NOVEMBER AS
Organization
- CEO
- Chairman of the board
- MU
Matias Utnem1979
- Years since formation
- 9 years
- since May 9, 2016
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 15
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 3,367,456
- NOK
- Annual total result 2024
- -250,003
- NOK
- Total equity 2024
- -973,383
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MU 1979 | Chairman | 50 % indirectly |
| Deputy Chair | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MU 1979 | Chairman | 50 % indirectly |
| Managing Director/CEO, Deputy Chair | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15,000 | 50 % | |
| Ordinary shares | 15,000 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,367,456 | 4,236,628 | 4,020,236 | 3,585,470 |
Annual Total Result | -250,003 | -163,124 | 29,490 | 37,896 |
Total assets | 217,899 | 384,491 | 305,962 | 553,283 |
Total liabilities | 1,191,282 | 1,107,871 | 866,218 | 1,143,029 |
Total equity | -973,383 | -723,380 | -560,256 | -589,746 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,367,456 | 4,236,628 | 4,020,236 | 3,585,470 |
Total operating costs | 3,617,750 | 4,394,894 | 3,978,665 | 3,531,329 |
Operating result | -250,294 | -158,266 | 41,571 | 54,141 |
Financial income/costs | 291 | -4,858 | -12,082 | -16,245 |
Profit before tax | -250,003 | -163,124 | 29,490 | 37,896 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -250,003 | -163,124 | 29,490 | 37,896 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 167,971 | 45,883 | 123,888 | 277,688 |
Total current assets | 49,929 | 338,608 | 182,074 | 275,595 |
Total assets | 217,899 | 384,491 | 305,962 | 553,283 |
Short term debt | 697,648 | 858,097 | 527,215 | 572,256 |
Long term debt | 493,635 | 249,774 | 339,003 | 570,773 |
Total liabilities | 1,191,282 | 1,107,871 | 866,218 | 1,143,029 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | -1,003,383 | -753,380 | -590,256 | -619,746 |
Total equity | -973,383 | -723,380 | -560,256 | -589,746 |
Total equity and liabilities | 217,899 | 384,491 | 305,962 | 553,283 |
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