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O

OLAV STORMO AS916 316 291

Purchase and sale
Limited company
Strømsbusletta 11 4847 ARENDAL, Norge

OLAV STORMO AS

Keywords

paintsvarnish

Organization

Chairman of the board
Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
14

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
3
2 companies, 1 person

Financials

Total operating income 2023
17,068,758
NOK
Annual total result 2023
1,027,947
NOK
Total equity 2023
3,088,838
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman
33 %
indirectly
Board Member
32 %
directly
Board Member-

Others

NameRoleShares
A
AGDER-TEAM REVISJON AS
Auditor-
H
HAGLUND REGNSKAP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Chairman
33 %
indirectly
Board Member
32 %
directly
Last update: Sep 24, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
O
OLAV STORMO AS
Ordinary shares
35
35 %
S
S.H.S. HOLDING AS
Ordinary shares
33
33 %
Ordinary shares
32
32 %

Shares owned by the OLAV STORMO AS

NameShare classNumber of sharesShare
O
OLAV STORMO AS
Ordinary shares
35
35 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year20232022
Total operating income
17,068,758
13,870,068
Annual Total Result
1,027,947
549,598
Total assets
7,047,134
5,556,177
Total liabilities
3,958,296
3,095,287
Total equity
3,088,838
2,460,891

P&L

Year20232022
Total operating income
17,068,758
13,870,068
Total operating costs
15,704,758
13,109,834
Operating result
1,364,001
760,234
Financial income/costs
-46,122
-55,638
Profit before tax
1,317,879
704,596
Total tax & extraordinary income/cost
289,932
154,998
Annual Total Result
1,027,947
549,598

Balance overview

Year20232022
Total fixed assets
621,726
37,269
Total current assets
6,425,409
5,518,908
Total assets
7,047,134
5,556,177
Short term debt
2,796,030
1,786,521
Long term debt
1,162,266
1,308,766
Total liabilities
3,958,296
3,095,287
Contributed capital
325,000
325,000
Retained earnings
2,763,838
2,135,891
Total equity
3,088,838
2,460,891
Total equity and liabilities
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
Standard industrial classification
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
47
Activity
Retail trade, except of motor vehicles and motorcycles
47.5
Main industrial group
Retail sale of other household equipment in specialised stores
47.52
Industrial group
Retail sale of hardware, paints and glass in specialised stores
47.523
Industrial group
Retail sale of paints and varnish in specialised stores