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E

E & O DRIFT AS920 694 128

Contractor activities
Limited company
Ullebergkroken 30 3618 SKOLLENBORG, Norge
Construction
/ Contractor activities
/ 43.120 Site preparation

E & O DRIFT AS

Operating
Selskapets virksomhet er entreprenørvirksomhet med utleie av maskiner og redskaper, samt andre produkter/tjenester som naturlig hører sammen med dette , herunder å delta i andre selskap med lignende virksomhet, og kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak.
Entreprenørvirksomhet med utleie av maskiner og redskaper, samt andre produkter/tjenester som naturlig hører sammen med dette.

Keywords

preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work

Organization

CEO
EM

Espen Morseth1986

Chairman of the board
OM

Ola Morseth1956

Years since formation
8 years
since Apr 6, 2018
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
300
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2025
188,626
NOK
Annual total result 2025
-16,772
NOK
Total equity 2025
-536,954
NOK
Last update: May 20, 2026

Management

Management / administration

NameRoleShares
EM

Espen Morseth

1986

Managing Director/CEO
100 %
indirectly

Board

NameRoleShares
OM

Ola Morseth

1956

Chairman-
EM

Espen Morseth

1986

Board Member
100 %
indirectly

Others

NameRoleShares
M
MERKUR REGNSKAP SA
Accountant-

Top 10 individual shareholders

NameRoleShares
EM

Espen Morseth

1986

Managing Director/CEO, Board Member
100 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
E
ESPEN MORSETH AS
Ordinary shares
300
100 %
Last update: Jun 2, 2025

Group structure

  • ESPEN MORSETH AS
    Total operating income 2025: NOK 7,500
    Operating profit 2025: NOK -9,388
    Employees: 0

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
188,626
355,810
362,789
551,950
712,632
Annual Total Result
-16,772
68,291
-309,758
-97,280
51,732
Total assets
341,073
632,837
586,604
1,050,991
1,249,956
Total liabilities
878,027
1,153,019
1,175,077
1,329,706
1,431,391
Total equity
-536,954
-520,181
-588,473
-278,715
-181,435

P&L

Year20252024202320222021
Total operating income
188,626
355,810
362,789
551,950
712,632
Total operating costs
166,580
227,437
504,541
633,068
618,141
Operating result
22,046
128,373
-141,753
-81,118
94,491
Financial income/costs
-38,819
-60,082
-80,932
-43,599
-28,168
Profit before tax
-16,772
68,291
-222,685
-124,717
66,323
Total tax & extraordinary income/cost
0
0
87,073
-27,437
14,591
Annual Total Result
-16,772
68,291
-309,758
-97,280
51,732

Balance overview

Year20252024202320222021
Total fixed assets
234,288
338,008
440,620
839,638
1,073,595
Total current assets
106,784
294,829
145,984
211,353
176,361
Total assets
341,073
632,837
586,604
1,050,991
1,249,956
Short term debt
878,027
899,395
871,455
974,103
935,119
Long term debt
0
253,624
303,622
355,604
496,272
Total liabilities
878,027
1,153,019
1,175,077
1,329,706
1,431,391
Contributed capital
21,230
21,230
21,230
21,230
21,230
Retained earnings
-558,184
-541,411
-609,703
-299,945
-202,665
Total equity
-536,954
-520,181
-588,473
-278,715
-181,435
Total equity and liabilities
341,073
632,837
586,604
1,050,991
1,249,956

Classification

21st company classification
BETA
Small company
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
43
Activity
Specialised construction activities
43.1
Main industrial group
Demolition and site preparation
43.12
Industrial group
Site preparation
43.120
Industrial group
Site preparation