GLECO AS
Organization
- CEO
- TG
Terje Gleditsch1960
- Chairman of the board
- TG
Terje Gleditsch1960
- Years since formation
- 19 years
- since Jan 16, 2006
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 890
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 1,452,257
- NOK
- Annual total result 2024
- 1,000,890
- NOK
- Total equity 2024
- 9,569,108
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TG 1960 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TG 1960 | Chairman | 100 % directly |
SB | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TG 1960 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TG 1960 | Ordinary shares | 890 | 100 % |
Shares owned by the GLECO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 350 | 50 % | |
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 150 | 25 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,452,257 | 765,432 | 1,111,187 |
Annual Total Result | 1,000,890 | -396,097 | 431,599 |
Total assets | 9,771,483 | 10,009,108 | 10,482,367 |
Total liabilities | 202,374 | 625,890 | 583,052 |
Total equity | 9,569,108 | 9,383,218 | 9,899,315 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,452,257 | 765,432 | 1,111,187 |
Total operating costs | 1,251,250 | 1,644,352 | 1,192,030 |
Operating result | 201,007 | -878,920 | -80,843 |
Financial income/costs | 799,883 | 474,461 | 498,930 |
Profit before tax | 1,000,890 | -404,460 | 418,087 |
Total tax & extraordinary income/cost | 0 | -8,363 | -13,512 |
Annual Total Result | 1,000,890 | -396,097 | 431,599 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 5,354,850 | 8,149,898 | 7,866,098 |
Total current assets | 4,416,633 | 1,859,211 | 2,616,269 |
Total assets | 9,771,483 | 10,009,108 | 10,482,367 |
Short term debt | 202,374 | 405,938 | 250,024 |
Long term debt | 0 | 219,952 | 333,028 |
Total liabilities | 202,374 | 625,890 | 583,052 |
Contributed capital | 898,377 | 898,377 | 898,377 |
Retained earnings | 8,670,731 | 8,484,841 | 9,000,938 |
Total equity | 9,569,108 | 9,383,218 | 9,899,315 |
Total equity and liabilities | 9,771,483 | 10,009,108 | 10,482,367 |
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