IPP INTERNATIONAL PIPELINE PRODUCTS AS
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 1955 | Managing Director/CEO | 55.07 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TK 1955 | Chairman | 55.07 % directly |
AS 1967 | Board Member | - |
| Board Member | 20 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TK 1955 | Managing Director/CEO, Chairman | 55.07 % directly |
| Board Member | 20 % directly | |
JB | - | 10 % directly |
JV | - | 10 % directly |
Last update: Feb 15, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TK 1955 | Ordinary shares | 413 | 55.07 % |
| Ordinary shares | 150 | 20 % | |
JV | Ordinary shares | 75 | 10 % |
JB | Ordinary shares | 75 | 10 % |
| Ordinary shares | 37 | 4.93 % |
Shares owned by the IPP INTERNATIONAL PIPELINE PRODUCTS AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| 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
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises