Organization
- CEO
- ET
Emil Tungehaug1977
- Chairman of the board
- GS
- Years since formation
- 8 years
- since Mar 23, 2017
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 106
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 160,294,142
- NOK
- Annual total result 2024
- 162,285
- NOK
- Total equity 2024
- 11,361,269
- NOK
Last update: Jul 21, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ET 1977 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
GS | Chairman | - |
ET 1977 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Nov 28, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -46,441Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 160,294,142 | 136,912,551 | 90,140,550 | 77,293,229 |
Annual Total Result | 162,285 | 7,629,627 | 8,351,815 | 4,874,184 |
Total assets | 77,804,119 | 51,505,114 | 34,421,164 | 26,869,213 |
Total liabilities | 66,442,850 | 39,493,696 | 32,168,310 | 26,787,002 |
Total equity | 11,361,269 | 12,011,417 | 2,252,853 | 82,212 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 160,294,142 | 136,912,551 | 90,140,550 | 77,293,229 |
Total operating costs | 157,968,750 | 126,092,726 | 79,368,611 | 71,025,777 |
Operating result | 2,325,392 | 10,819,825 | 10,771,939 | 6,267,451 |
Financial income/costs | -2,096,615 | -1,028,628 | -46,172 | 2,725 |
Profit before tax | 228,777 | 9,791,197 | 10,725,768 | 6,270,176 |
Total tax & extraordinary income/cost | 66,492 | 2,161,570 | 2,373,953 | 1,395,992 |
Annual Total Result | 162,285 | 7,629,627 | 8,351,815 | 4,874,184 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 27,997,757 | 13,345,954 | 6,452,176 | 2,173,974 |
Total current assets | 49,806,362 | 38,159,160 | 27,968,988 | 24,695,239 |
Total assets | 77,804,119 | 51,505,114 | 34,421,164 | 26,869,213 |
Short term debt | 51,399,252 | 31,128,723 | 27,833,064 | 26,787,002 |
Long term debt | 15,043,598 | 8,364,974 | 4,335,246 | 0 |
Total liabilities | 66,442,850 | 39,493,696 | 32,168,310 | 26,787,002 |
Contributed capital | 10,030,000 | 10,030,000 | 30,000 | 30,000 |
Retained earnings | 1,331,269 | 1,981,417 | 2,222,853 | 52,212 |
Total equity | 11,361,269 | 12,011,417 | 2,252,853 | 82,212 |
Total equity and liabilities | 77,804,119 | 51,505,114 | 34,421,164 | 26,869,213 |
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