LØVIK OG VÅGE AS
Keywords
round timberwood-basedindustrymining timberfence postspostsfirewoodcharcoallogswood chips
Organization
- CEO
- GL
Gjermund Løvik1970
- Chairman of the board
- GL
Gjermund Løvik1970
- Years since formation
- 7 years
- since Feb 13, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 3,762,176
- NOK
- Annual total result 2024
- 51,459
- NOK
- Total equity 2024
- 1,211,031
- NOK
Last update: Jul 22, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GL 1970 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
GL 1970 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
GL 1970 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
GL 1970 | Ordinary shares | 30 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,762,176 | 4,388,985 | 3,617,883 | 3,147,718 |
Annual Total Result | 51,459 | 289,086 | 323,381 | 38,168 |
Total assets | 1,865,360 | 1,956,010 | 1,344,601 | 906,271 |
Total liabilities | 654,330 | 796,438 | 474,116 | 359,167 |
Total equity | 1,211,031 | 1,159,572 | 870,485 | 547,104 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,762,176 | 4,388,985 | 3,617,883 | 3,147,718 |
Total operating costs | 3,699,587 | 4,018,396 | 3,201,086 | 3,102,604 |
Operating result | 62,589 | 370,589 | 416,797 | 45,114 |
Financial income/costs | 3,580 | 266 | -1,914 | 3,818 |
Profit before tax | 66,169 | 370,855 | 414,883 | 48,933 |
Total tax & extraordinary income/cost | 14,710 | 81,769 | 91,502 | 10,765 |
Annual Total Result | 51,459 | 289,086 | 323,381 | 38,168 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 594,000 | 558,771 | 573,697 | 649,828 |
Total current assets | 1,271,360 | 1,397,239 | 770,904 | 256,443 |
Total assets | 1,865,360 | 1,956,010 | 1,344,601 | 906,271 |
Short term debt | 626,983 | 759,352 | 425,483 | 296,696 |
Long term debt | 27,347 | 37,086 | 48,633 | 62,471 |
Total liabilities | 654,330 | 796,438 | 474,116 | 359,167 |
Contributed capital | 82,214 | 82,214 | 82,214 | 82,214 |
Retained earnings | 1,128,817 | 1,077,358 | 788,271 | 464,890 |
Total equity | 1,211,031 | 1,159,572 | 870,485 | 547,104 |
Total equity and liabilities | 1,865,361 | 1,956,010 | 1,344,601 | 906,271 |
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
A
Main industrial area
Agriculture, forestry and fishing
02
Activity
Forestry and logging
02.2
Main industrial group
Logging
02.20
Industrial group
Logging
02.200
Industrial group
Logging