NORWAY REGISTERS DEVELOPMENT AS
Operating
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Utvikling og salg av tjenester, systemer og programmer innenfor
økonomi, jus og databehandling, samt investeringsvirksomhet gjennom
investering i aksjer eller andeler i andre selskaper av beslektet art
innen- og utenlands, herunder også gjennom datterselskaper.
Utvikling og salg av tjenester, systemer og programmer innenfor
økonomi, jus og databehandling, samt investeringsvirksomhet og drift
av datterselskaper.
Organization
- CEO
- MG
Mindaugas Glodas1972
- Chairman of the board
- KT
- Years since formation
- 24 years
- since Dec 23, 2002
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 64,325
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2025
- 104,938,878
- NOK
- Annual total result 2025
- 5,111,252
- NOK
- Total equity 2025
- 8,338,649
- NOK
Last update: Oct 23, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MG 1972 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
KT | Chairman | - |
VP | Board Member | - |
VJ | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Mar 24, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 64,325 | 100 % |
Last update: Sep 25, 2026
Group structure
- Total operating income 2025: NOK 0Operating profit 2025: NOK -932,403Employees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2021 |
|---|---|---|---|
Total operating income | 104,938,878 | 85,051,393 | 35,290,806 |
Annual Total Result | 5,111,252 | 4,419,504 | -1,174,435 |
Total assets | 62,160,583 | 67,534,556 | 25,188,832 |
Total liabilities | 53,821,934 | 56,307,159 | 19,007,307 |
Total equity | 8,338,649 | 11,227,397 | 6,181,525 |
P&L
| Year | 2025 | 2024 | 2021 |
|---|---|---|---|
Total operating income | 104,938,878 | 85,051,393 | 35,290,806 |
Total operating costs | 89,657,824 | 77,578,138 | 36,000,809 |
Operating result | 15,281,054 | 7,473,255 | -710,003 |
Financial income/costs | -1,884,684 | 183,601 | 186,379 |
Profit before tax | 13,396,370 | 7,656,856 | -523,624 |
Total tax & extraordinary income/cost | 8,285,118 | 3,237,352 | 650,811 |
Annual Total Result | 5,111,252 | 4,419,504 | -1,174,435 |
Balance overview
| Year | 2025 | 2024 | 2021 |
|---|---|---|---|
Total fixed assets | 941,281 | 905,015 | 1,356,479 |
Total current assets | 61,219,302 | 66,629,541 | 23,832,353 |
Total assets | 62,160,583 | 67,534,556 | 25,188,832 |
Short term debt | 49,400,556 | 55,267,235 | 19,007,307 |
Long term debt | 4,421,378 | 1,039,924 | 0 |
Total liabilities | 53,821,934 | 56,307,159 | 19,007,307 |
Contributed capital | 3,023,275 | 3,023,275 | 3,023,275 |
Retained earnings | 5,315,374 | 8,204,122 | 3,158,250 |
Total equity | 8,338,649 | 11,227,397 | 6,181,525 |
Total equity and liabilities | 62,160,583 | 67,534,556 | 25,188,832 |
Classification
21st company classification
BETA
Small company
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