KORINORD AS • 990541515 • Valnesfjord • Construction of buildings

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/ Purchase and sale

KORINORD AS

Keywords

real estatesalesdevelopment

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: 6; 3 companies, 3 persons
Belongs to group of

Financials

Total operating income 2023: 90,000; NOK
Annual total result 2023: -60,375; NOK
Total equity 2023: -2,052,030; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
TA Tor Allan Furnes 1963	Managing Director/CEO	73 % directly

Board

Name	Role	Shares
TA Tor Allan Furnes 1963	Chairman	73 % directly
TE Therese Eriksen 1967	Alternate Member	-

Others

Name	Role	Shares
N NORDVIKS REGNSKAPSKONTOR	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TA Tor Allan Furnes 1963	Managing Director/CEO, Chairman	73 % directly
GH Geir Haugen 1964	-	7 % indirectly
SF Sandra Furnes 1990	-	7 % directly
SB Stig Bjørnbakk 1959	-	5 % indirectly
LB Lill A Johansen Bjørnbakk 1959	-	5 % indirectly
JH John Helge Urskog 1973	-	2 % indirectly
BO Ben Oskar Mosti 1959	-	1 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
TA Tor Allan Furnes 1963	Ordinary shares	73,000	73 %
L LISTIG AS	Ordinary shares	10,000	10 %
R RIEG BODØ AS	Ordinary shares	7,000	7 %
SF Sandra Furnes 1990	Ordinary shares	7,000	7 %
U URSKOG BYGGSERVICE AS	Ordinary shares	2,000	2 %
BO Ben Oskar Mosti 1959	Ordinary shares	1,000	1 %

Shares owned by the KORINORD AS

Name	Share class	Number of shares	Share
U U-NOR AS	Ordinary shares	4,000	100 %
S STRAUMBERGET AS	Ordinary shares	70,000	70 %
T TROMS NÆRINGSPARK AS	Ordinary shares	44,100	24.5 %
D DESTINASJON MØYSUNDET AS	Ordinary shares	1,800	6 %

Last update: May 24, 2024

Group structure

KORINORD AS
Total operating income 2023: NOK 90,000
Operating profit 2023: NOK -59,783
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	90,000	130,000	0
Annual Total Result	-60,375	-172,966	147,817
Total assets	2,953,563	9,621	11,587
Total liabilities	5,005,593	2,001,275	1,920,275
Total equity	-2,052,030	-1,991,655	-1,908,688

P&L

Year	2023	2022	2021
Total operating income	90,000	130,000	0
Total operating costs	149,783	353,227	-141,523
Operating result	-59,783	-223,227	141,523
Financial income/costs	-592	50,260	6,294
Profit before tax	-60,375	-172,966	147,817
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-60,375	-172,966	147,817

Balance overview

Year	2023	2022	2021
Total fixed assets	259,587	3,000	3,000
Total current assets	2,693,977	6,621	8,587
Total assets	2,953,563	9,621	11,587
Short term debt	2,571,318	1,931,275	1,850,275
Long term debt	2,434,275	70,000	70,000
Total liabilities	5,005,593	2,001,275	1,920,275
Contributed capital	194,000	194,000	104,000
Retained earnings	-2,246,030	-2,185,655	-2,012,688
Total equity	-2,052,030	-1,991,655	-1,908,688
Total equity and liabilities	2,953,563	9,621	11,587

Classification

Category

/ 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

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