Organization
- CEO
- LM
Line Morønning1970
- Chairman of the board
- LM
Line Morønning1970
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 24
Ownership
- Number of shares and share classes
- 800
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 40,866,834
- NOK
- Annual total result 2023
- 171,086
- NOK
- Total equity 2023
- 7,028,314
- NOK
Last update: Oct 14, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LM 1970 | Managing Director/CEO | 100 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
LM 1970 | Chairman | 100 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LM 1970 | Managing Director/CEO, Chairman | 100 % indirectly |
Last update: Aug 15, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 800 | 100 % |
Shares owned by the Einar Østby A/S
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1 | < 0.01 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -10,086Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 40,866,834 | 47,140,322 | 44,094,453 |
Annual Total Result | 171,086 | 2,313,091 | 2,643,319 |
Total assets | 11,569,063 | 13,849,321 | 12,599,578 |
Total liabilities | 4,540,749 | 5,624,311 | 5,287,659 |
Total equity | 7,028,314 | 8,225,010 | 7,311,919 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 40,866,834 | 47,140,322 | 44,094,453 |
Total operating costs | 40,691,150 | 44,212,265 | 40,742,679 |
Operating result | 175,684 | 2,928,057 | 3,351,773 |
Financial income/costs | 43,849 | 46,207 | 43,918 |
Profit before tax | 219,533 | 2,974,264 | 3,395,691 |
Total tax & extraordinary income/cost | 48,447 | 661,173 | 752,372 |
Annual Total Result | 171,086 | 2,313,091 | 2,643,319 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,865,532 | 1,749,365 | 1,023,260 |
Total current assets | 9,703,531 | 12,099,957 | 11,576,318 |
Total assets | 11,569,063 | 13,849,321 | 12,599,578 |
Short term debt | 4,540,749 | 5,624,311 | 5,287,659 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 4,540,749 | 5,624,311 | 5,287,659 |
Contributed capital | 30,000 | 800,000 | 800,000 |
Retained earnings | 6,998,314 | 7,425,010 | 6,511,919 |
Total equity | 7,028,314 | 8,225,010 | 7,311,919 |
Total equity and liabilities | 11,569,063 | 13,849,321 | 12,599,578 |
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
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
47
Activity
Retail trade, except of motor vehicles and motorcycles
47.1
Main industrial group
Retail sale in non-specialised stores
47.11
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47.111
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating