ARCTIC BYGG AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Organization
- CEO
- JH
- Chairman of the board
- AO
Arve Olsen1966
- Years since formation
- 24 years
- since Jul 25, 2001
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 12,467,315
- NOK
- Annual total result 2024
- -336,199
- NOK
- Total equity 2024
- 2,032,555
- NOK
Last update: Jul 26, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JH | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
AO 1966 | Chairman | 99.36 % indirectly |
JH | Board Member | - |
JE 1961 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AO 1966 | Chairman | 99.36 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 19,515,799Operating profit 2024: NOK -14,145Employees: 14
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 12,467,315 | 10,794,334 | 14,156,003 | 8,719,544 |
Annual Total Result | -336,199 | 665,637 | 672,539 | 69,454 |
Total assets | 3,413,744 | 3,900,268 | 5,771,359 | 4,462,179 |
Total liabilities | 1,381,190 | 1,531,515 | 3,797,984 | 3,161,343 |
Total equity | 2,032,555 | 2,368,753 | 1,973,375 | 1,300,836 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 12,467,315 | 10,794,334 | 14,156,003 | 8,719,544 |
Total operating costs | 12,776,022 | 9,899,472 | 13,162,148 | 8,634,109 |
Operating result | -308,707 | 894,862 | 993,855 | 85,435 |
Financial income/costs | -58,887 | -40,878 | -131,600 | 3,947 |
Profit before tax | -367,595 | 853,984 | 862,255 | 89,382 |
Total tax & extraordinary income/cost | -31,396 | 188,347 | 189,716 | 19,928 |
Annual Total Result | -336,199 | 665,637 | 672,539 | 69,454 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 236,000 | 609,830 | 505,000 | 471,667 |
Total current assets | 3,177,744 | 3,290,438 | 5,266,359 | 3,990,513 |
Total assets | 3,413,744 | 3,900,268 | 5,771,359 | 4,462,179 |
Short term debt | 1,381,190 | 1,500,119 | 1,809,420 | 1,161,775 |
Long term debt | 0 | 31,396 | 1,988,564 | 1,999,568 |
Total liabilities | 1,381,190 | 1,531,515 | 3,797,984 | 3,161,343 |
Contributed capital | 450,181 | 450,181 | 450,181 | 450,181 |
Retained earnings | 1,582,373 | 1,918,572 | 1,523,193 | 850,655 |
Total equity | 2,032,555 | 2,368,753 | 1,973,375 | 1,300,836 |
Total equity and liabilities | 3,413,745 | 3,900,268 | 5,771,359 | 4,462,179 |
Classification
Category
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
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings