ELITE MOTORS AS
Organization
- CEO
- AA
Ashraf Ali1979
- Chairman of the board
- AA
Ashraf Ali1979
- Years since formation
- 1 year
- since Feb 7, 2024
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 20
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 1,567,441
- NOK
- Annual total result 2024
- 550,821
- NOK
- Total equity 2024
- 550,821
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AA 1979 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AA 1979 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AA 1979 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Oct 23, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AA 1979 | Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 |
|---|---|
Total operating income | 1,567,441 |
Annual Total Result | 550,821 |
Total assets | 1,299,734 |
Total liabilities | 748,913 |
Total equity | 550,821 |
P&L
| Year | 2024 |
|---|---|
Total operating income | 1,567,441 |
Total operating costs | 844,867 |
Operating result | 722,574 |
Financial income/costs | -12,147 |
Profit before tax | 710,427 |
Total tax & extraordinary income/cost | 159,606 |
Annual Total Result | 550,821 |
Balance overview
| Year | 2024 |
|---|---|
Total fixed assets | 563,270 |
Total current assets | 736,464 |
Total assets | 1,299,734 |
Short term debt | 304,392 |
Long term debt | 444,521 |
Total liabilities | 748,913 |
Contributed capital | 0 |
Retained earnings | 550,821 |
Total equity | 550,821 |
Total equity and liabilities | 1,299,734 |
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