N. MUNKHAUGEN HOLDING AS

Operating

Hestesport, kjøp og salg av hester samt tjenester knyttet til hestesport, i tillegg til investeringsvirksomhet herunder kjøp, salg og utleie av fast eiendom samt investering i aksjer, verdipapirer og fondsandeler og annen virksomhet beslektet med dette.

Hestesport, herunder kjøp og salg av hest og investeringsaktivitet i aksjer, fond, andeler, fast eiendom etc.

Keywords

sportspeoplerefereestimekeeperssports federationsregulatory bodiesstablesracehorsesdogsgaragesracing carsoperationsport fishinghuntingauxiliary servicessports activitiesleisure activitiesmountain guides

Organization

CEO: HM
Heidi Munkhaugen Selvaag1969
Chairman of the board: NJ
Nils Johan Munkhaugen1946
Years since formation: 11 years; since Aug 17, 2015
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 932; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2025: 7,084,325; NOK
Annual total result 2025: 9,968,162; NOK

Last update: Oct 22, 2026

Management

Management / administration

Name	Role	Shares
HM Heidi Munkhaugen Selvaag 1969	Managing Director/CEO	-

Board

Name	Role	Shares
NJ Nils Johan Munkhaugen 1946	Chairman	100 % directly

Others

Name	Role	Shares
B BDO AS	Auditor	-
E ENORA AS	Accountant	-
M MELHUS REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
NJ Nils Johan Munkhaugen 1946	Chairman	100 % directly

Last update: Oct 22, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
NJ Nils Johan Munkhaugen 1946	Ordinary shares	932	100 %

Shares owned by the N. MUNKHAUGEN HOLDING AS

Name	Share class	Total number of shares	Share
N N. MUNKHAUGEN AS	Ordinary shares	932	34.01 %
S SPAREBANKEN ØST	Ordinary shares	11,775	0.06 %
S SPAREBANK 1 HELGELAND	Ordinary shares	11,549	0.04 %
S SPAREBANKEN MØRE	Ordinary shares	16,237	0.03 %
S SPAREBANKEN SØR Closed	NO0006001502	10,371	0.02 %
S SPAREBANKEN NORGE	Ordinary shares	30,133	0.02 %
S STOREBRAND ASA	Ordinary shares	2,808	< 0.01 %
S SPAREBANK 1 ØSTLANDET	Ordinary shares	7,659	< 0.01 %
S SPAREBANK 1 SØR-NORGE ASA	Ordinary shares	29,099	< 0.01 %
S SPAREBANK 1 SMN	Ordinary shares	16,619	< 0.01 %
S SPAREBANK 1 NORD-NORGE	Ordinary shares	5,921	< 0.01 %
D DNB BANK ASA	Ordinary shares	18,392	< 0.01 %

Last update: Sep 25, 2026

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	7,084,325	5,958,909	4,934,017	3,267,440	1,520,533
Annual Total Result	9,968,162	6,944,822	23,864,091	44,739,782	9,360,985
Total assets	0	61,698,552	61,982,700	69,852,226	36,988,193
Total liabilities	0	296,727	625,697	342,338	1,093,088
Total equity	0	61,401,825	61,357,003	69,509,888	35,895,105

P&L

Year	2025	2024	2023	2022	2021
Total operating income	7,084,325	5,958,909	4,934,017	3,267,440	1,520,533
Total operating costs	9,568,574	11,527,101	9,143,721	2,328,097	2,512,588
Operating result	-2,484,249	-5,568,192	-4,209,704	939,344	-992,055
Financial income/costs	12,452,411	12,513,014	28,073,795	43,910,365	10,202,722
Profit before tax	9,968,162	6,944,822	23,864,091	44,849,708	9,210,667
Total tax & extraordinary income/cost	0	0	0	109,926	-150,318
Annual Total Result	9,968,162	6,944,822	23,864,091	44,739,782	9,360,985

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	11,932,372	12,213,922	8,934,719	10,799,261
Total current assets	49,766,180	49,768,777	60,917,507	26,188,932
Total assets	61,698,552	61,982,700	69,852,226	36,988,193
Short term debt	296,727	625,697	342,338	1,093,088
Long term debt	0	0	0	0
Total liabilities	296,727	625,697	342,338	1,093,088
Contributed capital	130,072	130,072	130,072	130,072
Retained earnings	61,271,753	61,226,931	69,379,816	35,765,033
Total equity	61,401,825	61,357,003	69,509,888	35,895,105
Total equity and liabilities	61,698,552	61,982,700	69,852,226	36,988,193

Classification

21st company classification

BETA

Scaleup

N. MUNKHAUGEN HOLDING AS815 783 352