RIVER GROUP AS
Keywords
productionglass fibresglass wool
Organization
- CEO
- Chairman of the board
- JM
- Years since formation
- 7 years
- since Sep 3, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 11,812,311
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -34,914,935
- NOK
- Total equity 2024
- 509,839,737
- NOK
Last update: Sep 15, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JH | Contact Person | - |
| Board Member | - | |
JM | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Jan 9, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 11,812,311 | 100 % |
Shares owned by the RIVER GROUP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -106,812Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -34,914,935 | 132,917,720 | 11,371,041 | 3,196,224 |
Total assets | 550,038,174 | 579,458,591 | 813,489,000 | 751,978,851 |
Total liabilities | 40,198,437 | 34,703,918 | 678,745,781 | 630,946,673 |
Total equity | 509,839,737 | 544,754,673 | 134,743,219 | 121,032,177 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 261,632 | 3,444,206 | 5,019,288 | 6,915,120 |
Operating result | -261,632 | -3,444,206 | -5,019,288 | -6,915,120 |
Financial income/costs | -29,608,987 | 141,904,518 | 20,200,593 | 11,036,372 |
Profit before tax | -29,870,619 | 138,460,312 | 15,181,305 | 4,121,252 |
Total tax & extraordinary income/cost | 5,044,316 | 5,542,592 | 3,810,264 | 925,028 |
Annual Total Result | -34,914,935 | 132,917,720 | 11,371,041 | 3,196,224 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 549,923,902 | 575,464,377 | 780,597,289 | 695,668,902 |
Total current assets | 114,272 | 3,994,214 | 32,891,711 | 56,309,949 |
Total assets | 550,038,174 | 579,458,591 | 813,489,000 | 751,978,851 |
Short term debt | 1,853,349 | 13,167,919 | 13,188,058 | 16,735,048 |
Long term debt | 38,345,087 | 21,535,999 | 665,557,723 | 614,211,626 |
Total liabilities | 40,198,437 | 34,703,918 | 678,745,781 | 630,946,673 |
Contributed capital | 378,285,081 | 413,200,017 | 134,743,219 | 121,032,177 |
Retained earnings | 131,554,656 | 131,554,656 | 0 | 0 |
Total equity | 509,839,737 | 544,754,673 | 134,743,219 | 121,032,177 |
Total equity and liabilities | 550,038,174 | 579,458,591 | 813,489,000 | 751,978,851 |
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
C
Main industrial area
Manufacturing
23
Activity
Manufacture of non-metallic mineral products
23.1
Main industrial group
Manufacture of glass and glass products
23.14
Industrial group
Manufacture of glass fibres
23.140
Industrial group
Manufacture of glass fibres