VELO CITY AS
Organization
- CEO
- AK
- Chairman of the board
- AK
- Years since formation
- 11 years
- since Mar 25, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 4
- 1 company, 3 persons
Financials
- Total operating income 2024
- 15,907,014
- NOK
- Annual total result 2024
- -802,373
- NOK
- Total equity 2024
- -563,427
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AK | Managing Director/CEO | 40 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AK | Chairman | 40 % directly |
AG 1978 | Board Member | 13.5 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AK | Managing Director/CEO, Chairman | 40 % directly |
TB 1949 | - | 25 % directly |
UG 1975 | - | 21.5 % indirectly |
AG 1978 | Board Member | 13.5 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AK | Ordinary shares | 400 | 40 % |
TB 1949 | Ordinary shares | 250 | 25 % |
| Ordinary shares | 215 | 21.5 % | |
AG 1978 | Ordinary shares | 135 | 13.5 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,907,014 | 17,527,178 | 16,853,894 | 13,744,740 |
Annual Total Result | -802,373 | -594,194 | 1,123,533 | 1,427,536 |
Total assets | 6,012,916 | 7,425,280 | 5,235,521 | 4,034,559 |
Total liabilities | 6,576,343 | 6,011,333 | 3,227,381 | 3,149,952 |
Total equity | -563,427 | 1,413,947 | 2,008,140 | 884,607 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,907,014 | 17,527,178 | 16,853,894 | 13,744,740 |
Total operating costs | 16,710,890 | 18,123,686 | 15,729,054 | 12,317,287 |
Operating result | -803,876 | -596,508 | 1,124,840 | 1,427,454 |
Financial income/costs | 1,502 | 2,315 | 0 | 82 |
Profit before tax | -802,373 | -594,194 | 1,124,840 | 1,427,536 |
Total tax & extraordinary income/cost | 0 | 0 | 1,307 | 0 |
Annual Total Result | -802,373 | -594,194 | 1,123,533 | 1,427,536 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 47,758 | 63,748 | 9,190 | 15,690 |
Total current assets | 5,965,158 | 7,361,531 | 5,226,331 | 4,018,869 |
Total assets | 6,012,916 | 7,425,280 | 5,235,521 | 4,034,559 |
Short term debt | 6,576,343 | 6,011,333 | 3,227,381 | 3,149,952 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 6,576,343 | 6,011,333 | 3,227,381 | 3,149,952 |
Contributed capital | 994,334 | 2,169,334 | 2,169,334 | 2,169,334 |
Retained earnings | -1,557,761 | -755,387 | -161,194 | -1,284,727 |
Total equity | -563,427 | 1,413,947 | 2,008,140 | 884,607 |
Total equity and liabilities | 6,012,916 | 7,425,280 | 5,235,521 | 4,034,559 |
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