ULTICYCLE SOLUTIONS AS
Organization
- Chairman of the board
- TW
Thomas Wergeland1976
- Years since formation
- 10 years
- since Sep 9, 2015
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 330,800
- 1 share class
- Total number of shareholders
- 5
- 3 companies, 2 persons
- Belongs to group of
Financials
- Annual total result 2024
- -481
- NOK
- Total equity 2024
- -519,472
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
TW 1976 | Chairman | 54.41 % indirectly |
TN | Board Member | 31.98 % indirectly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TW 1976 | Chairman | 54.41 % indirectly |
TN | Board Member | 31.98 % indirectly |
AJ | - | 4.53 % directly |
EL | - | 4.53 % indirectly |
RC | - | 4.53 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 180,000 | 54.41 % | |
| Ordinary shares | 105,800 | 31.98 % | |
| Ordinary shares | 15,000 | 4.53 % | |
AJ | Ordinary shares | 15,000 | 4.53 % |
RC | Ordinary shares | 15,000 | 4.53 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,169,112Operating profit 2024: NOK 1,050,763Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -481 | -12,350 | -131,991 | -10,188 |
Total assets | -30 | 51 | 49 | 108,376 |
Total liabilities | 519,442 | 519,042 | 506,690 | 483,027 |
Total equity | -519,472 | -518,992 | -506,642 | -374,651 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 480 | 12,350 | 23,997 | 10,188 |
Operating result | -480 | -12,350 | -23,997 | -10,188 |
Financial income/costs | -1 | 0 | -107,994 | 0 |
Profit before tax | -481 | -12,350 | -131,991 | -10,188 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -481 | -12,350 | -131,991 | -10,188 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1 | 1 | 1 | 76,620 |
Total current assets | -31 | 50 | 48 | 31,756 |
Total assets | -30 | 51 | 49 | 108,376 |
Short term debt | 12,448 | 12,448 | 12,896 | 12,065 |
Long term debt | 506,994 | 506,594 | 493,794 | 470,962 |
Total liabilities | 519,442 | 519,042 | 506,690 | 483,027 |
Contributed capital | 694,334 | 694,334 | 694,334 | 694,334 |
Retained earnings | -1,213,806 | -1,213,326 | -1,200,976 | -1,068,985 |
Total equity | -519,472 | -518,992 | -506,642 | -374,651 |
Total equity and liabilities | -30 | 51 | 49 | 108,376 |
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