PROGRESS NORDIC AS
Organization
- CEO
- RT
Rajiv Tiwari1975
- Chairman of the board
- NK
- Years since formation
- 12 years
- since Apr 17, 2013
- Type
- Limited company
- VAT registered
- No
- 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
- Annual total result 2024
- -123,299
- NOK
- Total equity 2024
- -5,667,783
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
RT 1975 | Managing Director/CEO | - |
JS 1969 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
NK | Chairman | - |
RT 1975 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Jun 4, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Shares owned by the PROGRESS NORDIC AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -124,055Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -123,299 | -2,030,643 | -349,172 | -113,166 |
Total assets | 44,454,335 | 44,469,348 | 44,670,998 | 42,487,264 |
Total liabilities | 50,122,118 | 50,013,832 | 48,184,838 | 45,651,932 |
Total equity | -5,667,783 | -5,544,483 | -3,513,840 | -3,164,668 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 124,055 | 2,032,492 | 216,342 | -354,026 |
Operating result | -124,055 | -2,032,492 | -216,342 | 354,026 |
Financial income/costs | 756 | 1,849 | -132,831 | -467,192 |
Profit before tax | -123,299 | -2,030,643 | -349,172 | -113,166 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -123,299 | -2,030,643 | -349,172 | -113,166 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 44,332,605 | 44,372,782 | 44,572,782 | 42,486,599 |
Total current assets | 121,731 | 96,566 | 98,216 | 665 |
Total assets | 44,454,335 | 44,469,348 | 44,670,998 | 42,487,264 |
Short term debt | 3,065 | 11,944 | 30,227 | 637,678 |
Long term debt | 50,119,052 | 50,001,887 | 48,154,611 | 45,014,254 |
Total liabilities | 50,122,118 | 50,013,832 | 48,184,838 | 45,651,932 |
Contributed capital | 100,703 | 100,703 | 100,703 | 100,703 |
Retained earnings | -5,768,486 | -5,645,186 | -3,614,543 | -3,265,371 |
Total equity | -5,667,783 | -5,544,483 | -3,513,840 | -3,164,668 |
Total equity and liabilities | 44,454,335 | 44,469,348 | 44,670,998 | 42,487,264 |
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