SYSTEM1 AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Links
Organization
- CEO
- LF
- Chairman of the board
- EL
- Years since formation
- 20 years
- since Oct 26, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 34
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 99,722,172
- NOK
- Annual total result 2024
- 5,784,275
- NOK
- Total equity 2024
- 12,459,957
- NOK
Last update: Jul 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LF | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
EL | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ÅA 1965 | - | 4.73 % indirectly |
GH 1963 | - | 4.05 % indirectly |
RS 1963 | - | 2.87 % indirectly |
HO | - | 1.73 % indirectly |
TS | - | 1.73 % indirectly |
JO | - | 1.73 % indirectly |
JM 1966 | - | 1.59 % indirectly |
RT 1972 | - | 1.34 % indirectly |
GS | - | 1.3 % indirectly |
Last update: Apr 19, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -2,343,032Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 99,722,172 | 122,731,646 | 100,132,470 | 75,596,581 |
Annual Total Result | 5,784,275 | 7,950,942 | 5,795,711 | 4,426,723 |
Total assets | 31,783,773 | 48,055,818 | 30,481,590 | 24,164,762 |
Total liabilities | 19,323,816 | 35,973,247 | 23,619,962 | 17,495,550 |
Total equity | 12,459,957 | 12,082,570 | 6,861,629 | 6,669,213 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 99,722,172 | 122,731,646 | 100,132,470 | 75,596,581 |
Total operating costs | 92,538,569 | 112,570,120 | 92,652,904 | 69,908,617 |
Operating result | 7,183,603 | 10,161,525 | 7,479,566 | 5,687,963 |
Financial income/costs | 246,598 | 63,824 | -43,867 | -9,694 |
Profit before tax | 7,430,201 | 10,225,350 | 7,435,699 | 5,678,269 |
Total tax & extraordinary income/cost | 1,645,926 | 2,274,408 | 1,639,988 | 1,251,546 |
Annual Total Result | 5,784,275 | 7,950,942 | 5,795,711 | 4,426,723 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,306,545 | 1,310,523 | 1,041,394 | 999,573 |
Total current assets | 30,477,228 | 46,745,294 | 29,440,196 | 23,165,190 |
Total assets | 31,783,773 | 48,055,818 | 30,481,590 | 24,164,762 |
Short term debt | 19,029,879 | 35,753,688 | 23,546,322 | 17,481,482 |
Long term debt | 293,937 | 219,559 | 73,640 | 14,068 |
Total liabilities | 19,323,816 | 35,973,247 | 23,619,962 | 17,495,550 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 12,359,957 | 11,982,570 | 6,761,629 | 6,569,213 |
Total equity | 12,459,957 | 12,082,570 | 6,861,629 | 6,669,213 |
Total equity and liabilities | 31,783,773 | 48,055,818 | 30,481,590 | 24,164,762 |
Classification
Category
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
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings