FORNEBU MUSIKKFEST AS
Organization
- CEO
- ML
Magnus Lund1977
- Chairman of the board
- TA
Trond Adland1960
- Years since formation
- 4 years
- since May 26, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 120,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 15,707,231
- NOK
- Annual total result 2024
- -4,107,116
- NOK
- Total equity 2024
- 803,980
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ML 1977 | Managing Director/CEO | 33 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
KP | Board Member | - |
TA 1960 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AL 1974 | - | 33 % indirectly |
ML 1977 | Managing Director/CEO | 33 % indirectly |
JL 1970 | - | 33 % indirectly |
BJ 1944 | - | 1 % indirectly |
Last update: Jul 20, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 120,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 12,266,284Operating profit 2024: NOK -14,130,587Employees: 6
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,707,231 | 14,208,771 | 8,990,515 | 0 |
Annual Total Result | -4,107,116 | -13,275,582 | -8,970,985 | -28,862 |
Total assets | 2,648,846 | 3,186,320 | 719,334 | 1,275,333 |
Total liabilities | 1,844,866 | 2,348,269 | 6,067,751 | 1,279,765 |
Total equity | 803,980 | 838,051 | -5,348,417 | -4,432 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,707,231 | 14,208,771 | 8,990,515 | 0 |
Total operating costs | 20,725,695 | 26,992,358 | 17,840,963 | 28,862 |
Operating result | -5,018,463 | -12,783,587 | -8,850,448 | -28,862 |
Financial income/costs | -237,461 | -491,995 | -120,537 | 0 |
Profit before tax | -5,255,924 | -13,275,582 | -8,970,985 | -28,862 |
Total tax & extraordinary income/cost | -1,148,808 | 0 | 0 | 0 |
Annual Total Result | -4,107,116 | -13,275,582 | -8,970,985 | -28,862 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 347,577 | 403,418 | 353,000 | 27,152 |
Total current assets | 2,301,269 | 2,782,902 | 366,334 | 1,248,181 |
Total assets | 2,648,846 | 3,186,320 | 719,334 | 1,275,333 |
Short term debt | 1,844,866 | 2,348,269 | 6,067,751 | 1,279,765 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 1,844,866 | 2,348,269 | 6,067,751 | 1,279,765 |
Contributed capital | 22,121,271 | 22,155,343 | 3,651,430 | 24,430 |
Retained earnings | -21,317,292 | -21,317,292 | -8,999,847 | -28,862 |
Total equity | 803,980 | 838,051 | -5,348,417 | -4,432 |
Total equity and liabilities | 2,648,846 | 3,186,320 | 719,334 | 1,275,333 |
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