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NORSE DEVELOPMENT AS916 823 614

Limited company
C/O Erlend Harald Kittelsen Gray Kalveslette 5 3560 HEMSEDAL, Norge

NORSE DEVELOPMENT AS

Organization

Chairman of the board
Years since formation
9 years
since Mar 11, 2016
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
30,000
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Annual total result 2024
-7,322,304
NOK
Total equity 2024
-8,642,017
NOK
Last update: Sep 9, 2025

Management

Board

NameRoleShares
Contact Person, Board Member
50 %
indirectly
Chairman
11.88 %
indirectly
Board Member
35.63 %
indirectly

Top 10 individual shareholders

NameRoleShares
Contact Person, Board Member
50 %
indirectly
Board Member
35.63 %
indirectly
Chairman
11.88 %
indirectly
-
2.5 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
H
HOLMETJERN INVEST AS
Ordinary shares
15,000
50 %
E
EHKG INVEST AS
Ordinary shares
15,000
50 %

Shares owned by the NORSE DEVELOPMENT AS

NameShare classTotal number of sharesShare
N
NORSETEAM AS
Ordinary shares
30,000
100 %
N
NORSELINK AS
Ordinary shares
30,000
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 0
    Operating profit 2024: NOK -7,136,542
    Employees: 0

Financials

in NOK

Summary

Year202420232022
Total operating income
0
0
0
Annual Total Result
-7,322,304
-160,606
-145,795
Total assets
162,486
6,283,852
5,063,878
Total liabilities
8,804,503
7,603,565
6,222,985
Total equity
-8,642,017
-1,319,713
-1,159,107

P&L

Year202420232022
Total operating income
0
0
0
Total operating costs
7,136,542
17,142
40,156
Operating result
-7,136,542
-17,142
-40,156
Financial income/costs
-185,762
-143,464
-105,638
Profit before tax
-7,322,304
-160,606
-145,795
Total tax & extraordinary income/cost
0
0
0
Annual Total Result
-7,322,304
-160,606
-145,795

Balance overview

Year202420232022
Total fixed assets
60,000
6,255,678
5,055,718
Total current assets
102,486
28,174
8,159
Total assets
162,486
6,283,852
5,063,878
Short term debt
13,956
0
4,988
Long term debt
8,790,547
7,603,565
6,217,997
Total liabilities
8,804,503
7,603,565
6,222,985
Contributed capital
30,000
30,000
30,000
Retained earnings
-8,672,017
-1,349,713
-1,189,107
Total equity
-8,642,017
-1,319,713
-1,159,107
Total equity and liabilities
162,486
6,283,852
5,063,878

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