VARSITY HEADWEAR AS

Operating

Å eie aksjer i Fiftytwo AS og andre selskaper med samme type virksomhet som Fiftytwo AS, samt eierskap til og lisensiering av immaterielle eiendeler knyttet til slik virksomhet.

Eie aksjer. Eierskap til og lisensiering av immaterielle eiendeler.

Keywords

franchise agreementcopyrightreceiptroyaltylicense feepatented entitiestrademarksmineral exploration rightsintellectual property

Organization

CEO: AS
Alexander Salvesen Adams1988
Chairman of the board: CS
Christian Stabell Eriksen1965
Years since formation: 3 years; since Aug 26, 2023
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 5,042; 1 share class
Total number of shareholders: 3; companies
Belongs to group of

Financials

Total operating income 2025: 1,081,136; NOK
Annual total result 2025: 683,148; NOK
Total equity 2025: 21,680,748; NOK

Last update: Jun 22, 2026

Management

Management / administration

Name	Role	Shares
AS Alexander Salvesen Adams 1988 Resigned	Managing Director/CEO	44.63 % indirectly
SS Sebastian Salvesen Adams 1983	Managing Director/CEO	44.63 % indirectly

Board

Name	Role	Shares
CS Christian Stabell Eriksen 1965	Chairman	10.75 % indirectly
AS Alexander Salvesen Adams 1988	Board Member	44.63 % indirectly
SS Sebastian Salvesen Adams 1983	Board Member	44.63 % indirectly

Others

Name	Role	Shares
G GRANT THORNTON REVISJON AS	Auditor	-
Ø ØKONOMIAVDELINGEN ØST AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AS Alexander Salvesen Adams 1988	Managing Director/CEO, Board Member	44.63 % indirectly
SS Sebastian Salvesen Adams 1983	Managing Director/CEO, Board Member	44.63 % indirectly
CS Christian Stabell Eriksen 1965	Chairman	10.75 % indirectly

Last update: Nov 1, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
N N35 INVEST AS	Ordinary shares	2,250	44.63 %
D DBQP AS	Ordinary shares	2,250	44.63 %
S SKARBUA AS	Ordinary shares	542	10.75 %

Shares owned by the VARSITY HEADWEAR AS

Name	Share class	Total number of shares	Share
F FIFTYTWO AS	Ordinary shares	1,000	100 %

Last update: Jun 2, 2025

Group structure

VARSITY HEADWEAR AS
Total operating income 2025: NOK 1,081,136
Operating profit 2025: NOK 148,952
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023
Total operating income	1,081,136	1,034,402	329,004
Annual Total Result	683,148	384,886	182,471
Total assets	26,514,453	21,820,929	20,941,733
Total liabilities	4,833,705	823,330	329,020
Total equity	21,680,748	20,997,599	20,612,713

P&L

Year	2025	2024	2023
Total operating income	1,081,136	1,034,402	329,004
Total operating costs	932,184	1,226,155	95,083
Operating result	148,952	-191,753	233,921
Financial income/costs	726,879	685,197	16
Profit before tax	875,831	493,444	233,937
Total tax & extraordinary income/cost	192,683	108,558	51,466
Annual Total Result	683,148	384,886	182,471

Balance overview

Year	2025	2024	2023
Total fixed assets	11,531,996	10,848,848	413,962
Total current assets	14,982,457	10,972,081	20,527,771
Total assets	26,514,453	21,820,929	20,941,733
Short term debt	1,688,492	823,330	329,020
Long term debt	3,145,213	0	0
Total liabilities	4,833,705	823,330	329,020
Contributed capital	20,430,242	20,430,242	20,430,242
Retained earnings	1,250,506	567,357	182,471
Total equity	21,680,748	20,997,599	20,612,713
Total equity and liabilities	26,514,453	21,820,929	20,941,733

Classification

21st company classification

BETA

Small company

VARSITY HEADWEAR AS931 959 220