PICASSO AS
Links
Organization
- CEO
- KE
Knut Eidissen1960
- Chairman of the board
- KE
Knut Eidissen1960
- Years since formation
- 20 years
- since Aug 27, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 2
- persons
- Belongs to group of
Financials
- Total operating income 2024
- 4,516,578
- NOK
- Annual total result 2024
- -4,351,003
- NOK
- Total equity 2024
- 23,496,222
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KE 1960 | Managing Director/CEO | 90.1 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KE 1960 | Chairman | 90.1 % directly |
JH | Board Member | - |
KH | Board Member | - |
| Alternate Member | 9.9 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KE 1960 | Managing Director/CEO, Chairman | 90.1 % directly |
| Alternate Member | 9.9 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KE 1960 | Ordinary shares | 901 | 90.1 % |
| Ordinary shares | 99 | 9.9 % |
Shares owned by the PICASSO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,250 | 100 % | |
| Ordinary shares | 2,800 | 100 % | |
| Ordinary shares | 294,118 | 100 % | |
| Ordinary shares | 901 | 90.1 % | |
| Ordinary shares | 39,615 | 63.63 % | |
| Ordinary shares | 6,945 | 51.98 % | |
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 96,079 | 49 % | |
| Ordinary shares | 1,124 | 35.18 % | |
| NO0010799679 | 3,360,117 | 8.75 % | |
| Ordinary shares | 37,099 | 1.17 % | |
| NO0010405780 | 695,753 | 1.02 % | |
| NO0010797350 | 7,861 | 0.66 % | |
| NO0012962945 | 6 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 4,516,578Operating profit 2024: NOK 1,454,099Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,516,578 | 4,623,504 | 4,304,773 | 4,658,230 |
Annual Total Result | -4,351,003 | -4,239,191 | -624,862 | 2,491,925 |
Total assets | 44,513,145 | 49,841,410 | 55,419,433 | 53,659,784 |
Total liabilities | 21,016,923 | 21,994,185 | 23,333,017 | 21,590,862 |
Total equity | 23,496,222 | 27,847,225 | 32,086,416 | 32,068,922 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,516,578 | 4,623,504 | 4,304,773 | 4,658,230 |
Total operating costs | 3,062,479 | 3,061,540 | 3,200,812 | 3,177,040 |
Operating result | 1,454,099 | 1,561,964 | 1,103,961 | 1,481,190 |
Financial income/costs | -5,672,193 | -5,420,705 | -1,492,188 | 1,438,714 |
Profit before tax | -4,218,094 | -3,858,741 | -388,227 | 2,919,904 |
Total tax & extraordinary income/cost | 132,909 | 380,450 | 236,635 | 427,979 |
Annual Total Result | -4,351,003 | -4,239,191 | -624,862 | 2,491,925 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 40,539,710 | 46,527,801 | 52,572,561 | 51,590,030 |
Total current assets | 3,973,434 | 3,313,609 | 2,846,872 | 2,069,754 |
Total assets | 44,513,145 | 49,841,410 | 55,419,433 | 53,659,784 |
Short term debt | 9,208,703 | 8,734,591 | 9,618,338 | 8,028,418 |
Long term debt | 11,808,220 | 13,259,595 | 13,714,679 | 13,562,444 |
Total liabilities | 21,016,923 | 21,994,185 | 23,333,017 | 21,590,862 |
Contributed capital | 1,216,000 | 1,216,000 | 1,216,000 | 1,216,000 |
Retained earnings | 22,280,222 | 26,631,225 | 30,870,416 | 30,852,922 |
Total equity | 23,496,222 | 27,847,225 | 32,086,416 | 32,068,922 |
Total equity and liabilities | 44,513,145 | 49,841,410 | 55,419,433 | 53,659,784 |
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