EXPAIN AS
Organization
- CEO
- Chairman of the board
- VE
- Years since formation
- 10 years
- since Dec 2, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 29,413
- NOK
- Annual total result 2024
- -27,545
- NOK
- Total equity 2024
- -1,521,792
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 33.33 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
VE | Chairman | 33.33 % indirectly |
| Board Member | 33.33 % indirectly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO, Board Member | 33.33 % indirectly | |
VE | Chairman | 33.33 % indirectly |
ER | - | 33.33 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 410,075Operating profit 2024: NOK -137,604Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 29,413 | 60,065 | 81,283 | 95,821 |
Annual Total Result | -27,545 | -50,866 | -49,044 | 3,279,697 |
Total assets | 841,685 | 839,559 | 493,010 | 277,549 |
Total liabilities | 2,363,477 | 2,333,806 | 1,936,393 | 1,850,567 |
Total equity | -1,521,792 | -1,494,247 | -1,443,382 | -1,573,018 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 29,413 | 60,065 | 81,283 | 95,821 |
Total operating costs | 56,608 | 111,064 | 105,216 | 195,281 |
Operating result | -27,195 | -51,000 | -23,933 | -99,460 |
Financial income/costs | -350 | 134 | -75,508 | 3,255,789 |
Profit before tax | -27,545 | -50,866 | -99,441 | 3,156,329 |
Total tax & extraordinary income/cost | 0 | 0 | -50,397 | -123,368 |
Annual Total Result | -27,545 | -50,866 | -49,044 | 3,279,697 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 21,859 | 21,859 | 21,859 | 21,859 |
Total current assets | 819,826 | 817,700 | 471,151 | 255,690 |
Total assets | 841,685 | 839,559 | 493,010 | 277,549 |
Short term debt | 2,363,477 | 2,333,806 | 1,936,393 | 1,850,567 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 2,363,477 | 2,333,806 | 1,936,393 | 1,850,567 |
Contributed capital | 1,210,409 | 1,210,409 | 1,210,409 | 1,031,729 |
Retained earnings | -2,732,201 | -2,704,656 | -2,653,791 | -2,604,747 |
Total equity | -1,521,792 | -1,494,247 | -1,443,382 | -1,573,018 |
Total equity and liabilities | 841,685 | 839,559 | 493,011 | 277,549 |
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