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O

OLE G NORD-VARHAUG & CO AS930 005 134

Tools
Limited company
Hatlevegen 4 4360 VARHAUG, Norge

OLE G NORD-VARHAUG & CO AS

Keywords

productiontractorsmowerslawnmowersself-loadingself-unloadingtrailersagricultural machineryploughsfertilizer spreadersseeding machinesharrowsharvesting machinesthreshing machinessortersmilking machinesspraying machines

Organization

Chairman of the board
Years since formation
30 years
since Mar 12, 1995
Type
Limited company
VAT registered
Yes
Number of employees
13

Ownership

Number of shares and share classes
110
2 share classes
Total number of shareholders
4
persons
Belongs to group of

Financials

Total operating income 2023
24,391,676
NOK
Annual total result 2023
-474,148
NOK
Total equity 2023
23,801,318
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
49.09 %
directly

Board

NameRoleShares
Chairman
49.09 %
directly
Alternate Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
K
KOMPLETT ØKONOMI AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
49.09 %
directly
-
25.45 %
directly
-
25.45 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Class B shares
44
40 %
Class B shares
28
25.45 %
Class B shares
28
25.45 %
A-shares
10
9.09 %

Shares owned by the OLE G NORD-VARHAUG & CO AS

NameShare classTotal number of sharesShare
K
KVERNEX AS
Ordinary shares
100
100 %
Last update: May 24, 2024

Group structure

Financials

in NOK

Summary

Year202320222021
Total operating income
24,391,676
23,570,952
25,089,937
Annual Total Result
-474,148
-400,465
1,729,054
Total assets
32,879,013
30,214,489
32,521,024
Total liabilities
9,077,996
5,939,023
7,845,093
Total equity
23,801,318
24,275,465
24,675,930

P&L

Year202320222021
Total operating income
24,391,676
23,570,952
25,089,937
Total operating costs
25,088,212
24,279,782
23,495,561
Operating result
-696,536
-708,830
1,594,376
Financial income/costs
14,770
160,500
410,567
Profit before tax
-681,767
-548,330
2,004,943
Total tax & extraordinary income/cost
-207,619
-147,865
275,889
Annual Total Result
-474,148
-400,465
1,729,054

Balance overview

Year202320222021
Total fixed assets
14,004,554
12,853,642
12,296,766
Total current assets
18,874,459
17,360,847
20,224,257
Total assets
32,879,013
30,214,489
32,521,024
Short term debt
4,277,996
3,539,023
4,245,093
Long term debt
4,800,000
2,400,000
3,600,000
Total liabilities
9,077,996
5,939,023
7,845,093
Contributed capital
33,000
33,000
33,000
Retained earnings
23,768,318
24,242,465
24,642,930
Total equity
23,801,318
24,275,465
24,675,930
Total equity and liabilities
32,879,313
30,214,489
32,521,024

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
Standard industrial classification
C
Main industrial area
Manufacturing
28
Activity
Manufacture of machinery and equipment n.e.c.
28.3
Main industrial group
Manufacture of agricultural and forestry machinery
28.30
Industrial group
Manufacture of agricultural and forestry machinery
28.300
Industrial group
Manufacture of agricultural and forestry machinery