BIOFUEL DEVELOPMENT AS
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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...
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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
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises