WET GROUND CONSTRUCTION AS
https://www.geofrost.no/en/
Links
Organization
- CEO
- AB
- Chairman of the board
- AB
- Years since formation
- 23 years
- since Jun 19, 2002
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 3
- persons
- Belongs to group of
Financials
- Total operating income 2024
- 72,000
- NOK
- Annual total result 2024
- 15,647,096
- NOK
- Total equity 2024
- 17,863,992
- NOK
Last update: Sep 15, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AB | Managing Director/CEO | 80 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AB | Chairman | 80 % directly |
LB 1990 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AB | Managing Director/CEO, Chairman | 80 % directly |
TB 1979 | - | 10 % directly |
BL 1990 | - | 10 % directly |
Last update: Feb 14, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AB | Ordinary shares | 800 | 80 % |
BL 1990 | Ordinary shares | 100 | 10 % |
TB 1979 | Ordinary shares | 100 | 10 % |
Shares owned by the WET GROUND CONSTRUCTION AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 600,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 72,000Operating profit 2024: NOK 29,368Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 72,000 | 72,000 | 72,000 |
Annual Total Result | 15,647,096 | 12,385 | 23,217 |
Total assets | 25,251,324 | 2,218,579 | 2,209,415 |
Total liabilities | 7,387,332 | 1,682 | 4,903 |
Total equity | 17,863,992 | 2,216,897 | 2,204,511 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 72,000 | 72,000 | 72,000 |
Total operating costs | 42,632 | 67,570 | 47,489 |
Operating result | 29,368 | 4,430 | 24,511 |
Financial income/costs | 20,031,011 | 11,448 | 5,254 |
Profit before tax | 20,060,379 | 15,878 | 29,765 |
Total tax & extraordinary income/cost | 4,413,283 | 3,493 | 6,548 |
Annual Total Result | 15,647,096 | 12,385 | 23,217 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 4,263,932 | 1,291,217 | 1,294,710 |
Total current assets | 20,987,392 | 927,362 | 914,705 |
Total assets | 25,251,324 | 2,218,579 | 2,209,415 |
Short term debt | 7,374,033 | 1,682 | 4,903 |
Long term debt | 13,299 | 0 | 0 |
Total liabilities | 7,387,332 | 1,682 | 4,903 |
Contributed capital | 1,000,000 | 1,000,000 | 1,000,000 |
Retained earnings | 16,863,992 | 1,216,897 | 1,204,511 |
Total equity | 17,863,992 | 2,216,897 | 2,204,511 |
Total equity and liabilities | 25,251,324 | 2,218,579 | 2,209,414 |
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