ULSMO AS
Organization
- CEO
- IU
Ingerid Ulstein1971
- Chairman of the board
- GU
Gunvor Ulstein1969
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 5
Ownership
- Number of shares and share classes
- 24,260
- 1 share class
- Total number of shareholders
- 10
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 5,876,000
- NOK
- Annual total result 2024
- 155,311,000
- NOK
- Total equity 2024
- 1,344,204,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IU 1971 | Managing Director/CEO | 8.01 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
GU 1969 | Chairman | 12.61 % indirectly |
IU 1971 | Board Member | 8.01 % indirectly |
VU 1965 | Board Member | 17.89 % indirectly |
TU 1967 | Board Member | 5.96 % indirectly |
IM | Board Member | 17.91 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
IM | Board Member | 17.91 % indirectly |
VU 1965 | Board Member | 17.89 % indirectly |
GU 1969 | Chairman | 12.61 % indirectly |
IU 1971 | Managing Director/CEO, Board Member | 8.01 % indirectly |
OU 2001 | - | 7.02 % indirectly |
EU 2004 | - | 7.02 % indirectly |
TU 1967 | Board Member | 5.96 % indirectly |
UM 2006 | - | 2.11 % indirectly |
MU | - | 2 % indirectly |
FU | - | 2 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,144 | 12.96 % | |
| Ordinary shares | 3,144 | 12.96 % | |
| Ordinary shares | 2,987 | 12.31 % | |
| Ordinary shares | 2,934 | 12.09 % | |
| Ordinary shares | 2,934 | 12.09 % | |
| Ordinary shares | 1,918 | 7.91 % | |
| Ordinary shares | 1,918 | 7.91 % | |
| Ordinary shares | 1,865 | 7.69 % | |
| Ordinary shares | 1,708 | 7.04 % | |
| Ordinary shares | 1,708 | 7.04 % |
Shares owned by the ULSMO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 21,390 | 100 % | |
| A-shares | 30,240,000 | 51 % | |
| NO0010003411 | 327,750,709 | 49.41 % | |
| Ordinary shares | 498,870 | 10.87 % | |
| Ordinary shares | 100 | 0.2 % | |
| NO0003058109 | 1,010 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 5,876,000Operating profit 2024: NOK -9,027,000Employees: 5
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,876,000 | 6,059,000 | 5,679,000 | 6,397,000 |
Annual Total Result | 155,311,000 | 134,841,000 | 2,449,000 | 98,056,000 |
Total assets | 1,366,537,000 | 1,227,986,000 | 1,369,807,000 | 1,379,897,000 |
Total liabilities | 22,333,000 | 20,128,000 | 30,643,000 | 29,247,000 |
Total equity | 1,344,204,000 | 1,207,857,000 | 1,339,164,000 | 1,350,650,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,876,000 | 6,059,000 | 5,679,000 | 6,397,000 |
Total operating costs | 14,903,000 | 14,130,000 | 13,552,000 | 13,128,000 |
Operating result | -9,027,000 | -8,070,000 | -7,873,000 | -6,731,000 |
Financial income/costs | 164,084,000 | 0 | 0 | 0 |
Profit before tax | 155,057,000 | 134,674,000 | 2,449,000 | 98,056,000 |
Total tax & extraordinary income/cost | -254,000 | -167,000 | 0 | 0 |
Annual Total Result | 155,311,000 | 134,841,000 | 2,449,000 | 98,056,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,273,991,000 | 1,169,363,000 | 1,285,885,000 | 1,302,341,000 |
Total current assets | 92,545,000 | 58,622,000 | 83,922,000 | 77,556,000 |
Total assets | 1,366,537,000 | 1,227,986,000 | 1,369,807,000 | 1,379,897,000 |
Short term debt | 22,333,000 | 20,128,000 | 21,865,000 | 20,643,000 |
Long term debt | 0 | 0 | 8,778,000 | 8,604,000 |
Total liabilities | 22,333,000 | 20,128,000 | 30,643,000 | 29,247,000 |
Contributed capital | 2,025,000 | 2,025,000 | 2,426,000 | 2,426,000 |
Retained earnings | 1,342,179,000 | 1,205,833,000 | 1,336,738,000 | 1,348,224,000 |
Total equity | 1,344,204,000 | 1,207,857,000 | 1,339,164,000 | 1,350,650,000 |
Total equity and liabilities | 1,366,537,000 | 1,227,986,000 | 1,369,807,000 | 1,379,897,000 |
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