ELEMENTS PRODUCTION AS
Organization
- CEO
- JF
Jan Frode Skeie1970
- Chairman of the board
- JF
Jan Frode Skeie1970
- Years since formation
- 11 years
- since May 30, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 34
Ownership
- Number of shares and share classes
- 3,700,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 419,292,930
- NOK
- Annual total result 2024
- -15,244,410
- NOK
- Total equity 2024
- 76,060,519
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JF 1970 | Managing Director/CEO | 86.74 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
ØO 1967 | Board Member | 7.96 % indirectly |
JF 1970 | Chairman | 86.74 % indirectly |
AK | Board Member | - |
TH 1988 | Board Member | - |
EH | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JF 1970 | Managing Director/CEO, Chairman | 86.74 % indirectly |
ØO 1967 | Board Member | 7.96 % indirectly |
SA | - | 1.33 % indirectly |
EO 1999 | - | 1.33 % indirectly |
TO | - | 1.33 % indirectly |
Last update: Apr 2, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,209,418 | 86.74 % | |
| Ordinary shares | 490,582 | 13.26 % |
Shares owned by the ELEMENTS PRODUCTION AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 5,000 | 100 % | |
| Ordinary shares | 80 | 80 % | |
| Ordinary shares | 748 | 50.95 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 36,000Operating profit 2024: NOK -8,274,910Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 419,292,930 | 442,193,393 | 994,830,040 | 503,195,906 |
Annual Total Result | -15,244,410 | -9,496,436 | 27,950,292 | 2,478,793 |
Total assets | 189,439,225 | 219,344,582 | 208,798,238 | 287,293,183 |
Total liabilities | 113,378,706 | 133,039,653 | 109,431,867 | 215,877,105 |
Total equity | 76,060,519 | 86,304,929 | 99,366,371 | 71,416,078 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 419,292,930 | 442,193,393 | 994,830,040 | 503,195,906 |
Total operating costs | 427,867,750 | 446,828,410 | 952,034,548 | 495,443,280 |
Operating result | -8,574,820 | -4,635,017 | 42,795,492 | 7,752,626 |
Financial income/costs | -9,212,852 | -5,786,276 | -7,042,298 | -4,748,179 |
Profit before tax | -17,787,673 | -10,421,293 | 35,753,194 | 3,004,447 |
Total tax & extraordinary income/cost | -2,543,263 | -924,857 | 7,802,902 | 525,654 |
Annual Total Result | -15,244,410 | -9,496,436 | 27,950,292 | 2,478,793 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 39,397,763 | 43,602,002 | 52,942,533 | 40,596,823 |
Total current assets | 150,041,462 | 175,742,580 | 155,855,704 | 246,696,360 |
Total assets | 189,439,225 | 219,344,582 | 208,798,238 | 287,293,183 |
Short term debt | 113,378,706 | 133,039,653 | 109,431,867 | 215,877,105 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 113,378,706 | 133,039,653 | 109,431,867 | 215,877,105 |
Contributed capital | 62,501,055 | 57,501,055 | 57,501,055 | 57,501,055 |
Retained earnings | 13,559,464 | 28,803,873 | 41,865,316 | 13,915,023 |
Total equity | 76,060,519 | 86,304,929 | 99,366,371 | 71,416,078 |
Total equity and liabilities | 189,439,225 | 219,344,582 | 208,798,238 | 287,293,183 |
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