FIRSTCYCLING AS
Keywords
program developmentsoftware
Organization
- Chairman of the board
- TS
- Years since formation
- 6 years
- since Jan 18, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 60,000
- 1 share class
- Total number of shareholders
- 2
- companies
Financials
- Total operating income 2024
- 896,984
- NOK
- Annual total result 2024
- -891,542
- NOK
- Total equity 2024
- -1,093,673
- NOK
Last update: Aug 4, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
KS | Contact Person, Board Member | 17.5 % indirectly |
| Board Member | - | |
TS | Chairman | 32.5 % indirectly |
AE | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS | Chairman | 32.5 % indirectly |
KS | Contact Person, Board Member | 17.5 % indirectly |
Last update: Apr 27, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 50 % | |
| Ordinary shares | 30,000 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 896,984 | 497,763 | 201,413 | 14,836 |
Annual Total Result | -891,542 | -1,215,695 | -931,180 | -958,976 |
Total assets | 1,982,707 | 2,394,458 | 2,132,923 | 1,978,706 |
Total liabilities | 3,076,380 | 2,596,590 | 1,119,359 | 33,963 |
Total equity | -1,093,673 | -202,131 | 1,013,564 | 1,944,744 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 896,984 | 497,763 | 201,413 | 14,836 |
Total operating costs | 1,631,949 | 1,637,522 | 1,107,410 | 983,718 |
Operating result | -734,965 | -1,139,759 | -905,997 | -968,882 |
Financial income/costs | -156,577 | -75,936 | -25,183 | 9,906 |
Profit before tax | -891,542 | -1,215,695 | -931,180 | -958,976 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -891,542 | -1,215,695 | -931,180 | -958,976 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,873,357 | 2,249,193 | 2,034,447 | 1,857,471 |
Total current assets | 109,350 | 145,266 | 98,476 | 121,235 |
Total assets | 1,982,707 | 2,394,458 | 2,132,923 | 1,978,706 |
Short term debt | 353,880 | 2,596,590 | 1,119,359 | 33,963 |
Long term debt | 2,722,501 | 0 | 0 | 0 |
Total liabilities | 3,076,380 | 2,596,590 | 1,119,359 | 33,963 |
Contributed capital | 3,842,364 | 3,842,364 | 3,842,364 | 3,842,364 |
Retained earnings | -4,936,037 | -4,044,495 | -2,828,800 | -1,897,620 |
Total equity | -1,093,673 | -202,131 | 1,013,564 | 1,944,744 |
Total equity and liabilities | 1,982,707 | 2,394,458 | 2,132,923 | 1,978,706 |
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
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.01
Industrial group
Computer programming activities
62.010
Industrial group
Computer programming activities