NORDIC WAY GROUP AS • 828580132 • Ål • Wholesale trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

NORDIC WAY GROUP AS

Keywords

machinesequipmentschoolshotelscinema operation

Organization

CEO: ES
Eirik Skare1983
Chairman of the board: AF
Andreas Frölich Fuglesang1972
Years since formation: 3 years; since Jan 20, 2022
Type: Limited company
VAT registered: Yes
Number of employees: 19

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 2023: 95,265,796; NOK
Annual total result 2023: 12,913,237; NOK
Total equity 2023: 62,676,446; NOK

Last update: Nov 21, 2024

Management

Management / administration

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

Board

Name	Role	Shares
RØ Rune Østgård 1971	Board Member	44 % indirectly
AF Andreas Frölich Fuglesang 1972	Chairman	-
SB Stian Brubakken 1969	Board Member	-
ES Eirik Skare 1983	Board Member	12 % indirectly

Others

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

Top 10 individual shareholders

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

Last update: Dec 31, 2024

Ownership

Company shareholders

Name	Share class	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	Number of shares	Share
E ESPEGARD AS	Ordinary shares	25,000	100 %
N NORDIC WAY EIENDOM AS	Ordinary shares	25,000	100 %
U ULF MEDIAAS AS	Ordinary shares	459	51 %

Last update: May 24, 2024

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	2023	2021
Total operating income	95,265,796	67,630,773
Annual Total Result	12,913,237	29,562,246
Total assets	140,237,207	155,076,748
Total liabilities	77,560,761	100,813,540
Total equity	62,676,446	54,263,209

P&L

Year	2023	2021
Total operating income	95,265,796	67,630,773
Total operating costs	79,100,209	47,105,077
Operating result	16,165,587	20,525,696
Financial income/costs	195,706	13,498,656
Profit before tax	16,361,293	34,024,353
Total tax & extraordinary income/cost	3,448,056	4,462,107
Annual Total Result	12,913,237	29,562,246

Balance overview

Year	2023	2021
Total fixed assets	36,932,488	36,538,682
Total current assets	103,304,719	118,538,066
Total assets	140,237,207	155,076,748
Short term debt	45,460,008	55,720,273
Long term debt	32,100,754	45,093,267
Total liabilities	77,560,761	100,813,540
Contributed capital	1,400,000	1,400,000
Retained earnings	61,276,446	52,863,209
Total equity	62,676,446	54,263,209
Total equity and liabilities	140,237,207	155,076,748

Classification

Category

Goods and trade

/ Purchase and sale

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

G

Main industrial area

Wholesale and retail trade; repair of motor vehicles and motorcycles

46

Activity

Wholesale trade, except of motor vehicles and motorcycles

46.6

Main industrial group

Wholesale of machinery, equipment and supplies

46.69

Industrial group

Wholesale of other machinery and equipment

46.694

Industrial group

Wholesale of machinery and equipment for trade, transport and services n.e.c.