OLAV FOSSEN AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Organization
- CEO
- IH
- Chairman of the board
- OF
Olav Fossen1952
- Years since formation
- 20 years
- since Dec 20, 2005
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 9,000
- 2 share classes
- Total number of shareholders
- 5
- persons
- Belongs to group of
Financials
- Annual total result 2024
- 932,831
- NOK
- Total equity 2024
- 8,214,985
- NOK
Last update: Jun 14, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IH | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
OF 1952 | Chairman | 50.33 % directly |
IH | Board Member | - |
LF 1979 | Board Member | 16.56 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OF 1952 | Chairman | 50.33 % directly |
IF 1983 | - | 16.56 % directly |
LF 1979 | Board Member | 16.56 % directly |
HF 1976 | - | 16.56 % directly |
Last update: Apr 22, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
OF 1952 | A-shares | 4,517 | 50.19 % |
HF 1976 | Class B shares | 1,490 | 16.56 % |
IF 1983 | Class B shares | 1,490 | 16.56 % |
LF 1979 | A-shares | 1,490 | 16.56 % |
OF 1952 | Class B shares | 13 | 0.14 % |
Shares owned by the OLAV FOSSEN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 313 | 85.05 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -27,868Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 932,831 | 806,351 | 4,842,102 | 564,510 |
Total assets | 9,851,752 | 9,816,296 | 9,828,403 | 6,153,700 |
Total liabilities | 1,636,767 | 914,142 | 832,600 | 1,200,000 |
Total equity | 8,214,985 | 8,902,154 | 8,995,803 | 4,953,700 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 27,868 | 34,217 | 25,082 | 24,914 |
Operating result | -27,868 | -34,217 | -25,082 | -24,914 |
Financial income/costs | 977,466 | 854,709 | 4,905,251 | 587,537 |
Profit before tax | 949,598 | 820,493 | 4,880,169 | 562,623 |
Total tax & extraordinary income/cost | 16,767 | 14,142 | 38,067 | -1,887 |
Annual Total Result | 932,831 | 806,351 | 4,842,102 | 564,510 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,848,550 | 1,848,550 | 1,848,550 | 1,854,017 |
Total current assets | 8,003,202 | 7,967,746 | 7,979,853 | 4,299,683 |
Total assets | 9,851,752 | 9,816,296 | 9,828,403 | 6,153,700 |
Short term debt | 1,636,767 | 914,142 | 832,600 | 1,200,000 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 1,636,767 | 914,142 | 832,600 | 1,200,000 |
Contributed capital | 900,000 | 900,000 | 900,000 | 900,000 |
Retained earnings | 7,314,985 | 8,002,154 | 8,095,803 | 4,053,700 |
Total equity | 8,214,985 | 8,902,154 | 8,995,803 | 4,953,700 |
Total equity and liabilities | 9,851,752 | 9,816,296 | 9,828,403 | 6,153,700 |
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