Organization
- CEO
- CA
- Chairman of the board
- KA
Knut Axel Ugland1959
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 18
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 138,396,722
- NOK
- Annual total result 2024
- 5,201,360
- NOK
- Total equity 2024
- 80,156,403
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
CA | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
KA 1959 | Chairman | 20 % indirectly |
KA | Board Member | 19.61 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KA 1959 | Chairman | 20 % indirectly |
KA | Board Member | 19.61 % indirectly |
OU 1995 | - | 19.61 % indirectly |
Last update: Oct 29, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 288,120,000Operating profit 2024: NOK 167,838,000Employees: 8
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 138,396,722 | 160,309,595 | 159,065,815 |
Annual Total Result | 5,201,360 | 7,694,142 | 14,445,860 |
Total assets | 129,178,931 | 143,655,166 | 121,467,605 |
Total liabilities | 49,022,528 | 68,700,123 | 54,206,704 |
Total equity | 80,156,403 | 74,955,043 | 67,260,901 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 138,396,722 | 160,309,595 | 159,065,815 |
Total operating costs | 129,775,023 | 148,037,070 | 143,529,005 |
Operating result | 8,621,699 | 12,272,525 | 15,536,810 |
Financial income/costs | -1,866,296 | -2,637,674 | 2,366,596 |
Profit before tax | 6,755,403 | 9,634,851 | 17,903,406 |
Total tax & extraordinary income/cost | 1,554,043 | 1,940,709 | 3,457,546 |
Annual Total Result | 5,201,360 | 7,694,142 | 14,445,860 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 20,842,880 | 23,429,363 | 24,481,455 |
Total current assets | 108,336,051 | 120,225,802 | 96,986,150 |
Total assets | 129,178,931 | 143,655,166 | 121,467,605 |
Short term debt | 36,585,725 | 53,263,320 | 44,719,621 |
Long term debt | 12,436,803 | 15,436,803 | 9,487,083 |
Total liabilities | 49,022,528 | 68,700,123 | 54,206,704 |
Contributed capital | 37,493,181 | 37,493,181 | 37,493,181 |
Retained earnings | 42,663,221 | 37,461,861 | 29,767,719 |
Total equity | 80,156,403 | 74,955,043 | 67,260,901 |
Total equity and liabilities | 129,178,931 | 143,655,166 | 121,467,605 |
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