ARCTIC PIPING AS
Keywords
productionpipeshot rollinghot pressingcold drawingcold rollinghollow profiles
Organization
- CEO
- KD
Kjell Dag Olsen1963
- Chairman of the board
- BM
- Years since formation
- 8 years
- since Jan 26, 2017
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2023
- 4,820,239
- NOK
- Annual total result 2023
- -862,104
- NOK
- Total equity 2023
- -463,953
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KD 1963 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
BM | Chairman | 48.21 % indirectly |
EM 1961 | Board Member | 42.38 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
BM | Chairman | 48.21 % indirectly |
EM 1961 | Board Member | 42.38 % indirectly |
MS | - | 9.42 % indirectly |
Last update: Jun 24, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 510 | 51 % | |
| Ordinary shares | 490 | 49 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 138,000Operating profit 2023: NOK -234,199Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 4,820,239 | 6,285,095 | 5,813,115 |
Annual Total Result | -862,104 | -520,220 | -37,355 |
Total assets | 828,821 | 2,244,040 | 3,233,818 |
Total liabilities | 1,292,775 | 1,845,890 | 2,315,447 |
Total equity | -463,953 | 398,151 | 918,371 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 4,820,239 | 6,285,095 | 5,813,115 |
Total operating costs | 5,680,841 | 6,721,445 | 5,867,441 |
Operating result | -860,602 | -436,350 | -54,327 |
Financial income/costs | -1,502 | -757 | 6,436 |
Profit before tax | -862,104 | -437,107 | -47,891 |
Total tax & extraordinary income/cost | 0 | 83,113 | -10,536 |
Annual Total Result | -862,104 | -520,220 | -37,355 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 17,000 | 35,000 | 432,346 |
Total current assets | 811,821 | 2,209,040 | 2,801,471 |
Total assets | 828,821 | 2,244,040 | 3,233,818 |
Short term debt | 1,292,775 | 1,845,890 | 2,315,447 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 1,292,775 | 1,845,890 | 2,315,447 |
Contributed capital | 112,000 | 112,000 | 112,000 |
Retained earnings | -575,953 | 286,151 | 806,371 |
Total equity | -463,953 | 398,151 | 918,371 |
Total equity and liabilities | 828,821 | 2,244,040 | 3,233,818 |
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
C
Main industrial area
Manufacturing
24
Activity
Manufacture of basic metals
24.2
Main industrial group
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
24.20
Industrial group
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
24.200
Industrial group
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel