FOLKEKRAFT AS

Organization

Chairman of the board: GM
Geir Morten Folkestad1971
Years since formation: 3 years; since Oct 21, 2022
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 2,714,219; 1 share class
Total number of shareholders: 402; 48 companies, 354 persons
Belongs to group of

Financials

Annual total result 2024: -1,993,297; NOK
Total equity 2024: 10,486,993; NOK

Last update: Sep 19, 2025

Management

Board

Name	Role	Shares
GM Geir Morten Folkestad 1971	Chairman	69.46 % directly 0.31 % indirectly 69.15 %
KG Krishan Galagoda Totland 1991 Resigned	Board Member	-

Others

Name	Role	Shares
C CREDO REVISJON AS	Auditor	-
E ECIT SERVICES AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
GM Geir Morten Folkestad 1971	Chairman	69.46 % directly 0.31 % indirectly 69.15 %
SW Stein Walle 1963	-	2.3 % indirectly
HB Hans-Eirik Breyholtz-Mott 2000	-	1.9 % indirectly
MH Malvin Harald Folkestad 1945	-	1.79 % indirectly
GR Gunnar Reigstad 1952	-	1.63 % directly
SA Stein Arthur Hodnungseth 1951	-	1.61 % indirectly
AJ Arne Johan Arntzen 1934	-	1.54 % directly

Last update: Oct 21, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
F FOLKEKRAFT GROUP AS	Ordinary shares	1,941,065	71.51 %
W WAST AS	Ordinary shares	62,500	2.3 %
B BREYHOLTZ HOLDING AS	Ordinary shares	51,674	1.9 %
GR Gunnar Reigstad 1952	Ordinary shares	44,150	1.63 %
F FJELLSETH HOLDING AS	Ordinary shares	43,750	1.61 %
AJ Arne Johan Arntzen 1934	Ordinary shares	41,667	1.54 %
SO Svein Ove Øvrebotten 1978	Ordinary shares	20,000	0.74 %
R RONA AS	Ordinary shares	17,936	0.66 %
TB Trine Breyholtz 1965	Ordinary shares	17,500	0.64 %
N NPAC AS	Ordinary shares	16,750	0.62 %
C CEYLON CAPITAL AS	Ordinary shares	15,830	0.58 %
F FLATLANDSMO CAMPING AS	Ordinary shares	13,854	0.51 %
F FADNES HOLDING AS	Ordinary shares	13,854	0.51 %
A AS LEIF VOSS	Ordinary shares	13,854	0.51 %
RN Remi Nyegaard 1989	Ordinary shares	10,010	0.37 %
D DELTA FINANS AS	Ordinary shares	10,000	0.37 %
PB Paul Bolus Johansen 1961	Ordinary shares	10,000	0.37 %
C CLIMB AS	Ordinary shares	10,000	0.37 %
RP Roy Paulsen 1959	Ordinary shares	9,999	0.37 %
S SURVEYSERVICE AS	Ordinary shares	9,000	0.33 %
ER Elbasan Rashani 1993	Ordinary shares	8,400	0.31 %
GM Geir Morten Folkestad 1971	Ordinary shares	8,380	0.31 %
JS Jonas Skule Erik Ludvigsson 1973	Ordinary shares	8,340	0.31 %
JR Johnny Ranum 1958	Ordinary shares	8,335	0.31 %
B BENEFICIAL APPS AS	Ordinary shares	8,334	0.31 %
KB Kjell Buskum 1945	Ordinary shares	8,333	0.31 %
KE Katrine Elise Breyholtz-Mott 2002	Ordinary shares	7,875	0.29 %
H HRD INVEST AS	Ordinary shares	7,000	0.26 %
FG Frode Grimsland 1962	Ordinary shares	6,500	0.24 %
A AS FINANSPLAN	Ordinary shares	5,000	0.18 %
N NOTIO AS	Ordinary shares	5,000	0.18 %
RS Rune Sørlie 1966	Ordinary shares	5,000	0.18 %
KH Khalid Hussain 1961	Ordinary shares	5,000	0.18 %
SB Stian Brubakken 1969	Ordinary shares	5,000	0.18 %
PM Premil Monrad Vigerstøl-Olsen 1976	Ordinary shares	4,250	0.16 %
GN Gjermund Nordskar 1988	Ordinary shares	4,167	0.15 %
SI Stian Inge Stusdal Matre 1977	Ordinary shares	4,167	0.15 %
BS Bjørn Sverre Salomonsen 1951	Ordinary shares	4,100	0.15 %
EP Eric Palmer 1972	Ordinary shares	4,000	0.15 %
TJ Terje Joar Dalsbø 1965	Ordinary shares	4,000	0.15 %
A ASKARI AS	Ordinary shares	4,000	0.15 %
DN Didrik Nygaard 1995	Ordinary shares	3,500	0.13 %
KR Knut Rundhovde 1962	Ordinary shares	3,050	0.11 %
TA Tor Arne Larsen 1963	Ordinary shares	3,000	0.11 %
GS Gunnar Sogndalen 1951	Ordinary shares	3,000	0.11 %
L LEESJ AS	Ordinary shares	3,000	0.11 %
EJ Egil Johan Bergheim 1948	Ordinary shares	3,000	0.11 %
SS Sindre Säfvenbom 1992	Ordinary shares	2,549	0.09 %
YH Yvonne Husby Halseth 1973	Ordinary shares	2,500	0.09 %
TK Tommy Kronstad 1988	Ordinary shares	2,500	0.09 %
ST Svein Tore Njøten 1970	Ordinary shares	2,500	0.09 %
TT Terje Tvedt 1948	Ordinary shares	2,500	0.09 %
X XCITA INVEST AS	Ordinary shares	2,500	0.09 %
SD Sissel Drøyvollsmo 1973	Ordinary shares	2,500	0.09 %
KN Kenneth Ngai 1981	Ordinary shares	2,500	0.09 %
M MASKE INVEST AS	Ordinary shares	2,500	0.09 %
PU Per Uno Blørstad 1964	Ordinary shares	2,271	0.08 %
E ENSRUD HOLDING AS	Ordinary shares	2,000	0.07 %
SR Signe Rigmor Sævild 1969	Ordinary shares	2,000	0.07 %
BA Bengt Anders Warensjö 1963	Ordinary shares	2,000	0.07 %
R RUDO HOLDING AS	Ordinary shares	2,000	0.07 %
MD Mirheta Dautbegovic 1970	Ordinary shares	2,000	0.07 %
EC Erik Conrad Skjellerud 1969	Ordinary shares	2,000	0.07 %
RS Robert Stavenes 1965	Ordinary shares	2,000	0.07 %
SN Svein Nedberg Hansen 1960	Ordinary shares	2,000	0.07 %
SA Simen Amundsen 1987	Ordinary shares	2,000	0.07 %
DJ Daniel Jerstad Kolstad 1991	Ordinary shares	1,883	0.07 %
OS Olav Seljåsen 1964	Ordinary shares	1,837	0.07 %
DC Dag Coll Mossige 1992	Ordinary shares	1,833	0.07 %
EH Erik Holtemann Jacobsen 1974	Ordinary shares	1,700	0.06 %
SE Stian Engø 1979	Ordinary shares	1,700	0.06 %
BH Børre Hauge Eriksen 1973	Ordinary shares	1,670	0.06 %
AS Aleksander Stang 1991	Ordinary shares	1,667	0.06 %
HB Haakon-André Breyholtz-Mott 2005	Ordinary shares	1,667	0.06 %
JA Jostein Arnt Hjelme 1966	Ordinary shares	1,667	0.06 %
B BYGG OG BETONGSAGING AS	Ordinary shares	1,667	0.06 %
ZJ Zdzislaw Jan Nizialek 1959	Ordinary shares	1,666	0.06 %
MM Margunn Mellingen 1951	Ordinary shares	1,666	0.06 %
TM Thor Magne Klingen 1986	Ordinary shares	1,666	0.06 %
SA Ståle Andreas Kleppe 1982	Ordinary shares	1,666	0.06 %
AH Andrzej Hochnowski 1955	Ordinary shares	1,600	0.06 %
A ALLIANSE HOLDING KRAGERØ AS	Ordinary shares	1,500	0.06 %
O OOEO AS	Ordinary shares	1,500	0.06 %
OG Odd Gynter Olsen 1963	Ordinary shares	1,500	0.06 %
HN Henning Nilsen 1962	Ordinary shares	1,500	0.06 %
JB Joar Bergan Kvernbakken 1996	Ordinary shares	1,250	0.05 %
KR Knut Rød 1964	Ordinary shares	1,200	0.04 %
MR Marius Reitan Stenvik 1986	Ordinary shares	1,010	0.04 %
TN Trygve Nilssen 1971	Ordinary shares	1,010	0.04 %
LÅ Lars Åge Førland 1968	Ordinary shares	1,000	0.04 %
L LØKKEN HOLDING AS	Ordinary shares	1,000	0.04 %
LB Liz Beate Kolstad Kvalvik 1984	Ordinary shares	1,000	0.04 %
GA Geir Arne Hageland 1972	Ordinary shares	1,000	0.04 %
PB Peter Bennetter Straumann 1972	Ordinary shares	1,000	0.04 %
PM Perry Magnor Rolfsen 1940	Ordinary shares	1,000	0.04 %
N NORSE VANGUARD AS	Ordinary shares	1,000	0.04 %
KH Karin Harriet Gretland 1951	Ordinary shares	1,000	0.04 %
PK Prabhat Kiran Soliya 1981	Ordinary shares	1,000	0.04 %
SK Siri Kristine Fredriksen 1966	Ordinary shares	1,000	0.04 %
ES Erik Stubø 1959	Ordinary shares	1,000	0.04 %

Shares owned by the FOLKEKRAFT AS

Name	Share class	Total number of shares	Share
F FOLKEKRAFT.NO AS	Ordinary shares	3,000	100 %
P PHARI AS	Ordinary shares	2,190,819	13.28 %

Last update: Jun 2, 2025

Group structure

FOLKEKRAFT GROUP AS
Total operating income 2024: NOK 240,184
Operating profit 2024: NOK -1,749,305
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	0	80,000	0
Annual Total Result	-1,993,297	-12,773,669	-871,141
Total assets	13,519,927	13,806,547	17,656,706
Total liabilities	3,032,934	6,850,729	18,497,847
Total equity	10,486,993	6,955,818	-841,141

P&L

Year	2024	2023	2022
Total operating income	0	80,000	0
Total operating costs	1,959,008	7,884,546	864,891
Operating result	-1,959,008	-7,804,546	-864,891
Financial income/costs	-34,289	-4,969,123	-6,250
Profit before tax	-1,993,297	-12,773,669	-871,141
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-1,993,297	-12,773,669	-871,141

Balance overview

Year	2024	2023	2022
Total fixed assets	78,000	92,000	17,582,552
Total current assets	13,441,927	13,714,547	74,154
Total assets	13,519,927	13,806,547	17,656,706
Short term debt	3,032,934	6,850,729	18,497,847
Long term debt	0	0	0
Total liabilities	3,032,934	6,850,729	18,497,847
Contributed capital	10,486,993	6,955,818	30,000
Retained earnings	0	0	-871,141
Total equity	10,486,993	6,955,818	-841,141
Total equity and liabilities	13,519,927	13,806,547	17,656,706

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

FOLKEKRAFT AS830 068 112

FOLKEKRAFT AS

Organization

Ownership

Financials

Management

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the FOLKEKRAFT AS

Group structure

Financials

Summary

P&L

Balance overview

Classification