NORDIC WAY GROUP AS

Operating

Investere i og utvikle underliggende virksomheter innen forskjellige bransjer, samt å drifte fellesfunksjoner.

Selv eller gjennom eierskap i andre selskaper drive engroshandel med maskiner og utstyr til handel, transport og tjenesteyting ellers samt for et eiendomsselskap.

Keywords

computerizedmachinestextile industrycomputerized sewing machinesknitting machines

Organization

CEO: ES
Eirik Skare1983
Chairman of the board: AF
Andreas Frölich Fuglesang1972
Years since formation: 4 years; since Jan 20, 2022
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 25,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2025: 6,322,728; NOK
Annual total result 2025: -6,817,813; NOK
Total equity 2025: 50,536,506; NOK

Last update: Jul 15, 2026

Management

Management / administration

Name	Role	Shares
ES Eirik Skare 1983	Managing Director/CEO	12 % indirectly

Board

Name	Role	Shares
AF Andreas Frölich Fuglesang 1972	Chairman	-
SB Stian Brubakken 1969	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
RØ Rune Østgård 1971	-	44 % indirectly
MØ Merethe Østgård 1973	-	44 % indirectly
ES Eirik Skare 1983	Managing Director/CEO	12 % indirectly

Last update: Dec 31, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
Ø ØSTGÅRD AS	Ordinary shares	22,000	88 %
F FJELLBORG AS	Ordinary shares	3,000	12 %

Shares owned by the NORDIC WAY GROUP AS

Name	Share class	Total number of shares	Share
E ESPEGARD AS	Ordinary shares	25,000	100 %
H HUDDLE SHOP AS Closed	Ordinary shares	30,000	100 %
N NORDIC WAY EIENDOM AS	Ordinary shares	25,000	100 %
U ULF MEDIAAS AS	Ordinary shares	603	67 %
H HYTTEFEBER AS Under liquidation	Ordinary shares	11,940	13.62 %

Last update: Jun 2, 2025

Group structure

ØSTGÅRD AS
Total operating income 2023: NOK 1,120,559
Operating profit 2023: NOK -426,728
Employees: 0

Financials

in NOK

Summary

Year	2025	2023	2021
Total operating income	6,322,728	95,265,796	67,630,773
Annual Total Result	-6,817,813	12,913,237	29,562,246
Total assets	67,565,816	140,237,207	155,076,748
Total liabilities	17,029,310	77,560,761	100,813,540
Total equity	50,536,506	62,676,446	54,263,209

P&L

Year	2025	2023	2021
Total operating income	6,322,728	95,265,796	67,630,773
Total operating costs	10,027,272	79,100,209	47,105,077
Operating result	-3,704,544	16,165,587	20,525,696
Financial income/costs	-2,470,538	195,706	13,498,656
Profit before tax	-6,175,082	16,361,293	34,024,353
Total tax & extraordinary income/cost	642,731	3,448,056	4,462,107
Annual Total Result	-6,817,813	12,913,237	29,562,246

Balance overview

Year	2025	2023	2021
Total fixed assets	55,995,118	36,932,488	36,538,682
Total current assets	11,570,698	103,304,719	118,538,066
Total assets	67,565,816	140,237,207	155,076,748
Short term debt	734,447	45,460,008	55,720,273
Long term debt	16,294,863	32,100,754	45,093,267
Total liabilities	17,029,310	77,560,761	100,813,540
Contributed capital	1,400,000	1,400,000	1,400,000
Retained earnings	49,136,506	61,276,446	52,863,209
Total equity	50,536,506	62,676,446	54,263,209
Total equity and liabilities	67,565,816	140,237,207	155,076,748

Classification

21st company classification

BETA

Industrial large enterprise

NORDIC WAY GROUP AS828 580 132