SOMMERSETH DESIGN AS
Organization
- CEO
- MU
- Chairman of the board
- MU
- Years since formation
- 13 years
- since Feb 4, 2012
- 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
- 2
- persons
Financials
- Total operating income 2024
- 1,637,546
- NOK
- Annual total result 2024
- 89,048
- NOK
- Total equity 2024
- 132,737
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MU | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MU | Chairman | 50 % directly |
TS 1978 | Board Member | 50 % directly |
PS 1969 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS 1978 | Board Member | 50 % directly |
MU | Managing Director/CEO, Chairman | 50 % directly |
Last update: Mar 21, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MU | Ordinary shares | 50 | 50 % |
TS 1978 | Ordinary shares | 50 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,637,546 | 1,346,284 | 2,341,214 |
Annual Total Result | 89,048 | -30,664 | 14,824 |
Total assets | 381,616 | 602,257 | 748,075 |
Total liabilities | 248,879 | 558,567 | 673,722 |
Total equity | 132,737 | 43,690 | 74,353 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 1,637,546 | 1,346,284 | 2,341,214 |
Total operating costs | 1,516,772 | 1,359,170 | 2,318,910 |
Operating result | 120,775 | -12,886 | 22,304 |
Financial income/costs | -11,377 | -20,647 | -4,610 |
Profit before tax | 109,398 | -33,534 | 17,694 |
Total tax & extraordinary income/cost | 20,350 | -2,870 | 2,870 |
Annual Total Result | 89,048 | -30,664 | 14,824 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 0 | 323,521 | 396,769 |
Total current assets | 381,616 | 278,736 | 351,306 |
Total assets | 381,616 | 602,257 | 748,075 |
Short term debt | 238,000 | 208,277 | 256,703 |
Long term debt | 10,879 | 350,290 | 417,019 |
Total liabilities | 248,879 | 558,567 | 673,722 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | 102,737 | 13,690 | 44,353 |
Total equity | 132,737 | 43,690 | 74,353 |
Total equity and liabilities | 381,616 | 602,257 | 748,075 |
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