NORMAK AS
Organization
- CEO
- IP
Igor Pancevski1974
- Chairman of the board
- IP
Igor Pancevski1974
- Years since formation
- 17 years
- since Jan 15, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2024
- 1,241,358
- NOK
- Annual total result 2024
- 442,055
- NOK
- Total equity 2024
- 13,257,765
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IP 1974 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
IP 1974 | Chairman | 100 % directly |
VP | Alternate Member | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
IP 1974 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
IP 1974 | Ordinary shares | 1,000 | 100 % |
Shares owned by the NORMAK AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 510 | 51 % | |
| Ordinary shares | 50,000 | 50 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,241,358Operating profit 2024: NOK 782,973Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total operating income | 1,241,358 | 498,923 | 569,631 |
Annual Total Result | 442,055 | 701,902 | 1,458,090 |
Total assets | 18,330,645 | 17,850,128 | 16,996,785 |
Total liabilities | 5,072,879 | 5,034,417 | 4,275,134 |
Total equity | 13,257,765 | 12,815,710 | 12,721,651 |
P&L
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total operating income | 1,241,358 | 498,923 | 569,631 |
Total operating costs | 458,385 | 909,268 | 689,688 |
Operating result | 782,973 | -410,345 | -120,058 |
Financial income/costs | -340,918 | -292,532 | 1,516,129 |
Profit before tax | 442,055 | -702,877 | 1,396,071 |
Total tax & extraordinary income/cost | 0 | -1,404,779 | -62,019 |
Annual Total Result | 442,055 | 701,902 | 1,458,090 |
Balance overview
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total fixed assets | 15,986,812 | 15,983,055 | 14,204,200 |
Total current assets | 2,343,833 | 1,867,073 | 2,792,585 |
Total assets | 18,330,645 | 17,850,128 | 16,996,785 |
Short term debt | 856,948 | 634,468 | 138,101 |
Long term debt | 4,215,931 | 4,399,949 | 4,137,032 |
Total liabilities | 5,072,879 | 5,034,417 | 4,275,134 |
Contributed capital | 7,642,900 | 7,642,900 | 7,642,900 |
Retained earnings | 5,614,865 | 5,172,810 | 5,078,751 |
Total equity | 13,257,765 | 12,815,710 | 12,721,651 |
Total equity and liabilities | 18,330,644 | 17,850,127 | 16,996,785 |
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