GEIR OLSEN MASKIN AS
Organization
- CEO
- GE
Geir Eldar Olsen1970
- Chairman of the board
- GE
Geir Eldar Olsen1970
- Years since formation
- 10 years
- since Jan 12, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 181,082
- NOK
- Annual total result 2024
- -69,294
- NOK
- Total equity 2024
- -1,562,484
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GE 1970 | Managing Director/CEO | 70 % directly |
Board
| Name | Role | Shares |
|---|---|---|
GE 1970 | Chairman | 70 % directly |
HO | Board Member | 30 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
GE 1970 | Managing Director/CEO, Chairman | 70 % directly |
HO | Board Member | 30 % directly |
Last update: Jul 29, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
GE 1970 | Ordinary shares | 21 | 70 % |
HO | Ordinary shares | 9 | 30 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 181,082 | 236,245 | 317,562 | 84,675 |
Annual Total Result | -69,294 | -681,529 | -194,028 | -477,657 |
Total assets | 238,766 | 248,551 | 832,958 | 710,302 |
Total liabilities | 1,801,249 | 1,741,740 | 1,644,619 | 1,327,934 |
Total equity | -1,562,484 | -1,493,189 | -811,660 | -617,632 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 181,082 | 236,245 | 317,562 | 84,675 |
Total operating costs | 273,210 | 610,993 | 547,221 | 689,842 |
Operating result | -92,128 | -374,748 | -229,659 | -605,167 |
Financial income/costs | 22,834 | -19,229 | -19,095 | -7,214 |
Profit before tax | -69,294 | -393,977 | -248,754 | -612,381 |
Total tax & extraordinary income/cost | 0 | 287,552 | -54,726 | -134,724 |
Annual Total Result | -69,294 | -681,529 | -194,028 | -477,657 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,330 | 6,991 | 299,204 | 254,209 |
Total current assets | 236,436 | 241,560 | 533,755 | 456,093 |
Total assets | 238,766 | 248,551 | 832,958 | 710,302 |
Short term debt | 1,253,004 | 1,193,495 | 1,096,373 | 779,689 |
Long term debt | 548,245 | 548,245 | 548,245 | 548,245 |
Total liabilities | 1,801,249 | 1,741,740 | 1,644,619 | 1,327,934 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | -1,592,484 | -1,523,189 | -841,660 | -647,632 |
Total equity | -1,562,484 | -1,493,189 | -811,660 | -617,632 |
Total equity and liabilities | 238,766 | 248,551 | 832,958 | 710,302 |
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