FROLAND UTBYGGINGSSELSKAP AS
Organization
- CEO
- KO
Knut Oveland1939
- Chairman of the board
- KO
Knut Oveland1939
- Years since formation
- 27 years
- since Jul 21, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,500
- 1 share class
- Total number of shareholders
- 5
- persons
Financials
- Total operating income 2024
- 252,731
- NOK
- Annual total result 2024
- -148,329
- NOK
- Total equity 2024
- 1,031,935
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KO 1939 | Managing Director/CEO | 33.33 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KO 1939 | Chairman | 33.33 % directly |
TA | Board Member | 16.67 % directly |
AJ | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KO 1939 | Managing Director/CEO, Chairman | 33.33 % directly |
TA | Board Member | 16.67 % directly |
SO 1965 | - | 16.67 % directly |
KO 1967 | - | 16.67 % directly |
HM | - | 16.67 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KO 1939 | Ordinary shares | 500 | 33.33 % |
HM | Ordinary shares | 250 | 16.67 % |
KO 1967 | Ordinary shares | 250 | 16.67 % |
SO 1965 | Ordinary shares | 250 | 16.67 % |
TA | Ordinary shares | 250 | 16.67 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 252,731 | 205,531 | 1,831,931 |
Annual Total Result | -148,329 | -338,896 | 504,414 |
Total assets | 2,108,693 | 3,239,434 | 4,845,589 |
Total liabilities | 1,076,758 | 1,759,169 | 2,426,429 |
Total equity | 1,031,935 | 1,480,264 | 2,419,160 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 252,731 | 205,531 | 1,831,931 |
Total operating costs | 476,597 | 712,540 | 1,629,214 |
Operating result | -223,866 | -507,009 | 202,717 |
Financial income/costs | 53,891 | 46,150 | 357,428 |
Profit before tax | -169,975 | -460,860 | 560,145 |
Total tax & extraordinary income/cost | -21,646 | -121,964 | 55,731 |
Annual Total Result | -148,329 | -338,896 | 504,414 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 180,000 | 180,000 | 180,000 |
Total current assets | 1,928,693 | 3,059,434 | 4,665,589 |
Total assets | 2,108,693 | 3,239,434 | 4,845,589 |
Short term debt | 632,318 | 1,219,908 | 1,736,276 |
Long term debt | 444,440 | 539,261 | 690,153 |
Total liabilities | 1,076,758 | 1,759,169 | 2,426,429 |
Contributed capital | 1,509,231 | 1,509,231 | 1,509,231 |
Retained earnings | -477,295 | -28,966 | 909,930 |
Total equity | 1,031,935 | 1,480,264 | 2,419,160 |
Total equity and liabilities | 2,108,693 | 3,239,434 | 4,845,589 |
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