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M

MORTEN AS989 183 451

Rental
Limited company
C/O Morten Fuglerud Vestsideveien 88 3404 LIER, Norge
Goods and trade
/ Rental
/ 77.310 Renting and leasing of agricultural machinery and equipment

MORTEN AS

Operating
Kjøp av eiendom, maskiner og redskaper for utleie, anleggsarbeid og håndverkstjenester, samt virksomhet som står i forbindelse med dette, herunder å eie eller delta i andre selskaper.
Utleie av maskiner og redskaper, anleggsarbeid og håndverkstjenester.

Keywords

agricultural machineryforestry machineryagricultural tractors

Organization

CEO
MF

Morten Fuglerud1983

Chairman of the board
MF

Morten Fuglerud1983

Years since formation
20 years
since Jan 9, 2006
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
2,000
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Total operating income 2025
7,087,311
NOK
Annual total result 2025
4,952,978
NOK
Total equity 2025
38,338,736
NOK
Last update: Mar 9, 2026

Locations

C/O Morten Fuglerud Vestsideveien 88 3404 LIER, Norge
  • Company address
    C/O Morten Fuglerud Vestsideveien 88 3404 LIER, Norge
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Management

Management / administration

NameRoleShares
MF

Morten Fuglerud

1983

Managing Director/CEO
100 %
directly

Board

NameRoleShares
MF

Morten Fuglerud

1983

Chairman
100 %
directly
BÅ

Bettina Åsly Fuglerud

1989

Alternate Member-

Others

NameRoleShares
L
LIER REGNSKAP AS
Accountant-
M
MEHREN REVISJON AS
Auditor-

Top 10 individual shareholders

NameRoleShares
MF

Morten Fuglerud

1983

Managing Director/CEO, Chairman
100 %
directly
Last update: Dec 7, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
MF

Morten Fuglerud

1983

Ordinary shares
2,000
100 %

Shares owned by the MORTEN AS

NameShare classTotal number of sharesShare
S
SNARUM GARTNERI AS
Ordinary shares
100
100 %
R
RAPID VEKST AS
Closed
Ordinary shares
50
33.33 %
Last update: Jun 2, 2025

Group structure

  • MORTEN AS
    Total operating income 2025: NOK 7,087,311
    Operating profit 2025: NOK 6,136,593
    Employees: 0

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
7,087,311
7,582,000
6,508,238
4,132,000
4,132,000
Annual Total Result
4,952,978
5,655,307
18,410,038
2,507,875
2,515,284
Total assets
46,747,586
41,847,058
38,373,354
21,023,407
12,827,207
Total liabilities
8,408,850
8,461,301
10,642,904
10,302,995
1,014,670
Total equity
38,338,736
33,385,757
27,730,450
10,720,412
11,812,537

P&L

Year20252024202320222021
Total operating income
7,087,311
7,582,000
6,508,238
4,132,000
4,132,000
Total operating costs
950,718
723,148
999,376
962,406
920,824
Operating result
6,136,593
6,858,851
5,508,862
3,169,594
3,211,176
Financial income/costs
215,535
394,938
14,145,027
40,233
11,694
Profit before tax
6,352,127
7,253,789
19,653,889
3,209,827
3,222,870
Total tax & extraordinary income/cost
1,399,149
1,598,482
1,243,851
701,952
707,586
Annual Total Result
4,952,978
5,655,307
18,410,038
2,507,875
2,515,284

Balance overview

Year20252024202320222021
Total fixed assets
16,927,235
16,323,990
17,628,326
17,749,419
10,754,161
Total current assets
29,820,351
25,523,068
20,745,028
3,273,988
2,073,046
Total assets
46,747,586
41,847,058
38,373,354
21,023,407
12,827,207
Short term debt
8,408,850
8,461,301
10,642,904
10,302,995
1,014,670
Long term debt
0
0
0
0
0
Total liabilities
8,408,850
8,461,301
10,642,904
10,302,995
1,014,670
Contributed capital
30,000
30,000
30,000
30,000
30,000
Retained earnings
38,308,736
33,355,757
27,700,450
10,690,412
11,782,537
Total equity
38,338,736
33,385,757
27,730,450
10,720,412
11,812,537
Total equity and liabilities
46,747,586
41,847,058
38,373,354
21,023,407
12,827,207

Classification

21st company classification
BETA
Small company
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
N
Main industrial area
Administrative and support service activities
77
Activity
Rental and leasing activities
77.3
Main industrial group
Renting and leasing of other machinery, equipment and tangible goods
77.31
Industrial group
Renting and leasing of agricultural machinery and equipment
77.310
Industrial group
Renting and leasing of agricultural machinery and equipment