OROCO AS • 988888737 • Hafrsfjord • Real estate activities

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Goods and trade

OROCO AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: OR
Olav Rhune Olsen1959
Chairman of the board: OR
Olav Rhune Olsen1959
Years since formation: 19 years; since Nov 16, 2005
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 10,000; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2023: 377,182; NOK
Annual total result 2023: 181,768; NOK
Total equity 2023: 1,641,248; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
OR Olav Rhune Olsen 1959	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
OR Olav Rhune Olsen 1959	Chairman	100 % directly
KM Kjersti May Misje Olsen 1959	Alternate Member	-

Others

Name	Role	Shares
I INGVIS AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
OR Olav Rhune Olsen 1959	Managing Director/CEO, Chairman	100 % directly

Last update: Jan 30, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
OR Olav Rhune Olsen 1959	Ordinary shares	10,000	100 %

Shares owned by the OROCO AS

Name	Share class	Number of shares	Share
X X5 INVEST AS	Ordinary shares	25,000	25 %
X X5 KAPITAL 1 AS	Ordinary shares	20,000	5.71 %
W WECOVERCARE AS	Ordinary shares	16,200	2.14 %
E ENVISION HOLDING AS	Ordinary shares	12,500	0.85 %
S SECURE-NOK CORP AS	Ordinary shares	11,033	0.66 %
N NIVEL AS	Ordinary shares	940	0.34 %
S SPAREBANK 1 PRIVATE EQUITY I AS	NO0010445356	2,400	0.22 %
P PROXIMAR SEAFOOD AS	NO0010893902	2,000	< 0.01 %
S STOREBRAND ASA	NO0003053605	1,000	< 0.01 %
V VÅR ENERGI ASA	NO0011202772	1,645	< 0.01 %
M MOWI ASA	NO0003054108	1,000	< 0.01 %
B BLUENORD ASA	NO0010379266	20	< 0.01 %
C CYVIZ AS	NO0010015175	1,000	< 0.01 %
N NORWEGIAN AIR SHUTTLE ASA	NO0010196140	6	< 0.01 %
E ENTRA ASA	NO0010716418	388	< 0.01 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	377,182	656,371	1,378,465
Annual Total Result	181,768	-404,054	597,378
Total assets	2,114,725	2,340,601	3,393,363
Total liabilities	473,477	581,120	929,829
Total equity	1,641,248	1,759,481	2,463,534

P&L

Year	2023	2022	2021
Total operating income	377,182	656,371	1,378,465
Total operating costs	532,980	650,734	766,699
Operating result	-155,798	5,638	611,765
Financial income/costs	337,566	-409,690	111,587
Profit before tax	181,768	-404,053	723,353
Total tax & extraordinary income/cost	0	1	125,975
Annual Total Result	181,768	-404,054	597,378

Balance overview

Year	2023	2022	2021
Total fixed assets	305,045	305,045	380,045
Total current assets	1,809,680	2,035,556	3,013,318
Total assets	2,114,725	2,340,601	3,393,363
Short term debt	473,477	581,120	929,829
Long term debt	0	0	0
Total liabilities	473,477	581,120	929,829
Contributed capital	509,000	509,000	509,000
Retained earnings	1,132,248	1,250,481	1,954,534
Total equity	1,641,248	1,759,481	2,463,534
Total equity and liabilities	2,114,725	2,340,601	3,393,363

Classification

Category

Goods and trade

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate