ULSTEIN ENTREPRENØR AS
Keywords
construction activitiespilingdamp proofing workimpregnation workdehumidificationshaft excavationsteel bendingmasonry workpavingslab layingassemblydismantlingscaffoldingwork platformsconstructionpipesindustrial furnacesundergroundoutdoor swimming poolssandblastingrentalcranes
Organization
- CEO
- JR
Jørund Reite1964
- Chairman of the board
- EH
Erlend Haugsbø1975
- Years since formation
- 12 years
- since Jan 9, 2013
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 17
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 28,184,124
- NOK
- Annual total result 2024
- -3,408,656
- NOK
- Total equity 2024
- 5,275,077
- NOK
Last update: Jul 24, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JR 1964 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
EH 1975 | Chairman | - |
HS 1965 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OM 1955 | - | 7.5 % indirectly |
TM | - | 7.08 % indirectly |
VM 1950 | - | 7.08 % indirectly |
SM 1952 | - | 7.08 % indirectly |
HM | - | 6.67 % indirectly |
IL | - | 6.67 % indirectly |
GP | - | 5.83 % indirectly |
PT 1950 | - | 5.83 % indirectly |
IS 1955 | - | 5.42 % indirectly |
OB 1946 | - | 5.42 % indirectly |
Last update: Dec 12, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 24,561,903Operating profit 2023: NOK 6,652,282Employees: 15
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 28,184,124 | 27,018,528 | 45,311,636 | 42,697,106 |
Annual Total Result | -3,408,656 | -2,740,670 | -1,970,144 | -2,561,538 |
Total assets | 16,215,422 | 10,068,641 | 13,254,557 | 22,047,828 |
Total liabilities | 10,940,345 | 5,926,374 | 8,771,383 | 15,435,586 |
Total equity | 5,275,077 | 4,142,267 | 4,483,174 | 6,612,242 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 28,184,124 | 27,018,528 | 45,311,636 | 42,697,106 |
Total operating costs | 32,240,411 | 30,485,797 | 47,851,726 | 45,940,455 |
Operating result | -4,056,286 | -3,467,269 | -2,540,089 | -3,243,349 |
Financial income/costs | -310,651 | -46,410 | 16,355 | -40,674 |
Profit before tax | -4,366,937 | -3,513,679 | -2,523,734 | -3,284,023 |
Total tax & extraordinary income/cost | -958,281 | -773,009 | -553,590 | -722,485 |
Annual Total Result | -3,408,656 | -2,740,670 | -1,970,144 | -2,561,538 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 5,609,000 | 2,729,400 | 3,788,000 | 3,970,000 |
Total current assets | 10,606,422 | 7,339,241 | 9,466,557 | 18,077,828 |
Total assets | 16,215,422 | 10,068,641 | 13,254,557 | 22,047,828 |
Short term debt | 10,532,763 | 4,995,284 | 7,744,140 | 14,013,677 |
Long term debt | 407,582 | 931,090 | 1,027,243 | 1,421,909 |
Total liabilities | 10,940,345 | 5,926,374 | 8,771,383 | 15,435,586 |
Contributed capital | 5,275,077 | 4,142,267 | 4,483,174 | 4,702,000 |
Retained earnings | 0 | 0 | 0 | 1,910,242 |
Total equity | 5,275,077 | 4,142,267 | 4,483,174 | 6,612,242 |
Total equity and liabilities | 16,215,422 | 10,068,641 | 13,254,557 | 22,047,828 |
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
43
Activity
Specialised construction activities
43.9
Main industrial group
Other specialised construction activities
43.99
Industrial group
Other specialised construction activities n.e.c.
43.990
Industrial group
Other specialised construction activities n.e.c.