CREDO I AS • 919544376 • Oslo

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CREDO I AS

Organization

Chairman of the board: GS
Gudmund Schlytter Killi1976
Years since formation: 8 years; since Sep 11, 2017
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 24,098; 1 share class
Total number of shareholders: 9; 8 companies, 1 person

Financials

Total operating income 2024: 2,933,600; NOK
Annual total result 2024: 5,059,279; NOK
Total equity 2024: 2,712,400; NOK

Last update: Sep 9, 2025

Management

Board

Name	Role	Shares
GS Gudmund Schlytter Killi 1976	Contact Person, Chairman	24.79 % indirectly
WA Wilhelm Anton Mohn 1961	Board Member	13.63 % indirectly
PB Pål Brynsrud 1962	Board Member	24.79 % indirectly
HM Henrik Madsen 1987	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
P PERMIAN BUSINESS PARTNER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
GS Gudmund Schlytter Killi 1976	Contact Person, Chairman	24.79 % indirectly
PB Pål Brynsrud 1962	Board Member	24.79 % indirectly
VR Victor Ring Evensen 1982	-	14.21 % directly 5.44 % indirectly 8.77 %
WA Wilhelm Anton Mohn 1961	Board Member	13.63 % indirectly
SG Stian Glendrange 1986	-	8.42 % indirectly
AG Aleksander Gustav Mohn 1992	-	3.72 % indirectly
CW Caspar Wilhelm Mohn 1999	-	3.72 % indirectly
FK Frederik Knut Mohn 1995	-	3.72 % indirectly
HT Henrik Tøstie 1989	-	1.68 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KMIR AS	Ordinary shares	5,974	24.79 %
M MANGO HOLDING AS	Ordinary shares	5,974	24.79 %
L LANGODDEN AS	Ordinary shares	5,974	24.79 %
H HOLMVIN AS	Ordinary shares	2,113	8.77 %
G GLENDRANGE INVEST AS	Ordinary shares	2,030	8.42 %
VR Victor Ring Evensen 1982	Ordinary shares	1,312	5.44 %
H HT INVESTMENTS AS	Ordinary shares	404	1.68 %
B BLANKENBORG AS	Ordinary shares	211	0.88 %
L LUCKY CAT INVESTS AS	Ordinary shares	106	0.44 %

Shares owned by the CREDO I AS

Name	Share class	Total number of shares	Share
P PARADISO HOLDING AS	A-shares	6,653,230	40.89 %
H HEAT PARTNERS AS	A-shares	144,354	15.88 %
M MMCFP HOLDING AS	A-shares	1,199,830	10.22 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	2,933,600	69,981,001	1,804,587	245,330,524
Annual Total Result	5,059,279	12,404,668	8,262	23,286,643
Total assets	134,382,185	108,365,314	132,792,065	131,412,370
Total liabilities	131,669,785	110,712,192	130,306,288	128,934,855
Total equity	2,712,400	-2,346,879	2,485,777	2,477,514

P&L

Year	2024	2023	2022	2021
Total operating income	2,933,600	69,981,001	1,804,587	245,330,524
Total operating costs	1,457,578	1,281,107	1,715,273	2,054,930
Operating result	1,476,022	68,699,895	89,313	243,275,594
Financial income/costs	3,712,319	-43,890,559	-72,745	-219,922,473
Profit before tax	5,188,342	12,404,668	8,284	23,353,121
Total tax & extraordinary income/cost	129,063	0	22	66,478
Annual Total Result	5,059,279	12,404,668	8,262	23,286,643

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	121,379,933	95,494,729	127,703,701	122,542,354
Total current assets	13,002,252	12,870,585	5,088,364	8,870,015
Total assets	134,382,185	108,365,314	132,792,065	131,412,370
Short term debt	427,350	279,465	556,098	353,896
Long term debt	131,242,435	110,432,728	129,750,190	128,580,959
Total liabilities	131,669,785	110,712,192	130,306,288	128,934,855
Contributed capital	78,773	78,773	2,404,230	2,404,230
Retained earnings	2,633,627	-2,425,652	81,547	73,284
Total equity	2,712,400	-2,346,879	2,485,777	2,477,514
Total equity and liabilities	134,382,185	108,365,314	132,792,065	131,412,370

Classification

Type of organization

Limited company