REECO AS
Organization
- CEO
- AR
Arve Ree1977
- Chairman of the board
- AR
Arve Ree1977
- Years since formation
- 12 years
- since Feb 4, 2013
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- 116,003,487
- NOK
- Total equity 2024
- 320,877,452
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AR 1977 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AR 1977 | Chairman | 100 % directly |
KR 1947 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AR 1977 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Dec 31, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AR 1977 | Ordinary shares | 100 | 100 % |
Shares owned by the REECO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| A-shares | 2,100 | 7 % | |
| Ordinary shares | 1,639,269 | 2.67 % | |
| NO0010209331 | 799,978 | 0.97 % | |
| NO0010397581 | 82,642 | 0.11 % | |
| NO0005638858 | 97,169 | 0.1 % | |
| NO0010379266 | 9,627 | 0.04 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 116,003,487 | 60,521,433 | 30,077,390 | 17,322,409 |
Total assets | 341,093,628 | 256,562,871 | 174,488,228 | 114,367,148 |
Total liabilities | 20,216,177 | 51,688,907 | 30,135,696 | 20,092,006 |
Total equity | 320,877,452 | 204,873,965 | 144,352,532 | 94,275,142 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 3,009,865 | 134,326 | 79,275 | 59,613 |
Operating result | -3,009,865 | -134,326 | -79,275 | -59,613 |
Financial income/costs | 119,020,069 | 60,738,985 | 30,194,255 | 17,322,740 |
Profit before tax | 116,010,204 | 60,604,660 | 30,114,980 | 17,263,127 |
Total tax & extraordinary income/cost | 6,717 | 83,227 | 37,590 | -59,282 |
Annual Total Result | 116,003,487 | 60,521,433 | 30,077,390 | 17,322,409 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 4,655,712 | 2,947,024 | 4,031,231 | 16,075,210 |
Total current assets | 336,437,916 | 253,615,848 | 170,456,997 | 98,291,938 |
Total assets | 341,093,628 | 256,562,871 | 174,488,228 | 114,367,148 |
Short term debt | 91,271 | 5,692,417 | 46,216 | 20,011,475 |
Long term debt | 20,124,906 | 45,996,490 | 30,089,480 | 80,531 |
Total liabilities | 20,216,177 | 51,688,907 | 30,135,696 | 20,092,006 |
Contributed capital | 65,139,000 | 65,139,000 | 65,139,000 | 45,139,000 |
Retained earnings | 255,738,452 | 139,734,965 | 79,213,532 | 49,136,142 |
Total equity | 320,877,452 | 204,873,965 | 144,352,532 | 94,275,142 |
Total equity and liabilities | 341,093,628 | 256,562,871 | 174,488,228 | 114,367,148 |
Classification
Type of organization
Limited company