FRONTLINE DRIFT AS
Organization
- CEO
- OP
- Chairman of the board
- OP
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 5,100
- 1 share class
- Total number of shareholders
- 3
- 2 companies, 1 person
Financials
- Total operating income 2024
- 150,000
- NOK
- Annual total result 2024
- -104,738
- NOK
- Total equity 2024
- 14,371,055
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OP | Managing Director/CEO | 35.29 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
OP | Chairman | 35.29 % indirectly |
| Alternate Member | 35.29 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OP | Managing Director/CEO, Chairman | 35.29 % indirectly |
| Alternate Member | 35.29 % indirectly | |
TM | - | 29.41 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,800 | 35.29 % | |
| Ordinary shares | 1,800 | 35.29 % | |
TM | Ordinary shares | 1,500 | 29.41 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 150,000 | 7,060,000 | 43,326,399 | 51,818,600 |
Annual Total Result | -104,738 | 650,740 | 15,469,723 | 10,223,822 |
Total assets | 20,066,777 | 19,255,199 | 23,044,340 | 24,711,023 |
Total liabilities | 5,695,722 | 879,406 | 5,319,287 | 7,455,693 |
Total equity | 14,371,055 | 18,375,793 | 17,725,053 | 17,255,330 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 150,000 | 7,060,000 | 43,326,399 | 51,818,600 |
Total operating costs | 1,036,122 | 6,572,948 | 24,777,051 | 41,724,265 |
Operating result | -886,122 | 487,052 | 18,549,349 | 10,094,335 |
Financial income/costs | 781,384 | 416,190 | 1,080,744 | 2,467,394 |
Profit before tax | -104,738 | 903,243 | 19,630,092 | 12,561,729 |
Total tax & extraordinary income/cost | 0 | 252,503 | 4,160,369 | 2,337,907 |
Annual Total Result | -104,738 | 650,740 | 15,469,723 | 10,223,822 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 1,420,000 | 1,420,000 |
Total current assets | 20,066,777 | 19,255,199 | 21,624,340 | 23,291,023 |
Total assets | 20,066,777 | 19,255,199 | 23,044,340 | 24,711,023 |
Short term debt | 5,695,722 | 879,406 | 5,319,287 | 7,455,693 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 5,695,722 | 879,406 | 5,319,287 | 7,455,693 |
Contributed capital | 1,332,954 | 1,332,954 | 1,332,954 | 1,332,954 |
Retained earnings | 13,038,101 | 17,042,839 | 16,392,099 | 15,922,376 |
Total equity | 14,371,055 | 18,375,793 | 17,725,053 | 17,255,330 |
Total equity and liabilities | 20,066,777 | 19,255,199 | 23,044,340 | 24,711,023 |
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