REITH OG SANDSUND AS
Organization
- CEO
- MS
Magne Sandsund1970
- Chairman of the board
- MS
Magne Sandsund1970
- Years since formation
- 11 years
- since Feb 20, 2014
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 1,935,371
- NOK
- Annual total result 2024
- 444,776
- NOK
- Total equity 2024
- 915,763
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MS 1970 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MS 1970 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MS 1970 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MS 1970 | Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,935,371 | 1,787,865 | 1,585,662 | 1,650,568 |
Annual Total Result | 444,776 | 347,015 | 94,091 | 350,622 |
Total assets | 1,300,993 | 1,158,714 | 785,821 | 886,093 |
Total liabilities | 385,230 | 401,888 | 226,010 | 420,370 |
Total equity | 915,763 | 756,826 | 559,811 | 465,723 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,935,371 | 1,787,865 | 1,585,662 | 1,650,568 |
Total operating costs | 1,363,575 | 1,345,313 | 1,447,761 | 1,255,008 |
Operating result | 571,796 | 442,552 | 137,901 | 395,560 |
Financial income/costs | -1,186 | 45 | 8 | -60 |
Profit before tax | 570,610 | 442,597 | 137,909 | 395,500 |
Total tax & extraordinary income/cost | 125,834 | 95,582 | 43,818 | 44,878 |
Annual Total Result | 444,776 | 347,015 | 94,091 | 350,622 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 504,491 | 584,960 | 320,436 | 376,244 |
Total current assets | 796,502 | 573,754 | 465,386 | 509,850 |
Total assets | 1,300,993 | 1,158,714 | 785,821 | 886,093 |
Short term debt | 368,843 | 391,448 | 226,010 | 420,370 |
Long term debt | 16,387 | 10,440 | 0 | 0 |
Total liabilities | 385,230 | 401,888 | 226,010 | 420,370 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 885,763 | 726,826 | 529,811 | 435,723 |
Total equity | 915,763 | 756,826 | 559,811 | 465,723 |
Total equity and liabilities | 1,300,993 | 1,158,714 | 785,821 | 886,093 |
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