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M

MAGNAR INSTANES AS989 995 502

Contractor activities
Limited company
Huse 5780 KINSARVIK, Norge

MAGNAR INSTANES AS

Keywords

preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work

Organization

Chairman of the board
Years since formation
19 years
since Jun 29, 2006
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
1
person

Financials

Total operating income 2024
6,151,099
NOK
Annual total result 2024
459,280
NOK
Total equity 2024
5,276,885
NOK
Last update: May 14, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO
100 %
directly

Board

NameRoleShares
Chairman
100 %
directly
Alternate Member-

Others

NameRoleShares
V
VEST REVISJON AS
Auditor-
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
100 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
100
100 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
6,151,099
3,972,437
3,951,257
3,862,243
Annual Total Result
459,280
-70,416
-63,917
447,636
Total assets
6,806,264
5,311,162
5,476,340
5,443,837
Total liabilities
1,529,379
493,556
588,318
491,898
Total equity
5,276,885
4,817,606
4,888,022
4,951,939

P&L

Year2024202320222021
Total operating income
6,151,099
3,972,437
3,951,257
3,862,243
Total operating costs
5,640,352
4,099,029
4,043,824
3,294,902
Operating result
510,747
-126,592
-92,567
567,340
Financial income/costs
78,074
36,314
10,623
6,552
Profit before tax
588,821
-90,277
-81,944
573,892
Total tax & extraordinary income/cost
129,541
-19,861
-18,027
126,256
Annual Total Result
459,280
-70,416
-63,917
447,636

Balance overview

Year2024202320222021
Total fixed assets
1,747,239
2,327,539
2,738,737
3,183,589
Total current assets
5,059,025
2,983,623
2,737,603
2,260,248
Total assets
6,806,264
5,311,162
5,476,340
5,443,837
Short term debt
1,502,449
430,724
505,625
391,178
Long term debt
26,930
62,832
82,693
100,720
Total liabilities
1,529,379
493,556
588,318
491,898
Contributed capital
100,000
100,000
100,000
100,000
Retained earnings
5,176,885
4,717,606
4,788,022
4,851,939
Total equity
5,276,885
4,817,606
4,888,022
4,951,939
Total equity and liabilities
6,806,264
5,311,162
5,476,340
5,443,837

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
Standard industrial classification
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.1
Main industrial group
Demolition and site preparation
43.12
Industrial group
Site preparation
43.120
Industrial group
Site preparation