Organization
- CEO
- MS
Martin Salte1978
- Chairman of the board
- TS
Tor Ståle Hervik1954
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Co-operative
- VAT registered
- Yes
- Number of employees
- 309
Financials
- Total operating income 2023
- 689,656,749
- NOK
- Annual total result 2023
- 3,654,693
- NOK
- Total equity 2023
- 326,401,241
- NOK
Last update: Oct 14, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MS 1978 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TS 1954 | Chairman | - |
EE 1962 | Deputy Chair | - |
II 1959 | Board Member | - |
CK | Board Member | - |
WL 1962 | Board Member | - |
MF 1957 | Board Member | - |
HO | Board Member | - |
MR 1986 | Board Member | - |
PG | Alternate Member | - |
JK | Alternate Member | - |
LM 1965 | Alternate Member | - |
RB 1992 | Alternate Member | - |
KH | Alternate Member | - |
YV 1976 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jun 13, 2023
Ownership
Shares owned by the MADLA HANDELSLAG SA
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 150 | 50 % | |
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 160 | 33.33 % | |
| Ordinary shares | 2,000 | 33.33 % | |
| Ordinary shares | 580 | 20 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 689,656,749Operating profit 2023: NOK 10,230,217Employees: 309
Financials
in NOK
Summary
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 689,656,749 | 584,533,578 |
Annual Total Result | 3,654,693 | 8,700,195 |
Total assets | 578,854,986 | 596,611,893 |
Total liabilities | 252,453,744 | 274,268,337 |
Total equity | 326,401,241 | 322,343,556 |
P&L
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 689,656,749 | 584,533,578 |
Total operating costs | 679,426,531 | 573,241,445 |
Operating result | 10,230,217 | 11,292,133 |
Financial income/costs | -4,490,815 | 664,144 |
Profit before tax | 5,739,403 | 11,956,278 |
Total tax & extraordinary income/cost | 2,084,710 | 3,256,083 |
Annual Total Result | 3,654,693 | 8,700,195 |
Balance overview
| Year | 2023 | 2022 |
|---|---|---|
Total fixed assets | 477,581,886 | 495,675,100 |
Total current assets | 101,273,100 | 100,936,793 |
Total assets | 578,854,986 | 596,611,893 |
Short term debt | 87,288,272 | 80,220,121 |
Long term debt | 165,165,473 | 194,048,217 |
Total liabilities | 252,453,744 | 274,268,337 |
Contributed capital | 8,585,795 | 8,182,084 |
Retained earnings | 317,815,446 | 314,161,472 |
Total equity | 326,401,241 | 322,343,556 |
Total equity and liabilities | 578,854,986 | 596,611,893 |
Classification
Category
Type of organization
Co-operative
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
47
Activity
Retail trade, except of motor vehicles and motorcycles
47.1
Main industrial group
Retail sale in non-specialised stores
47.11
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47.111
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating