IPP INTERNATIONAL PIPELINE PRODUCTS AS

Operating

Handel- og agenturvirksomhet, herunder import, kjøp og salg av ventiler, rørprodukter samt beslektede VVS-produkter, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med økonomiske formål.

Handel- og agenturvirksomhet, herunder import, kjøp og salg av ventiler og rørprodukter og VVS produkter.

Organization

CEO: TK
Terje Kjellevik1955
Chairman of the board: TK
Terje Kjellevik1955
Years since formation: 28 years; since Sep 2, 1997
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 750; 1 share class
Total number of shareholders: 5; 1 company, 4 persons

Financials

Total operating income 2024: 4,925,150; NOK
Annual total result 2024: 385,943; NOK
Total equity 2024: 679,397; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
TK Terje Kjellevik 1955	Managing Director/CEO	55.07 % directly

Board

Name	Role	Shares
TK Terje Kjellevik 1955	Chairman	55.07 % directly
AS Anne Sofie Rygh 1967 Resigned	Board Member	-
CL Christina Langaard Kjellevik 1962	Board Member	20 % directly

Others

Name	Role	Shares
P POSITIVT REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TK Terje Kjellevik 1955	Managing Director/CEO, Chairman	55.07 % directly
CL Christina Langaard Kjellevik 1962	Board Member	20 % directly
JB Jon Birger Paldan 1964	-	10 % directly
JV Jens-Erik Verheugen 1966	-	10 % directly

Last update: Feb 15, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
TK Terje Kjellevik 1955	Ordinary shares	413	55.07 %
CL Christina Langaard Kjellevik 1962	Ordinary shares	150	20 %
JV Jens-Erik Verheugen 1966	Ordinary shares	75	10 %
JB Jon Birger Paldan 1964	Ordinary shares	75	10 %
I IPP INTERNATIONAL PIPELINE PRODUCTS AS	Ordinary shares	37	4.93 %

Shares owned by the IPP INTERNATIONAL PIPELINE PRODUCTS AS

Name	Share class	Total number of shares	Share
I IPP INTERNATIONAL PIPELINE PRODUCTS AS	Ordinary shares	37	4.93 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	4,925,150	4,924,876	7,154,055
Annual Total Result	385,943	-587,575	8,908
Total assets	3,113,859	1,826,831	1,984,138
Total liabilities	2,434,462	1,533,377	1,103,109
Total equity	679,397	293,454	881,029

P&L

Year	2024	2023	2022
Total operating income	4,925,150	4,924,876	7,154,055
Total operating costs	4,335,019	5,633,812	7,090,045
Operating result	590,131	-708,936	64,010
Financial income/costs	-94,717	-38,172	-49,253
Profit before tax	495,414	-747,108	14,757
Total tax & extraordinary income/cost	109,471	-159,533	5,849
Annual Total Result	385,943	-587,575	8,908

Balance overview

Year	2024	2023	2022
Total fixed assets	149,614	264,639	138,430
Total current assets	2,964,245	1,562,192	1,845,708
Total assets	3,113,859	1,826,831	1,984,138
Short term debt	2,434,462	1,533,377	1,103,109
Long term debt	0	0	0
Total liabilities	2,434,462	1,533,377	1,103,109
Contributed capital	700,000	700,000	700,000
Retained earnings	-20,603	-406,546	181,029
Total equity	679,397	293,454	881,029
Total equity and liabilities	3,113,859	1,826,831	1,984,138

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

2100

Private non-financial incorporated enterprises

IPP INTERNATIONAL PIPELINE PRODUCTS AS979 181 515