MODIN AS
Organization
- CEO
- JO
- Chairman of the board
- JO
- Years since formation
- 21 years
- since Apr 15, 2004
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 20,000
- 1 share class
- Total number of shareholders
- 4
- 1 company, 3 persons
- Belongs to group of
Financials
- Annual total result 2024
- 326,405
- NOK
- Total equity 2024
- 19,296,009
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JO | Managing Director/CEO | 80 % directly |
Board
| Name | Role | Shares |
|---|---|---|
JO | Chairman | 80 % directly |
| Board Member | 5 % indirectly | |
| Board Member | 10 % directly | |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JO | Managing Director/CEO, Chairman | 80 % directly |
| Board Member | 10 % directly | |
| Board Member | 5 % indirectly | |
MK | - | 5 % directly |
Last update: Feb 1, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
JO | Ordinary shares | 16,000 | 80 % |
| Ordinary shares | 2,000 | 10 % | |
| Ordinary shares | 1,000 | 5 % | |
MK | Ordinary shares | 1,000 | 5 % |
Shares owned by the MODIN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,000 | 100 % | |
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 140 | 35 % | |
| Ordinary shares | 215,000 | 31.62 % | |
| Ordinary shares | 780 | 24.96 % | |
| Ordinary shares | 6,240 | 7.71 % | |
| NO0010691660 | 2,000 | 0.02 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -333,585Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 326,405 | 1,427,657 | 3,441,861 | 1,919,440 |
Total assets | 32,040,219 | 31,668,185 | 27,223,373 | 22,174,912 |
Total liabilities | 12,744,209 | 12,598,581 | 9,281,424 | 7,174,825 |
Total equity | 19,296,009 | 19,069,605 | 17,941,948 | 15,000,087 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 333,585 | 165,641 | 107,139 | 106,237 |
Operating result | -333,585 | -165,641 | -107,139 | -106,237 |
Financial income/costs | 659,990 | 1,593,298 | 3,549,000 | 2,025,678 |
Profit before tax | 326,405 | 1,427,657 | 3,441,861 | 1,919,440 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 326,405 | 1,427,657 | 3,441,861 | 1,919,440 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 28,335,519 | 26,621,156 | 23,741,156 | 20,299,423 |
Total current assets | 3,704,700 | 5,047,029 | 3,482,217 | 1,875,489 |
Total assets | 32,040,219 | 31,668,185 | 27,223,373 | 22,174,912 |
Short term debt | 172,902 | 216,329 | 336,209 | 2,183,976 |
Long term debt | 12,571,307 | 12,382,252 | 8,945,215 | 4,990,849 |
Total liabilities | 12,744,209 | 12,598,581 | 9,281,424 | 7,174,825 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 19,196,009 | 18,969,605 | 17,841,948 | 14,900,087 |
Total equity | 19,296,009 | 19,069,605 | 17,941,948 | 15,000,087 |
Total equity and liabilities | 32,040,219 | 31,668,185 | 27,223,373 | 22,174,912 |
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