M&G HOLDING AS • 913676084 • Skien • Wholesale and retail trade and repair of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

M&G HOLDING AS

Keywords

supporters

Organization

Chairman of the board: IV
Inge Vikesdal1964
Years since formation: 10 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 2023: -4,796; NOK
Total equity 2023: 1,843,577; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
IV Inge Vikesdal 1964	Chairman	60 % indirectly
MG Morten Galteland 1978	Board Member	20 % directly

Others

Name	Role	Shares
S SPAREBANK 1 REGNSKAPSHUSET SØRØST-NORGE AS	Accountant	-
B BDO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
IV Inge Vikesdal 1964	Chairman	60 % indirectly
MG Morten Galteland 1978	Board Member	20 % directly
SV Sara Kasin Vikesdal 1991	-	20 % indirectly

Last update: Aug 16, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
V VARG MANAGEMENT AS	Ordinary shares	424,000	80 %
MG Morten Galteland 1978	Ordinary shares	106,000	20 %

Shares owned by the M&G HOLDING AS

Name	Share class	Number of shares	Share
M MOTOR & GEAR AS	Ordinary shares	200	100 %

Last update: May 24, 2024

Group structure

VARG MANAGEMENT AS
Total operating income 2023: NOK 1,016,212
Operating profit 2023: NOK -293,157
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	0
Annual Total Result	-4,796	454,495	404,078
Total assets	4,630,711	4,547,025	4,051,644
Total liabilities	2,787,134	2,698,652	2,657,766
Total equity	1,843,577	1,848,372	1,393,878

P&L

Year	2023	2022	2021
Total operating income	0	0	0
Total operating costs	21,126	16,738	16,644
Operating result	-21,126	-16,738	-16,644
Financial income/costs	16,330	474,252	534,693
Profit before tax	-4,796	457,515	518,049
Total tax & extraordinary income/cost	0	3,020	113,971
Annual Total Result	-4,796	454,495	404,078

Balance overview

Year	2023	2022	2021
Total fixed assets	3,380,000	3,380,000	3,380,000
Total current assets	1,250,711	1,167,025	671,644
Total assets	4,630,711	4,547,025	4,051,644
Short term debt	1,968,179	1,627,902	1,347,852
Long term debt	818,956	1,070,751	1,309,914
Total liabilities	2,787,134	2,698,652	2,657,766
Contributed capital	530,000	530,000	530,000
Retained earnings	1,313,577	1,318,372	863,878
Total equity	1,843,577	1,848,372	1,393,878
Total equity and liabilities	4,630,711	4,547,025	4,051,644

Classification

Category

Goods and trade

/ Purchase and sale

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

45

Activity

Wholesale and retail trade and repair of motor vehicles and motorcycles

45.1

Main industrial group

Sale of motor vehicles

45.11

Industrial group

Sale of cars and light motor vehicles

45.112

Industrial group

Retail sale of cars and light motor vehicles, except motorcycles