WAY DOWN SOUTH AS • 915939171 • Oslo • Food and beverage service activities

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Hotel and catering

/ Food and drink

WAY DOWN SOUTH AS

Keywords

togservering

Organization

CEO: AL
Ann Sung-An Lee1982
Chairman of the board: AL
Ann Sung-An Lee1982
Years since formation: 9 years; since Sep 18, 2015
Type: Limited company
VAT registered: Yes
Number of employees: 24

Ownership

Number of shares and share classes: 30,000; 1 share class
Total number of shareholders: 3; companies
Belongs to group of

Financials

Total operating income 2022: 23,710,494; NOK
Annual total result 2022: 897,619; NOK
Total equity 2022: 346,851; NOK

Last update: Dec 12, 2024

Management

Management / administration

Name	Role	Shares
AL Ann Sung-An Lee 1982	Managing Director/CEO	32 % indirectly

Board

Name	Role	Shares
AL Ann Sung-An Lee 1982	Chairman	32 % indirectly
BW Brian Dahl Weir 1984	Board Member	40 % indirectly
EC Eric Christian King Skovsgaard 1982	Board Member	9.94 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
BW Brian Dahl Weir 1984	Board Member	40 % indirectly
AL Ann Sung-An Lee 1982	Managing Director/CEO, Chairman	32 % indirectly
JF Jon Finn Albert Skovsgaard 1939	-	10.06 % indirectly
EC Eric Christian King Skovsgaard 1982	Board Member	9.94 % indirectly
ML Marianne Lele Morgan 1981	-	2 % indirectly

Last update: Dec 22, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
T THE CORE AS	Ordinary shares	12,000	40 %
B BDW HOLDING AS	Ordinary shares	12,000	40 %
T TALITY INVEST AS	Ordinary shares	6,000	20 %

Shares owned by the WAY DOWN SOUTH AS

Name	Share class	Number of shares	Share
D DOWN SOUTH DELI AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

WAY DOWN SOUTH AS
Total operating income 2022: NOK 23,710,494
Operating profit 2022: NOK 1,202,583
Employees: 24

Financials

in NOK

Summary

Year	2022	2021
Total operating income	23,710,494	18,483,481
Annual Total Result	897,619	1,553,404
Total assets	4,796,926	5,695,414
Total liabilities	4,450,074	5,146,181
Total equity	346,851	549,232

P&L

Year	2022	2021
Total operating income	23,710,494	18,483,481
Total operating costs	22,507,911	16,411,151
Operating result	1,202,583	2,072,330
Financial income/costs	-12,134	-45,348
Profit before tax	1,190,449	2,026,982
Total tax & extraordinary income/cost	292,830	473,578
Annual Total Result	897,619	1,553,404

Balance overview

Year	2022	2021
Total fixed assets	1,209,354	1,429,031
Total current assets	3,587,572	4,266,383
Total assets	4,796,926	5,695,414
Short term debt	4,343,486	4,562,575
Long term debt	106,589	583,607
Total liabilities	4,450,074	5,146,181
Contributed capital	21,834	21,834
Retained earnings	325,017	527,398
Total equity	346,851	549,232
Total equity and liabilities	4,796,926	5,695,414

Classification

Category

Hotel and catering

/ Food and drink

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

I

Main industrial area

Accommodation and food service activities

56

Activity

Food and beverage service activities

56.1

Main industrial group

Restaurants and mobile food service activities

56.10

Industrial group

Restaurants and mobile food service activities

56.101

Industrial group

Operation of restaurants and cafes