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O

OLLE MICHELSEN AS918 734 236

Crushed stone
Limited company
Lupinveien 12 7896 BREKKVASSELV, Norge
Industry and manufacturing
/ Crushed stone
/ 08.120 Operation of gravel and sand pits; mining of clays and kaolin

OLLE MICHELSEN AS

Keywords

extractiondredgingindustrial sandconstruction sandgravelquarryingcrushingsandclayrefractory claykaolin

Organization

CEO
OM

Olle Magne Michelsen1945

Chairman of the board
OM

Olle Magne Michelsen1945

Years since formation
30 years
since Mar 12, 1995
Type
Limited company
VAT registered
Yes
Number of employees
8

Ownership

Number of shares and share classes
160
1 share class
Total number of shareholders
1
person

Financials

Total operating income 2024
2,304,068
NOK
Annual total result 2024
87,834
NOK
Total equity 2024
9,657,468
NOK
Last update: Jul 29, 2025

Management

Management / administration

NameRoleShares
OM

Olle Magne Michelsen

1945

Managing Director/CEO
100 %
directly

Board

NameRoleShares
OM

Olle Magne Michelsen

1945

Chairman
100 %
directly
RI

Ruth Inger Michelsen

1949

Board Member-
IL

Inger Lise Michelsen Sagmo

1971

Board Member-

Others

NameRoleShares
R
RØYRVIK REGNSKAP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
OM

Olle Magne Michelsen

1945

Managing Director/CEO, Chairman
100 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
OM

Olle Magne Michelsen

1945

Ordinary shares
160
100 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
2,304,068
4,925,064
4,887,576
2,882,242
Annual Total Result
87,834
1,274,668
1,189,427
2,431
Total assets
10,630,649
11,457,872
9,669,520
9,613,585
Total liabilities
973,181
1,888,238
1,374,556
2,508,049
Total equity
9,657,468
9,569,634
8,294,966
7,105,539

P&L

Year2024202320222021
Total operating income
2,304,068
4,925,064
4,887,576
2,882,242
Total operating costs
2,262,085
3,303,723
3,359,017
2,867,309
Operating result
41,983
1,621,340
1,528,559
14,934
Financial income/costs
71,896
13,568
-3,684
-11,685
Profit before tax
113,879
1,634,908
1,524,875
3,249
Total tax & extraordinary income/cost
26,045
360,240
335,448
818
Annual Total Result
87,834
1,274,668
1,189,427
2,431

Balance overview

Year2024202320222021
Total fixed assets
3,885,634
4,404,235
4,151,010
4,997,643
Total current assets
6,745,015
7,053,636
5,518,510
4,615,942
Total assets
10,630,649
11,457,872
9,669,520
9,613,585
Short term debt
397,227
1,215,482
510,949
835,225
Long term debt
575,954
672,755
863,608
1,672,824
Total liabilities
973,181
1,888,238
1,374,556
2,508,049
Contributed capital
160,000
160,000
160,000
160,000
Retained earnings
9,497,468
9,409,634
8,134,966
6,945,539
Total equity
9,657,468
9,569,634
8,294,966
7,105,539
Total equity and liabilities
10,630,649
11,457,872
9,669,520
9,613,585

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
B
Main industrial area
Mining and quarrying
08
Activity
Other mining and quarrying
08.1
Main industrial group
Quarrying of stone, sand and clay
08.12
Industrial group
Operation of gravel and sand pits; mining of clays and kaolin
08.120
Industrial group
Operation of gravel and sand pits; mining of clays and kaolin