FRONT HOLDING VELO AS
Organization
- Chairman of the board
- CS
- Years since formation
- 5 years
- since Sep 4, 2020
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -548,319
- NOK
- Total equity 2024
- 1,989,451
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
CS | Chairman | 100 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
CS | Chairman | 100 % indirectly |
Last update: Jan 9, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Shares owned by the FRONT HOLDING VELO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 200 | 20 % | |
| Ordinary shares | 100 | 10 % | |
| NO0010714785 | 3,000 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -31,921Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 254 | 0 |
Annual Total Result | -548,319 | 753,904 | 270,298 | 362,771 |
Total assets | 23,240,793 | 19,158,265 | 16,856,712 | 9,668,736 |
Total liabilities | 21,251,342 | 16,620,495 | 15,397,936 | 8,480,258 |
Total equity | 1,989,451 | 2,537,770 | 1,458,776 | 1,188,478 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 254 | 0 |
Total operating costs | 27,977 | 14 | 326,154 | 1 |
Operating result | -27,977 | -14 | -325,900 | -1 |
Financial income/costs | -520,342 | 753,918 | 596,198 | 362,772 |
Profit before tax | -548,319 | 753,904 | 270,298 | 362,771 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -548,319 | 753,904 | 270,298 | 362,771 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 18,680,792 | 16,634,579 | 16,220,793 | 8,991,001 |
Total current assets | 4,560,001 | 2,523,686 | 635,919 | 677,735 |
Total assets | 23,240,793 | 19,158,265 | 16,856,712 | 9,668,736 |
Short term debt | 27,975 | 0 | 0 | 362,771 |
Long term debt | 21,223,367 | 16,620,495 | 15,397,936 | 8,117,487 |
Total liabilities | 21,251,342 | 16,620,495 | 15,397,936 | 8,480,258 |
Contributed capital | 1,200,000 | 1,200,000 | 1,188,478 | 1,188,478 |
Retained earnings | 789,451 | 1,337,770 | 270,298 | 0 |
Total equity | 1,989,451 | 2,537,770 | 1,458,776 | 1,188,478 |
Total equity and liabilities | 23,240,793 | 19,158,265 | 16,856,712 | 9,668,736 |
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