Organization
- CEO
- MV
Morten Vestvik1980
- Chairman of the board
- TY
- Years since formation
- 20 years
- since Jan 10, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 50
Ownership
- Number of shares and share classes
- 2,586
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 67,842,998
- NOK
- Annual total result 2024
- 2,919,726
- NOK
- Total equity 2024
- 17,460,741
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MV 1980 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TY | Chairman | - |
HS 1960 | Board Member | 100 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HS 1960 | Board Member | 100 % indirectly |
Last update: Aug 21, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,586 | 100 % |
Shares owned by the ST SVITHUN HOTELL AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,500 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 11,773,334Operating profit 2024: NOK 626,467Employees: 5
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 67,842,998 | 60,254,141 | 54,649,650 | 41,039,789 |
Annual Total Result | 2,919,726 | 637,216 | 999,107 | 275,426 |
Total assets | 61,576,646 | 60,472,918 | 60,630,368 | 58,711,549 |
Total liabilities | 44,115,905 | 43,179,101 | 43,284,120 | 42,364,408 |
Total equity | 17,460,741 | 17,293,818 | 17,346,249 | 16,347,141 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 67,842,998 | 60,254,141 | 54,649,650 | 41,039,789 |
Total operating costs | 62,167,997 | 57,479,574 | 51,951,174 | 39,703,572 |
Operating result | 5,675,001 | 2,774,567 | 2,698,476 | 1,336,217 |
Financial income/costs | -1,930,332 | -1,956,673 | -1,417,570 | -983,107 |
Profit before tax | 3,744,669 | 817,893 | 1,280,906 | 353,110 |
Total tax & extraordinary income/cost | 824,943 | 180,677 | 281,799 | 77,684 |
Annual Total Result | 2,919,726 | 637,216 | 999,107 | 275,426 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 55,523,935 | 55,154,758 | 54,994,849 | 55,153,207 |
Total current assets | 6,052,711 | 5,318,161 | 5,635,519 | 3,558,342 |
Total assets | 61,576,646 | 60,472,918 | 60,630,368 | 58,711,549 |
Short term debt | 44,115,905 | 43,179,101 | 43,284,120 | 42,364,408 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 44,115,905 | 43,179,101 | 43,284,120 | 42,364,408 |
Contributed capital | 13,036,242 | 13,036,242 | 13,036,242 | 13,036,242 |
Retained earnings | 4,424,499 | 4,257,576 | 4,310,007 | 3,310,899 |
Total equity | 17,460,741 | 17,293,818 | 17,346,249 | 16,347,141 |
Total equity and liabilities | 61,576,646 | 60,472,918 | 60,630,368 | 58,711,549 |
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