MUSIC ART DESIGN AS
Organization
- CEO
- TR
- Chairman of the board
- VK
Vibeke Kielland1959
- Years since formation
- 7 years
- since Mar 19, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 504,877
- NOK
- Annual total result 2024
- 146,432
- NOK
- Total equity 2024
- -28,679
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TR | Managing Director/CEO | 40 % directly |
Board
| Name | Role | Shares |
|---|---|---|
VK 1959 | Chairman | 60 % directly |
TR | Board Member | 40 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
VK 1959 | Chairman | 60 % directly |
TR | Managing Director/CEO, Board Member | 40 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
VK 1959 | A-shares | 600 | 60 % |
TR | A-shares | 400 | 40 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 504,877 | 1,266,559 | 971,202 | 326,262 |
Annual Total Result | 146,432 | -174,519 | -70,523 | 75,296 |
Total assets | 66,992 | 276,778 | 163,065 | 122,417 |
Total liabilities | 95,672 | 471,290 | 183,058 | 78,939 |
Total equity | -28,679 | -194,512 | -19,994 | 43,478 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 504,877 | 1,266,559 | 971,202 | 326,262 |
Total operating costs | 358,357 | 1,441,077 | 1,041,544 | 229,001 |
Operating result | 146,520 | -174,519 | -70,342 | 97,261 |
Financial income/costs | -88 | 0 | -180 | 0 |
Profit before tax | 146,432 | -174,519 | -70,523 | 97,261 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 21,965 |
Annual Total Result | 146,432 | -174,519 | -70,523 | 75,296 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 37,946 | 25,872 | 77,474 | 48,678 |
Total current assets | 29,046 | 250,906 | 85,591 | 73,739 |
Total assets | 66,992 | 276,778 | 163,065 | 122,417 |
Short term debt | 95,672 | 313,804 | 136,928 | 78,939 |
Long term debt | 0 | 157,486 | 46,130 | 0 |
Total liabilities | 95,672 | 471,290 | 183,058 | 78,939 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | -58,679 | -224,512 | -49,994 | 13,478 |
Total equity | -28,679 | -194,512 | -19,994 | 43,478 |
Total equity and liabilities | 66,993 | 276,778 | 163,064 | 122,417 |
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