OLAV STORMO AS
Organization
- CEO
- YA
- Chairman of the board
- SH
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 13
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 3
- 2 companies, 1 person
Financials
- Total operating income 2024
- 15,732,179
- NOK
- Annual total result 2024
- 499,502
- NOK
- Total equity 2024
- 3,388,340
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| YA | Managing Director/CEO | - | 
Board
| Name | Role | Shares | 
|---|---|---|
| SH | Chairman | 33 % indirectly | 
| JM | Board Member | 32 % directly | 
| YA | Board Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Auditor | - | |
| Accountant | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| SH | Chairman | 33 % indirectly | 
| JM | Board Member | 32 % directly | 
Last update: Sep 24, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 35 | 35 % | |
| Ordinary shares | 33 | 33 % | |
| JM | Ordinary shares | 32 | 32 % | 
Shares owned by the OLAV STORMO AS
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 35 | 35 % | 
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 15,732,179 | 17,068,758 | 13,870,068 | 
| Annual Total Result | 499,502 | 1,027,947 | 549,598 | 
| Total assets | 6,473,428 | 7,047,134 | 5,556,177 | 
| Total liabilities | 3,085,088 | 3,958,296 | 3,095,287 | 
| Total equity | 3,388,340 | 3,088,838 | 2,460,891 | 
P&L
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 15,732,179 | 17,068,758 | 13,870,068 | 
| Total operating costs | 15,044,808 | 15,704,758 | 13,109,834 | 
| Operating result | 687,371 | 1,364,001 | 760,234 | 
| Financial income/costs | -45,989 | -46,122 | -55,638 | 
| Profit before tax | 641,382 | 1,317,879 | 704,596 | 
| Total tax & extraordinary income/cost | 141,880 | 289,932 | 154,998 | 
| Annual Total Result | 499,502 | 1,027,947 | 549,598 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total fixed assets | 596,783 | 621,726 | 37,269 | 
| Total current assets | 5,876,645 | 6,425,409 | 5,518,908 | 
| Total assets | 6,473,428 | 7,047,134 | 5,556,177 | 
| Short term debt | 2,075,131 | 2,796,030 | 1,786,521 | 
| Long term debt | 1,009,957 | 1,162,266 | 1,308,766 | 
| Total liabilities | 3,085,088 | 3,958,296 | 3,095,287 | 
| Contributed capital | 325,000 | 325,000 | 325,000 | 
| Retained earnings | 3,063,340 | 2,763,838 | 2,135,891 | 
| Total equity | 3,388,340 | 3,088,838 | 2,460,891 | 
| Total equity and liabilities | 6,473,428 | 7,047,134 | 5,556,177 | 
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