GELCO AS
Organization
- Chairman of the board
- EK
- Years since formation
- 19 years
- since Jan 31, 2006
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 500
- 2 share classes
- Total number of shareholders
- 4
- persons
- Belongs to group of
Financials
- Total operating income 2024
- 416,000
- NOK
- Annual total result 2024
- 1,701,856
- NOK
- Total equity 2024
- 36,558,360
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
EK | Contact Person, Chairman | 10 % directly |
GL 1949 | Board Member | 10 % directly |
BL 1978 | Board Member | 40 % directly |
ØL 1975 | Board Member | 40 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ØL 1975 | Board Member | 40 % directly |
BL 1978 | Board Member | 40 % directly |
EK | Contact Person, Chairman | 10 % directly |
GL 1949 | Board Member | 10 % directly |
Last update: Sep 26, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
BL 1978 | Class B shares | 200 | 40 % |
ØL 1975 | Class B shares | 200 | 40 % |
EK | A-shares | 50 | 10 % |
GL 1949 | A-shares | 50 | 10 % |
Shares owned by the GELCO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,400 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 6,000 | 90.91 % | |
| Ordinary shares | 15 | 50 % | |
| Ordinary shares | 150 | 50 % | |
| Ordinary shares | 750 | 50 % | |
| Ordinary shares | 178 | 29.67 % | |
| Ordinary shares | 250 | 25 % | |
| Ordinary shares | 3,528 | 11.76 % | |
| Ordinary shares | 10 | 10 % | |
| Ordinary shares | 10 | 10 % | |
| Ordinary shares | 10 | 10 % | |
| Ordinary shares | 100 | 1.99 % | |
| Ordinary shares | 117,103 | 1.61 % | |
| A-shares | 727,181 | 0.29 % | |
| NO0010714785 | 50,000 | 0.02 % | |
| NO0010345853 | 1,000 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 416,000Operating profit 2024: NOK 311,495Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 416,000 | 95,250 | 171,450 | 61,220 |
Annual Total Result | 1,701,856 | 13,261,367 | -3,011,633 | 4,794,300 |
Total assets | 40,421,857 | 38,190,875 | 26,142,622 | 35,354,727 |
Total liabilities | 3,863,496 | 1,334,370 | 1,547,484 | 3,747,956 |
Total equity | 36,558,360 | 36,856,504 | 24,595,138 | 31,606,771 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 416,000 | 95,250 | 171,450 | 61,220 |
Total operating costs | 104,505 | 517,577 | 4,810,706 | 433,687 |
Operating result | 311,495 | -422,327 | -4,639,256 | -372,467 |
Financial income/costs | 1,741,488 | 13,739,500 | 2,317,355 | 6,203,980 |
Profit before tax | 2,052,983 | 13,317,173 | -2,321,901 | 5,831,513 |
Total tax & extraordinary income/cost | 351,127 | 55,806 | 689,732 | 1,037,213 |
Annual Total Result | 1,701,856 | 13,261,367 | -3,011,633 | 4,794,300 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 21,944,578 | 22,615,542 | 8,450,184 | 10,422,642 |
Total current assets | 18,477,279 | 15,575,333 | 17,692,438 | 24,932,085 |
Total assets | 40,421,857 | 38,190,875 | 26,142,622 | 35,354,727 |
Short term debt | 3,863,496 | 1,334,370 | 1,547,484 | 3,517,398 |
Long term debt | 0 | 0 | 0 | 230,558 |
Total liabilities | 3,863,496 | 1,334,370 | 1,547,484 | 3,747,956 |
Contributed capital | 6,826,264 | 6,826,264 | 6,826,264 | 6,826,264 |
Retained earnings | 29,732,096 | 30,030,240 | 17,768,874 | 24,780,507 |
Total equity | 36,558,360 | 36,856,504 | 24,595,138 | 31,606,771 |
Total equity and liabilities | 40,421,856 | 38,190,875 | 26,142,622 | 35,354,727 |
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