CONCEPT 2 NORGE AS
Home of the best-selling RowErg -SkiErg -BikeErg | Norway
For over 40 years, Concept2 has been making top-quality exercise equipment that gives you a great workout in your home or gym. Dedicated to excellent service and your success. Shop now for our RowErg rowing machine, SkiErg ski machine or BikeErg indoor exercise bike
Organization
- CEO
- LS
Lis Schjøtt1949
- Chairman of the board
- LS
Lis Schjøtt1949
- Years since formation
- 14 years
- since Nov 30, 2011
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 4
- persons
Financials
- Total operating income 2024
- 35,799,961
- NOK
- Annual total result 2024
- 412,477
- NOK
- Total equity 2024
- 3,054,252
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LS 1949 | Managing Director/CEO | 25 % directly |
Board
| Name | Role | Shares |
|---|---|---|
LS 1949 | Chairman | 25 % directly |
SE | Board Member | 25 % directly |
LS | Board Member | 25 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LS 1949 | Managing Director/CEO, Chairman | 25 % directly |
LS | Board Member | 25 % directly |
SE | Board Member | 25 % directly |
RF | - | 25 % directly |
Last update: Nov 6, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
LS 1949 | Ordinary shares | 25 | 25 % |
LS | Ordinary shares | 25 | 25 % |
RF | Ordinary shares | 25 | 25 % |
SE | Ordinary shares | 25 | 25 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 35,799,961 | 36,845,846 | 28,729,014 | 38,360,176 |
Annual Total Result | 412,477 | 43,301 | 1,859,642 | 3,774,448 |
Total assets | 5,834,871 | 6,815,339 | 5,394,719 | 8,513,106 |
Total liabilities | 2,780,619 | 3,973,565 | 2,436,245 | 4,414,274 |
Total equity | 3,054,252 | 2,841,775 | 2,958,474 | 4,098,833 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 35,799,961 | 36,845,846 | 28,729,014 | 38,360,176 |
Total operating costs | 35,132,372 | 36,595,433 | 26,241,141 | 33,452,923 |
Operating result | 667,590 | 250,413 | 2,487,873 | 4,907,252 |
Financial income/costs | -125,143 | -207,113 | -101,486 | -63,995 |
Profit before tax | 542,446 | 43,301 | 2,386,388 | 4,843,258 |
Total tax & extraordinary income/cost | 129,969 | 0 | 526,746 | 1,068,810 |
Annual Total Result | 412,477 | 43,301 | 1,859,642 | 3,774,448 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 148,455 | 167,629 | 125,808 | 135,519 |
Total current assets | 5,686,416 | 6,647,710 | 5,268,911 | 8,377,588 |
Total assets | 5,834,871 | 6,815,339 | 5,394,719 | 8,513,106 |
Short term debt | 2,780,619 | 3,973,565 | 2,436,245 | 4,414,274 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 2,780,619 | 3,973,565 | 2,436,245 | 4,414,274 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 2,954,252 | 2,741,775 | 2,858,474 | 3,998,833 |
Total equity | 3,054,252 | 2,841,775 | 2,958,474 | 4,098,833 |
Total equity and liabilities | 5,834,871 | 6,815,339 | 5,394,719 | 8,513,106 |
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