HANDMADE IN NORWAY AS

Handmade in Norway – Creativity and Community

Local, handmade, and unique. https://videopress.com/v/2jctKvZ6?resizeToParent=true&cover=true&preloadContent=metadata&useAverageColor=true We are proud to work with Visit Løkka, Kulturhuset & Sæter Torg to arrange three exciting and popular handmade events. Our events are brimming with high-quality handmade products from local artists, designers and artisans. Our vibrant creative community grows every day, meaning that we can offer the widest variety of…

Keywords

product developmentprocess developmentdesign businesstextilesclothingshoesjewellerygold goodssilver goodsfurnitureinterior itemsfashion goods

Organization

CEO: KP
Kelly Palencia1977
Chairman of the board: KP
Kelly Palencia1977
Years since formation: 7 years; since Aug 29, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 30,000; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2023: 180,475; NOK
Annual total result 2023: -40,521; NOK
Total equity 2023: -120,604; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
KP Kelly Palencia 1977	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
KP Kelly Palencia 1977	Chairman	100 % directly

Top 10 individual shareholders

Name	Role	Shares
KP Kelly Palencia 1977	Managing Director/CEO, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
KP Kelly Palencia 1977	Ordinary shares	30,000	100 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	180,475	184,270	342,196
Annual Total Result	-40,521	-46,793	68,032
Total assets	45,250	84,616	185,358
Total liabilities	165,853	164,699	218,648
Total equity	-120,604	-80,084	-33,290

P&L

Year	2023	2022	2021
Total operating income	180,475	184,270	342,196
Total operating costs	220,033	230,686	264,300
Operating result	-39,558	-46,416	77,895
Financial income/costs	-963	-377	0
Profit before tax	-40,521	-46,793	77,895
Total tax & extraordinary income/cost	0	0	9,863
Annual Total Result	-40,521	-46,793	68,032

Balance overview

Year	2023	2022	2021
Total fixed assets	4,443	11,107	17,771
Total current assets	40,807	73,509	167,587
Total assets	45,250	84,616	185,358
Short term debt	165,853	164,699	218,648
Long term debt	0	0	0
Total liabilities	165,853	164,699	218,648
Contributed capital	30,000	30,000	24,430
Retained earnings	-150,604	-110,084	-57,720
Total equity	-120,604	-80,084	-33,290
Total equity and liabilities	45,249	84,615	185,358

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