Advertising agencies