Organization
- CEO
- BS
Børge Sundnes1965
- Chairman of the board
- VT
Vidar Torsøe1973
- Years since formation
- 20 years
- since Jul 5, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 82
Ownership
- Number of shares and share classes
- 373,500
- 1 share class
- Total number of shareholders
- 16
- 10 companies, 6 persons
Financials
- Total operating income 2024
- 23,009,924
- NOK
- Annual total result 2024
- 509,166
- NOK
- Total equity 2024
- -4,418,517
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
BS 1965 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
VT 1973 | Chairman | - |
OJ | Board Member | - |
BM | Board Member | 26.64 % indirectly |
| Board Member | - | |
KU 1978 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
BM | Board Member | 26.64 % indirectly |
SB | - | 18.56 % indirectly |
AH 1965 | - | 5.35 % directly |
GT | - | 1.34 % directly |
UA 1950 | - | 1.07 % directly |
Last update: Jul 5, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 125,000 | 33.47 % | |
| Ordinary shares | 99,500 | 26.64 % | |
| Ordinary shares | 79,500 | 21.29 % | |
AH 1965 | Ordinary shares | 20,000 | 5.35 % |
| Ordinary shares | 10,000 | 2.68 % | |
| Ordinary shares | 10,000 | 2.68 % | |
| Ordinary shares | 5,000 | 1.34 % | |
| Ordinary shares | 5,000 | 1.34 % | |
GT | Ordinary shares | 5,000 | 1.34 % |
UA 1950 | Ordinary shares | 4,000 | 1.07 % |
| Ordinary shares | 3,000 | 0.8 % | |
AG | Ordinary shares | 2,000 | 0.54 % |
| Ordinary shares | 1,500 | 0.4 % | |
| Ordinary shares | 1,500 | 0.4 % | |
KA | Ordinary shares | 1,500 | 0.4 % |
EF | Ordinary shares | 1,000 | 0.27 % |
Shares owned by the SØRLANDSBADET AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 607,143 | 35.71 % | |
| Ordinary shares | 3,000 | 0.8 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 23,009,924 | 22,436,623 | 21,372,553 | 18,931,799 |
Annual Total Result | 509,166 | 59,667 | -9,646,861 | -1,068,659 |
Total assets | 5,615,219 | 4,130,041 | 7,128,261 | 14,400,977 |
Total liabilities | 10,033,736 | 9,057,723 | 12,115,610 | 9,741,465 |
Total equity | -4,418,517 | -4,927,683 | -4,987,349 | 4,659,512 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 23,009,924 | 22,436,623 | 21,372,553 | 18,931,799 |
Total operating costs | 22,512,731 | 22,574,837 | 22,340,651 | 19,228,420 |
Operating result | 497,193 | -138,214 | -968,099 | -296,621 |
Financial income/costs | 155,583 | 214,707 | -8,878,946 | -838,532 |
Profit before tax | 652,777 | 76,493 | -9,847,045 | -1,135,153 |
Total tax & extraordinary income/cost | 143,611 | 16,826 | -200,184 | -66,494 |
Annual Total Result | 509,166 | 59,667 | -9,646,861 | -1,068,659 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 474,778 | 803,441 | 400,305 | 9,215,899 |
Total current assets | 5,140,441 | 3,326,600 | 6,727,956 | 5,185,078 |
Total assets | 5,615,219 | 4,130,041 | 7,128,261 | 14,400,977 |
Short term debt | 5,719,541 | 4,779,593 | 7,854,305 | 4,279,977 |
Long term debt | 4,314,195 | 4,278,130 | 4,261,304 | 5,461,488 |
Total liabilities | 10,033,736 | 9,057,723 | 12,115,610 | 9,741,465 |
Contributed capital | 3,720,000 | 3,720,000 | 3,720,000 | 3,720,000 |
Retained earnings | -8,138,517 | -8,647,683 | -8,707,349 | 939,512 |
Total equity | -4,418,517 | -4,927,683 | -4,987,349 | 4,659,512 |
Total equity and liabilities | 5,615,219 | 4,130,041 | 7,128,261 | 14,400,977 |
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