SETTLE IN EUROPE AS
Organization
- Chairman of the board
- KT
- Years since formation
- 22 years
- since Apr 1, 2003
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 31,966
- NOK
- Annual total result 2024
- 10,624
- NOK
- Total equity 2024
- -201,083
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
KT | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KT | Chairman | 100 % directly |
Last update: Oct 2, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KT | Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 31,966 | 0 | 6,355 | 0 |
Annual Total Result | 10,624 | -15,359 | -11,630 | -23,434 |
Total assets | 1,026 | 207 | 639 | 1,342 |
Total liabilities | 202,108 | 211,913 | 196,986 | 186,060 |
Total equity | -201,083 | -211,706 | -196,348 | -184,718 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 31,966 | 0 | 6,355 | 0 |
Total operating costs | 21,484 | 15,361 | 17,827 | 22,988 |
Operating result | 10,481 | -15,361 | -11,472 | -22,988 |
Financial income/costs | 142 | 2 | -158 | -447 |
Profit before tax | 10,624 | -15,359 | -11,630 | -23,434 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 10,624 | -15,359 | -11,630 | -23,434 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 1,026 | 207 | 639 | 1,342 |
Total assets | 1,026 | 207 | 639 | 1,342 |
Short term debt | 202,108 | 211,913 | 196,986 | 186,060 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 202,108 | 211,913 | 196,986 | 186,060 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | -301,083 | -311,706 | -296,348 | -284,718 |
Total equity | -201,083 | -211,706 | -196,348 | -184,718 |
Total equity and liabilities | 1,026 | 207 | 639 | 1,342 |
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