ARCTIC CIRCLE AS
Organization
- CEO
- LI
- Chairman of the board
- LI
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 5
- persons
Financials
- Total operating income 2024
- 87,887
- NOK
- Annual total result 2024
- 17,457
- NOK
- Total equity 2024
- 122,289
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LI | Managing Director/CEO | 30 % directly |
Board
| Name | Role | Shares |
|---|---|---|
LI | Chairman | 30 % directly |
| Board Member | 25 % directly | |
| Board Member | 25 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LI | Managing Director/CEO, Chairman | 30 % directly |
| Board Member | 25 % directly | |
| Board Member | 25 % directly | |
RJ | - | 10 % directly |
GJ | - | 10 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
LI | Ordinary shares | 30 | 30 % |
| Ordinary shares | 25 | 25 % | |
| Ordinary shares | 25 | 25 % | |
GJ | Ordinary shares | 10 | 10 % |
RJ | Ordinary shares | 10 | 10 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 87,887 | 107,499 | 70,734 |
Annual Total Result | 17,457 | 33,050 | 36,904 |
Total assets | 168,905 | 163,847 | 119,699 |
Total liabilities | 46,616 | 44,016 | 12,917 |
Total equity | 122,289 | 119,832 | 106,782 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 87,887 | 107,499 | 70,734 |
Total operating costs | 65,506 | 65,021 | 26,830 |
Operating result | 22,381 | 42,479 | 43,904 |
Financial income/costs | 0 | -84 | 0 |
Profit before tax | 22,381 | 42,395 | 43,904 |
Total tax & extraordinary income/cost | 4,924 | 9,345 | 7,000 |
Annual Total Result | 17,457 | 33,050 | 36,904 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 0 | 0 | 0 |
Total current assets | 168,905 | 163,847 | 119,699 |
Total assets | 168,905 | 163,847 | 119,699 |
Short term debt | 46,616 | 44,016 | 12,917 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 46,616 | 44,016 | 12,917 |
Contributed capital | 104,000 | 104,000 | 104,000 |
Retained earnings | 18,289 | 15,832 | 2,782 |
Total equity | 122,289 | 119,832 | 106,782 |
Total equity and liabilities | 168,905 | 163,847 | 119,699 |
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