SEAFRONT GROUP AS
Links
Organization
- CEO
- MÅ
Morten Årikstad1972
- Chairman of the board
- MÅ
Morten Årikstad1972
- Years since formation
- 22 years
- since Aug 30, 2003
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 756,663
- 1 share class
- Total number of shareholders
- 4
- 3 companies, 1 person
- Belongs to group of
Financials
- Total operating income 2024
- 7,213,515
- NOK
- Annual total result 2024
- 100,020,330
- NOK
- Total equity 2024
- 51,570,102
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MÅ 1972 | Managing Director/CEO | 87.18 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
MÅ 1972 | Chairman | 87.18 % indirectly |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MÅ 1972 | Managing Director/CEO, Chairman | 87.18 % indirectly |
EA 1961 | - | 7.88 % indirectly |
LR | - | 2.92 % directly |
KA | - | 2.03 % indirectly |
Last update: Oct 3, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 659,634 | 87.18 % | |
| Ordinary shares | 59,590 | 7.88 % | |
LR | Ordinary shares | 22,071 | 2.92 % |
| Ordinary shares | 15,368 | 2.03 % |
Shares owned by the SEAFRONT GROUP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 80 | 100 % | |
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 10,000 | 100 % | |
| Ordinary shares | 60 | 60 % | |
| Ordinary shares | 600 | 60 % | |
| Ordinary shares | 6,419 | 49 % | |
| Ordinary shares | 21 | 3.28 % | |
| Ordinary shares | 1 | 2.17 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -827,378Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 7,213,515 | 7,223,454 | 3,692,780 | 3,284,809 |
Annual Total Result | 100,020,330 | -2,258,176 | -560,371 | 730,553 |
Total assets | 140,371,278 | 50,018,192 | 44,723,123 | 49,104,009 |
Total liabilities | 88,801,177 | 33,468,421 | 25,915,176 | 29,735,690 |
Total equity | 51,570,102 | 16,549,771 | 18,807,947 | 19,368,318 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 7,213,515 | 7,223,454 | 3,692,780 | 3,284,809 |
Total operating costs | 8,154,863 | 7,143,054 | 4,115,468 | 3,840,499 |
Operating result | -941,349 | 80,400 | -422,688 | -555,690 |
Financial income/costs | 100,961,679 | -2,338,576 | -137,683 | 1,286,243 |
Profit before tax | 100,020,330 | -2,258,176 | -560,371 | 730,553 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 100,020,330 | -2,258,176 | -560,371 | 730,553 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 32,184,512 | 43,156,374 | 40,524,272 | 40,275,838 |
Total current assets | 108,186,766 | 6,861,818 | 4,198,851 | 8,828,170 |
Total assets | 140,371,278 | 50,018,192 | 44,723,123 | 49,104,009 |
Short term debt | 86,376,177 | 30,143,421 | 19,382,645 | 23,800,137 |
Long term debt | 2,425,000 | 3,325,000 | 6,532,531 | 5,935,553 |
Total liabilities | 88,801,177 | 33,468,421 | 25,915,176 | 29,735,690 |
Contributed capital | 12,306,841 | 12,306,841 | 12,306,841 | 12,306,841 |
Retained earnings | 39,263,261 | 4,242,930 | 6,501,106 | 7,061,477 |
Total equity | 51,570,102 | 16,549,771 | 18,807,947 | 19,368,318 |
Total equity and liabilities | 140,371,278 | 50,018,192 | 44,723,123 | 49,104,009 |
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