REED PROJECTS AS
Organization
- CEO
- MP
Martyn Paul Reed1966
- Chairman of the board
- MP
Martyn Paul Reed1966
- Years since formation
- 11 years
- since Jul 16, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 50,000
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 1,944,718
- NOK
- Annual total result 2024
- -313,591
- NOK
- Total equity 2024
- -355,404
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MP 1966 | Managing Director/CEO | 60 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MP 1966 | Chairman | 60 % directly |
ÅE | Board Member | 40 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MP 1966 | Managing Director/CEO, Chairman | 60 % directly |
ÅE | Board Member | 40 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MP 1966 | Ordinary shares | 30,000 | 60 % |
| Ordinary shares | 20,000 | 40 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,944,718 | 3,057,972 | 1,490,348 | 1,816,487 |
Annual Total Result | -313,591 | 260,911 | 9,892 | 524,248 |
Total assets | 566,991 | 899,447 | 457,862 | 424,237 |
Total liabilities | 922,395 | 941,260 | 760,585 | 736,853 |
Total equity | -355,404 | -41,813 | -302,724 | -312,616 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,944,718 | 3,057,972 | 1,490,348 | 1,816,487 |
Total operating costs | 2,255,220 | 2,795,737 | 1,482,058 | 1,291,636 |
Operating result | -310,503 | 262,235 | 8,290 | 524,851 |
Financial income/costs | -3,088 | -1,324 | 1,603 | -603 |
Profit before tax | -313,591 | 260,911 | 9,892 | 524,248 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -313,591 | 260,911 | 9,892 | 524,248 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 566,991 | 899,447 | 457,862 | 424,237 |
Total assets | 566,991 | 899,447 | 457,862 | 424,237 |
Short term debt | 922,395 | 941,260 | 760,585 | 736,853 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 922,395 | 941,260 | 760,585 | 736,853 |
Contributed capital | 2,030,000 | 2,030,000 | 2,030,000 | 2,030,000 |
Retained earnings | -2,385,404 | -2,071,813 | -2,332,724 | -2,342,616 |
Total equity | -355,404 | -41,813 | -302,724 | -312,616 |
Total equity and liabilities | 566,991 | 899,447 | 457,862 | 424,237 |
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