BIOFUEL DEVELOPMENT AS
Operating
w216859 - Home
The project will be a sustainable solution to two of the most pressing global dilemmas; the need to achieve sustainable management of the ever growing volumes of waste as well as the pursuit of clean...
Produksjon av biofuel. Biojetfuel, biodiesel og bionafta. Produksjonen
skal foregå med avfall som feedstock.
Utvikling av industriprosjekt for produksjon av biofuel. Biojet fuel,
biodiesel og bionegta med husholdningsavfall som råvare.
Links
Organization
- CEO
- HM
Håvard Midtdal1956
- Chairman of the board
- RJ
- Years since formation
- 11 years
- since Dec 18, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,123
- 1 share class
- Total number of shareholders
- 5
- 3 companies, 2 persons
- Belongs to group of
Financials
- Annual total result 2024
- -158,185
- NOK
- Total equity 2024
- 1,447
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HM 1956 | Managing Director/CEO | 57.91 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
RJ | Chairman | 16.79 % directly 9.08 % indirectly 7.71 % |
HM 1956 | Board Member | 57.91 % indirectly |
PH | Board Member | 8.43 % directly 4.54 % indirectly 3.89 % |
RJ 1963 | Board Member | - |
| Board Member | 8.43 % indirectly | |
RN 1961 | Board Member | 8.43 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HM 1956 | Managing Director/CEO, Board Member | 57.91 % indirectly |
RJ | Chairman | 16.79 % directly 9.08 % indirectly 7.71 % |
| Board Member | 8.43 % indirectly | |
PH | Board Member | 8.43 % directly 4.54 % indirectly 3.89 % |
RN 1961 | Board Member | 8.43 % indirectly |
Last update: Feb 1, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 868 | 77.29 % | |
RJ | Ordinary shares | 102 | 9.08 % |
| Ordinary shares | 51 | 4.54 % | |
| Ordinary shares | 51 | 4.54 % | |
PH | Ordinary shares | 51 | 4.54 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -22,392Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -158,185 | -166,467 | -144,450 | -93,583 |
Total assets | 172,837 | 246,327 | 330,034 | 408,695 |
Total liabilities | 171,389 | 615,071 | 532,312 | 466,524 |
Total equity | 1,447 | -368,744 | -202,278 | -57,829 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 158,185 | 166,467 | 144,450 | 93,583 |
Operating result | -158,185 | -166,467 | -144,450 | -93,583 |
Financial income/costs | 0 | 0 | 0 | 0 |
Profit before tax | -158,185 | -166,467 | -144,450 | -93,583 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -158,185 | -166,467 | -144,450 | -93,583 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 160,000 | 240,000 | 320,000 | 401,057 |
Total current assets | 12,837 | 6,326 | 10,034 | 7,638 |
Total assets | 172,837 | 246,327 | 330,034 | 408,695 |
Short term debt | 171,389 | 615,071 | 532,312 | 466,524 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 171,389 | 615,071 | 532,312 | 466,524 |
Contributed capital | 950,835 | 422,459 | 422,459 | 422,459 |
Retained earnings | -949,388 | -791,203 | -624,737 | -480,288 |
Total equity | 1,447 | -368,744 | -202,278 | -57,829 |
Total equity and liabilities | 172,837 | 246,327 | 330,034 | 408,695 |
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises