X-BRANDS AS • 919939303 • Oslo • Wholesale trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

X-BRANDS AS

Closed at December 27th, 2023

Keywords

sporting equipment

Organization

Chairman of the board: FM
Finn Magnus Flesland Torall1986
Operation time: 6 years; - Nov 22, 2017 to Dec 27, 2023
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 714,286; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2022: 263,000; NOK
Annual total result 2022: 133; NOK
Total equity 2022: 759,492; NOK

Last update: Oct 18, 2023

Management

Board

Name	Role	Shares
FM Finn Magnus Flesland Torall 1986	Chairman	70 % indirectly
LA Lars Andreas Grønningsæter Aglen 1987	Board Member	30 % indirectly
VS Vegard Sunde 1988 Resigned	Board Member	-

Others

Name	Role	Shares
P PROGRESSUM OSLO AS	Accountant	-
A ABACUS ØKONOMITJENESTER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
FM Finn Magnus Flesland Torall 1986	Chairman	70 % indirectly
LA Lars Andreas Grønningsæter Aglen 1987	Board Member	30 % indirectly

Last update: Dec 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
T TORALL AS	Ordinary shares	500,000	70 %
L LAGA HOLDING AS	Ordinary shares	214,286	30 %

Last update: Apr 4, 2024

Group structure

TORALL AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -691,038
Employees: 0

Financials

in NOK

Summary

Year	2022	2021
Total operating income	263,000	1,165,236
Annual Total Result	133	-15,989
Total assets	2,849,084	2,649,021
Total liabilities	2,089,592	1,889,662
Total equity	759,492	759,359

P&L

Year	2022	2021
Total operating income	263,000	1,165,236
Total operating costs	261,521	1,179,633
Operating result	1,479	-14,397
Financial income/costs	-1,431	-1,592
Profit before tax	48	-15,989
Total tax & extraordinary income/cost	-85	0
Annual Total Result	133	-15,989

Balance overview

Year	2022	2021
Total fixed assets	2,491,465	180,001
Total current assets	357,619	2,469,020
Total assets	2,849,084	2,649,021
Short term debt	2,089,592	1,889,577
Long term debt	0	85
Total liabilities	2,089,592	1,889,662
Contributed capital	708,716	708,716
Retained earnings	50,776	50,643
Total equity	759,492	759,359
Total equity and liabilities	2,849,084	2,649,021

Classification

Category

Goods and trade

/ Purchase and sale

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

G

Main industrial area

Wholesale and retail trade; repair of motor vehicles and motorcycles

46

Activity

Wholesale trade, except of motor vehicles and motorcycles

46.4

Main industrial group

Wholesale of household goods

46.49

Industrial group

Wholesale of other household goods

46.494

Industrial group

Wholesale of sporting equipment