MASSIVTRE AS • 916602197 • Grimstad • Wholesale trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

MASSIVTRE AS

Keywords

lumber

Organization

CEO: TØ
Tor Øystein Osa Michalsen1979
Chairman of the board: LR
Lars Reme1979
Years since formation: 8 years; since Jan 25, 2016
Type: Limited company
VAT registered: Yes
Number of employees: 10

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 58,463,580; NOK
Annual total result 2023: 1,813,292; NOK
Total equity 2023: 5,687,164; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
TØ Tor Øystein Osa Michalsen 1979	Managing Director/CEO	25.5 % indirectly

Board

Name	Role	Shares
LR Lars Reme 1979	Chairman	-
SL Stian Bøttger Linna 1969	Board Member	-
TH Thor Hushovd 1978	Board Member	-
TØ Tor Øystein Osa Michalsen 1979	Board Member	25.5 % indirectly
DU Dagfinn Urfjell 1966	Board Member	10 % indirectly
BG Bengt Gunnar Michalsen 1959	Board Member	7.25 % indirectly

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
S SPAREBANK 1 SØR-NORGE FORRETNINGSPARTNER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TØ Tor Øystein Osa Michalsen 1979	Managing Director/CEO, Board Member	25.5 % indirectly
DU Dagfinn Urfjell 1966	Board Member	10 % indirectly
TM Torill Osa Michalsen 1960	-	7.25 % indirectly
BG Bengt Gunnar Michalsen 1959	Board Member	7.25 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MASSIVTRE HOLDING AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

MASSIVTRE HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -225,111
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	58,463,580	68,541,943	33,804,625
Annual Total Result	1,813,292	255,527	-189,482
Total assets	12,618,145	17,412,361	3,020,020
Total liabilities	6,930,981	13,538,489	5,401,675
Total equity	5,687,164	3,873,872	-2,381,655

P&L

Year	2023	2022	2021
Total operating income	58,463,580	68,541,943	33,804,625
Total operating costs	56,501,574	68,179,915	33,819,322
Operating result	1,962,005	362,028	-14,697
Financial income/costs	-148,714	-106,501	-174,785
Profit before tax	1,813,292	255,527	-189,482
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	1,813,292	255,527	-189,482

Balance overview

Year	2023	2022	2021
Total fixed assets	86,518	74,312	79,030
Total current assets	12,531,627	17,338,049	2,940,990
Total assets	12,618,145	17,412,361	3,020,020
Short term debt	6,930,981	13,538,489	5,401,675
Long term debt	0	0	0
Total liabilities	6,930,981	13,538,489	5,401,675
Contributed capital	3,873,872	3,873,872	100,000
Retained earnings	1,813,292	0	-2,481,655
Total equity	5,687,164	3,873,872	-2,381,655
Total equity and liabilities	12,618,145	17,412,361	3,020,020

Classification

Category

Goods and trade

/ Purchase and sale

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

G

Main industrial area

Wholesale and retail trade; repair of motor vehicles and motorcycles

46

Activity

Wholesale trade, except of motor vehicles and motorcycles

46.7

Main industrial group

Other specialised wholesale

46.73

Industrial group

Wholesale of wood, construction materials and sanitary equipment

46.732

Industrial group

Wholesale of lumber