TOLVSRØD FARVE AS
Links
Organization
- CEO
- Chairman of the board
- MV
Morten Veiglum1969
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 10
Ownership
- Number of shares and share classes
- 26,800
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 13,297,250
- NOK
- Annual total result 2024
- -2,648,113
- NOK
- Total equity 2024
- -4,468,255
- NOK
Last update: Sep 18, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 54.4 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
MV 1969 | Chairman | - |
AL 1969 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 54.4 % indirectly | |
EI | - | 45.6 % indirectly |
Last update: Sep 18, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 26,800 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -7,728Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 13,297,250 | 16,276,411 | 19,033,159 | 22,013,944 |
Annual Total Result | -2,648,113 | -2,239,208 | -1,109,619 | 771,563 |
Total assets | 2,279,285 | 3,869,212 | 4,584,075 | 5,219,362 |
Total liabilities | 6,747,540 | 6,122,360 | 4,598,015 | 4,123,683 |
Total equity | -4,468,255 | -2,253,148 | -13,940 | 1,095,679 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 13,297,250 | 16,276,411 | 19,033,159 | 22,013,944 |
Total operating costs | 15,554,600 | 18,195,975 | 19,926,499 | 21,118,847 |
Operating result | -2,257,350 | -1,919,564 | -893,340 | 895,096 |
Financial income/costs | -390,763 | -319,644 | -216,279 | -123,533 |
Profit before tax | -2,648,113 | -2,239,208 | -1,109,619 | 771,563 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -2,648,113 | -2,239,208 | -1,109,619 | 771,563 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 16,693 | 92,060 | 153,628 | 217,328 |
Total current assets | 2,262,592 | 3,777,152 | 4,430,447 | 5,002,034 |
Total assets | 2,279,285 | 3,869,212 | 4,584,075 | 5,219,362 |
Short term debt | 6,747,540 | 5,420,146 | 4,253,918 | 3,605,955 |
Long term debt | 0 | 702,214 | 344,097 | 517,728 |
Total liabilities | 6,747,540 | 6,122,360 | 4,598,015 | 4,123,683 |
Contributed capital | 2,680,000 | 2,680,000 | 2,680,000 | 2,680,000 |
Retained earnings | -7,148,255 | -4,933,148 | -2,693,940 | -1,584,321 |
Total equity | -4,468,255 | -2,253,148 | -13,940 | 1,095,679 |
Total equity and liabilities | 2,279,285 | 3,869,212 | 4,584,075 | 5,219,362 |
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