POLARBAD VEST AS
Organization
- CEO
- FV
Frank Vedeld1967
- Chairman of the board
- FV
Frank Vedeld1967
- Years since formation
- 3 years
- since Jan 21, 2022
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 12
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 26,846,029
- NOK
- Annual total result 2024
- 105,228
- NOK
- Total equity 2024
- 9,075,552
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
FV 1967 | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
FV 1967 | Chairman | 50 % indirectly |
LL | Board Member | 50 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LL | Board Member | 50 % indirectly |
FV 1967 | Managing Director/CEO, Chairman | 50 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -24,592Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 26,846,029 | 23,237,914 | 30,702,972 |
Annual Total Result | 105,228 | -177,824 | 1,403,438 |
Total assets | 16,896,918 | 16,567,202 | 17,959,408 |
Total liabilities | 7,821,366 | 7,596,877 | 8,811,260 |
Total equity | 9,075,552 | 8,970,325 | 9,148,149 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 26,846,029 | 23,237,914 | 30,702,972 |
Total operating costs | 26,484,834 | 23,260,393 | 28,854,316 |
Operating result | 361,195 | -22,479 | 1,848,656 |
Financial income/costs | -195,162 | -202,654 | -101,548 |
Profit before tax | 166,033 | -225,133 | 1,747,107 |
Total tax & extraordinary income/cost | 60,805 | -47,309 | 343,669 |
Annual Total Result | 105,228 | -177,824 | 1,403,438 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 455,723 | 494,355 | 985,513 |
Total current assets | 16,441,195 | 16,072,847 | 16,973,896 |
Total assets | 16,896,918 | 16,567,202 | 17,959,408 |
Short term debt | 6,817,868 | 5,851,798 | 8,469,146 |
Long term debt | 1,003,498 | 1,745,079 | 342,114 |
Total liabilities | 7,821,366 | 7,596,877 | 8,811,260 |
Contributed capital | 250,000 | 250,000 | 250,000 |
Retained earnings | 8,825,552 | 8,720,325 | 8,898,149 |
Total equity | 9,075,552 | 8,970,325 | 9,148,149 |
Total equity and liabilities | 16,896,918 | 16,567,202 | 17,959,408 |
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