NORTH EUROPEAN OIL TRADE AS
Organization
- CEO
- SE
- Chairman of the board
- VH
- Years since formation
- 10 years
- since Aug 27, 2015
- 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
- 1
- person
Financials
- Total operating income 2024
- 16,352,885,000
- NOK
- Annual total result 2024
- 2,553,000
- NOK
- Total equity 2024
- 50,549,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SE | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
VH | Chairman | - |
SE | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Nov 21, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 16,352,885,000 | 18,560,283,000 | 22,165,217,000 | 11,056,926,000 |
Annual Total Result | 2,553,000 | 10,558,000 | 12,801,000 | -17,145,000 |
Total assets | 2,078,454,000 | 2,498,391,000 | 2,162,842,000 | 1,450,473,000 |
Total liabilities | 2,027,905,000 | 2,450,396,000 | 2,125,406,000 | 1,425,839,000 |
Total equity | 50,549,000 | 47,995,000 | 37,437,000 | 24,635,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 16,352,885,000 | 18,560,283,000 | 22,165,217,000 | 11,056,926,000 |
Total operating costs | 16,328,031,000 | 18,667,969,000 | 21,959,576,000 | 10,668,413,000 |
Operating result | 24,854,000 | -107,686,000 | 205,641,000 | 388,513,000 |
Financial income/costs | -21,725,000 | 119,713,000 | -187,863,000 | -411,253,000 |
Profit before tax | 3,129,000 | 12,026,000 | 17,778,000 | -22,740,000 |
Total tax & extraordinary income/cost | 576,000 | 1,468,000 | 4,977,000 | -5,595,000 |
Annual Total Result | 2,553,000 | 10,558,000 | 12,801,000 | -17,145,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 4,977,000 |
Total current assets | 2,078,454,000 | 2,498,391,000 | 2,162,842,000 | 1,445,496,000 |
Total assets | 2,078,454,000 | 2,498,391,000 | 2,162,842,000 | 1,450,473,000 |
Short term debt | 2,027,905,000 | 2,450,396,000 | 2,125,406,000 | 1,425,839,000 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 2,027,905,000 | 2,450,396,000 | 2,125,406,000 | 1,425,839,000 |
Contributed capital | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 |
Retained earnings | 41,549,000 | 38,995,000 | 28,437,000 | 15,635,000 |
Total equity | 50,549,000 | 47,995,000 | 37,437,000 | 24,635,000 |
Total equity and liabilities | 2,078,454,000 | 2,498,391,000 | 2,162,843,000 | 1,450,474,000 |
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