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M

M&G HOLDING AS913 676 084

Purchase and sale
Limited company
Strømdal terrasse 46 3718 SKIEN, Norge

Organization

Chairman of the board
Years since formation
11 years
since May 23, 2014
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
530,000
1 share class
Total number of shareholders
2
1 company, 1 person
Belongs to group of

Financials

Annual total result 2024
-36,066
NOK
Total equity 2024
1,807,511
NOK
Last update: Sep 10, 2025

Management

Board

NameRoleShares
Chairman
60 %
indirectly
Board Member
20 %
directly

Others

NameRoleShares
B
BDO AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Chairman
60 %
indirectly
Board Member
20 %
directly
-
20 %
indirectly
Last update: Aug 16, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
V
VARG MANAGEMENT AS
Ordinary shares
424,000
80 %
Ordinary shares
106,000
20 %

Shares owned by the M&G HOLDING AS

NameShare classTotal number of sharesShare
M
MOTOR & GEAR AS
Ordinary shares
800
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 205,244
    Operating profit 2024: NOK -1,687,512
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
0
0
0
0
Annual Total Result
-36,066
-4,796
454,495
404,078
Total assets
3,682,832
4,630,711
4,547,025
4,051,644
Total liabilities
1,875,321
2,787,134
2,698,652
2,657,766
Total equity
1,807,511
1,843,577
1,848,372
1,393,878

P&L

Year2024202320222021
Total operating income
0
0
0
0
Total operating costs
36,054
21,126
16,738
16,644
Operating result
-36,054
-21,126
-16,738
-16,644
Financial income/costs
-12
16,330
474,252
534,693
Profit before tax
-36,066
-4,796
457,515
518,049
Total tax & extraordinary income/cost
0
0
3,020
113,971
Annual Total Result
-36,066
-4,796
454,495
404,078

Balance overview

Year2024202320222021
Total fixed assets
3,680,000
3,380,000
3,380,000
3,380,000
Total current assets
2,832
1,250,711
1,167,025
671,644
Total assets
3,682,832
4,630,711
4,547,025
4,051,644
Short term debt
1,875,321
1,968,179
1,627,902
1,347,852
Long term debt
0
818,956
1,070,751
1,309,914
Total liabilities
1,875,321
2,787,134
2,698,652
2,657,766
Contributed capital
530,000
530,000
530,000
530,000
Retained earnings
1,277,511
1,313,577
1,318,372
863,878
Total equity
1,807,511
1,843,577
1,848,372
1,393,878
Total equity and liabilities
3,682,832
4,630,711
4,547,025
4,051,644

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
Standard industrial classification
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
47
Activity
Retail trade, except of motor vehicles and motorcycles
47.8
Main industrial group
Retail sale via stalls and markets
47.81
Industrial group
Retail sale via stalls and markets of food, beverages and tobacco products
47.810
Industrial group
Retail sale via stalls and markets of food, beverages and tobacco products