Organization
- CEO
- ML
Martin Lorentzen1972
- Chairman of the board
- JM
Johan Mohn1954
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100,000
- 4 share classes
- Total number of shareholders
- 11
- 9 companies, 2 persons
- Belongs to group of
Financials
- Total operating income 2023
- 18,280,000
- NOK
- Annual total result 2023
- 119,596,943
- NOK
- Total equity 2023
- 292,888,409
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ML 1972 | Managing Director/CEO | 21.5 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
JM 1954 | Chairman | - |
HJ | Board Member | 5 % indirectly |
SL 1944 | Board Member | 2 % indirectly |
ML 1972 | Board Member | 21.5 % indirectly |
| Board Member | 10.64 % indirectly | |
FL 1975 | Board Member | 21.5 % indirectly |
ML 1988 | Board Member | 10.64 % indirectly |
| Alternate Member | 10.64 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FL 1975 | Board Member | 21.5 % indirectly |
ML 1972 | Managing Director/CEO, Board Member | 21.5 % indirectly |
| Alternate Member | 10.64 % indirectly | |
ML 1988 | Board Member | 10.64 % indirectly |
| Board Member | 10.64 % indirectly | |
HJ | Board Member | 5 % indirectly |
SL 1944 | Board Member | 2 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| C-shares | 17,490 | 17.49 % | |
| C-shares | 17,490 | 17.49 % | |
| A-shares | 13,076 | 13.08 % | |
| A-shares | 10,641 | 10.64 % | |
| A-shares | 10,641 | 10.64 % | |
| A-shares | 10,641 | 10.64 % | |
| C-shares | 10,019 | 10.02 % | |
| Class B shares | 5,000 | 5 % | |
| D-shares | 5,000 | 5 % | |
JM 1954 | A-shares | 1 | < 0.01 % |
JM 1954 | C-shares | 1 | < 0.01 % |
Shares owned by the BRØDRENE LORENTZEN AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 200 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 500 | 100 % | |
| NO0004527607 | 3,600,000 | 9 % | |
| NO0003733800 | 55,000 | < 0.01 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 18,280,000Operating profit 2023: NOK 15,168,063Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 18,280,000 | 16,050,000 | 15,850,000 |
Annual Total Result | 119,596,943 | 101,544,271 | 102,449,806 |
Total assets | 344,626,847 | 328,971,177 | 322,839,574 |
Total liabilities | 51,738,437 | 54,879,711 | 60,292,378 |
Total equity | 292,888,409 | 274,091,466 | 262,547,196 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 18,280,000 | 16,050,000 | 15,850,000 |
Total operating costs | 3,111,937 | 3,266,570 | 3,152,684 |
Operating result | 15,168,063 | 12,783,430 | 12,697,316 |
Financial income/costs | 110,414,911 | 93,005,500 | 94,948,182 |
Profit before tax | 125,582,974 | 105,788,931 | 107,645,499 |
Total tax & extraordinary income/cost | 5,986,031 | 4,244,660 | 5,195,693 |
Annual Total Result | 119,596,943 | 101,544,271 | 102,449,806 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 292,450,507 | 292,416,187 | 292,323,347 |
Total current assets | 52,176,340 | 36,554,990 | 30,516,227 |
Total assets | 344,626,847 | 328,971,177 | 322,839,574 |
Short term debt | 6,860,437 | 5,157,711 | 5,992,378 |
Long term debt | 44,878,000 | 49,722,000 | 54,300,000 |
Total liabilities | 51,738,437 | 54,879,711 | 60,292,378 |
Contributed capital | 121,000,000 | 121,000,000 | 121,000,000 |
Retained earnings | 171,888,409 | 153,091,466 | 141,547,196 |
Total equity | 292,888,409 | 274,091,466 | 262,547,196 |
Total equity and liabilities | 344,626,847 | 328,971,177 | 322,839,574 |
Classification
Category
Type of organization
Limited company
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
46
Activity
Wholesale trade, except of motor vehicles and motorcycles
46.3
Main industrial group
Wholesale of food, beverages and tobacco
46.39
Industrial group
Non-specialised wholesale of food, beverages and tobacco
46.390
Industrial group
Non-specialised wholesale of food, beverages and tobacco