MADNESS POWER AS
Keywords
drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing
Organization
- CEO
- KH
Karl Henrik Ness1969
- Chairman of the board
- KH
Karl Henrik Ness1969
- Years since formation
- 3 years
- since Feb 5, 2022
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 276,876
- NOK
- Annual total result 2024
- -527,411
- NOK
- Total equity 2024
- -1,676,201
- NOK
Last update: Jul 1, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KH 1969 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KH 1969 | Chairman | 100 % directly |
EB 1970 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KH 1969 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KH 1969 | Ordinary shares | 300 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 276,876 | 1,579,455 | 862,813 |
Annual Total Result | -527,411 | -1,132,675 | -46,115 |
Total assets | 1,435,207 | 1,977,597 | 2,595,515 |
Total liabilities | 3,111,407 | 3,126,386 | 2,611,630 |
Total equity | -1,676,201 | -1,148,789 | -16,115 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 276,876 | 1,579,455 | 862,813 |
Total operating costs | 802,017 | 2,692,544 | 913,926 |
Operating result | -525,142 | -1,113,090 | -51,113 |
Financial income/costs | -2,270 | -7,170 | -7,417 |
Profit before tax | -527,411 | -1,120,260 | -58,530 |
Total tax & extraordinary income/cost | 0 | 12,415 | -12,415 |
Annual Total Result | -527,411 | -1,132,675 | -46,115 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 1,181,617 | 1,378,715 | 1,565,682 |
Total current assets | 253,590 | 598,882 | 1,029,833 |
Total assets | 1,435,207 | 1,977,597 | 2,595,515 |
Short term debt | 3,111,407 | 3,126,386 | 2,611,630 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 3,111,407 | 3,126,386 | 2,611,630 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | -1,706,201 | -1,178,789 | -46,115 |
Total equity | -1,676,201 | -1,148,789 | -16,115 |
Total equity and liabilities | 1,435,207 | 1,977,597 | 2,595,515 |
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
C
Main industrial area
Manufacturing
25
Activity
Manufacture of fabricated metal products, except machinery and equipment
25.6
Main industrial group
Treatment and coating of metals; machining
25.62
Industrial group
Machining
25.620
Industrial group
Machining