XO UTVIKLING AS
Organization
- CEO
- EJ
- Chairman of the board
- SH
Svein-Erik Høiem1969
- Years since formation
- 12 years
- since Jul 11, 2013
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 3
- companies
Financials
- Annual total result 2024
- -683,610
- NOK
- Total equity 2024
- 801,423
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EJ | Managing Director/CEO | 30 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
SH 1969 | Chairman | 33.33 % indirectly |
FS | Deputy Chair | 33.33 % indirectly |
EJ | Board Member | 30 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SH 1969 | Chairman | 33.33 % indirectly |
FS | Deputy Chair | 33.33 % indirectly |
EJ | Managing Director/CEO, Board Member | 30 % indirectly |
AK | - | 3.33 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 33.33 % | |
| Ordinary shares | 100 | 33.33 % | |
| Ordinary shares | 100 | 33.33 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -683,610 | -613,332 | -439,145 | -260,579 |
Total assets | 9,880,204 | 9,210,617 | 9,296,578 | 9,749,908 |
Total liabilities | 9,078,781 | 8,775,584 | 8,248,213 | 8,262,398 |
Total equity | 801,423 | 435,033 | 1,048,366 | 1,487,510 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 35,534 | 26,550 | 31,903 | 39,340 |
Operating result | -35,534 | -26,550 | -31,903 | -39,340 |
Financial income/costs | -648,077 | -586,782 | -407,242 | -221,239 |
Profit before tax | -683,610 | -613,332 | -439,145 | -260,579 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -683,610 | -613,332 | -439,145 | -260,579 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 9,222,494 | 9,099,419 | 9,066,475 | 9,000,766 |
Total current assets | 657,710 | 111,198 | 230,103 | 749,142 |
Total assets | 9,880,204 | 9,210,617 | 9,296,578 | 9,749,908 |
Short term debt | 203,781 | 605,584 | 78,213 | 92,398 |
Long term debt | 8,875,000 | 8,170,000 | 8,170,000 | 8,170,000 |
Total liabilities | 9,078,781 | 8,775,584 | 8,248,213 | 8,262,398 |
Contributed capital | 3,450,000 | 2,400,000 | 2,400,000 | 2,400,000 |
Retained earnings | -2,648,577 | -1,964,967 | -1,351,635 | -912,490 |
Total equity | 801,423 | 435,033 | 1,048,366 | 1,487,510 |
Total equity and liabilities | 9,880,204 | 9,210,617 | 9,296,579 | 9,749,908 |
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