FORMEL INDUSTRIDESIGN AS
Organization
- CEO
- GEGeir Eide1963 
- Chairman of the board
- GEGeir Eide1963 
- Years since formation
- 19 years
- since Jan 4, 2006
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 252
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 214,676
- NOK
- Annual total result 2024
- -241,658
- NOK
- Total equity 2024
- 409,380
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| GE 1963 | Managing Director/CEO | 100 % directly | 
Board
| Name | Role | Shares | 
|---|---|---|
| GE 1963 | Chairman | 100 % directly | 
| EC | Alternate Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Accountant | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| GE 1963 | Managing Director/CEO, Chairman | 100 % directly | 
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| GE 1963 | Ordinary shares | 252 | 100 % | 
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 214,676 | 202,782 | 341,206 | 18,365 | 
| Annual Total Result | -241,658 | 172,505 | -196,761 | -1,509 | 
| Total assets | 928,159 | 681,187 | 508,682 | 705,444 | 
| Total liabilities | 518,779 | 30,149 | 30,149 | 30,149 | 
| Total equity | 409,380 | 651,038 | 478,533 | 675,295 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 214,676 | 202,782 | 341,206 | 18,365 | 
| Total operating costs | 22,224 | 79,465 | 537,548 | 19,930 | 
| Operating result | 192,452 | 123,317 | -196,342 | -1,565 | 
| Financial income/costs | -434,110 | 49,188 | -419 | 56 | 
| Profit before tax | -241,658 | 172,505 | -196,761 | -1,509 | 
| Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 | 
| Annual Total Result | -241,658 | 172,505 | -196,761 | -1,509 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 0 | 0 | 0 | 0 | 
| Total current assets | 928,159 | 681,187 | 508,682 | 705,444 | 
| Total assets | 928,159 | 681,187 | 508,682 | 705,444 | 
| Short term debt | 518,779 | 30,149 | 30,149 | 30,149 | 
| Long term debt | 0 | 0 | 0 | 0 | 
| Total liabilities | 518,779 | 30,149 | 30,149 | 30,149 | 
| Contributed capital | 260,200 | 260,200 | 260,200 | 260,200 | 
| Retained earnings | 149,180 | 390,838 | 218,333 | 415,095 | 
| Total equity | 409,380 | 651,038 | 478,533 | 675,295 | 
| Total equity and liabilities | 928,159 | 681,187 | 508,682 | 705,444 | 
Classification
Type of organization
Limited company