Organization
- CEO
- KH
Ketil Helgevold1969
- Chairman of the board
- KH
Ketil Helgevold1969
- Years since formation
- 21 years
- since Sep 16, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 363,748,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 113,375,617
- NOK
- Annual total result 2024
- 60,648,413
- NOK
- Total equity 2024
- 767,888,397
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KH 1969 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JE | Board Member | - |
KH 1969 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jun 17, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 363,748,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 119,105,000Operating profit 2024: NOK 74,763,000Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 113,375,617 | 108,714,986 | 97,051,031 | 91,461,395 |
Annual Total Result | 60,648,413 | 48,918,342 | 36,189,817 | 24,678,391 |
Total assets | 1,261,668,497 | 1,277,617,951 | 1,270,708,424 | 1,306,354,562 |
Total liabilities | 493,780,100 | 524,532,858 | 521,541,674 | 557,377,628 |
Total equity | 767,888,397 | 753,085,093 | 749,166,751 | 748,976,933 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 113,375,617 | 108,714,986 | 97,051,031 | 91,461,395 |
Total operating costs | 28,239,147 | 29,279,090 | 28,818,115 | 29,743,991 |
Operating result | 85,136,470 | 79,435,896 | 68,232,916 | 61,717,404 |
Financial income/costs | -27,070,206 | -30,517,553 | -32,043,098 | -37,039,013 |
Profit before tax | 58,066,264 | 48,918,342 | 36,189,817 | 24,678,391 |
Total tax & extraordinary income/cost | -2,582,149 | 0 | 0 | 0 |
Annual Total Result | 60,648,413 | 48,918,342 | 36,189,817 | 24,678,391 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,208,914,125 | 1,225,710,311 | 1,250,016,741 | 1,269,366,878 |
Total current assets | 52,754,372 | 51,907,640 | 20,691,684 | 36,987,683 |
Total assets | 1,261,668,497 | 1,277,617,951 | 1,270,708,424 | 1,306,354,562 |
Short term debt | 61,492,429 | 74,370,742 | 52,733,678 | 43,628,125 |
Long term debt | 432,287,671 | 450,162,116 | 468,807,996 | 513,749,503 |
Total liabilities | 493,780,100 | 524,532,858 | 521,541,674 | 557,377,628 |
Contributed capital | 403,843,888 | 394,688,997 | 394,688,997 | 394,688,997 |
Retained earnings | 364,044,509 | 358,396,096 | 354,477,754 | 354,287,936 |
Total equity | 767,888,397 | 753,085,093 | 749,166,751 | 748,976,933 |
Total equity and liabilities | 1,261,668,497 | 1,277,617,951 | 1,270,708,424 | 1,306,354,562 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1520
Public incorporated enterprises, owned by local government