MOVAFAGH AS
Organization
- CEO
- AG
- Chairman of the board
- AG
- Years since formation
- 12 years
- since Jan 9, 2013
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 4,440,127
- NOK
- Annual total result 2024
- 1,048,112
- NOK
- Total equity 2024
- 30,384
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AG | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AG | Chairman | 100 % directly |
FM 1970 | Board Member | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AG | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AG | Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,440,127 | 4,625,345 | 4,177,051 | 4,637,945 |
Annual Total Result | 1,048,112 | 734,839 | 530,891 | 1,097,878 |
Total assets | 1,009,412 | 1,607,167 | 1,326,066 | 2,147,050 |
Total liabilities | 979,027 | 1,574,895 | 1,278,630 | 2,115,506 |
Total equity | 30,384 | 32,273 | 47,435 | 31,544 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,440,127 | 4,625,345 | 4,177,051 | 4,637,945 |
Total operating costs | 3,056,210 | 3,640,231 | 3,505,578 | 3,218,887 |
Operating result | 1,383,917 | 985,114 | 671,473 | 1,419,058 |
Financial income/costs | -15,127 | -17,247 | -11,023 | -11,209 |
Profit before tax | 1,368,790 | 967,867 | 660,450 | 1,407,849 |
Total tax & extraordinary income/cost | 320,678 | 233,028 | 129,559 | 309,971 |
Annual Total Result | 1,048,112 | 734,839 | 530,891 | 1,097,878 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 180,566 | 555,988 | 716,983 | 957,478 |
Total current assets | 828,846 | 1,051,179 | 609,083 | 1,189,572 |
Total assets | 1,009,412 | 1,607,167 | 1,326,066 | 2,147,050 |
Short term debt | 677,111 | 1,237,566 | 899,928 | 1,698,013 |
Long term debt | 301,916 | 337,329 | 378,702 | 417,493 |
Total liabilities | 979,027 | 1,574,895 | 1,278,630 | 2,115,506 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 384 | 2,273 | 17,435 | 1,544 |
Total equity | 30,384 | 32,273 | 47,435 | 31,544 |
Total equity and liabilities | 1,009,411 | 1,607,168 | 1,326,065 | 2,147,050 |
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