TURN AROUND AS
Organization
- CEO
- Chairman of the board
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 456,000
- NOK
- Annual total result 2024
- 847,328
- NOK
- Total equity 2024
- 1,413,467
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | 50 % directly | |
| Board Member | 50 % directly | |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO, Chairman | 50 % directly | |
| Board Member | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 50 | 50 % |
Shares owned by the TURN AROUND AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Class B shares | 5,000 | 5.88 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 456,000 | 583,500 | 778,000 | 644,612 |
Annual Total Result | 847,328 | 1,210,111 | -1,349,985 | 770,789 |
Total assets | 9,163,373 | 8,577,047 | 12,034,744 | 4,809,889 |
Total liabilities | 7,749,906 | 8,010,909 | 12,678,717 | 4,103,878 |
Total equity | 1,413,467 | 566,139 | -643,972 | 706,011 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 456,000 | 583,500 | 778,000 | 644,612 |
Total operating costs | 197,054 | 263,836 | 278,846 | 204,040 |
Operating result | 258,946 | 319,664 | 499,154 | 440,572 |
Financial income/costs | 676,557 | 972,789 | -1,735,210 | 525,100 |
Profit before tax | 935,503 | 1,292,453 | -1,236,056 | 965,672 |
Total tax & extraordinary income/cost | 88,175 | 82,342 | 113,929 | 194,883 |
Annual Total Result | 847,328 | 1,210,111 | -1,349,985 | 770,789 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 8,031,680 | 7,313,643 | 11,151,637 | 2,838,738 |
Total current assets | 1,131,693 | 1,263,404 | 883,107 | 1,971,151 |
Total assets | 9,163,373 | 8,577,047 | 12,034,744 | 4,809,889 |
Short term debt | 68,433 | 156,748 | 115,445 | 197,122 |
Long term debt | 7,681,473 | 7,854,160 | 12,563,272 | 3,906,756 |
Total liabilities | 7,749,906 | 8,010,909 | 12,678,717 | 4,103,878 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,313,467 | 466,139 | -743,972 | 606,011 |
Total equity | 1,413,467 | 566,139 | -643,972 | 706,011 |
Total equity and liabilities | 9,163,373 | 8,577,047 | 12,034,744 | 4,809,889 |
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