GSE DESIGN AS • 997788966 • Fitjar • Other professional, scientific and technical activities

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GSE DESIGN AS

Keywords

product developmentprocess developmentdesign businesstextilesclothingshoesjewellerygold goodssilver goodsfurnitureinterior itemsfashion goods

Organization

Chairman of the board: ES
Egil Sandvik1971
Years since formation: 12 years; since Jan 4, 2012
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 500; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 56,250,000; NOK
Annual total result 2023: 57,125,643; NOK
Total equity 2023: 167,638,902; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
RO Ranveig Olga Flatråker Ottestad 1962	Contact Person	-
ES Egil Sandvik 1971	Chairman	25.5 % indirectly
GS Gunny Sandvik 1966	Board Member	30 % indirectly

Others

Name	Role	Shares
B BJØRGVIN REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
GS Gunny Sandvik 1966	Board Member	30 % indirectly
ES Egil Sandvik 1971	Chairman	25.5 % indirectly
TS Trym Sandvik Steinshamn 1993	-	20 % indirectly
KA Karl Andreas Sandvik 1999	-	11 % indirectly
SS Svein Koløen Sandvik 2002	-	11 % indirectly
JK Justine Koløen 1971	-	2.5 % indirectly

Last update: Jan 17, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
G GSE SANDVIK AS	Ordinary shares	500	100 %

Shares owned by the GSE DESIGN AS

Name	Share class	Number of shares	Share
S SALT SHIP DESIGN AS	Ordinary shares	2,000,000	62.5 %
H HAVSALT AS	Ordinary shares	219,402	59.09 %
J JK.ARKITEKTUR AS	Ordinary shares	50	50 %

Last update: May 24, 2024

Group structure

GSE SANDVIK AS
Total operating income 2023: NOK 4,624,958
Operating profit 2023: NOK -5,169,412
Employees: 5

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	56,250,000	21,562,500	22,875,000
Annual Total Result	57,125,643	21,491,561	22,703,086
Total assets	168,399,399	110,710,144	89,199,892
Total liabilities	760,497	196,885	178,194
Total equity	167,638,902	110,513,259	89,021,698

P&L

Year	2023	2022	2021
Total operating income	56,250,000	21,562,500	22,875,000
Total operating costs	55,595	48,973	46,848
Operating result	56,194,405	21,513,527	22,828,152
Financial income/costs	1,654,235	140,544	20,003
Profit before tax	57,848,640	21,654,071	22,848,155
Total tax & extraordinary income/cost	722,997	162,510	145,069
Annual Total Result	57,125,643	21,491,561	22,703,086

Balance overview

Year	2023	2022	2021
Total fixed assets	101,480,201	92,417,601	75,605,001
Total current assets	66,919,198	18,292,543	13,594,891
Total assets	168,399,399	110,710,144	89,199,892
Short term debt	760,497	196,885	178,194
Long term debt	0	0	0
Total liabilities	760,497	196,885	178,194
Contributed capital	550,000	550,000	550,000
Retained earnings	167,088,902	109,963,259	88,471,698
Total equity	167,638,902	110,513,259	89,021,698
Total equity and liabilities	168,399,399	110,710,144	89,199,892

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

M

Main industrial area

Professional, scientific and technical activities

74

Activity

Other professional, scientific and technical activities

74.1

Main industrial group

Specialised design activities

74.10

Industrial group

Specialised design activities

74.101

Industrial group

Industrial design, product design and other technical design