Organization
- Chairman of the board
- PB
Paul Børseth1964
- Years since formation
- 8 years
- since Dec 14, 2017
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -15,547,289
- NOK
- Total equity 2024
- 24,436,481
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
| Business Manager | - | |
PB 1964 | Chairman | - |
RG 1965 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Shares owned by the FRØYA INDUSTRIEIENDOM INVEST AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 128,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income -: NOKOperating profit -: NOKEmployees: 545
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -15,547,289 | -15,134,306 | -14,263,881 | -6,931,734 |
Total assets | 386,821,290 | 382,347,632 | 378,051,037 | 373,983,954 |
Total liabilities | 362,384,809 | 342,363,861 | 322,932,961 | 304,601,997 |
Total equity | 24,436,481 | 39,983,770 | 55,118,076 | 69,381,957 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 25,460 | 31,815 | 20,592 | 41,839 |
Operating result | -25,460 | -31,815 | -20,592 | -41,839 |
Financial income/costs | -19,906,962 | -19,371,142 | -18,266,434 | -8,844,947 |
Profit before tax | -19,932,422 | -19,402,957 | -18,287,026 | -8,886,786 |
Total tax & extraordinary income/cost | -4,385,133 | -4,268,651 | -4,023,145 | -1,955,052 |
Annual Total Result | -15,547,289 | -15,134,306 | -14,263,881 | -6,931,734 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 386,423,530 | 382,038,397 | 377,769,746 | 373,746,601 |
Total current assets | 397,760 | 309,235 | 281,291 | 237,353 |
Total assets | 386,821,290 | 382,347,632 | 378,051,037 | 373,983,954 |
Short term debt | -1,010 | 0 | 0 | 4,515 |
Long term debt | 362,385,819 | 342,363,861 | 322,932,961 | 304,597,482 |
Total liabilities | 362,384,809 | 342,363,861 | 322,932,961 | 304,601,997 |
Contributed capital | 92,859,792 | 92,859,792 | 92,859,792 | 92,859,792 |
Retained earnings | -68,423,311 | -52,876,022 | -37,741,716 | -23,477,835 |
Total equity | 24,436,481 | 39,983,770 | 55,118,076 | 69,381,957 |
Total equity and liabilities | 386,821,290 | 382,347,632 | 378,051,037 | 373,983,954 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1520
Public incorporated enterprises, owned by local government