MORTEN SÆTHER AS
Organization
- CEO
- MS
Morten Sæther1959
- Chairman of the board
- MS
Morten Sæther1959
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 22,200
- NOK
- Annual total result 2024
- 558,276
- NOK
- Total equity 2024
- 6,524,908
- NOK
Last update: Jun 25, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MS 1959 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MS 1959 | Chairman | 100 % directly |
TS 1964 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MS 1959 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MS 1959 | Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 22,200 | 19,200 | 39,200 |
Annual Total Result | 558,276 | 338,796 | 294,927 |
Total assets | 6,727,737 | 6,420,269 | 6,334,663 |
Total liabilities | 202,828 | 253,637 | 256,826 |
Total equity | 6,524,908 | 6,166,632 | 6,077,836 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 22,200 | 19,200 | 39,200 |
Total operating costs | 87,136 | 112,990 | 153,743 |
Operating result | -64,936 | -93,790 | -114,543 |
Financial income/costs | 623,212 | 432,585 | 409,470 |
Profit before tax | 558,276 | 338,796 | 294,927 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | 558,276 | 338,796 | 294,927 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 1,708,141 | 1,715,120 | 5,885,101 |
Total current assets | 5,019,596 | 4,705,150 | 449,562 |
Total assets | 6,727,737 | 6,420,269 | 6,334,663 |
Short term debt | 202,828 | 253,637 | 256,826 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 202,828 | 253,637 | 256,826 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | 6,424,908 | 6,066,632 | 5,977,836 |
Total equity | 6,524,908 | 6,166,632 | 6,077,836 |
Total equity and liabilities | 6,727,737 | 6,420,269 | 6,334,663 |
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