NOR-STRAND AS
Organization
- CEO
- IE
Ivar Edvin Olsen1960
- Chairman of the board
- JS
Jan Sture Sundli1977
- Years since formation
- 21 years
- since Jun 2, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 10,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 24,287,100
- NOK
- Annual total result 2024
- 7,765,744
- NOK
- Total equity 2024
- 15,865,543
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IE 1960 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JS 1977 | Chairman | - |
IE 1960 | Board Member | - |
JW 1944 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
VC | - | 75 % indirectly |
KH | - | 20 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 10,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 7,292,570Operating profit 2024: NOK 595,996Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,287,100 | 18,130,558 | 14,169,418 | 14,930,394 |
Annual Total Result | 7,765,744 | 1,780,678 | 2,092,758 | 2,431,426 |
Total assets | 185,611,323 | 208,280,594 | 217,418,622 | 217,705,872 |
Total liabilities | 169,745,779 | 195,862,794 | 204,363,500 | 206,743,508 |
Total equity | 15,865,543 | 12,417,800 | 13,055,122 | 10,962,365 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,287,100 | 18,130,558 | 14,169,418 | 14,930,394 |
Total operating costs | 7,475,505 | 9,766,376 | 8,134,753 | 8,310,377 |
Operating result | 16,811,595 | 8,364,182 | 6,034,665 | 6,620,017 |
Financial income/costs | -7,035,407 | -5,900,296 | -3,351,452 | -3,502,804 |
Profit before tax | 9,776,188 | 2,463,886 | 2,683,213 | 3,117,213 |
Total tax & extraordinary income/cost | 2,010,444 | 683,208 | 590,455 | 685,787 |
Annual Total Result | 7,765,744 | 1,780,678 | 2,092,758 | 2,431,426 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 185,118,735 | 200,390,432 | 216,988,007 | 217,354,510 |
Total current assets | 492,589 | 7,890,163 | 430,616 | 351,362 |
Total assets | 185,611,323 | 208,280,594 | 217,418,622 | 217,705,872 |
Short term debt | 8,500,801 | 6,745,339 | 2,844,522 | 6,236,677 |
Long term debt | 161,244,978 | 189,117,455 | 201,518,979 | 200,506,830 |
Total liabilities | 169,745,779 | 195,862,794 | 204,363,500 | 206,743,508 |
Contributed capital | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
Retained earnings | 14,865,543 | 11,417,800 | 12,055,122 | 9,962,365 |
Total equity | 15,865,543 | 12,417,800 | 13,055,122 | 10,962,365 |
Total equity and liabilities | 185,611,322 | 208,280,594 | 217,418,622 | 217,705,872 |
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