GAC NORWAY AS
GAC- Shipping, Logistics & Marine Services | GAC
GAC is the leading shipping & logistics company which offers complete logistics, freight forwarding & marine services with a globally known, world-class…
Organization
- CEO
- AØ
Ahmet Øzsoy1956
- Chairman of the board
- MR
Mikael Rødseth1977
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 116
Ownership
- Number of shares and share classes
- 500
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 189,169,135
- NOK
- Annual total result 2024
- 13,868,850
- NOK
- Total equity 2024
- 12,154,612
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AØ 1956 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TH 1974 | Board Member | - |
MR 1977 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SO | - | 10.2 % indirectly |
ES 1991 | - | 4.9 % indirectly |
SS 1986 | - | 4.9 % indirectly |
Last update: Apr 25, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 400 | 80 % | |
| Ordinary shares | 100 | 20 % |
Shares owned by the GAC NORWAY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2 | 0.61 % | |
| NO0010778095 | 31,113 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 189,169,135 | 193,155,015 | 187,047,643 | 155,189,682 |
Annual Total Result | 13,868,850 | 18,861,918 | 22,220,638 | 9,861,195 |
Total assets | 163,703,396 | 169,381,166 | 191,658,603 | 146,567,390 |
Total liabilities | 151,548,785 | 145,095,403 | 163,734,758 | 132,864,183 |
Total equity | 12,154,612 | 24,285,762 | 27,923,844 | 13,703,207 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 189,169,135 | 193,155,015 | 187,047,643 | 155,189,682 |
Total operating costs | 171,311,186 | 169,334,480 | 157,811,984 | 142,388,569 |
Operating result | 17,857,949 | 23,820,535 | 29,235,659 | 12,801,113 |
Financial income/costs | 163,780 | 606,739 | -563,917 | -65,363 |
Profit before tax | 18,021,730 | 24,427,274 | 28,671,742 | 12,735,750 |
Total tax & extraordinary income/cost | 4,152,880 | 5,565,356 | 6,451,104 | 2,874,555 |
Annual Total Result | 13,868,850 | 18,861,918 | 22,220,638 | 9,861,195 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 6,329,326 | 9,229,780 | 10,238,695 | 12,707,102 |
Total current assets | 157,374,070 | 160,151,386 | 181,419,908 | 133,860,288 |
Total assets | 163,703,396 | 169,381,166 | 191,658,603 | 146,567,390 |
Short term debt | 147,935,292 | 141,825,032 | 161,332,189 | 130,911,482 |
Long term debt | 3,613,493 | 3,270,372 | 2,402,569 | 1,952,701 |
Total liabilities | 151,548,785 | 145,095,403 | 163,734,758 | 132,864,183 |
Contributed capital | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 |
Retained earnings | 10,654,612 | 22,785,762 | 26,423,844 | 12,203,207 |
Total equity | 12,154,612 | 24,285,762 | 27,923,844 | 13,703,207 |
Total equity and liabilities | 163,703,396 | 169,381,166 | 191,658,603 | 146,567,390 |
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