Organization
- CEO
- IS
Isam Safar Said1986
- Chairman of the board
- JW
Jalil Waisy1979
- Years since formation
- 5 years
- since Mar 25, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 2,572,948
- NOK
- Annual total result 2024
- -733,634
- NOK
- Total equity 2024
- 1,117,284
- NOK
Last update: Jun 26, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IS 1986 | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
JW 1979 | Chairman | 50 % indirectly |
IS 1986 | Board Member | 50 % indirectly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JW 1979 | Chairman | 50 % indirectly |
IS 1986 | Managing Director/CEO, Board Member | 50 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -4,480Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 2,572,948 | 3,964,861 | 4,789,308 | 3,313,992 |
Annual Total Result | -733,634 | 384,937 | 1,339,465 | 934,586 |
Total assets | 2,910,035 | 4,129,096 | 4,162,947 | 1,911,952 |
Total liabilities | 1,792,751 | 1,342,177 | 1,760,965 | 849,436 |
Total equity | 1,117,284 | 2,786,919 | 2,401,982 | 1,062,516 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 2,572,948 | 3,964,861 | 4,789,308 | 3,313,992 |
Total operating costs | 3,293,035 | 3,440,336 | 3,061,767 | 2,115,786 |
Operating result | -720,088 | 524,525 | 1,727,541 | 1,198,206 |
Financial income/costs | -20,836 | -31,017 | -18,959 | -8,238 |
Profit before tax | -740,924 | 493,509 | 1,708,582 | 1,189,968 |
Total tax & extraordinary income/cost | -7,290 | 108,572 | 369,117 | 255,382 |
Annual Total Result | -733,634 | 384,937 | 1,339,465 | 934,586 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 233,693 | 564,781 | 552,480 | 325,600 |
Total current assets | 2,676,342 | 3,564,315 | 3,610,467 | 1,586,352 |
Total assets | 2,910,035 | 4,129,096 | 4,162,947 | 1,911,952 |
Short term debt | 1,623,353 | 995,169 | 1,372,619 | 655,421 |
Long term debt | 169,398 | 347,008 | 388,346 | 194,015 |
Total liabilities | 1,792,751 | 1,342,177 | 1,760,965 | 849,436 |
Contributed capital | 24,430 | 24,430 | 24,430 | 24,430 |
Retained earnings | 1,092,854 | 2,762,489 | 2,377,552 | 1,038,086 |
Total equity | 1,117,284 | 2,786,919 | 2,401,982 | 1,062,516 |
Total equity and liabilities | 2,910,035 | 4,129,096 | 4,162,947 | 1,911,952 |
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
43.3
Main industrial group
Building completion and finishing
43.34
Industrial group
Painting and glazing
43.341
Industrial group
Painting