FOLKVORDVEIEN 11 AS
Organization
- CEO
- IS
Ingvar Sikveland1972
- Chairman of the board
- LI
Leidulf Ims1967
- Years since formation
- 8 years
- since Jun 20, 2017
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 2
- companies
Financials
- Total operating income 2024
- 1,782,136
- NOK
- Annual total result 2024
- -275,148
- NOK
- Total equity 2024
- -8,108,500
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IS 1972 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LI 1967 | Chairman | 50 % indirectly |
IS 1972 | Board Member | - |
AE 1971 | Board Member | 5 % indirectly |
LI 1972 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LI 1967 | Chairman | 50 % indirectly |
ØS 1972 | - | 10 % indirectly |
AF | - | 9 % indirectly |
| - | 9 % indirectly | |
MS 1957 | - | 6 % indirectly |
SK | - | 6 % indirectly |
AE 1971 | Board Member | 5 % indirectly |
LS 1975 | - | 5 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 50 % | |
| Ordinary shares | 500 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,782,136 | 1,618,842 | 1,743,725 | 1,617,080 |
Annual Total Result | -275,148 | 5,535 | 167,564 | 360,145 |
Total assets | 5,858,471 | 6,190,371 | 5,590,996 | 6,044,796 |
Total liabilities | 13,966,972 | 14,023,724 | 13,429,883 | 14,051,246 |
Total equity | -8,108,500 | -7,833,353 | -7,838,887 | -8,006,450 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,782,136 | 1,618,842 | 1,743,725 | 1,617,080 |
Total operating costs | 1,348,819 | 987,122 | 1,111,940 | 861,524 |
Operating result | 433,317 | 631,720 | 631,785 | 755,556 |
Financial income/costs | -708,464 | -593,551 | -382,793 | -262,691 |
Profit before tax | -275,148 | 38,169 | 248,992 | 492,865 |
Total tax & extraordinary income/cost | 0 | 32,634 | 81,428 | 132,720 |
Annual Total Result | -275,148 | 5,535 | 167,564 | 360,145 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 5,727,900 | 5,822,064 | 5,276,677 | 5,552,677 |
Total current assets | 130,571 | 368,307 | 314,319 | 492,119 |
Total assets | 5,858,471 | 6,190,371 | 5,590,996 | 6,044,796 |
Short term debt | 3,764,472 | 4,608,548 | 296,192 | 395,808 |
Long term debt | 10,202,500 | 9,415,176 | 13,133,691 | 13,655,438 |
Total liabilities | 13,966,972 | 14,023,724 | 13,429,883 | 14,051,246 |
Contributed capital | 500,000 | 500,000 | 500,000 | 500,000 |
Retained earnings | -8,608,500 | -8,333,353 | -8,338,887 | -8,506,450 |
Total equity | -8,108,500 | -7,833,353 | -7,838,887 | -8,006,450 |
Total equity and liabilities | 5,858,471 | 6,190,371 | 5,590,996 | 6,044,796 |
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