THE MOTOR INITIATIVE AS
Organization
- CEO
- MA
- Chairman of the board
- Years since formation
- 2 years
- since May 10, 2023
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 2,005,467
- NOK
- Annual total result 2024
- -178,864
- NOK
- Total equity 2024
- -223,145
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MA | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | 50 % directly | |
MA | Deputy Chair | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MA | Managing Director/CEO, Deputy Chair | 50 % directly |
| Chairman | 50 % directly |
Last update: Nov 10, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15,000 | 50 % | |
MA | Ordinary shares | 15,000 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 |
|---|---|---|
Total operating income | 2,005,467 | 616,855 |
Annual Total Result | -178,864 | -68,710 |
Total assets | 496,867 | 175,464 |
Total liabilities | 720,012 | 219,745 |
Total equity | -223,145 | -44,281 |
P&L
| Year | 2024 | 2023 |
|---|---|---|
Total operating income | 2,005,467 | 616,855 |
Total operating costs | 2,184,578 | 685,565 |
Operating result | -179,111 | -68,710 |
Financial income/costs | 247 | 0 |
Profit before tax | -178,864 | -68,710 |
Total tax & extraordinary income/cost | 0 | 0 |
Annual Total Result | -178,864 | -68,710 |
Balance overview
| Year | 2024 | 2023 |
|---|---|---|
Total fixed assets | 11,881 | 15,049 |
Total current assets | 484,986 | 160,415 |
Total assets | 496,867 | 175,464 |
Short term debt | 654,012 | 153,745 |
Long term debt | 66,000 | 66,000 |
Total liabilities | 720,012 | 219,745 |
Contributed capital | 24,430 | 24,430 |
Retained earnings | -247,575 | -68,711 |
Total equity | -223,145 | -44,281 |
Total equity and liabilities | 496,867 | 175,464 |
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