Organization
- CEO
- FA
Frank Abildsten1965
- Chairman of the board
- AH
Arne Utsetø Hoff1951
- Years since formation
- 20 years
- since Jan 8, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 6
- 1 company, 5 persons
Financials
- Total operating income 2023
- 9,079,643
- NOK
- Annual total result 2023
- 1,101,472
- NOK
- Total equity 2023
- 2,769,460
- NOK
Last update: Nov 21, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
FA 1965 | Managing Director/CEO | 70 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AH 1951 | Chairman | - |
FA 1965 | Board Member | 70 % directly |
| Board Member | - | |
LR | Board Member | 5 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FA 1965 | Managing Director/CEO, Board Member | 70 % directly |
LG | - | 5 % directly |
LR | Board Member | 5 % directly |
LA 1997 | - | 5 % directly |
LF | - | 5 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
FA 1965 | Ordinary shares | 70 | 70 % |
| Ordinary shares | 10 | 10 % | |
LG | Ordinary shares | 5 | 5 % |
LF | Ordinary shares | 5 | 5 % |
LR | Ordinary shares | 5 | 5 % |
LA 1997 | Ordinary shares | 5 | 5 % |
Shares owned by the FRANK SMED AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 10 | 10 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 9,079,643 | 10,151,367 | 7,402,838 |
Annual Total Result | 1,101,472 | 1,342,048 | 749,977 |
Total assets | 5,076,990 | 4,943,081 | 4,030,011 |
Total liabilities | 2,307,530 | 2,275,092 | 1,704,070 |
Total equity | 2,769,460 | 2,667,989 | 2,325,941 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 9,079,643 | 10,151,367 | 7,402,838 |
Total operating costs | 7,700,906 | 8,441,491 | 6,429,791 |
Operating result | 1,378,737 | 1,709,877 | 973,048 |
Financial income/costs | 56,587 | 12,959 | -9,141 |
Profit before tax | 1,435,325 | 1,722,836 | 963,907 |
Total tax & extraordinary income/cost | 333,853 | 380,788 | 213,930 |
Annual Total Result | 1,101,472 | 1,342,048 | 749,977 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 934,602 | 989,744 | 857,375 |
Total current assets | 4,142,389 | 3,953,337 | 3,172,636 |
Total assets | 5,076,990 | 4,943,081 | 4,030,011 |
Short term debt | 2,307,530 | 2,244,439 | 1,531,999 |
Long term debt | 0 | 30,653 | 172,071 |
Total liabilities | 2,307,530 | 2,275,092 | 1,704,070 |
Contributed capital | 91,450 | 91,450 | 91,450 |
Retained earnings | 2,678,010 | 2,576,539 | 2,234,491 |
Total equity | 2,769,460 | 2,667,989 | 2,325,941 |
Total equity and liabilities | 5,076,990 | 4,943,081 | 4,030,011 |
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
24
Activity
Manufacture of basic metals
24.5
Main industrial group
Casting of metals
24.52
Industrial group
Casting of steel
24.520
Industrial group
Casting of steel