RACE HOLDING AS
Keywords
preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work
Organization
- CEO
- AH
Anne-Berit Hvaal1968
- Chairman of the board
- AH
Anne-Berit Hvaal1968
- Years since formation
- 19 years
- since Feb 18, 2006
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 3
- persons
- Belongs to group of
Financials
- Total operating income 2024
- 60,000
- NOK
- Annual total result 2024
- 19,518,284
- NOK
- Total equity 2024
- 209,787,023
- NOK
Last update: Aug 12, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AH 1968 | Managing Director/CEO | 34 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AH 1968 | Chairman | 34 % directly |
AH 1992 | Board Member | 33 % directly |
JH 1995 | Board Member | 33 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AH 1968 | Managing Director/CEO, Chairman | 34 % directly |
AH 1992 | Board Member | 33 % directly |
JH 1995 | Board Member | 33 % directly |
Last update: Jan 28, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AH 1968 | Ordinary shares | 34 | 34 % |
AH 1992 | Ordinary shares | 33 | 33 % |
JH 1995 | Ordinary shares | 33 | 33 % |
Shares owned by the RACE HOLDING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 11,667 | 70 % | |
| Ordinary shares | 19,500 | 65 % | |
| Ordinary shares | 7,500 | 25 % | |
| NO0010492622 | 468 | 0.04 % | |
| NO0006000207 | 626 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 60,000Operating profit 2024: NOK -318,922Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 60,000 | 27,261 | 276,067 | 48,290 |
Annual Total Result | 19,518,284 | 43,452,450 | 621,253 | 59,073,485 |
Total assets | 223,886,731 | 211,715,114 | 180,352,396 | 206,864,553 |
Total liabilities | 14,099,708 | 12,446,377 | 12,536,108 | 39,669,516 |
Total equity | 209,787,023 | 199,268,739 | 167,816,288 | 167,195,036 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 60,000 | 27,261 | 276,067 | 48,290 |
Total operating costs | 378,922 | 471,038 | 361,233 | 1,604,678 |
Operating result | -318,922 | -443,777 | -85,166 | -1,556,388 |
Financial income/costs | 22,093,691 | 44,691,286 | 1,100,531 | 60,769,382 |
Profit before tax | 21,774,769 | 44,247,509 | 1,015,365 | 59,212,994 |
Total tax & extraordinary income/cost | 2,256,485 | 795,059 | 394,112 | 139,509 |
Annual Total Result | 19,518,284 | 43,452,450 | 621,253 | 59,073,485 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 181,286,035 | 148,678,085 | 90,228,788 | 40,782,040 |
Total current assets | 42,600,696 | 63,037,029 | 90,123,608 | 166,082,513 |
Total assets | 223,886,731 | 211,715,114 | 180,352,396 | 206,864,553 |
Short term debt | 2,304,708 | 1,205,877 | 1,710,849 | 29,376,918 |
Long term debt | 11,795,000 | 11,240,500 | 10,825,259 | 10,292,598 |
Total liabilities | 14,099,708 | 12,446,377 | 12,536,108 | 39,669,516 |
Contributed capital | 1,061,000 | 1,061,000 | 1,061,000 | 1,061,000 |
Retained earnings | 208,726,023 | 198,207,739 | 166,755,288 | 166,134,036 |
Total equity | 209,787,023 | 199,268,739 | 167,816,288 | 167,195,036 |
Total equity and liabilities | 223,886,731 | 211,715,116 | 180,352,396 | 206,864,553 |
Classification
Category
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.1
Main industrial group
Demolition and site preparation
43.12
Industrial group
Site preparation
43.120
Industrial group
Site preparation