VEL HOLDING AS

Keywords

productiontelephone and data communication equipmentwireless communication equipmenttelephone exchangeswireless telephonesequipment for private telephone exchangestelephone and fax equipmentanswering machinesdata communication equipmentbridgesroutersgatewaystransmitting and receiving antennascable television equipmentpagersmobile phonesmobile communication equipmentradio and television studio and broadcasting equipmenttelevision cameramodemsportable equipmentburglar and fire alarm equipmentradio and television transmitters

Organization

CEO: LV
Leif Vastveit1964
Chairman of the board: GW
Guttorm Wærholm1950
Years since formation: 30 years; since Feb 20, 1995
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,500; 1 share class
Total number of shareholders: 2; 1 company, 1 person
Belongs to group of

Financials

Annual total result 2024: 3,475,404; NOK
Total equity 2024: 8,174,146; NOK

Last update: Jun 28, 2025

Management

Management / administration

Name	Role	Shares
LV Leif Vastveit 1964	Managing Director/CEO	65 % directly

Board

Name	Role	Shares
GW Guttorm Wærholm 1950	Chairman	35 % indirectly
LV Leif Vastveit 1964	Board Member	65 % directly
MV Mette Vastveit 1965	Alternate Member	-

Others

Name	Role	Shares
C CAPAX AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
LV Leif Vastveit 1964	Managing Director/CEO, Board Member	65 % directly
GW Guttorm Wærholm 1950	Chairman	35 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
LV Leif Vastveit 1964	Ordinary shares	975	65 %
C COLLEGIUM MANAGEMENT AS	Ordinary shares	525	35 %

Shares owned by the VEL HOLDING AS

Name	Share class	Total number of shares	Share
A ALTINEX INDUSTRIES AS	Ordinary shares	100	100 %
V VASTVEIT ELEKTRONIKK AS	Ordinary shares	100	100 %
N NORSK RENEWABLES AS	NO0010941925	10,000	< 0.01 %
N Norsk Hydro ASA	NO0005052605	5,000	< 0.01 %
S SOLSTAD OFFSHORE ASA	NO0003080608	5	< 0.01 %
I IDEX BIOMETRICS ASA	NO0013107490	7,000	< 0.01 %

Last update: Jun 2, 2025

Group structure

VEL HOLDING AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -31,450
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	3,475,404	352,337	-91,143	253,132
Total assets	8,560,361	5,298,742	4,946,405	5,337,548
Total liabilities	386,215	600,000	300,000	300,000
Total equity	8,174,146	4,698,742	4,646,405	5,037,548

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	31,450	28,688	25,625	28,450
Operating result	-31,450	-28,688	-25,625	-28,450
Financial income/costs	3,594,496	381,025	-65,518	281,582
Profit before tax	3,563,046	352,337	-91,143	253,132
Total tax & extraordinary income/cost	87,642	0	0	0
Annual Total Result	3,475,404	352,337	-91,143	253,132

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	210,000	210,000	210,000	210,000
Total current assets	8,350,361	5,088,742	4,736,405	5,127,548
Total assets	8,560,361	5,298,742	4,946,405	5,337,548
Short term debt	300,000	600,000	300,000	300,000
Long term debt	86,215	0	0	0
Total liabilities	386,215	600,000	300,000	300,000
Contributed capital	150,000	150,000	150,000	150,000
Retained earnings	8,024,146	4,548,742	4,496,405	4,887,548
Total equity	8,174,146	4,698,742	4,646,405	5,037,548
Total equity and liabilities	8,560,361	5,298,742	4,946,405	5,337,548

VEL HOLDING AS966 515 988

VEL HOLDING AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the VEL HOLDING AS

Group structure

Financials

Summary

P&L

Balance overview

Classification