MASSIVHYTTA AS
Organization
- CEO
- TB
Torstein Brun1981
- Chairman of the board
- TB
Torstein Brun1981
- Years since formation
- 9 years
- since May 13, 2016
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 7,500
- 1 share class
- Total number of shareholders
- 3
- 2 companies, 1 person
- Belongs to group of
Financials
- Annual total result 2024
- -31,255
- NOK
- Total equity 2024
- -330,437
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TB 1981 | Managing Director/CEO | 26 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TB 1981 | Chairman | 26 % indirectly |
HB 1978 | Board Member | 15 % directly |
OU 1984 | Board Member | 22.1 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TB 1981 | Managing Director/CEO, Chairman | 26 % indirectly |
OU 1984 | Board Member | 22.1 % indirectly |
HB 1978 | Board Member | 15 % directly |
SO 1973 | - | 9.95 % indirectly |
HE | - | 6.96 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 4,875 | 65 % | |
| Ordinary shares | 1,500 | 20 % | |
HB 1978 | Ordinary shares | 1,125 | 15 % |
Shares owned by the MASSIVHYTTA AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,500 | 20 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 8,570Operating profit 2024: NOK -60,380Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -31,255 | -11,789 | -20,868 | -34,008 |
Total assets | 567,392 | 595,436 | 607,154 | 628,023 |
Total liabilities | 897,829 | 894,618 | 894,548 | 894,548 |
Total equity | -330,437 | -299,182 | -287,394 | -266,525 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 41,561 | 23,018 | 21,960 | 34,008 |
Operating result | -41,561 | -23,018 | -21,960 | -34,008 |
Financial income/costs | 10,306 | 11,229 | 1,092 | 0 |
Profit before tax | -31,255 | -11,789 | -20,868 | -34,008 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -31,255 | -11,789 | -20,868 | -34,008 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 243,445 | 243,445 | 243,445 | 243,445 |
Total current assets | 323,947 | 351,991 | 363,709 | 384,578 |
Total assets | 567,392 | 595,436 | 607,154 | 628,023 |
Short term debt | 3,352 | 0 | 0 | 894,548 |
Long term debt | 894,477 | 894,618 | 894,548 | 0 |
Total liabilities | 897,829 | 894,618 | 894,548 | 894,548 |
Contributed capital | 691,065 | 691,065 | 691,065 | 691,065 |
Retained earnings | -1,021,502 | -990,247 | -978,459 | -957,590 |
Total equity | -330,437 | -299,182 | -287,394 | -266,525 |
Total equity and liabilities | 567,392 | 595,436 | 607,154 | 628,023 |
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