NORSTAR AS
Organization
- CEO
- KE
- Chairman of the board
- ET
Edd Tveit1959
- Years since formation
- 29 years
- since Nov 25, 1996
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 2 share classes
- Total number of shareholders
- 6
- companies
- Belongs to group of
Financials
- Annual total result 2024
- 1,108,833
- NOK
- Total equity 2024
- 14,205,979
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KE | Managing Director/CEO | 33.63 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
ET 1959 | Chairman | 15 % indirectly |
KE | Deputy Chair | 33.63 % indirectly |
KV | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KE | Managing Director/CEO, Deputy Chair | 33.63 % indirectly |
ET 1959 | Chairman | 15 % indirectly |
EV 1990 | - | 15 % indirectly |
MT | - | 15 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Class B shares | 450 | 45 % | |
| Class B shares | 150 | 15 % | |
| Class B shares | 150 | 15 % | |
| Class B shares | 150 | 15 % | |
| A-shares | 50 | 5 % | |
| A-shares | 50 | 5 % |
Shares owned by the NORSTAR AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 100 % | |
| Ordinary shares | 150,000 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 31,040 | 100 % | |
| NO0010251341 | 100 | 100 % | |
| Class B shares | 900 | 90 % | |
| Class B shares | 900 | 90 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -2,140,758Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | -1,603 | 0 |
Annual Total Result | 1,108,833 | 16,688,684 | 14,352 | 20,533,907 |
Total assets | 67,491,944 | 68,122,992 | 132,364,173 | 141,686,250 |
Total liabilities | 53,285,965 | 50,528,793 | 128,808,272 | 98,354,442 |
Total equity | 14,205,979 | 17,594,199 | 3,555,901 | 43,331,808 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | -1,603 | 0 |
Total operating costs | 2,140,758 | -6,861,802 | 12,170,459 | 2,300,406 |
Operating result | -2,140,758 | 6,861,802 | -12,172,062 | -2,300,406 |
Financial income/costs | 4,727,615 | 10,589,194 | 15,328,787 | 26,328,206 |
Profit before tax | 2,586,858 | 17,450,996 | 3,156,725 | 24,027,800 |
Total tax & extraordinary income/cost | 1,478,025 | 762,312 | 3,142,373 | 3,493,893 |
Annual Total Result | 1,108,833 | 16,688,684 | 14,352 | 20,533,907 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 33,928,770 | 34,147,572 | 34,701,532 | 40,101,532 |
Total current assets | 33,563,174 | 33,975,420 | 97,662,641 | 101,584,718 |
Total assets | 67,491,944 | 68,122,992 | 132,364,173 | 141,686,250 |
Short term debt | 53,285,965 | 50,528,793 | 128,808,272 | 98,354,442 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 53,285,965 | 50,528,793 | 128,808,272 | 98,354,442 |
Contributed capital | 3,555,901 | 3,555,901 | 3,555,901 | 6,539,135 |
Retained earnings | 10,650,078 | 14,038,299 | 0 | 36,792,673 |
Total equity | 14,205,979 | 17,594,199 | 3,555,901 | 43,331,808 |
Total equity and liabilities | 67,491,944 | 68,122,992 | 132,364,173 | 141,686,250 |
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