ØST 1 AS
Organization
- CEO
- FF
Frode Folkedal1960
- Chairman of the board
- FF
Frode Folkedal1960
- Years since formation
- 11 years
- since Oct 20, 2014
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,250
- 2 share classes
- Total number of shareholders
- 2
- persons
- Belongs to group of
Financials
- Annual total result 2024
- -58,178
- NOK
- Total equity 2024
- 451,808
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
FF 1960 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
FF 1960 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FF 1960 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
FF 1960 | A-shares | 1,000 | 80 % |
FF 1960 | Class B shares | 250 | 20 % |
Shares owned by the ØST 1 AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,000 | 100 % | |
| Ordinary shares | 40,000 | 40 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -58,452Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -58,178 | 922,138 | -240,996 | -825,230 |
Total assets | 6,130,844 | 2,777,445 | 1,876,499 | 2,169,987 |
Total liabilities | 5,679,036 | 2,267,458 | 2,288,650 | 2,341,142 |
Total equity | 451,808 | 509,987 | -412,151 | -171,155 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 58,452 | -21,945 | 372,314 | 825,230 |
Operating result | -58,452 | 21,945 | -372,314 | -825,230 |
Financial income/costs | 274 | 900,193 | 131,318 | 0 |
Profit before tax | -58,178 | 922,138 | -240,996 | -825,230 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -58,178 | 922,138 | -240,996 | -825,230 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 40,001 | 40,001 | 40,001 | 40,001 |
Total current assets | 6,090,843 | 2,737,444 | 1,836,498 | 2,129,986 |
Total assets | 6,130,844 | 2,777,445 | 1,876,499 | 2,169,987 |
Short term debt | 5,679,036 | 2,267,458 | 2,288,650 | 2,341,142 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 5,679,036 | 2,267,458 | 2,288,650 | 2,341,142 |
Contributed capital | 1,250,000 | 1,250,000 | 1,250,000 | 1,250,000 |
Retained earnings | -798,192 | -740,013 | -1,662,151 | -1,421,155 |
Total equity | 451,808 | 509,987 | -412,151 | -171,155 |
Total equity and liabilities | 6,130,844 | 2,777,445 | 1,876,499 | 2,169,987 |
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