BARO TECHNOLOGY AS • 914353114 • Ulsteinvik • Manufacture of machinery and equipment n.e.c.

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Industry and manufacturing

/ Lifting cranes

BARO TECHNOLOGY AS

Keywords

productionmarineliftinghandlingequipment

Organization

CEO: SK
Stig Kolbein Ulstein1986
Chairman of the board: SU
Stig Ulstein1958
Years since formation: 10 years; since Nov 5, 2014
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Annual total result 2023: 32,556; NOK
Total equity 2023: 1,514,117; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
SK Stig Kolbein Ulstein 1986	Managing Director/CEO	8.37 % indirectly

Board

Name	Role	Shares
SU Stig Ulstein 1958	Chairman	12.67 % indirectly
HO Håvard Ole Myrene 1952	Board Member	6 % indirectly

Others

Name	Role	Shares
H HASUND AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SU Stig Ulstein 1958	Chairman	12.67 % indirectly
SK Stig Kolbein Ulstein 1986	Managing Director/CEO	8.37 % indirectly
IP Ida Pernille Ulstein Jekov 1991	-	8.37 % indirectly
MU Martine Ulstein 1994	-	8.37 % indirectly
HO Håvard Ole Myrene 1952	Board Member	6 % indirectly
MU Morten Ulstein 1953	-	6 % indirectly
HU Håvard Ulstein 1959	-	6 % indirectly
SI Svein Idar Ulstein 1963	-	6 % indirectly
IM Ingunn Merete Ulstein Botnen 1955	-	6 % indirectly
HU Henning Ulstein 1956	-	6 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
U ULMATEC EIENDOM AS	Ordinary shares	1,000	100 %

Shares owned by the BARO TECHNOLOGY AS

Name	Share class	Number of shares	Share
W W.PRODUCTS AS	Ordinary shares	60,952	100 %
U ULSTEIN MARINE TECHNOLOGY AS	Ordinary shares	116	4.07 %

Last update: May 24, 2024

Group structure

ULMATEC EIENDOM AS
Total operating income 2023: NOK 4,192,196
Operating profit 2023: NOK 3,163,018
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	0
Annual Total Result	32,556	48,124	49,000
Total assets	5,003,857	5,024,377	4,992,366
Total liabilities	3,489,740	3,634,032	3,725,793
Total equity	1,514,117	1,390,345	1,266,573

P&L

Year	2023	2022	2021
Total operating income	0	0	0
Total operating costs	62,174	59,139	54,661
Operating result	-62,174	-59,139	-54,661
Financial income/costs	69,003	85,926	85,745
Profit before tax	6,829	26,787	31,084
Total tax & extraordinary income/cost	-25,727	-21,337	-17,916
Annual Total Result	32,556	48,124	49,000

Balance overview

Year	2023	2022	2021
Total fixed assets	4,880,001	4,880,001	4,880,001
Total current assets	123,856	144,376	112,365
Total assets	5,003,857	5,024,377	4,992,366
Short term debt	2,579,740	2,594,032	2,555,793
Long term debt	0	0	0
Total liabilities	3,489,740	3,634,032	3,725,793
Contributed capital	1,308,384	1,217,168	1,141,520
Retained earnings	205,733	173,177	125,053
Total equity	1,514,117	1,390,345	1,266,573
Total equity and liabilities	5,003,857	5,024,377	4,992,366

Classification

Category

Industry and manufacturing

/ Lifting cranes

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

28

Activity

Manufacture of machinery and equipment n.e.c.

28.2

Main industrial group

Manufacture of other general-purpose machinery

28.22

Industrial group

Manufacture of lifting and handling equipment

28.221

Industrial group

Manufacture of marine lifting and handling equipment