SÆTRE INVEST AS
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Organization
- CEO
- ML
Mike Latch1967
- Chairman of the board
- ML
Mike Latch1967
- Years since formation
- 29 years
- since May 21, 1996
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 38
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 8,560,587
- NOK
- Annual total result 2024
- 310,218
- NOK
- Total equity 2024
- 1,935,348
- NOK
Last update: Sep 22, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ML 1967 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
ML 1967 | Chairman | 100 % directly |
SR 1974 | Board Member | - |
OR | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ML 1967 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
ML 1967 | Ordinary shares | 200 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 8,560,587 | 7,486,690 | 7,749,773 | 8,421,979 |
Annual Total Result | 310,218 | 425,574 | 390,488 | 506,550 |
Total assets | 2,991,623 | 2,501,089 | 2,411,807 | 4,168,892 |
Total liabilities | 1,056,275 | 875,959 | 1,212,251 | 2,659,824 |
Total equity | 1,935,348 | 1,625,130 | 1,199,556 | 1,509,068 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 8,560,587 | 7,486,690 | 7,749,773 | 8,421,979 |
Total operating costs | 8,164,276 | 6,937,499 | 7,239,718 | 7,753,050 |
Operating result | 396,312 | 549,191 | 510,055 | 668,929 |
Financial income/costs | 1,403 | -199 | -3,639 | -15,350 |
Profit before tax | 397,715 | 548,993 | 506,417 | 653,579 |
Total tax & extraordinary income/cost | 87,497 | 123,419 | 115,929 | 147,029 |
Annual Total Result | 310,218 | 425,574 | 390,488 | 506,550 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 781,984 | 736,375 | 1,242,512 | 1,115,361 |
Total current assets | 2,209,639 | 1,764,714 | 1,169,295 | 3,053,531 |
Total assets | 2,991,623 | 2,501,089 | 2,411,807 | 4,168,892 |
Short term debt | 1,056,275 | 875,959 | 1,212,251 | 1,166,226 |
Long term debt | 0 | 0 | 0 | 1,493,598 |
Total liabilities | 1,056,275 | 875,959 | 1,212,251 | 2,659,824 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,835,348 | 1,525,130 | 1,099,556 | 1,409,068 |
Total equity | 1,935,348 | 1,625,130 | 1,199,556 | 1,509,068 |
Total equity and liabilities | 2,991,623 | 2,501,089 | 2,411,807 | 4,168,892 |
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