FOLKEKRAFT GROUP AS
Organization
- CEO
- LG
Lasse Gjellestad1997
- Chairman of the board
- GM
- Years since formation
- 8 years
- since Jan 10, 2017
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000,000
- 1 share class
- Total number of shareholders
- 4
- 1 company, 3 persons
- Belongs to group of
Financials
- Total operating income 2024
- 240,184
- NOK
- Annual total result 2024
- -3,654,898
- NOK
- Total equity 2024
- 7,109,216
- NOK
Last update: Sep 19, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LG 1997 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
GM | Chairman | 96.7 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
GM | Chairman | 96.7 % directly |
MH | - | 2.5 % directly |
Last update: Sep 2, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
GM | Ordinary shares | 967,000 | 96.7 % |
MH | Ordinary shares | 25,000 | 2.5 % |
| Ordinary shares | 6,250 | 0.63 % | |
SF | Ordinary shares | 1,750 | 0.18 % |
Shares owned by the FOLKEKRAFT GROUP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,941,065 | 71.51 % | |
| Ordinary shares | 150 | 50 % | |
| Ordinary shares | 381,682 | 4.36 % | |
| Class B shares | 358 | 0.03 % | |
| Ordinary shares | 100 | 0.02 % | |
| Ordinary shares | 588 | < 0.01 % | |
| Ordinary shares | 107 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 240,184Operating profit 2024: NOK -1,749,305Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 240,184 | 2,029,825 | 2,156,507 | 2,150,536 |
Annual Total Result | -3,654,898 | -8,799,585 | -981,050 | 940,298 |
Total assets | 24,041,959 | 26,149,701 | 27,090,804 | 25,681,111 |
Total liabilities | 16,932,744 | 26,716,156 | 18,857,673 | 12,966,931 |
Total equity | 7,109,216 | -566,454 | 8,233,130 | 12,714,180 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 240,184 | 2,029,825 | 2,156,507 | 2,150,536 |
Total operating costs | 1,989,488 | 2,680,395 | 4,663,802 | 2,135,796 |
Operating result | -1,749,305 | -650,570 | -2,507,295 | 14,740 |
Financial income/costs | -1,905,593 | -8,149,014 | 1,624,498 | 881,742 |
Profit before tax | -3,654,898 | -8,799,585 | -882,797 | 896,483 |
Total tax & extraordinary income/cost | 0 | 0 | 98,253 | -43,815 |
Annual Total Result | -3,654,898 | -8,799,585 | -981,050 | 940,298 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 21,051,787 | 25,791,937 | 8,036,209 | 22,806,421 |
Total current assets | 2,990,172 | 357,764 | 19,054,594 | 2,874,690 |
Total assets | 24,041,959 | 26,149,701 | 27,090,804 | 25,681,111 |
Short term debt | 14,369,354 | 17,450,783 | 11,103,634 | 2,770,033 |
Long term debt | 2,563,389 | 9,265,373 | 7,754,039 | 10,196,897 |
Total liabilities | 16,932,744 | 26,716,156 | 18,857,673 | 12,966,931 |
Contributed capital | 11,360,568 | 30,000 | 30,000 | 30,000 |
Retained earnings | -4,251,352 | -596,454 | 8,203,130 | 12,684,180 |
Total equity | 7,109,216 | -566,454 | 8,233,130 | 12,714,180 |
Total equity and liabilities | 24,041,959 | 26,149,701 | 27,090,804 | 25,681,111 |
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