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NOTODDEN UTVIKLING AS865 581 122

Limited company
Hydroparken bygg 90 Heddalsvegen 11 3674 NOTODDEN, Norge

NOTODDEN UTVIKLING AS

Operating
Fremme nærings- og næringsrelatert stedsutvikling i Notodden kommune. Arbeidet skal drives på non profit grunnlag. Det er ikke selskapets formål å maksimere avkastning eller akkumulere verdier og virksomheten skal over tid gå i balanse. Selskapet har ikke anledning til å utdele utbytte.

Organization

CEO
JT

John Terje Veset1967

Chairman of the board
DT

Dag Tjernsmo1962

Years since formation
31 years
since Feb 19, 1995
Type
Limited company
VAT registered
No
Number of employees
0

Financials

Total operating income 2025
4,965,433
NOK
Annual total result 2025
20,252
NOK
Total equity 2025
7,800,896
NOK
Last update: Jul 15, 2026

Management

Management / administration

NameRoleShares
JT

John Terje Veset

1967

Managing Director/CEO-

Board

NameRoleShares
DT

Dag Tjernsmo

1962

Chairman-
ÅK

Åse Kjersti Øverdal

1964

Board Member-
WH

Wenche Haugerud

1966

Board Member-
TF

Torjus Folsland Bolkesjø

1975

Board Member-
NV

Nis Valentin Ladefoged Nielsen

1986

Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
E
ECIT SERVICES AS
Accountant-
Last update: Sep 24, 2025

Ownership

Shares owned by the NOTODDEN UTVIKLING AS

NameShare classTotal number of sharesShare
N
NOTODDEN INDUSTRISELSKAP AS
Ordinary shares
1,620
100 %
N
NOTODDEN I SENTRUM AS
Ordinary shares
87
56.13 %
P
PARAVEKA AS
Ordinary shares
5,000
16.67 %
B
BIRKELAND SKAPERVERKSTED AS
Ordinary shares
200
14.29 %
W
WESTCONTROL BERGET AS
Ordinary shares
1,815,580
6.67 %
P
PROVENTIA AS
Ordinary shares
20
2.22 %
E
ENERGY INVENTED AS
Ordinary shares
462
1.54 %
N
NORSK BANE AS
Ordinary shares
102
1 %
Last update: Jun 2, 2025

Group structure

  • NOTODDEN UTVIKLING AS
    Total operating income 2025: NOK 4,965,433
    Operating profit 2025: NOK 92,201
    Employees: 0

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
4,965,433
4,861,972
4,798,600
6,559,957
5,748,958
Annual Total Result
20,252
224,224
56,487
563,688
46,243
Total assets
10,316,461
9,928,630
9,799,412
10,724,290
10,280,436
Total liabilities
2,515,565
2,147,986
2,242,992
3,224,357
3,344,191
Total equity
7,800,896
7,780,644
7,556,420
7,499,933
6,936,245

P&L

Year20252024202320222021
Total operating income
4,965,433
4,861,972
4,798,600
6,559,957
5,748,958
Total operating costs
4,873,232
4,556,958
5,206,132
6,588,530
6,018,308
Operating result
92,201
305,014
-407,532
-28,573
-269,350
Financial income/costs
-71,949
-80,790
464,019
592,261
315,593
Profit before tax
20,252
224,224
56,487
563,688
46,243
Total tax & extraordinary income/cost
0
0
0
0
0
Annual Total Result
20,252
224,224
56,487
563,688
46,243

Balance overview

Year20252024202320222021
Total fixed assets
5,327,987
5,932,782
6,577,897
4,983,782
3,581,810
Total current assets
4,988,474
3,995,848
3,221,515
5,740,508
6,698,626
Total assets
10,316,461
9,928,630
9,799,412
10,724,290
10,280,436
Short term debt
1,303,214
935,635
1,030,641
923,396
838,273
Long term debt
0
1,212,351
1,212,351
2,300,961
2,505,918
Total liabilities
2,515,565
2,147,986
2,242,992
3,224,357
3,344,191
Contributed capital
200,000
200,000
200,000
200,000
200,000
Retained earnings
7,600,896
7,580,644
7,356,420
7,299,933
6,736,245
Total equity
7,800,896
7,780,644
7,556,420
7,499,933
6,936,245
Total equity and liabilities
10,316,461
9,928,630
9,799,412
10,724,290
10,280,436

Classification

21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1520
Public incorporated enterprises, owned by local government