Organization
- CEO
- MO
Magne Orstad1952
- Chairman of the board
- MO
Magne Orstad1952
- Years since formation
- 19 years
- since Dec 8, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 70
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2023
- 204,488
- NOK
- Annual total result 2023
- 2,447,116
- NOK
- Total equity 2023
- 12,382,759
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MO 1952 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MO 1952 | Chairman | 100 % directly |
MO 1977 | Board Member | - |
JO 1981 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MO 1952 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
MO 1952 | Ordinary shares | 70 | 100 % |
Shares owned by the MAGNE ORSTAD INVESTERING AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,500 | 35 % | |
| Ordinary shares | 3,500 | 35 % | |
| Ordinary shares | 100 | 33.33 % | |
| NO0010317340 | 1,250,000 | 0.06 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 204,488 | 483,750 | 0 |
Annual Total Result | 2,447,116 | 369,255 | 1,568,611 |
Total assets | 14,949,455 | 13,572,934 | 15,144,035 |
Total liabilities | 2,566,696 | 2,137,292 | 3,832,647 |
Total equity | 12,382,759 | 11,435,642 | 11,311,388 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 204,488 | 483,750 | 0 |
Total operating costs | 66,852 | 47,955 | 94,813 |
Operating result | 137,635 | 435,795 | -94,813 |
Financial income/costs | 2,355,995 | 18,110 | 1,698,809 |
Profit before tax | 2,493,630 | 453,905 | 1,603,996 |
Total tax & extraordinary income/cost | 46,514 | 84,650 | 35,385 |
Annual Total Result | 2,447,116 | 369,255 | 1,568,611 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 6,587,092 | 5,082,092 | 5,127,597 |
Total current assets | 8,362,363 | 8,490,842 | 10,016,438 |
Total assets | 14,949,455 | 13,572,934 | 15,144,035 |
Short term debt | 561,383 | 130,824 | 1,832,647 |
Long term debt | 2,005,313 | 2,006,468 | 2,000,000 |
Total liabilities | 2,566,696 | 2,137,292 | 3,832,647 |
Contributed capital | 70,000 | 70,000 | 70,000 |
Retained earnings | 12,312,759 | 11,365,642 | 11,241,388 |
Total equity | 12,382,759 | 11,435,642 | 11,311,388 |
Total equity and liabilities | 14,949,455 | 13,572,934 | 15,144,035 |
Classification
Category
Type of organization
Limited company
Standard industrial classification
K
Main industrial area
Financial and insurance activities
64
Activity
Financial service activities, except insurance and pension funding
64.3
Main industrial group
Trusts, funds and similar financial entities
64.30
Industrial group
Trusts, funds and similar financial entities
64.308
Industrial group
Captive investment companies