FREESTYLE AS
Organization
- CEO
- TE
Tore Elvestad1965
- Chairman of the board
- TE
Tore Elvestad1965
- Years since formation
- 21 years
- since Apr 27, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 13,093
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
- Belongs to group of
Financials
- Total operating income 2024
- 1,035,474
- NOK
- Annual total result 2024
- -317,695
- NOK
- Total equity 2024
- 526,943
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TE 1965 | Managing Director/CEO | 100 % directly 50.43 % indirectly 49.57 % |
Board
| Name | Role | Shares |
|---|---|---|
TE 1965 | Chairman | 100 % directly 50.43 % indirectly 49.57 % |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TE 1965 | Managing Director/CEO, Chairman | 100 % directly 50.43 % indirectly 49.57 % |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TE 1965 | Ordinary shares | 6,603 | 50.43 % |
| Ordinary shares | 6,490 | 49.57 % |
Shares owned by the FREESTYLE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,035,474Operating profit 2024: NOK -96,011Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,035,474 | 1,505,952 | 4,177,586 | 1,745,958 |
Annual Total Result | -317,695 | -2,894 | -168,033 | 220,001 |
Total assets | 5,139,053 | 4,803,472 | 4,734,649 | 2,684,297 |
Total liabilities | 4,612,110 | 3,958,834 | 3,887,117 | 1,668,732 |
Total equity | 526,943 | 844,638 | 847,532 | 1,015,565 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,035,474 | 1,505,952 | 4,177,586 | 1,745,958 |
Total operating costs | 1,131,485 | 1,362,834 | 4,243,685 | 1,497,907 |
Operating result | -96,011 | 143,118 | -66,099 | 248,051 |
Financial income/costs | -221,684 | -146,012 | -101,935 | -28,050 |
Profit before tax | -317,695 | -2,894 | -168,033 | 220,001 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -317,695 | -2,894 | -168,033 | 220,001 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 874,690 | 908,208 | 976,614 | 868,010 |
Total current assets | 4,264,363 | 3,895,264 | 3,758,035 | 1,816,287 |
Total assets | 5,139,053 | 4,803,472 | 4,734,649 | 2,684,297 |
Short term debt | 534,099 | 432,620 | 729,678 | 159,128 |
Long term debt | 4,078,011 | 3,526,214 | 3,157,439 | 1,509,604 |
Total liabilities | 4,612,110 | 3,958,834 | 3,887,117 | 1,668,732 |
Contributed capital | 1,309,300 | 1,309,300 | 1,309,300 | 1,309,300 |
Retained earnings | -782,357 | -464,662 | -461,768 | -293,735 |
Total equity | 526,943 | 844,638 | 847,532 | 1,015,565 |
Total equity and liabilities | 5,139,053 | 4,803,472 | 4,734,649 | 2,684,297 |
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