VÅGALIA UTVIKLING AS
Organization
- CEO
- KØ
Karstein Øvstebø1948
- Chairman of the board
- AØ
Arne Øvstebø1952
- Years since formation
- 18 years
- since Jul 30, 2007
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 200,000
- 1 share class
- Total number of shareholders
- 3
- companies
Financials
- Total operating income 2024
- 47,481
- NOK
- Annual total result 2024
- -2,303,350
- NOK
- Total equity 2024
- 25,245,446
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KØ 1948 | Managing Director/CEO | 10.35 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
AØ 1952 | Chairman | 10.19 % indirectly |
DØ 1943 | Board Member | 10.2 % indirectly |
KØ 1948 | Board Member | 10.35 % indirectly |
ST | Board Member | 10.2 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KØ 1948 | Managing Director/CEO, Board Member | 10.35 % indirectly |
DØ 1943 | Board Member | 10.2 % indirectly |
ST | Board Member | 10.2 % indirectly |
AØ 1952 | Chairman | 10.19 % indirectly |
TK | - | 5.93 % indirectly |
KN 1978 | - | 5.93 % indirectly |
AØ | - | 5.93 % indirectly |
ÅH 1971 | - | 5.93 % indirectly |
BØ 1975 | - | 5.93 % indirectly |
TØ 1972 | - | 4.08 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 80,000 | 40 % | |
| Ordinary shares | 80,000 | 40 % | |
| Ordinary shares | 40,000 | 20 % |
Shares owned by the VÅGALIA UTVIKLING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 47,481 | 68,190 | 26,560,000 | 90,000 |
Annual Total Result | -2,303,350 | -1,655,693 | -3,085,553 | -610,797 |
Total assets | 36,461,501 | 37,548,457 | 30,545,394 | 30,896,706 |
Total liabilities | 11,216,054 | 9,999,661 | 27,590,905 | 24,856,665 |
Total equity | 25,245,446 | 27,548,796 | 2,954,489 | 6,040,042 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 47,481 | 68,190 | 26,560,000 | 90,000 |
Total operating costs | 1,724,122 | 323,918 | 28,702,678 | 175,787 |
Operating result | -1,676,641 | -255,728 | -2,142,678 | -85,787 |
Financial income/costs | -626,708 | -1,399,965 | -942,875 | -525,010 |
Profit before tax | -2,303,350 | -1,655,693 | -3,085,553 | -610,797 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -2,303,350 | -1,655,693 | -3,085,553 | -610,797 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 31,509,770 | 31,509,770 | 24,495,333 | 1,040,000 |
Total current assets | 4,951,731 | 6,038,687 | 6,050,060 | 29,856,706 |
Total assets | 36,461,501 | 37,548,457 | 30,545,394 | 30,896,706 |
Short term debt | 21,583 | 3,911,256 | 3,902,645 | 77,996 |
Long term debt | 11,194,471 | 6,088,405 | 23,688,260 | 24,778,669 |
Total liabilities | 11,216,054 | 9,999,661 | 27,590,905 | 24,856,665 |
Contributed capital | 25,245,446 | 29,450,000 | 3,200,000 | 6,040,042 |
Retained earnings | 0 | -1,901,204 | -245,511 | 0 |
Total equity | 25,245,446 | 27,548,796 | 2,954,489 | 6,040,042 |
Total equity and liabilities | 36,461,501 | 37,548,457 | 30,545,394 | 30,896,706 |
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