Organization
- CEO
- IH
Iltaf Hussain1944
- Chairman of the board
- IH
Iltaf Hussain1944
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 13
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2023
- 47,252,212
- NOK
- Annual total result 2023
- 719,930
- NOK
- Total equity 2023
- 10,171,880
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IH 1944 | Managing Director/CEO | 65 % directly |
Board
| Name | Role | Shares |
|---|---|---|
IH 1944 | Chairman | 65 % directly |
ZH 1967 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
IH 1944 | Managing Director/CEO, Chairman | 65 % directly |
IM 1960 | - | 35 % directly |
Last update: Dec 21, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
IH 1944 | Ordinary shares | 195 | 65 % |
IM 1960 | Ordinary shares | 105 | 35 % |
Shares owned by the PAK MATSENTER AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| NO0010250673 | 1 | 0.02 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 47,252,212 | 44,153,255 | 52,506,778 |
Annual Total Result | 719,930 | 595,781 | 2,803,122 |
Total assets | 13,914,755 | 12,007,630 | 12,144,574 |
Total liabilities | 3,742,875 | 2,555,681 | 3,288,405 |
Total equity | 10,171,880 | 9,451,949 | 8,856,168 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 47,252,212 | 44,153,255 | 52,506,778 |
Total operating costs | 46,263,238 | 43,311,228 | 48,820,624 |
Operating result | 988,975 | 842,027 | 3,686,153 |
Financial income/costs | -12,236 | -46,294 | -84,987 |
Profit before tax | 976,738 | 795,733 | 3,601,166 |
Total tax & extraordinary income/cost | 256,808 | 199,952 | 798,044 |
Annual Total Result | 719,930 | 595,781 | 2,803,122 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 68,958 | 116,543 | 203,146 |
Total current assets | 13,845,797 | 11,891,087 | 11,941,428 |
Total assets | 13,914,755 | 12,007,630 | 12,144,574 |
Short term debt | 3,358,433 | 2,555,681 | 3,288,405 |
Long term debt | 384,442 | 0 | 0 |
Total liabilities | 3,742,875 | 2,555,681 | 3,288,405 |
Contributed capital | 300,000 | 300,000 | 300,000 |
Retained earnings | 9,871,880 | 9,151,949 | 8,556,168 |
Total equity | 10,171,880 | 9,451,949 | 8,856,168 |
Total equity and liabilities | 13,914,755 | 12,007,630 | 12,144,574 |
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
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
47
Activity
Retail trade, except of motor vehicles and motorcycles
47.1
Main industrial group
Retail sale in non-specialised stores
47.11
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47.111
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating