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O

OLAV INGSTADSVEI 5 AS989 566 903

Mining
Limited company
Olav Ingstadsvei 5 1309 RUD, Norge

OLAV INGSTADSVEI 5 AS

Keywords

mininglimestonegypsumchalk

Organization

Chairman of the board
Years since formation
19 years
since Mar 13, 2006
Type
Limited company
VAT registered
Yes
Number of employees
0

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 2024
10,511,000
NOK
Annual total result 2024
3,463,000
NOK
Total equity 2024
7,278,000
NOK
Last update: Jul 2, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman
9.86 %
indirectly
Board Member-

Others

NameRoleShares
B
BDO AS
Auditor-

Top 10 individual shareholders

NameRoleShares
-
40.18 %
indirectly
Chairman
9.86 %
indirectly
-
8.99 %
indirectly
-
8.99 %
indirectly
-
2.27 %
indirectly
-
1.5 %
indirectly
-
1.5 %
indirectly
-
1.5 %
indirectly
-
1.5 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
F
FRANZEFOSS MINERALS AS
Ordinary shares
100
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2023: NOK 640,874,158
    Operating profit 2023: NOK 62,023,680
    Employees: 88

Financials

in NOK

Summary

Year2024202320222021
Total operating income
10,511,000
9,605,000
8,703,000
7,710,096
Annual Total Result
3,463,000
3,191,000
1,810,000
2,300,362
Total assets
14,792,000
19,055,000
14,568,000
14,544,714
Total liabilities
7,515,000
10,858,000
5,598,000
7,384,727
Total equity
7,278,000
8,197,000
8,970,000
7,159,987

P&L

Year2024202320222021
Total operating income
10,511,000
9,605,000
8,703,000
7,710,096
Total operating costs
5,912,000
5,537,000
6,282,000
4,741,325
Operating result
4,600,000
4,067,000
2,421,000
2,968,771
Financial income/costs
-164,000
26,000
-100,000
-19,589
Profit before tax
4,435,000
4,093,000
2,321,000
2,949,182
Total tax & extraordinary income/cost
972,000
902,000
511,000
648,820
Annual Total Result
3,463,000
3,191,000
1,810,000
2,300,362

Balance overview

Year2024202320222021
Total fixed assets
13,842,000
15,391,000
14,109,000
13,681,510
Total current assets
950,000
3,664,000
459,000
863,204
Total assets
14,792,000
19,055,000
14,568,000
14,544,714
Short term debt
7,515,000
10,858,000
5,598,000
7,384,727
Long term debt
0
0
0
0
Total liabilities
7,515,000
10,858,000
5,598,000
7,384,727
Contributed capital
2,298,000
2,298,000
2,298,000
2,297,966
Retained earnings
4,980,000
5,899,000
6,672,000
4,862,021
Total equity
7,278,000
8,197,000
8,970,000
7,159,987
Total equity and liabilities
14,792,000
19,055,000
14,568,000
14,544,714

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
Standard industrial classification
B
Main industrial area
Mining and quarrying
08
Activity
Other mining and quarrying
08.1
Main industrial group
Quarrying of stone, sand and clay
08.11
Industrial group
Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate
08.112
Industrial group
Quarrying of limestone, gypsum and chalk