Organization
- CEO
- KT
Kai Tore Austad1966
- Chairman of the board
- KT
Kai Tore Austad1966
- Years since formation
- 13 years
- since Jun 15, 2011
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 10
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 4
- persons
- Belongs to group of
Financials
- Total operating income 2023
- 20,593,483
- NOK
- Annual total result 2023
- 3,599,118
- NOK
- Total equity 2023
- 15,535,938
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KT 1966 | Managing Director/CEO | 60 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KT 1966 | Chairman | 60 % directly |
JO 1980 | Deputy Chair | 20 % directly |
GA | Board Member | - |
TE | Alternate Member | 10 % directly |
MA | Alternate Member | - |
OK | Alternate Member | 10 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KT 1966 | Managing Director/CEO, Chairman | 60 % directly |
JO 1980 | Deputy Chair | 20 % directly |
OK | Alternate Member | 10 % directly |
TE | Alternate Member | 10 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
KT 1966 | Ordinary shares | 600 | 60 % |
JO 1980 | Ordinary shares | 200 | 20 % |
OK | Ordinary shares | 100 | 10 % |
TE | Ordinary shares | 100 | 10 % |
Shares owned by the AUSTAD ELEKTRO AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % | |
| NO0010834351 | 29,468 | 2.81 % | |
| Ordinary shares | 46 | 0.12 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 20,593,483Operating profit 2023: NOK 4,137,084Employees: 10
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 20,593,483 | 25,235,056 | 19,516,217 |
Annual Total Result | 3,599,118 | 6,403,075 | 4,504,702 |
Total assets | 22,273,014 | 22,407,647 | 18,329,872 |
Total liabilities | 6,737,076 | 8,470,826 | 7,796,126 |
Total equity | 15,535,938 | 13,936,821 | 10,533,746 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 20,593,483 | 25,235,056 | 19,516,217 |
Total operating costs | 16,456,399 | 17,197,858 | 13,918,060 |
Operating result | 4,137,084 | 8,037,198 | 5,598,157 |
Financial income/costs | 431,773 | 151,115 | 146,221 |
Profit before tax | 4,568,857 | 8,188,313 | 5,744,378 |
Total tax & extraordinary income/cost | 969,739 | 1,785,238 | 1,239,676 |
Annual Total Result | 3,599,118 | 6,403,075 | 4,504,702 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 9,474,024 | 6,614,549 | 6,364,942 |
Total current assets | 12,798,990 | 15,793,098 | 11,964,930 |
Total assets | 22,273,014 | 22,407,647 | 18,329,872 |
Short term debt | 6,705,897 | 8,403,094 | 7,677,155 |
Long term debt | 31,179 | 67,732 | 118,971 |
Total liabilities | 6,737,076 | 8,470,826 | 7,796,126 |
Contributed capital | 500,000 | 500,000 | 500,000 |
Retained earnings | 15,035,938 | 13,436,821 | 10,033,746 |
Total equity | 15,535,938 | 13,936,821 | 10,533,746 |
Total equity and liabilities | 22,273,014 | 22,407,647 | 18,329,872 |
Classification
Category
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation