Organization
- CEO
- TH
- Chairman of the board
- MO
Morten Olavesen1954
- Years since formation
- 22 years
- since Dec 30, 2003
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 4
- persons
Financials
- Total operating income 2024
- 1,805,998
- NOK
- Annual total result 2024
- -303,518
- NOK
- Total equity 2024
- -201,966
- NOK
Last update: Aug 4, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TH | Managing Director/CEO | 40 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MO 1954 | Chairman | 25 % directly |
TH | Alternate Member | 40 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TH | Managing Director/CEO, Alternate Member | 40 % directly |
MO 1954 | Chairman | 25 % directly |
HO 1943 | - | 20 % directly |
LT 1945 | - | 15 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TH | Ordinary shares | 40 | 40 % |
MO 1954 | Ordinary shares | 25 | 25 % |
HO 1943 | Ordinary shares | 20 | 20 % |
LT 1945 | Ordinary shares | 15 | 15 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,805,998 | 3,041,939 | 2,726,729 | 2,943,886 |
Annual Total Result | -303,518 | 29,036 | -398,801 | -3,439 |
Total assets | 398,788 | 820,183 | 910,224 | 1,024,805 |
Total liabilities | 600,754 | 718,631 | 843,789 | 559,569 |
Total equity | -201,966 | 101,552 | 66,435 | 465,236 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,805,998 | 3,041,939 | 2,726,729 | 2,943,886 |
Total operating costs | 2,069,458 | 2,934,163 | 3,097,593 | 2,934,118 |
Operating result | -263,460 | 107,776 | -370,864 | 9,768 |
Financial income/costs | -40,058 | -25,647 | -27,937 | -7,126 |
Profit before tax | -303,518 | 82,129 | -398,801 | 2,642 |
Total tax & extraordinary income/cost | 0 | 53,093 | 0 | 6,081 |
Annual Total Result | -303,518 | 29,036 | -398,801 | -3,439 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 293,961 | 423,268 | 537,005 | 182,410 |
Total current assets | 104,827 | 396,915 | 373,219 | 842,395 |
Total assets | 398,788 | 820,183 | 910,224 | 1,024,805 |
Short term debt | 290,950 | 251,094 | 406,311 | 454,134 |
Long term debt | 309,804 | 467,537 | 437,478 | 105,435 |
Total liabilities | 600,754 | 718,631 | 843,789 | 559,569 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | -301,966 | 1,552 | -33,565 | 365,236 |
Total equity | -201,966 | 101,552 | 66,435 | 465,236 |
Total equity and liabilities | 398,788 | 820,183 | 910,224 | 1,024,805 |
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
43.3
Main industrial group
Building completion and finishing
43.34
Industrial group
Painting and glazing
43.342
Industrial group
Glazing