WAVES OF NORTH AS
Organization
- CEO
- AO
Aina Olsen1972
- Chairman of the board
- AO
Aina Olsen1972
- Years since formation
- 6 years
- since Nov 21, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,111
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 20,000
- NOK
- Annual total result 2024
- -325,060
- NOK
- Total equity 2024
- -1,439,439
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AO 1972 | Managing Director/CEO | 90.01 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AO 1972 | Chairman | 90.01 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AO 1972 | Managing Director/CEO, Chairman | 90.01 % directly |
HO 1990 | - | 3.33 % indirectly |
GO 1987 | - | 3.33 % indirectly |
IK 1984 | - | 3.33 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AO 1972 | Ordinary shares | 1,000 | 90.01 % |
| Ordinary shares | 111 | 9.99 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 20,000 | 0 | 0 | 0 |
Annual Total Result | -325,060 | -392,949 | -852,743 | -901,969 |
Total assets | 66,905 | 263,487 | 960,680 | 712,124 |
Total liabilities | 1,506,344 | 1,377,866 | 1,682,110 | 580,811 |
Total equity | -1,439,439 | -1,114,379 | -721,430 | 131,312 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 20,000 | 0 | 0 | 0 |
Total operating costs | 231,122 | 303,114 | 784,032 | 902,894 |
Operating result | -211,122 | -303,114 | -784,032 | -902,894 |
Financial income/costs | -113,939 | -89,834 | -68,710 | 0 |
Profit before tax | -325,060 | -392,949 | -852,743 | -902,894 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | -925 |
Annual Total Result | -325,060 | -392,949 | -852,743 | -901,969 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 39,340 | 82,948 | 126,556 | 170,164 |
Total current assets | 27,565 | 180,540 | 834,124 | 541,960 |
Total assets | 66,905 | 263,487 | 960,680 | 712,124 |
Short term debt | 370,992 | 258,846 | 448,510 | 447,211 |
Long term debt | 1,135,352 | 1,119,020 | 1,233,600 | 133,600 |
Total liabilities | 1,506,344 | 1,377,866 | 1,682,110 | 580,811 |
Contributed capital | 1,030,000 | 1,030,000 | 1,030,000 | 1,030,000 |
Retained earnings | -2,469,439 | -2,144,379 | -1,751,430 | -898,688 |
Total equity | -1,439,439 | -1,114,379 | -721,430 | 131,312 |
Total equity and liabilities | 66,905 | 263,487 | 960,680 | 712,124 |
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