Organization
- CEO
- LV
Lars Vasshus1970
- Chairman of the board
- LV
Lars Vasshus1970
- Years since formation
- 20 years
- since Jun 14, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 530
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2023
- 4,735,824
- NOK
- Annual total result 2023
- 2,033,100
- NOK
- Total equity 2023
- 10,526,721
- NOK
Last update: Oct 2, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LV 1970 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
LV 1970 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LV 1970 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
LV 1970 | Ordinary shares | 530 | 100 % |
Shares owned by the TVEITEÅNO KRAFTVERK AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 465 | 0.06 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 4,735,824 | 8,701,353 |
Annual Total Result | 2,033,100 | 3,963,491 |
Total assets | 12,340,115 | 11,306,677 |
Total liabilities | 1,813,394 | 2,813,057 |
Total equity | 10,526,721 | 8,493,621 |
P&L
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 4,735,824 | 8,701,353 |
Total operating costs | 2,639,696 | 3,810,321 |
Operating result | 2,096,128 | 4,891,032 |
Financial income/costs | 459,746 | 153,511 |
Profit before tax | 2,555,874 | 5,044,543 |
Total tax & extraordinary income/cost | 522,774 | 1,081,052 |
Annual Total Result | 2,033,100 | 3,963,491 |
Balance overview
| Year | 2023 | 2022 |
|---|---|---|
Total fixed assets | 11,154,220 | 9,037,201 |
Total current assets | 1,185,895 | 2,269,476 |
Total assets | 12,340,115 | 11,306,677 |
Short term debt | 1,201,286 | 2,813,057 |
Long term debt | 612,108 | 0 |
Total liabilities | 1,813,394 | 2,813,057 |
Contributed capital | 540,000 | 540,000 |
Retained earnings | 9,986,721 | 7,953,621 |
Total equity | 10,526,721 | 8,493,621 |
Total equity and liabilities | 12,340,115 | 11,306,677 |
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
D
Main industrial area
Electricity, gas, steam and air conditioning supply
35
Activity
Electricity, gas, steam and air conditioning supply
35.1
Main industrial group
Electric power generation, transmission and distribution
35.11
Industrial group
Production of electricity
35.111
Industrial group
Production of electricity through water power