POLYBO CIRCULAR AS

Closed at November 1st, 2025, Insolvency proceedings

Liquidation estate:

Utvikling og levering av sin patenterte teknologi for bygging med armerte elementer i polybetong.

Salg av råbygg og lisens for råbygg for enebolig, rekkehus, leilighetsbygg, hytter, garasjer med mer, basert på selskapets patenter på armert polybetong.

Organization

CEO: ØF
Øivind Frode Eftestøl1969
Chairman of the board: JP
John Peter Hernes1959
Operation time: 4 years; - Dec 29, 2021 to Nov 1, 2025
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 4,667; 1 share class
Total number of shareholders: 9; 8 companies, 1 person
Belongs to group of

Financials

Total operating income 2023: 341,996; NOK
Annual total result 2023: -2,112,061; NOK
Total equity 2023: -486,437; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
ØF Øivind Frode Eftestøl 1969	Managing Director/CEO	23.14 % indirectly

Board

Name	Role	Shares
JP John Peter Hernes 1959	Chairman	2.14 % indirectly
JA Jon Aarrestad 1953	Board Member	5.36 % indirectly

Others

Name	Role	Shares
A ADMENTO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AJ Arne Johan Stokkeland Olsen 1944	-	26.22 % indirectly
ØF Øivind Frode Eftestøl 1969	Managing Director/CEO	23.14 % indirectly
XB X Baoluer 1988	-	21.43 % directly
JA Jon Aarrestad 1953	Board Member	5.36 % indirectly
NM Nils Magnar Helle 1961	-	3.8 % indirectly
JP John Peter Hernes 1959	Chairman	2.14 % indirectly
IC Ina Charlotte Knivsberg 1972	-	2.14 % indirectly
KI Kjell Inge Sæland 1944	-	1.74 % indirectly
TS Torjus Sivertsen 1947	-	1.52 % indirectly
AG Asbjørn Gjerde 1955	-	1.27 % indirectly

Last update: Oct 13, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A AO HOLDING AS	Ordinary shares	1,153	24.71 %
R RØF AS	Ordinary shares	1,052	22.54 %
XB X Baoluer 1988	Ordinary shares	1,000	21.43 %
P POLYBO AS	Ordinary shares	450	9.64 %
A AARRINVEST AS	Ordinary shares	250	5.36 %
V VALIDÉ AS	Ordinary shares	202	4.33 %
V VALIDÉ INVEST II AS	Ordinary shares	202	4.33 %
A AGER AS	Ordinary shares	200	4.29 %
P PROFINOVA AS	Ordinary shares	158	3.39 %

Shares owned by the POLYBO CIRCULAR AS

Name	Share class	Total number of shares	Share
P POLYBO CHINA AS	Ordinary shares	880	88 %

Last update: Jun 2, 2025

Group structure

POLYBO CIRCULAR AS
Total operating income 2023: NOK 341,996
Operating profit 2023: NOK -1,983,878
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	341,996	0	0
Annual Total Result	-2,112,061	-2,045,067	-5,570
Total assets	3,213,025	4,423,107	30,000
Total liabilities	3,699,462	3,337,483	5,570
Total equity	-486,437	1,085,624	24,430

P&L

Year	2023	2022	2021
Total operating income	341,996	0	0
Total operating costs	2,325,874	1,948,570	5,570
Operating result	-1,983,878	-1,948,570	-5,570
Financial income/costs	-128,182	-96,497	0
Profit before tax	-2,112,061	-2,045,067	-5,570
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-2,112,061	-2,045,067	-5,570

Balance overview

Year	2023	2022	2021
Total fixed assets	2,483,422	2,311,022	0
Total current assets	729,603	2,112,086	30,000
Total assets	3,213,025	4,423,107	30,000
Short term debt	1,199,462	837,483	5,570
Long term debt	2,500,000	2,500,000	0
Total liabilities	3,699,462	3,337,483	5,570
Contributed capital	3,676,261	3,136,261	30,000
Retained earnings	-4,162,698	-2,050,637	-5,570
Total equity	-486,437	1,085,624	24,430
Total equity and liabilities	3,213,025	4,423,107	30,000

Classification

21st company classification

BETA

Small company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

POLYBO CIRCULAR AS928 452 050