X-ELEMENT AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Organization
- CEO
- Chairman of the board
- BM
Bengt Magnussen1967
- Years since formation
- 8 years
- since Jul 10, 2017
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 500,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 1,482,553
- NOK
- Annual total result 2024
- -273,391
- NOK
- Total equity 2024
- 987,414
- NOK
Last update: Jul 5, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 22.75 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
BM 1967 | Chairman | 22.75 % indirectly |
| Board Member | 22.75 % indirectly | |
JS 1970 | Board Member | 27.39 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JS 1970 | Board Member | 27.39 % indirectly |
| Managing Director/CEO, Board Member | 22.75 % indirectly | |
BM 1967 | Chairman | 22.75 % indirectly |
GT 1970 | - | 14.4 % indirectly |
AO 1971 | - | 9.54 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 450,000 | 90 % | |
| Ordinary shares | 50,000 | 10 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -2,412Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,482,553 | 14,825,162 | 35,419,188 | 27,230,243 |
Annual Total Result | -273,391 | -5,391,626 | -1,529,226 | 1,948,461 |
Total assets | 2,630,131 | 3,630,938 | 9,359,330 | 11,646,291 |
Total liabilities | 1,642,717 | 2,370,133 | 7,706,899 | 10,724,544 |
Total equity | 987,414 | 1,260,805 | 1,652,431 | 921,747 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,482,553 | 14,825,162 | 35,419,188 | 27,230,243 |
Total operating costs | 1,577,281 | 20,012,516 | 36,728,466 | 24,626,614 |
Operating result | -94,729 | -5,187,354 | -1,309,279 | 2,603,630 |
Financial income/costs | -178,662 | -204,272 | -239,322 | -98,886 |
Profit before tax | -273,391 | -5,391,626 | -1,548,601 | 2,504,744 |
Total tax & extraordinary income/cost | 0 | 0 | -19,375 | 556,283 |
Annual Total Result | -273,391 | -5,391,626 | -1,529,226 | 1,948,461 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 340,968 | 564,661 | 768,748 | 565,084 |
Total current assets | 2,289,163 | 3,066,277 | 8,590,582 | 11,081,207 |
Total assets | 2,630,131 | 3,630,938 | 9,359,330 | 11,646,291 |
Short term debt | 1,081,853 | 1,585,106 | 6,797,202 | 10,022,998 |
Long term debt | 560,864 | 785,027 | 909,697 | 701,546 |
Total liabilities | 1,642,717 | 2,370,133 | 7,706,899 | 10,724,544 |
Contributed capital | 5,450,000 | 5,450,000 | 450,000 | 450,000 |
Retained earnings | -4,462,586 | -4,189,195 | 1,202,431 | 471,747 |
Total equity | 987,414 | 1,260,805 | 1,652,431 | 921,747 |
Total equity and liabilities | 2,630,131 | 3,630,938 | 9,359,330 | 11,646,291 |
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
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings