OLE TH. SANDVIK AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Organization
- CEO
- OT
- Chairman of the board
- OT
- Years since formation
- 18 years
- since Feb 1, 2007
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 10
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2024
- 21,237,499
- NOK
- Annual total result 2024
- 1,751,372
- NOK
- Total equity 2024
- 10,140,877
- NOK
Last update: Jul 8, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OT | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
OT | Chairman | 100 % directly |
MH | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OT | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
OT | Ordinary shares | 10 | 100 % |
Shares owned by the OLE TH. SANDVIK AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 21,237,499Operating profit 2024: NOK 2,248,702Employees: 6
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 21,237,499 | 20,008,508 | 18,247,121 | 23,666,595 |
Annual Total Result | 1,751,372 | 1,224,599 | 416,139 | 1,436,158 |
Total assets | 14,754,133 | 13,623,886 | 12,772,438 | 14,277,168 |
Total liabilities | 4,613,256 | 3,125,920 | 1,899,071 | 3,819,940 |
Total equity | 10,140,877 | 10,497,966 | 10,873,367 | 10,457,228 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 21,237,499 | 20,008,508 | 18,247,121 | 23,666,595 |
Total operating costs | 18,988,797 | 18,445,505 | 17,715,909 | 21,780,614 |
Operating result | 2,248,702 | 1,563,002 | 531,212 | 1,885,981 |
Financial income/costs | -1,980 | 6,279 | 6,591 | -42,806 |
Profit before tax | 2,246,722 | 1,569,281 | 537,803 | 1,843,175 |
Total tax & extraordinary income/cost | 495,350 | 344,682 | 121,664 | 407,017 |
Annual Total Result | 1,751,372 | 1,224,599 | 416,139 | 1,436,158 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 4,579,248 | 868,509 | 1,117,665 | 1,293,741 |
Total current assets | 10,174,885 | 12,755,377 | 11,654,773 | 12,983,426 |
Total assets | 14,754,133 | 13,623,886 | 12,772,438 | 14,277,168 |
Short term debt | 4,613,256 | 3,125,920 | 1,899,071 | 3,819,940 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 4,613,256 | 3,125,920 | 1,899,071 | 3,819,940 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 10,040,877 | 10,397,966 | 10,773,367 | 10,357,228 |
Total equity | 10,140,877 | 10,497,966 | 10,873,367 | 10,457,228 |
Total equity and liabilities | 14,754,134 | 13,623,886 | 12,772,438 | 14,277,168 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings