FOINCO AS
Keywords
constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance
Organization
- CEO
- Chairman of the board
- AB
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 5,000,000
- 1 share class
- Total number of shareholders
- 5
- companies
- Belongs to group of
Financials
- Total operating income 2023
- 4,440,000
- NOK
- Annual total result 2023
- -2,507,554
- NOK
- Total equity 2023
- 8,258,216
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 1.85 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
AB | Chairman | 9.94 % indirectly |
| Board Member | 1.85 % indirectly | |
SS | Board Member | - |
| Alternate Member | 1.82 % indirectly | |
IH | Alternate Member | 13.05 % indirectly |
EK | Alternate Member | 20 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
EK | Alternate Member | 20 % indirectly |
IH | Alternate Member | 13.05 % indirectly |
AB | Chairman | 9.94 % indirectly |
| - | 3.07 % indirectly | |
| - | 3.07 % indirectly | |
| - | 3.07 % indirectly | |
| - | 2.75 % indirectly | |
| - | 2.75 % indirectly | |
| - | 2.75 % indirectly | |
SI | - | 2.49 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| A-shares | 1,000,000 | 20 % | |
| A-shares | 1,000,000 | 20 % | |
| A-shares | 1,000,000 | 20 % | |
| A-shares | 1,000,000 | 20 % | |
| A-shares | 1,000,000 | 20 % |
Shares owned by the FOINCO AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % | |
| A-shares | 1,997,677 | 83.98 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 4,440,000Operating profit 2023: NOK -1,925,744Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 4,440,000 | -18,938,572 | -60,245,558 |
Annual Total Result | -2,507,554 | -20,246,943 | -63,130,746 |
Total assets | 25,679,113 | 27,541,456 | 47,554,842 |
Total liabilities | 17,420,897 | 16,775,686 | 16,542,129 |
Total equity | 8,258,216 | 10,765,770 | 31,012,713 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 4,440,000 | -18,938,572 | -60,245,558 |
Total operating costs | 6,365,744 | 1,430,165 | 2,989,263 |
Operating result | -1,925,744 | -20,368,737 | -63,234,821 |
Financial income/costs | -581,810 | 121,794 | 104,075 |
Profit before tax | -2,507,554 | -20,246,943 | -63,130,746 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -2,507,554 | -20,246,943 | -63,130,746 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 16,530,000 | 16,530,000 | 35,000,000 |
Total current assets | 9,149,113 | 11,011,456 | 12,554,842 |
Total assets | 25,679,113 | 27,541,456 | 47,554,842 |
Short term debt | 17,420,897 | 16,775,686 | 16,542,129 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 17,420,897 | 16,775,686 | 16,542,129 |
Contributed capital | 23,000,000 | 23,000,000 | 23,000,000 |
Retained earnings | -14,741,784 | -12,234,230 | 8,012,713 |
Total equity | 8,258,216 | 10,765,770 | 31,012,713 |
Total equity and liabilities | 25,679,113 | 27,541,456 | 47,554,842 |
Classification
Category
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
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings