ØSTBY UTVIKLING AS
Organization
- CEO
- SØ
Simen Østby1991
- Chairman of the board
- TØ
Trond Østby1965
- Years since formation
- 27 years
- since Oct 22, 1998
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,400
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 483,364
- NOK
- Annual total result 2024
- -451,324
- NOK
- Total equity 2024
- 1,405,031
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SØ 1991 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TØ 1965 | Chairman | 100 % indirectly |
SØ 1991 | Board Member | - |
AØ | Board Member | - |
CØ | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TØ 1965 | Chairman | 100 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,400 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 9,671,909Operating profit 2024: NOK 3,770,933Employees: 6
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 483,364 | 9,134,000 | 447,026 | 63,973,991 |
Annual Total Result | -451,324 | 2,333,095 | -44,992 | 10,973,521 |
Total assets | 65,759,808 | 19,388,773 | 20,775,334 | 16,751,919 |
Total liabilities | 64,354,777 | 17,683,231 | 19,060,636 | 14,506,114 |
Total equity | 1,405,031 | 1,705,542 | 1,714,698 | 2,245,805 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 483,364 | 9,134,000 | 447,026 | 63,973,991 |
Total operating costs | 1,060,508 | 6,143,669 | 502,421 | 49,610,945 |
Operating result | -577,144 | 2,990,331 | -55,395 | 14,363,046 |
Financial income/costs | 140 | 937 | -1,777 | -294,429 |
Profit before tax | -577,004 | 2,991,268 | -57,172 | 14,068,617 |
Total tax & extraordinary income/cost | -125,680 | 658,173 | -12,180 | 3,095,096 |
Annual Total Result | -451,324 | 2,333,095 | -44,992 | 10,973,521 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 49,706,841 | 0 | 0 | 832,500 |
Total current assets | 16,052,967 | 19,388,773 | 20,775,334 | 15,919,419 |
Total assets | 65,759,808 | 19,388,773 | 20,775,334 | 16,751,919 |
Short term debt | 64,397,314 | 17,658,886 | 19,033,829 | 14,092,003 |
Long term debt | -42,537 | 24,345 | 26,807 | 414,111 |
Total liabilities | 64,354,777 | 17,683,231 | 19,060,636 | 14,506,114 |
Contributed capital | 2,380,434 | 2,229,621 | 2,229,621 | 2,229,621 |
Retained earnings | -975,403 | -524,079 | -514,923 | 16,184 |
Total equity | 1,405,031 | 1,705,542 | 1,714,698 | 2,245,805 |
Total equity and liabilities | 65,759,808 | 19,388,773 | 20,775,334 | 16,751,919 |
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