FESTIVAL AS
Organization
- CEO
- KF
Kjetil Fridén1971
- Chairman of the board
- KF
Kjetil Fridén1971
- Years since formation
- 16 years
- since Feb 28, 2009
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
Ownership
- Number of shares and share classes
- 26,400,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 23,945,302
- NOK
- Annual total result 2024
- -2,966,329
- NOK
- Total equity 2024
- -35,852
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KF 1971 | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
KF 1971 | Chairman | 50 % indirectly |
KM | Board Member | 50 % indirectly |
HA 1966 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KF 1971 | Managing Director/CEO, Chairman | 50 % indirectly |
KM | Board Member | 50 % indirectly |
Last update: Jan 21, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 26,400,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -35,050Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 23,945,302 | 23,972,659 | 32,637,319 | 46,426,029 |
Annual Total Result | -2,966,329 | -5,940,840 | -3,227,276 | 1,505,602 |
Total assets | 30,687,688 | 38,049,504 | 47,398,568 | 45,149,091 |
Total liabilities | 30,723,541 | 37,119,027 | 44,632,934 | 39,187,658 |
Total equity | -35,852 | 930,477 | 2,765,634 | 5,961,433 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 23,945,302 | 23,972,659 | 32,637,319 | 46,426,029 |
Total operating costs | 26,411,067 | 29,233,132 | 35,290,714 | 44,444,071 |
Operating result | -2,465,765 | -5,260,474 | -2,653,396 | 1,981,958 |
Financial income/costs | -500,564 | -689,021 | -582,758 | -490,085 |
Profit before tax | -2,966,329 | -5,949,494 | -3,236,154 | 1,491,873 |
Total tax & extraordinary income/cost | 0 | -8,654 | -8,878 | -13,729 |
Annual Total Result | -2,966,329 | -5,940,840 | -3,227,276 | 1,505,602 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 500,000 | 500,000 | 500,000 | 603,747 |
Total current assets | 30,187,688 | 37,549,504 | 46,898,568 | 44,545,344 |
Total assets | 30,687,688 | 38,049,504 | 47,398,568 | 45,149,091 |
Short term debt | 6,424,115 | 8,723,820 | 9,782,130 | 11,461,777 |
Long term debt | 24,299,426 | 28,395,207 | 34,850,804 | 27,725,881 |
Total liabilities | 30,723,541 | 37,119,027 | 44,632,934 | 39,187,658 |
Contributed capital | 5,180,000 | 3,210,683 | 7,373,619 | 7,342,142 |
Retained earnings | -5,215,852 | -2,280,206 | -4,607,985 | -1,380,709 |
Total equity | -35,852 | 930,477 | 2,765,634 | 5,961,433 |
Total equity and liabilities | 30,687,688 | 38,049,504 | 47,398,568 | 45,149,091 |
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