NORVACO AS
Organization
- Chairman of the board
- TE
- Years since formation
- 10 years
- since Jun 11, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 3,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 21,126,076
- NOK
- Annual total result 2024
- 71,627
- NOK
- Total equity 2024
- 5,382,121
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
TE | Contact Person, Chairman | 50 % directly |
CA | Board Member | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TE | Contact Person, Chairman | 50 % directly |
CA | Board Member | 50 % directly |
Last update: Dec 20, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
CA | Ordinary shares | 1,500 | 50 % |
TE | Ordinary shares | 1,500 | 50 % |
Shares owned by the NORVACO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 4,750 | 25 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 21,126,076 | 21,920,968 | 10,077,641 | 21,713,572 |
Annual Total Result | 71,627 | 4,657 | 470,253 | 775,427 |
Total assets | 11,169,965 | 9,908,717 | 6,708,779 | 6,346,727 |
Total liabilities | 5,787,845 | 4,598,224 | 1,402,942 | 1,511,143 |
Total equity | 5,382,121 | 5,310,494 | 5,305,837 | 4,835,584 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 21,126,076 | 21,920,968 | 10,077,641 | 21,713,572 |
Total operating costs | 20,531,700 | 21,600,406 | 9,765,498 | 20,533,973 |
Operating result | 594,376 | 320,562 | 312,143 | 1,179,600 |
Financial income/costs | -502,239 | -314,949 | 202,538 | -185,463 |
Profit before tax | 92,137 | 5,613 | 514,681 | 994,137 |
Total tax & extraordinary income/cost | 20,510 | 956 | 44,428 | 218,710 |
Annual Total Result | 71,627 | 4,657 | 470,253 | 775,427 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,332,683 | 1,250,000 | 1,250,000 | 1,250,000 |
Total current assets | 9,837,282 | 8,658,717 | 5,458,779 | 5,096,727 |
Total assets | 11,169,965 | 9,908,717 | 6,708,779 | 6,346,727 |
Short term debt | 5,187,845 | 3,998,224 | 802,942 | 911,143 |
Long term debt | 600,000 | 0 | 0 | 0 |
Total liabilities | 5,787,845 | 4,598,224 | 1,402,942 | 1,511,143 |
Contributed capital | 750,000 | 750,000 | 750,000 | 750,000 |
Retained earnings | 4,632,121 | 4,560,494 | 4,555,837 | 4,085,584 |
Total equity | 5,382,121 | 5,310,494 | 5,305,837 | 4,835,584 |
Total equity and liabilities | 11,169,965 | 9,908,717 | 6,708,779 | 6,346,727 |
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