KORINORD AS
Organization
- CEO
- TA
Tor Allan Furnes1963
- Chairman of the board
- TA
Tor Allan Furnes1963
- Years since formation
- 19 years
- since Nov 24, 2006
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100,000
- 1 share class
- Total number of shareholders
- 7
- 3 companies, 4 persons
- Belongs to group of
Financials
- Total operating income 2024
- 30,000
- NOK
- Annual total result 2024
- -190,331
- NOK
- Total equity 2024
- -2,242,361
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TA 1963 | Managing Director/CEO | 71 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TA 1963 | Chairman | 71 % directly |
TE 1967 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TA 1963 | Managing Director/CEO, Chairman | 71 % directly |
GH 1964 | - | 8 % indirectly |
SF 1990 | - | 7 % directly |
SB 1959 | - | 5 % indirectly |
| - | 5 % indirectly | |
JH | - | 2 % indirectly |
BO 1959 | - | 1 % directly |
KÅ 1967 | - | 1 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TA 1963 | Ordinary shares | 71,000 | 71 % |
| Ordinary shares | 10,000 | 10 % | |
| Ordinary shares | 8,000 | 8 % | |
SF 1990 | Ordinary shares | 7,000 | 7 % |
| Ordinary shares | 2,000 | 2 % | |
BO 1959 | Ordinary shares | 1,000 | 1 % |
KÅ 1967 | Ordinary shares | 1,000 | 1 % |
Shares owned by the KORINORD AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 4,000 | 100 % | |
| Ordinary shares | 70,000 | 70 % | |
| Ordinary shares | 26,280 | 23.95 % | |
| Ordinary shares | 1,800 | 6 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 30,000Operating profit 2024: NOK -187,186Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 30,000 | 90,000 | 130,000 | 0 |
Annual Total Result | -190,331 | -60,375 | -172,966 | 147,817 |
Total assets | 319,589 | 2,953,563 | 9,621 | 11,587 |
Total liabilities | 2,561,949 | 5,005,593 | 2,001,275 | 1,920,275 |
Total equity | -2,242,361 | -2,052,030 | -1,991,655 | -1,908,688 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 30,000 | 90,000 | 130,000 | 0 |
Total operating costs | 217,186 | 149,783 | 353,227 | -141,523 |
Operating result | -187,186 | -59,783 | -223,227 | 141,523 |
Financial income/costs | -3,145 | -592 | 50,260 | 6,294 |
Profit before tax | -190,331 | -60,375 | -172,966 | 147,817 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -190,331 | -60,375 | -172,966 | 147,817 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 259,587 | 259,587 | 3,000 | 3,000 |
Total current assets | 60,002 | 2,693,977 | 6,621 | 8,587 |
Total assets | 319,589 | 2,953,563 | 9,621 | 11,587 |
Short term debt | 39,374 | 2,571,318 | 1,931,275 | 1,850,275 |
Long term debt | 2,522,575 | 2,434,275 | 70,000 | 70,000 |
Total liabilities | 2,561,949 | 5,005,593 | 2,001,275 | 1,920,275 |
Contributed capital | 194,000 | 194,000 | 194,000 | 104,000 |
Retained earnings | -2,436,361 | -2,246,030 | -2,185,655 | -2,012,688 |
Total equity | -2,242,361 | -2,052,030 | -1,991,655 | -1,908,688 |
Total equity and liabilities | 319,589 | 2,953,563 | 9,621 | 11,587 |
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