KEY DEVELOPMENT AS
Organization
- CEO
- AL
- Chairman of the board
- ÅM
Åge Muren1964
- Years since formation
- 7 years
- since Sep 4, 2018
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 64,000
- NOK
- Annual total result 2024
- 2,955
- NOK
- Total equity 2024
- 29,156
- NOK
Last update: Aug 31, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AL | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
ÅM 1964 | Chairman | 20.5 % indirectly |
AL | Board Member | 50 % indirectly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AL | Managing Director/CEO, Board Member | 50 % indirectly |
ÅM 1964 | Chairman | 20.5 % indirectly |
| - | 20.5 % indirectly | |
| - | 3 % indirectly | |
| - | 3 % indirectly | |
| - | 3 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2021: NOK 0Operating profit 2021: NOK -71,671Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 64,000 | 144,000 | 96,000 | 576,000 |
Annual Total Result | 2,955 | 52,069 | -55,868 | 389,818 |
Total assets | 2,116,965 | 2,105,556 | 2,150,376 | 2,236,997 |
Total liabilities | 2,087,809 | 2,079,355 | 2,176,244 | 2,206,997 |
Total equity | 29,156 | 26,201 | -25,868 | 30,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 64,000 | 144,000 | 96,000 | 576,000 |
Total operating costs | 61,045 | 91,931 | 30,145 | 4,034 |
Operating result | 2,955 | 52,069 | 65,855 | 571,966 |
Financial income/costs | 0 | 0 | -121,723 | -132,552 |
Profit before tax | 2,955 | 52,069 | -55,868 | 439,414 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 49,596 |
Annual Total Result | 2,955 | 52,069 | -55,868 | 389,818 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,101,947 | 2,101,947 | 2,101,947 | 2,101,947 |
Total current assets | 15,018 | 3,609 | 48,429 | 135,050 |
Total assets | 2,116,965 | 2,105,556 | 2,150,376 | 2,236,997 |
Short term debt | 8,143 | 689 | -7,217 | 417,437 |
Long term debt | 2,079,666 | 2,078,666 | 2,183,461 | 1,789,560 |
Total liabilities | 2,087,809 | 2,079,355 | 2,176,244 | 2,206,997 |
Contributed capital | 34,375 | 34,375 | 34,375 | 34,375 |
Retained earnings | -5,219 | -8,174 | -60,243 | -4,375 |
Total equity | 29,156 | 26,201 | -25,868 | 30,000 |
Total equity and liabilities | 2,116,965 | 2,105,556 | 2,150,376 | 2,236,997 |
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