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B

BRAVE TERN AS920 604 684

Contractor activities
Limited company
Fred. Olsens gate 2 0152 OSLO, Norge
Construction
/ Contractor activities
/ 42.220 Construction of utility projects for electricity and telecommunications

BRAVE TERN AS

Keywords

constructionwiringelectricity supplytelecommunicationspower plants

Organization

Chairman of the board
HM

Haakon Magne Ore1980

Years since formation
7 years
since Mar 14, 2018
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
1
company
Belongs to group of

Financials

Total operating income 2024
35,996,781
NOK
Annual total result 2024
10,327,720
NOK
Total equity 2024
78,042,133
NOK
Last update: Jul 10, 2025

Management

Board

NameRoleShares
HK

Hjalmar Krogseth Moe

1971

Board Member-
HM

Haakon Magne Ore

1980

Chairman-

Others

NameRoleShares
K
KPMG AS
Auditor-
Last update: Feb 21, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
F
FRED. OLSEN WINDCARRIER ASA
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2024202320222021
Total operating income
35,996,781
17,184,878
29,014,927
30,067,978
Annual Total Result
10,327,720
-1,775,365
10,532,445
17,819,703
Total assets
186,710,353
134,023,695
132,982,122
149,266,982
Total liabilities
108,668,220
9,380,212
6,563,274
33,380,579
Total equity
78,042,133
124,643,483
126,418,848
115,886,402

P&L

Year2024202320222021
Total operating income
35,996,781
17,184,878
29,014,927
30,067,978
Total operating costs
27,730,261
19,206,409
17,063,251
11,328,293
Operating result
8,266,520
-2,021,531
11,951,676
18,739,685
Financial income/costs
2,100,971
248,504
-1,417,676
-919,658
Profit before tax
10,367,491
-1,773,027
10,534,000
17,820,027
Total tax & extraordinary income/cost
39,771
2,338
1,555
324
Annual Total Result
10,327,720
-1,775,365
10,532,445
17,819,703

Balance overview

Year2024202320222021
Total fixed assets
160,255,305
118,076,746
100,788,240
105,059,430
Total current assets
26,455,048
15,946,949
32,193,882
44,207,551
Total assets
186,710,353
134,023,695
132,982,122
149,266,982
Short term debt
108,668,220
9,380,212
2,063,525
2,280,579
Long term debt
0
0
4,499,750
31,100,000
Total liabilities
108,668,220
9,380,212
6,563,274
33,380,579
Contributed capital
37,907,154
94,777,189
94,777,189
94,777,189
Retained earnings
40,134,979
29,866,294
31,641,659
21,109,213
Total equity
78,042,133
124,643,483
126,418,848
115,886,402
Total equity and liabilities
186,710,353
134,023,695
132,982,122
149,266,982

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
F
Main industrial area
Construction
42
Activity
Civil engineering
42.2
Main industrial group
Construction of utility projects
42.22
Industrial group
Construction of utility projects for electricity and telecommunications
42.220
Industrial group
Construction of utility projects for electricity and telecommunications