B. ULSTEIN AS

Operating

Foreta investeringer i andre selskaper, verdipapirer, eiendom og finansielle instrumenter og det som derved hører til.

Investeringer i andre selskaper, verdipapirer, eiendom og finansielle instrumenter og det som derved hører til.

Organization

Chairman of the board: BU
Bernt Ulstein1960
Years since formation: 18 years; since Oct 1, 2008
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 25,000; 2 share classes
Total number of shareholders: 6; persons

Financials

Annual total result 2025: 2,873,517; NOK
Total equity 2025: 156,816,678; NOK

Last update: Aug 5, 2026

Management

Board

Name	Role	Shares
BU Bernt Ulstein 1960	Chairman	-
EU Erlend Ulstein 1993	Alternate Member	-

Others

Name	Role	Shares
M MOA REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
UB Ulstein Bernt 1960	-	50 % directly
UL Ulstein Linn 1990	-	20 % directly
UE Ulstein Erlend 1993	-	20 % directly
KN Kristin Nyland Ulstein Ingunn 1964	-	10 % directly

Last update: Jun 28, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
UB Ulstein Bernt 1960	A-shares	12,500	50 %
UL Ulstein Linn 1990	Class B shares	3,750	15 %
UE Ulstein Erlend 1993	Class B shares	3,750	15 %
KN Kristin Nyland Ulstein Ingunn 1964	A-shares	2,500	10 %
UL Ulstein Linn 1990	A-shares	1,250	5 %
UE Ulstein Erlend 1993	A-shares	1,250	5 %

Shares owned by the B. ULSTEIN AS

Name	Share class	Total number of shares	Share
A AIDO AS	Ordinary shares	5,143	9.02 %
C CGP GROUP AS	Ordinary shares	12,107	8.41 %
S SMARTCRAFT ASA Closed	Ordinary shares	10,621,975	6.19 %
S SPESIALISTBEDRIFTEN AS	Ordinary shares	25	2.17 %
S SWISS LIFE REF NORDIC 2020 INVEST AS	Ordinary shares	100,000	0.2 %
C CUBERA PRIVATE EQUITY 2020 INVEST AS	Ordinary shares	1,500	0.13 %
S SPAREBANKEN MØRE	Ordinary shares	8,198	0.02 %
S SPAREBANKEN NORGE	Ordinary shares	7,852	< 0.01 %
A AKER ASA	Ordinary shares	2,205	< 0.01 %
S STOREBRAND ASA	Ordinary shares	13,940	< 0.01 %
V VÅR ENERGI ASA	Ordinary shares	5,201	< 0.01 %
S SPAREBANK 1 ØSTLANDET	Ordinary shares	5,369	< 0.01 %
E EQUINOR ASA	Ordinary shares	1,066	< 0.01 %
S SPAREBANK 1 SØR-NORGE ASA	Ordinary shares	11,509	< 0.01 %
S SPAREBANK 1 SMN	Ordinary shares	9,716	< 0.01 %
S SPAREBANK 1 NORD-NORGE	Ordinary shares	6,568	< 0.01 %
S SALMAR ASA	Ordinary shares	215	< 0.01 %
M MOWI ASA	Ordinary shares	1,142	< 0.01 %
Y YARA INTERNATIONAL ASA	Ordinary shares	534	< 0.01 %
D DNB BANK ASA	Ordinary shares	10,348	< 0.01 %
G GJENSIDIGE FORSIKRING ASA	Ordinary shares	5,632	< 0.01 %
E ENTRA ASA	Ordinary shares	6,736	< 0.01 %

Last update: Sep 25, 2026

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	0	0	0	60,000	100,250
Annual Total Result	2,873,517	26,926,472	9,052,394	-6,414,877	78,316,917
Total assets	173,360,832	185,465,454	171,091,877	174,276,781	191,624,839
Total liabilities	16,544,154	16,222,294	13,975,189	13,912,487	11,845,668
Total equity	156,816,678	169,243,160	157,116,688	160,364,294	179,779,171

P&L

Year	2025	2024	2023	2022	2021
Total operating income	0	0	0	60,000	100,250
Total operating costs	2,139,857	1,885,577	1,469,280	1,796,837	735,309
Operating result	-2,139,857	-1,885,577	-1,469,280	-1,736,837	-635,059
Financial income/costs	6,194,982	30,219,830	11,785,790	-3,776,073	79,091,378
Profit before tax	4,055,124	28,334,253	10,316,509	-5,512,910	78,456,319
Total tax & extraordinary income/cost	1,181,607	1,407,781	1,264,115	901,967	139,402
Annual Total Result	2,873,517	26,926,472	9,052,394	-6,414,877	78,316,917

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	21,404,740	20,708,740	21,123,428	9,983,745	14,075,921
Total current assets	151,956,092	164,756,715	149,968,449	164,293,036	177,548,917
Total assets	173,360,832	185,465,454	171,091,877	174,276,781	191,624,839
Short term debt	16,544,154	16,215,308	13,975,189	13,912,487	11,845,668
Long term debt	0	0	0	0	0
Total liabilities	16,544,154	16,222,294	13,975,189	13,912,487	11,845,668
Contributed capital	2,282,883	2,282,883	2,282,883	2,282,883	2,282,883
Retained earnings	154,533,795	166,960,277	154,833,805	158,081,411	177,496,288
Total equity	156,816,678	169,243,160	157,116,688	160,364,294	179,779,171
Total equity and liabilities	173,360,832	185,465,454	171,091,877	174,276,781	191,624,839

Classification

21st company classification

BETA

Small company

Type of organization

Limited company

Standard industrial classification

B. ULSTEIN AS993 135 178

B. ULSTEIN AS

Organization

Ownership

Financials

Management

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the B. ULSTEIN AS

Financials

Summary

P&L

Balance overview

Classification