MAD PERFORMANCE AS
Organization
- CEO
- MØ
Morten Økland1977
- Chairman of the board
- MØ
Morten Økland1977
- Years since formation
- 2 years
- since Oct 31, 2023
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 607,984
- NOK
- Annual total result 2024
- -116,574
- NOK
- Total equity 2024
- -58,005
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MØ 1977 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MØ 1977 | Chairman | 50 % directly |
AF 1999 | Board Member | 50 % directly |
| Resigned | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MØ 1977 | Managing Director/CEO, Chairman | 50 % directly |
AF 1999 | Board Member | 50 % directly |
Last update: Jul 9, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AF 1999 | Ordinary shares | 15,000 | 50 % |
MØ 1977 | Ordinary shares | 15,000 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 |
|---|---|---|
Total operating income | 607,984 | 160,186 |
Annual Total Result | -116,574 | 34,140 |
Total assets | 108,757 | 169,978 |
Total liabilities | 166,761 | 111,409 |
Total equity | -58,005 | 58,570 |
P&L
| Year | 2024 | 2023 |
|---|---|---|
Total operating income | 607,984 | 160,186 |
Total operating costs | 723,926 | 117,988 |
Operating result | -115,942 | 42,198 |
Financial income/costs | -632 | 0 |
Profit before tax | -116,574 | 42,198 |
Total tax & extraordinary income/cost | 0 | 8,058 |
Annual Total Result | -116,574 | 34,140 |
Balance overview
| Year | 2024 | 2023 |
|---|---|---|
Total fixed assets | 0 | 0 |
Total current assets | 108,757 | 169,978 |
Total assets | 108,757 | 169,978 |
Short term debt | 166,761 | 111,409 |
Long term debt | 0 | 0 |
Total liabilities | 166,761 | 111,409 |
Contributed capital | 24,430 | 24,430 |
Retained earnings | -82,435 | 34,140 |
Total equity | -58,005 | 58,570 |
Total equity and liabilities | 108,756 | 169,979 |
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