MODELGEO AS
Operating
Programutvikling og konsulentvirksomhet.
Datatjenester innenfor seismisk og brønndata og programutvikling mot
oljeselskaper og serviceselskaper.
Organization
- CEO
- OE
Olav Egeland1945
- Chairman of the board
- OE
Olav Egeland1945
- Years since formation
- 7 years
- since Mar 23, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 1,532,668
- NOK
- Annual total result 2024
- 993,411
- NOK
- Total equity 2024
- 215,097
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OE 1945 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
OE 1945 | Chairman | 50 % directly |
IM 1955 | Deputy Chair | 50 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
IM 1955 | Deputy Chair | 50 % directly |
OE 1945 | Managing Director/CEO, Chairman | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
IM 1955 | Ordinary shares | 15,000 | 50 % |
OE 1945 | Ordinary shares | 15,000 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,532,668 | 345,183 | 223,197 | 150,000 |
Annual Total Result | 993,411 | -97,467 | 1,882 | 93,542 |
Total assets | 1,478,026 | 201,980 | 123,359 | 165,270 |
Total liabilities | 1,262,929 | 180,294 | 4,207 | 0 |
Total equity | 215,097 | 21,686 | 119,152 | 165,270 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,532,668 | 345,183 | 223,197 | 150,000 |
Total operating costs | 273,610 | 471,632 | 215,538 | 56,458 |
Operating result | 1,259,057 | -126,449 | 7,658 | 93,542 |
Financial income/costs | 29,980 | 1,491 | 571 | 0 |
Profit before tax | 1,289,037 | -124,958 | 8,230 | 93,542 |
Total tax & extraordinary income/cost | 295,626 | -27,491 | 6,348 | 0 |
Annual Total Result | 993,411 | -97,467 | 1,882 | 93,542 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 27,491 | 0 | 0 |
Total current assets | 1,478,026 | 174,489 | 123,359 | 165,270 |
Total assets | 1,478,026 | 201,980 | 123,359 | 165,270 |
Short term debt | 1,262,929 | -19,706 | 4,207 | 0 |
Long term debt | 0 | 200,000 | 0 | 0 |
Total liabilities | 1,262,929 | 180,294 | 4,207 | 0 |
Contributed capital | 30,000 | 30,000 | 30,000 | 165,270 |
Retained earnings | 185,097 | -8,314 | 89,152 | 0 |
Total equity | 215,097 | 21,686 | 119,152 | 165,270 |
Total equity and liabilities | 1,478,026 | 201,980 | 123,359 | 165,270 |
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises