MODAL AS
Organization
- CEO
- LJ
- Chairman of the board
- LJ
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 40
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 364,920
- NOK
- Annual total result 2024
- -10,251
- NOK
- Total equity 2024
- 471,195
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LJ | Managing Director/CEO | 33.33 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
LJ | Chairman | 33.33 % indirectly |
RÅ 1969 | Board Member | 33.33 % indirectly |
AM | Board Member | 33.33 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AM | Board Member | 33.33 % indirectly |
LJ | Managing Director/CEO, Chairman | 33.33 % indirectly |
RÅ 1969 | Board Member | 33.33 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 40 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -56,667Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 364,920 | 550,920 | 461,280 | 431,200 |
Annual Total Result | -10,251 | 115,868 | 128,882 | -79,819 |
Total assets | 2,151,495 | 2,091,816 | 1,876,509 | 1,870,229 |
Total liabilities | 1,680,299 | 1,610,369 | 1,358,986 | 1,387,286 |
Total equity | 471,195 | 481,446 | 517,523 | 482,943 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 364,920 | 550,920 | 461,280 | 431,200 |
Total operating costs | 392,443 | 393,363 | 295,271 | 533,533 |
Operating result | -27,523 | 157,557 | 166,009 | -102,333 |
Financial income/costs | 14,381 | -569 | -778 | 0 |
Profit before tax | -13,142 | 156,988 | 165,231 | -102,333 |
Total tax & extraordinary income/cost | -2,891 | 41,120 | 36,349 | -22,514 |
Annual Total Result | -10,251 | 115,868 | 128,882 | -79,819 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 955,576 | 1,011,063 | 1,073,353 | 978,833 |
Total current assets | 1,195,919 | 1,080,753 | 803,155 | 891,395 |
Total assets | 2,151,495 | 2,091,816 | 1,876,509 | 1,870,229 |
Short term debt | 1,680,299 | 1,610,369 | 1,358,986 | 1,387,286 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 1,680,299 | 1,610,369 | 1,358,986 | 1,387,286 |
Contributed capital | 114,000 | 114,000 | 114,000 | 114,000 |
Retained earnings | 357,195 | 367,446 | 403,523 | 368,943 |
Total equity | 471,195 | 481,446 | 517,523 | 482,943 |
Total equity and liabilities | 2,151,495 | 2,091,816 | 1,876,509 | 1,870,229 |
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