NAARDIC AS

Operating

Administrative, tekniske, finansielle og økonomiske tjenester til andre selskaper i konsernet. Herunder også utleie av personell internt i konsernet og eksternt. Kjøp, salg og forvaltning av immaterielle rettigheter, herunder patenter, varemerker, design og lisenser. Andre produkter eller tjenester som naturlig hører inn under dette, herunder kjøp og salg av aksjer eller på annen måte delta i andre virksomheter.

Investeringsselskap, herunder investeringer i aksjer, andeler i selskap etter selskapsloven og utenlandske selskaper, obligasjoner, fast eiendom, og annet som står i naturlig forbindelse med dette.

Keywords

health clubsfitness clubsbodybuilding clubs

Organization

CEO: VL
Vibeke Lugg1969
Chairman of the board: JD
Johnny Duedahl1971
Years since formation: 7 years; since Jun 14, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 5

Ownership

Number of shares and share classes: 327,543,206; 1 share class
Total number of shareholders: 141; 48 companies, 93 persons
Belongs to group of

Financials

Total operating income 2025: 2,567,129; NOK
Annual total result 2025: -22,081,277; NOK
Total equity 2025: 133,874; NOK

Last update: Oct 7, 2026

Management

Management / administration

Name	Role	Shares
VL Vibeke Lugg 1969	Managing Director/CEO	-

Board

Name	Role	Shares
JD Johnny Duedahl 1971	Chairman	-

Others

Name	Role	Shares
A AST REGNSKAP AS	Accountant	-
C CROWE PARTNER REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
GT Gjedebo Tore 1974	-	61.06 % indirectly
KS Kyllingstad Ståle 1960	-	12.74 % indirectly
BB Bølgen Bronebakk Jakob 1976	-	10.18 % indirectly
BA Bonnez Anette 1980	-	3.05 % indirectly
SL Sunde Løseth Lars 1982	-	2.57 % indirectly
HS Herman Svartdahl Jens 1975	-	1.54 % indirectly

Last update: Oct 7, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
I INVESTORE FINANS AS	Ordinary shares	200,010,346	61.06 %
R RVK INVEST AS	Ordinary shares	41,719,007	12.74 %
K KTRL AS	Ordinary shares	33,333,333	10.18 %
M MOVEMENT IS MEDICINE AS	Ordinary shares	10,000,000	3.05 %
L LSL HOLDING AS	Ordinary shares	8,416,359	2.57 %
SA Suya Ab	Ordinary shares	6,666,666	2.04 %
A A. HOLDER AS	Ordinary shares	5,642,474	1.72 %
HM Hornnes Morten 1978	Ordinary shares	2,717,567	0.83 %
D D. HOLDER AS	Ordinary shares	2,235,612	0.68 %
P PINEAPPLE HOLDING AS	Ordinary shares	1,615,217	0.49 %
BH Blakstad Henrik 1980	Ordinary shares	1,499,984	0.46 %
H HELLES AS	Ordinary shares	1,254,718	0.38 %
K KVILE INVEST AS	Ordinary shares	1,242,700	0.38 %
MT Mollestad Terje 1978	Ordinary shares	1,055,700	0.32 %
A AGILIS AS	Ordinary shares	968,400	0.3 %
VE Vike Engum Vegard 1990	Ordinary shares	782,000	0.24 %
AC Andersen Cathrine 1972	Ordinary shares	671,077	0.2 %
A ARKIV & LAGER AS	Ordinary shares	605,945	0.18 %
WE Wilhelm Engebretsen Knut 1949	Ordinary shares	549,634	0.17 %
D DINKYTOWN VENTURES AS	Ordinary shares	511,857	0.16 %
A ANNEMA HOLDING AS	Ordinary shares	484,200	0.15 %
MU Magnus Urdal Ole 1981	Ordinary shares	458,077	0.14 %
P PETERSHEIM HOLDING AS	Ordinary shares	423,922	0.13 %
HG Helge Grepstad Jo 1974	Ordinary shares	390,100	0.12 %
OT Ottesen Tangerås Christer 1970	Ordinary shares	317,267	0.1 %
HO Hjortdahl Oma Eline 1981	Ordinary shares	270,833	0.08 %
C CHAPTERS AS	Ordinary shares	270,000	0.08 %
GJ Gjesback Johansen Trude 1971	Ordinary shares	232,208	0.07 %
L LOFTANDER AS	Ordinary shares	219,000	0.07 %
SV Skrede Vaardal-Lunde Anders 1979	Ordinary shares	202,100	0.06 %
H HOGI AS	Ordinary shares	199,980	0.06 %
VC Vaslestad Caroline 1983	Ordinary shares	167,280	0.05 %
L LINK TWO GP AS	Ordinary shares	162,487	0.05 %
HH Håkon Hovland Ole 1986	Ordinary shares	140,693	0.04 %
MT Myklebust Thor 1961	Ordinary shares	140,600	0.04 %
L LINK ONE GP AS	Ordinary shares	134,728	0.04 %
SI Sundland Ingvild 1987	Ordinary shares	120,400	0.04 %
WI Willi Isaksen Trond 1982	Ordinary shares	117,600	0.04 %
SG Solvang Grova Richard 1998	Ordinary shares	114,406	0.03 %
T TRENINGSLEGEN AS	Ordinary shares	109,400	0.03 %
BM Bjertness Martin 1985	Ordinary shares	100,138	0.03 %
PN Petter Nath Norden Johan 1978	Ordinary shares	92,859	0.03 %
SÅ Skulstad Åmot Håvard 1985	Ordinary shares	84,152	0.03 %
RØ Røssel Ødegaard Trine 1982	Ordinary shares	80,692	0.02 %
B BUSSE AS	Ordinary shares	70,200	0.02 %
SB Stavik Benedicte 1982	Ordinary shares	67,300	0.02 %
BW Bothner Wessel Cathrine 1982	Ordinary shares	67,300	0.02 %
VI Valstad Ivar 1948	Ordinary shares	66,525	0.02 %
LA Langli Aleksander 1995	Ordinary shares	65,717	0.02 %
N NAARDIC AS	Ordinary shares	63,916	0.02 %
SJ Setså Jensen Kjersti 1982	Ordinary shares	60,600	0.02 %
ST Storemark Taule Fredrik 1987	Ordinary shares	55,761	0.02 %
A ASSISTANCE SYSTEMS AS	Ordinary shares	54,723	0.02 %
KJ Klanderud Jostein 1960	Ordinary shares	53,608	0.02 %
M MESKESTAD HOLDING AS Under liquidation	Ordinary shares	50,000	0.02 %
WT Westernes Tegtmeier Ingrid 1983	Ordinary shares	40,400	< 0.01 %
BA Bakken Aaseth Adrian 1992	Ordinary shares	38,467	< 0.01 %
Y YNGVE HØISETH AS	Ordinary shares	31,862	< 0.01 %
NT Nygard Tvilde Britt 1984	Ordinary shares	26,543	< 0.01 %
CG Cecilie Guneriussen Anne 1967	Ordinary shares	26,442	< 0.01 %
V VAIMA AS	Ordinary shares	10,761	< 0.01 %
HV Håkon Vildgren Kurt 1968	Ordinary shares	10,165	< 0.01 %
TN Tufekcic Nikola 1990	Ordinary shares	10,000	< 0.01 %
KB Kaupang Bjørn 1985	Ordinary shares	7,000	< 0.01 %
HP Haagensen Per 1969	Ordinary shares	7,000	< 0.01 %
NG Norland Geir 1979	Ordinary shares	7,000	< 0.01 %
TJ Tarjem Julie 1992	Ordinary shares	6,920	< 0.01 %
O OLD GREENWICH HOLDING AS	Ordinary shares	6,920	< 0.01 %
R RVH HOLDING AS	Ordinary shares	6,900	< 0.01 %
TF Tollman Fosse Ingvill 1980	Ordinary shares	6,900	< 0.01 %
H HAKRIS INVEST AS	Ordinary shares	6,600	< 0.01 %
H HCE INVEST AS	Ordinary shares	6,200	< 0.01 %
P PANTHER HOLDING AS	Ordinary shares	6,000	< 0.01 %
HV Hollerud Våpenstad Sigmund 1987	Ordinary shares	3,460	< 0.01 %
HØ Hauge Øivind 1983	Ordinary shares	3,460	< 0.01 %
JB Jacqueline Bekkeseth Nicole 1984	Ordinary shares	3,400	< 0.01 %
GB Gustav Blom Per 1959	Ordinary shares	3,290	< 0.01 %
AM Agnete Madsø Helle 1971	Ordinary shares	3,290	< 0.01 %
R REFSNES INVESTERING AS	Ordinary shares	3,164	< 0.01 %
HG Hovland Gunnar 1965	Ordinary shares	3,000	< 0.01 %
ØA Øvre Anders 1989	Ordinary shares	2,853	< 0.01 %
B BABYBELLY AS	Ordinary shares	2,751	< 0.01 %
A AANDSTAD HOLDING AS	Ordinary shares	2,500	< 0.01 %
KG Kristin Gade Sidsel 1962	Ordinary shares	2,352	< 0.01 %
M M SOLBAKKEN AS	Ordinary shares	2,214	< 0.01 %
MH Martin Holten Dag 1988	Ordinary shares	2,145	< 0.01 %
OK Olsen Kent-Ole 1988	Ordinary shares	2,100	< 0.01 %
S SUNDFJORD AS	Ordinary shares	2,100	< 0.01 %
T TRINE ELVERUM AS	Ordinary shares	2,100	< 0.01 %
B BUMBLEBEEBAY INVEST AS	Ordinary shares	1,540	< 0.01 %
RE Reiten Erlend 1985	Ordinary shares	1,375	< 0.01 %
AD Arild Dahl Tom 1954	Ordinary shares	1,138	< 0.01 %
W WEBTRADE AS	Ordinary shares	1,038	< 0.01 %
KB Konrad Bergaust Eikeland Edvard 1985	Ordinary shares	1,038	< 0.01 %
EM Ekkje Mari 1981	Ordinary shares	1,038	< 0.01 %
KH Kristoffer Hovland Flaaten Magnus 1980	Ordinary shares	1,038	< 0.01 %
RN Rogdaberg Næs Mikkel 1992	Ordinary shares	1,000	< 0.01 %
GD Gabriel Dokk Smith Lars 1988	Ordinary shares	1,000	< 0.01 %
G GALTØS INVEST AS	Ordinary shares	1,000	< 0.01 %
S SHP INVEST AS	Ordinary shares	1,000	< 0.01 %

Shares owned by the NAARDIC AS

Name	Share class	Total number of shares	Share
N NAARDIC TECH AS	Ordinary shares	10,000	100 %
N NAARDIC TRAINING AS	Ordinary shares	10,000	100 %
N NAARDIC AS	Ordinary shares	63,916	0.02 %

Last update: Sep 25, 2026

Group structure

INVESTORE AS
Total operating income 2025: NOK 0
Operating profit 2025: NOK -53,419
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	2,567,129	2,590,630	2,354,893	3,685,509	4,235,312
Annual Total Result	-22,081,277	-4,028,740	-1,927,364	-2,186,056	-4,467,251
Total assets	15,308,987	29,111,239	22,856,328	26,205,550	20,583,314
Total liabilities	15,175,113	8,821,943	5,764,731	8,286,569	4,835,261
Total equity	133,874	20,289,296	17,091,597	17,918,981	15,748,053

P&L

Year	2025	2024	2023	2022	2021
Total operating income	2,567,129	2,590,630	2,354,893	3,685,509	4,235,312
Total operating costs	24,989,719	7,074,527	5,166,538	6,575,586	8,674,696
Operating result	-22,422,589	-4,483,897	-2,811,645	-2,890,077	-4,439,384
Financial income/costs	341,313	455,157	884,281	704,021	-27,867
Profit before tax	-22,081,277	-4,028,740	-1,927,364	-2,186,056	-4,467,251
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	-22,081,277	-4,028,740	-1,927,364	-2,186,056	-4,467,251

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	13,358,504	22,335,046	21,455,482	20,915,739	17,555,791
Total current assets	1,950,482	6,776,193	1,400,847	5,289,811	3,027,522
Total assets	15,308,987	29,111,239	22,856,328	26,205,550	20,583,314
Short term debt	9,883,443	4,921,943	3,033,873	5,582,290	2,088,430
Long term debt	0	3,900,000	2,730,858	2,704,279	2,746,831
Total liabilities	15,175,113	8,821,943	5,764,731	8,286,569	4,835,261
Contributed capital	22,215,151	20,289,296	17,091,597	24,921,354	20,564,369
Retained earnings	-22,081,277	0	0	-7,002,373	-4,816,316
Total equity	133,874	20,289,296	17,091,597	17,918,981	15,748,053
Total equity and liabilities	15,308,987	29,111,239	22,856,328	26,205,550	20,583,314

Classification

21st company classification

BETA

Scaleup

NAARDIC AS922 896 666

NAARDIC AS

Keywords

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the NAARDIC AS

Group structure

Financials

Summary

P&L

Balance overview

Classification