TOTALTECH AS
Organization
- CEO
- ØF
Øystein Frafjord1964
- Chairman of the board
- ØF
Øystein Frafjord1964
- Years since formation
- 19 years
- since Dec 13, 2006
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 33,250
- 1 share class
- Total number of shareholders
- 4
- 3 companies, 1 person
Financials
- Total operating income 2024
- 275,000
- NOK
- Annual total result 2024
- 62,957
- NOK
- Total equity 2024
- 2,662,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ØF 1964 | Managing Director/CEO | 13.62 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
ØF 1964 | Chairman | 13.62 % indirectly |
LM | Board Member | 40 % indirectly |
TG | Board Member | 20 % indirectly |
| Board Member | 20 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LM | Board Member | 40 % indirectly |
TG | Board Member | 20 % indirectly |
| Board Member | 20 % directly | |
ØF 1964 | Managing Director/CEO, Chairman | 13.62 % indirectly |
CH 1967 | - | 6.38 % indirectly |
Last update: Dec 31, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 13,300 | 40 % | |
| Ordinary shares | 6,650 | 20 % | |
| Ordinary shares | 6,650 | 20 % | |
| Ordinary shares | 6,650 | 20 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 275,000 | 225,000 | 150,000 |
Annual Total Result | 62,957 | -70,586 | 5,855 |
Total assets | 2,671,494 | 2,599,043 | 2,669,630 |
Total liabilities | 9,494 | 0 | 0 |
Total equity | 2,662,000 | 2,599,043 | 2,669,630 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 275,000 | 225,000 | 150,000 |
Total operating costs | 211,345 | 295,491 | 146,102 |
Operating result | 63,655 | -70,491 | 3,898 |
Financial income/costs | -698 | -95 | 1,958 |
Profit before tax | 62,957 | -70,586 | 5,855 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | 62,957 | -70,586 | 5,855 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 2,579,584 | 2,579,584 | 2,579,584 |
Total current assets | 91,910 | 19,459 | 90,046 |
Total assets | 2,671,494 | 2,599,043 | 2,669,630 |
Short term debt | 9,494 | 0 | 0 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 9,494 | 0 | 0 |
Contributed capital | 3,356,000 | 3,356,000 | 3,356,000 |
Retained earnings | -694,000 | -756,957 | -686,370 |
Total equity | 2,662,000 | 2,599,043 | 2,669,630 |
Total equity and liabilities | 2,671,494 | 2,599,043 | 2,669,630 |
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