NORCUT AS
Organization
- CEO
- Chairman of the board
- BH
- Years since formation
- 27 years
- since May 4, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 20
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 5,966,581
- NOK
- Annual total result 2024
- -315,882
- NOK
- Total equity 2024
- 1,359,065
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
BH | Chairman | 100 % directly |
| Board Member | - | |
JØ 1969 | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
BH | Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
BH | Ordinary shares | 20 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,966,581 | 6,429,601 | 7,441,763 | 7,449,572 |
Annual Total Result | -315,882 | -63,932 | 255,333 | 447,157 |
Total assets | 3,214,962 | 3,301,876 | 3,764,841 | 3,549,092 |
Total liabilities | 1,855,897 | 1,626,929 | 2,025,962 | 2,065,547 |
Total equity | 1,359,065 | 1,674,947 | 1,738,879 | 1,483,546 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,966,581 | 6,429,601 | 7,441,763 | 7,449,572 |
Total operating costs | 6,227,292 | 6,441,473 | 7,039,198 | 6,838,752 |
Operating result | -260,711 | -11,873 | 402,565 | 610,821 |
Financial income/costs | -55,171 | -23,676 | -43,025 | -18,013 |
Profit before tax | -315,882 | -35,549 | 359,540 | 592,807 |
Total tax & extraordinary income/cost | 0 | 28,383 | 104,207 | 145,650 |
Annual Total Result | -315,882 | -63,932 | 255,333 | 447,157 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 89 | 34,889 | 42,120 | 79,246 |
Total current assets | 3,214,873 | 3,266,988 | 3,722,721 | 3,469,847 |
Total assets | 3,214,962 | 3,301,876 | 3,764,841 | 3,549,092 |
Short term debt | 1,191,897 | 1,079,345 | 1,375,669 | 1,297,365 |
Long term debt | 664,000 | 547,584 | 650,293 | 768,182 |
Total liabilities | 1,855,897 | 1,626,929 | 2,025,962 | 2,065,547 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,259,065 | 1,574,947 | 1,638,879 | 1,383,546 |
Total equity | 1,359,065 | 1,674,947 | 1,738,879 | 1,483,546 |
Total equity and liabilities | 3,214,962 | 3,301,876 | 3,764,841 | 3,549,092 |
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