BANDAR HOLDING AS • 918656235 • Oslo • Financial service activities, except insurance and pension funding

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Banking and insurance

/ Financial fund

/ 64.308 Captive investment companies

BANDAR HOLDING AS

Keywords

placementsecurities

Organization

CEO: CR
Chirag Rashmikant Patel1984
Chairman of the board: CR
Chirag Rashmikant Patel1984
Years since formation: 8 years; since Mar 3, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 30; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2024: 3,577,134; NOK
Annual total result 2024: 2,414,119; NOK
Total equity 2024: 10,927,199; NOK

Last update: Jul 3, 2025

Management

Management / administration

Name	Role	Shares
CR Chirag Rashmikant Patel 1984	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
CR Chirag Rashmikant Patel 1984	Chairman	100 % directly

Others

Name	Role	Shares
G GERHARD & SØNN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
CR Chirag Rashmikant Patel 1984	Managing Director/CEO, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
CR Chirag Rashmikant Patel 1984	Ordinary shares	30	100 %

Shares owned by the BANDAR HOLDING AS

Name	Share class	Total number of shares	Share
P PATEL & ABDELMAGUID FOUNDATION AS	Ordinary shares	15	50 %
K KARPE HOLDING AS	Ordinary shares	15	50 %
M M.A.R.S. AS	Ordinary shares	25	25 %
F FLUS AS	A-shares	12,525	10 %
M MIKE'S CORNER AS	Ordinary shares	150	5 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	3,577,134	2,554,115	4,457,500	1,025
Annual Total Result	2,414,119	2,273,047	5,587,464	9,692
Total assets	13,863,011	11,522,755	9,734,254	7,284,695
Total liabilities	2,935,813	698,425	1,182,971	4,320,876
Total equity	10,927,199	10,824,330	8,551,283	2,963,819

P&L

Year	2024	2023	2022	2021
Total operating income	3,577,134	2,554,115	4,457,500	1,025
Total operating costs	1,150,421	931,590	757,566	14,750
Operating result	2,426,713	1,622,525	3,699,934	-13,725
Financial income/costs	665,956	1,014,950	2,723,618	23,417
Profit before tax	3,092,669	2,637,475	6,423,552	9,692
Total tax & extraordinary income/cost	678,550	364,428	836,088	0
Annual Total Result	2,414,119	2,273,047	5,587,464	9,692

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	2,685,426	9,664,631	4,164,631	554,176
Total current assets	11,177,585	1,858,124	5,569,623	6,730,518
Total assets	13,863,011	11,522,755	9,734,254	7,284,695
Short term debt	2,934,261	530,688	1,003,947	2,001,093
Long term debt	1,552	167,738	179,024	2,319,783
Total liabilities	2,935,813	698,425	1,182,971	4,320,876
Contributed capital	30,000	30,000	30,000	30,000
Retained earnings	10,897,199	10,794,330	8,521,283	2,933,819
Total equity	10,927,199	10,824,330	8,551,283	2,963,819
Total equity and liabilities	13,863,012	11,522,755	9,734,254	7,284,695

Classification

Category

Banking and insurance

/ Financial fund

Type of organization

Limited company

Standard industrial classification

K

Main industrial area

Financial and insurance activities

64

Activity

Financial service activities, except insurance and pension funding

64.3

Main industrial group

Trusts, funds and similar financial entities

64.30

Industrial group

Trusts, funds and similar financial entities

64.308

Industrial group

Captive investment companies