Organization
- CEO
- MO
Magne Ottestad1959
- Chairman of the board
- MO
Magne Ottestad1959
- Years since formation
- 29 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2023
- 639,794
- NOK
- Annual total result 2023
- 2,683,892
- NOK
- Total equity 2023
- 17,415,889
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MO 1959 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MO 1959 | Chairman | 100 % directly |
SJ | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MO 1959 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Nov 5, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
MO 1959 | Ordinary shares | 100 | 100 % |
Shares owned by the MARCUS OTTESTAD AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 90 | 60 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 639,794Operating profit 2023: NOK 27,519Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 639,794 | 599,282 |
Annual Total Result | 2,683,892 | 6,408,937 |
Total assets | 19,655,662 | 17,184,272 |
Total liabilities | 2,239,773 | 2,452,275 |
Total equity | 17,415,889 | 14,731,997 |
P&L
| Year | 2023 | 2022 |
|---|---|---|
Total operating income | 639,794 | 599,282 |
Total operating costs | 612,275 | 316,406 |
Operating result | 27,519 | 282,876 |
Financial income/costs | 2,736,816 | 6,212,792 |
Profit before tax | 2,764,335 | 6,495,668 |
Total tax & extraordinary income/cost | 80,443 | 86,731 |
Annual Total Result | 2,683,892 | 6,408,937 |
Balance overview
| Year | 2023 | 2022 |
|---|---|---|
Total fixed assets | 4,837,428 | 6,386,837 |
Total current assets | 14,818,234 | 10,797,435 |
Total assets | 19,655,662 | 17,184,272 |
Short term debt | 205,376 | 208,154 |
Long term debt | 2,034,397 | 2,244,121 |
Total liabilities | 2,239,773 | 2,452,275 |
Contributed capital | 90,734 | 90,734 |
Retained earnings | 17,325,155 | 14,641,263 |
Total equity | 17,415,889 | 14,731,997 |
Total equity and liabilities | 19,655,662 | 17,184,272 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
47
Activity
Retail trade, except of motor vehicles and motorcycles
47.7
Main industrial group
Retail sale of other goods in specialised stores
47.78
Industrial group
Other retail sale of new goods in specialised stores
47.782
Industrial group
Retail sale of optical goods in specialised stores