Organization
- CEO
- HØ
Harald Øvsthus1950
- Chairman of the board
- BN
Bjørg Nesheim1978
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 14
Ownership
- Number of shares and share classes
- 2,000
- 1 share class
- Total number of shareholders
- 2
- persons
- Belongs to group of
Financials
- Total operating income 2023
- 22,449,561
- NOK
- Annual total result 2023
- 2,817,019
- NOK
- Total equity 2023
- 9,344,025
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HØ 1950 | Managing Director/CEO | 47.5 % directly |
Board
| Name | Role | Shares |
|---|---|---|
BN 1978 | Chairman | - |
TØ 1975 | Board Member | 52.5 % directly |
HØ 1950 | Board Member | 47.5 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TØ 1975 | Board Member | 52.5 % directly |
HØ 1950 | Managing Director/CEO, Board Member | 47.5 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
TØ 1975 | Ordinary shares | 1,050 | 52.5 % |
HØ 1950 | Ordinary shares | 950 | 47.5 % |
Shares owned by the TORSTEIN ØVSTHUS & SØNNER AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 600 | 60 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 22,449,561Operating profit 2023: NOK 3,026,884Employees: 14
Financials
in NOK
Summary
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 22,449,561 | 15,316,778 |
Annual Total Result | 2,817,019 | 531,556 |
Total assets | 13,286,397 | 9,808,120 |
Total liabilities | 3,942,372 | 3,281,114 |
Total equity | 9,344,025 | 6,527,006 |
P&L
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 22,449,561 | 15,316,778 |
Total operating costs | 19,422,677 | 14,368,040 |
Operating result | 3,026,884 | 948,737 |
Financial income/costs | 499,036 | -181,562 |
Profit before tax | 3,525,920 | 767,175 |
Total tax & extraordinary income/cost | 708,901 | 235,619 |
Annual Total Result | 2,817,019 | 531,556 |
Balance overview
| Year | 2023 | 2022 |
|---|---|---|
Total fixed assets | 3,910,642 | 2,114,118 |
Total current assets | 9,375,755 | 7,694,002 |
Total assets | 13,286,397 | 9,808,120 |
Short term debt | 3,842,118 | 3,281,114 |
Long term debt | 100,254 | 0 |
Total liabilities | 3,942,372 | 3,281,114 |
Contributed capital | 100,000 | 100,000 |
Retained earnings | 9,244,025 | 6,427,006 |
Total equity | 9,344,025 | 6,527,006 |
Total equity and liabilities | 13,286,397 | 9,808,120 |
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
H
Main industrial area
Transportation and storage
49
Activity
Land transport and transport via pipelines
49.4
Main industrial group
Freight transport by road and removal services
49.41
Industrial group
Freight transport by road
49.410
Industrial group
Freight transport by road