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F

FRONTLINE DRIFT AS870 898 932

Purchase and sale
Limited company
Svenskeberget 38 1727 SARPSBORG, Norge

FRONTLINE DRIFT AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board
Years since formation
29 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 2023
7,060,000
NOK
Annual total result 2023
650,740
NOK
Total equity 2023
18,375,793
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
35.29 %
indirectly

Board

NameRoleShares
Chairman
35.29 %
indirectly
Alternate Member
35.29 %
indirectly

Others

NameRoleShares
C
CENTER REVISJON AS
Auditor-
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
35.29 %
indirectly
Alternate Member
35.29 %
indirectly
-
29.41 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
L
LAUVROS AS
Ordinary shares
1,800
35.29 %
L
LORENTZEN & PARTNERS AS
Ordinary shares
1,800
35.29 %
Ordinary shares
1,500
29.41 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
7,060,000
43,326,399
51,818,600
Annual Total Result
650,740
15,469,723
10,223,822
Total assets
19,255,199
23,044,340
24,711,023
Total liabilities
879,406
5,319,287
7,455,693
Total equity
18,375,793
17,725,053
17,255,330

P&L

Year202320222021
Total operating income
7,060,000
43,326,399
51,818,600
Total operating costs
6,572,948
24,777,051
41,724,265
Operating result
487,052
18,549,349
10,094,335
Financial income/costs
416,190
1,080,744
2,467,394
Profit before tax
903,243
19,630,092
12,561,729
Total tax & extraordinary income/cost
252,503
4,160,369
2,337,907
Annual Total Result
650,740
15,469,723
10,223,822

Balance overview

Year202320222021
Total fixed assets
0
1,420,000
1,420,000
Total current assets
19,255,199
21,624,340
23,291,023
Total assets
19,255,199
23,044,340
24,711,023
Short term debt
879,406
5,319,287
7,455,693
Long term debt
0
0
0
Total liabilities
879,406
5,319,287
7,455,693
Contributed capital
1,332,954
1,332,954
1,332,954
Retained earnings
17,042,839
16,392,099
15,922,376
Total equity
18,375,793
17,725,053
17,255,330
Total equity and liabilities
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
Standard industrial classification
F
Main industrial area
Construction
41
Activity
Construction of buildings
41.1
Main industrial group
Development of building projects
41.10
Industrial group
Development of building projects
41.109
Industrial group
Other development and sale of real estate