ALTOR EQUITY PARTNERS AS

Entrepreneurs at heart. Engaged in partnerships built on curiosity, creativity and achieving a lasting impact.

Keywords

consultingguidanceassistancemanagement issuesstrategicorganizationalreorganizationbusiness procedureschange managementcost reductionpersonnelremunerationpension strategiesproduction planningcontrol planninglobbyingaccounting procedurescost accountingbudget control proceduresrationalizationcontrolmanagement information

Organization

CEO: ØW
Øistein Widding1969
Chairman of the board: ØW
Øistein Widding1969
Years since formation: 20 years; since Mar 1, 2004
Type: Limited company
VAT registered: Yes
Number of employees: 22

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2023: 120,100,000; NOK
Annual total result 2023: 14,630,833; NOK
Total equity 2023: 528,015; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
ØW Øistein Widding 1969	Managing Director/CEO	-

Board

Name	Role	Shares
ØW Øistein Widding 1969	Chairman	-
HC Hans Christian Henning Ragnesjö 1961	Board Member	-
JR Johan Reiersen 1974	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Last update: Jan 10, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
EA Equity Partners As Altor	Ordinary shares	100	100 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	120,100,000	111,241,838	105,342,632
Annual Total Result	14,630,833	13,266,060	12,044,738
Total assets	77,593,120	60,650,134	53,386,546
Total liabilities	77,065,105	60,152,952	52,905,425
Total equity	528,015	497,182	481,122

P&L

Year	2023	2022	2021
Total operating income	120,100,000	111,241,838	105,342,632
Total operating costs	88,279,581	81,710,419	73,687,347
Operating result	31,820,419	29,531,419	31,655,286
Financial income/costs	-12,931,076	-12,393,138	-15,894,382
Profit before tax	18,889,343	17,138,281	15,760,904
Total tax & extraordinary income/cost	4,258,510	3,872,221	3,716,166
Annual Total Result	14,630,833	13,266,060	12,044,738

Balance overview

Year	2023	2022	2021
Total fixed assets	9,323,389	10,510,539	12,174,150
Total current assets	68,269,731	50,139,595	41,212,397
Total assets	77,593,120	60,650,134	53,386,546
Short term debt	76,165,105	58,952,952	52,005,425
Long term debt	900,000	1,200,000	900,000
Total liabilities	77,065,105	60,152,952	52,905,425
Contributed capital	100,000	100,000	100,000
Retained earnings	428,015	397,182	381,122
Total equity	528,015	497,182	481,122
Total equity and liabilities	77,593,120	60,650,134	53,386,546

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