VELSAND AS
Organization
- CEO
- HJ
- Chairman of the board
- HJ
- Years since formation
- 8 years
- since Aug 7, 2017
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- -69,191
- NOK
- Total equity 2024
- -202,133
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HJ | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
HJ | Chairman | 100 % directly |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HJ | Managing Director/CEO, Chairman | 100 % directly |
Last update: Jun 7, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
HJ | Ordinary shares | 100 | 100 % |
Shares owned by the VELSAND AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 393,000 | 3 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -69,191 | -48,067 | -30,514 | -16,024 |
Total assets | 1,104,017 | 1,105,770 | 1,108,759 | 1,104,569 |
Total liabilities | 1,306,150 | 1,238,712 | 1,193,634 | 1,158,930 |
Total equity | -202,133 | -132,942 | -84,875 | -54,361 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 13,916 | 12,989 | 10,810 | 10,368 |
Operating result | -13,916 | -12,989 | -10,810 | -10,368 |
Financial income/costs | -55,275 | -35,078 | -19,704 | -5,656 |
Profit before tax | -69,191 | -48,067 | -30,514 | -16,024 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -69,191 | -48,067 | -30,514 | -16,024 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,103,000 | 1,103,000 | 1,103,000 | 1,103,000 |
Total current assets | 1,017 | 2,770 | 5,759 | 1,569 |
Total assets | 1,104,017 | 1,105,770 | 1,108,759 | 1,104,569 |
Short term debt | 7,163 | 0 | 0 | 0 |
Long term debt | 1,298,987 | 1,238,712 | 1,193,634 | 1,158,930 |
Total liabilities | 1,306,150 | 1,238,712 | 1,193,634 | 1,158,930 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | -232,133 | -162,942 | -114,875 | -84,361 |
Total equity | -202,133 | -132,942 | -84,875 | -54,361 |
Total equity and liabilities | 1,104,017 | 1,105,770 | 1,108,759 | 1,104,569 |
Classification
Type of organization
Limited company