RIDER IN BALANCE AS

Operating

Rider In Balance - All you need to become a better rider

With our focus on horse welfare and rider health are we able to enhance their performance as a team with minor adjustments to their seat, positions and balance.

Fremstilling/salg av rideteknisk utstyr og andre produkter som naturlig faller sammen med dette.

Organization

CEO: MT
Maria Terese Kulblik Engell1983
Chairman of the board: LL
Lars Lund-Roland1956
Years since formation: 11 years; since Jun 30, 2015
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 38,064; 1 share class
Total number of shareholders: 19; 11 companies, 8 persons

Financials

Total operating income 2025: 3,787,827; NOK
Annual total result 2025: -2,556,864; NOK
Total equity 2025: 5,718,620; NOK

Last update: Jul 23, 2026

Management

Management / administration

Name	Role	Shares
MT Maria Terese Kulblik Engell 1983	Managing Director/CEO	-

Board

Name	Role	Shares
LL Lars Lund-Roland 1956	Chairman	-
MT Maria Terese Kulblik Engell 1983	Board Member	-
AE Andreas Engell 1977	Board Member	-
AC Alison Clare Sundset 1967	Board Member	-

Others

Name	Role	Shares
M M&M REGNSKAP AS	Accountant	-
S SPAREBANK 1 FORRETNINGSPARTNER ØSTLANDET AS	Accountant	-
C CROWE PARTNER REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TK Terese Kulblik Engell Maria 1983	-	46.74 % directly
EA Engell Andreas 1977	-	18.92 % indirectly
RS Risberg Simensen Ingeborg 1973	-	5.7 % indirectly
FG Frode Goovaerts Bern Kenneth 1960	-	3.83 % indirectly
OH Olav Helsem Sverre 1955	-	2.61 % indirectly
EK Elisabet Katarina Norderup Michelson Kerstin 1962	-	1.59 % indirectly
KH Klaveness Holmen Karianne 1978	-	1.47 % indirectly
ER Emilie Ro Helsem Ane 1987	-	1.2 % indirectly
RH Ro Helsem Morten 1984	-	1.2 % indirectly
SS Smith Skattum Lisa 1961	-	1.13 % directly

Last update: Aug 3, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
TK Terese Kulblik Engell Maria 1983	Ordinary shares	17,790	46.74 %
M MARTIN FIDEM AS	Ordinary shares	7,200	18.92 %
I ISIM AS	Ordinary shares	2,170	5.7 %
PV Pro Vet Ab	Ordinary shares	2,100	5.52 %
C CONUS AS	Ordinary shares	1,907	5.01 %
T TELECOM AS	Ordinary shares	1,456	3.83 %
HE Hernlund Elin	Ordinary shares	1,030	2.71 %
E ENM HOLDING AS	Ordinary shares	605	1.59 %
H HAPPY HORSES AS	Ordinary shares	558	1.47 %
A ALEVA AS	Ordinary shares	430	1.13 %
S STIFTELSEN INNLANDET SCIENCE PARK	Ordinary shares	430	1.13 %
H HESTEKREFTER AS	Ordinary shares	430	1.13 %
F FINANS I FJÆRA AS	Ordinary shares	430	1.13 %
SS Smith Skattum Lisa 1961	Ordinary shares	430	1.13 %
MM Marcus Moss Hans 1961	Ordinary shares	383	1.01 %
BA Berridge Annikka	Ordinary shares	215	0.56 %
L LYRIA AS	Ordinary shares	215	0.56 %
MC Monge Christoffersen Erlend 1983	Ordinary shares	215	0.56 %
CB Centaur Biomechanics Ltd	Ordinary shares	70	0.18 %

Last update: Sep 25, 2026

Financials

in NOK

Summary

Year	2025	2024	2023	2022
Total operating income	3,787,827	2,440,674	3,110,887	2,682,924
Annual Total Result	-2,556,864	-1,766,616	-410,418	-360,037
Total assets	7,618,332	8,816,275	3,056,153	3,855,557
Total liabilities	1,899,712	540,791	1,714,169	2,103,155
Total equity	5,718,620	8,275,483	1,341,984	1,752,402

P&L

Year	2025	2024	2023	2022
Total operating income	3,787,827	2,440,674	3,110,887	2,682,924
Total operating costs	6,481,616	4,085,579	3,415,684	3,061,246
Operating result	-2,693,790	-1,644,905	-304,797	-378,323
Financial income/costs	136,926	-121,711	-105,621	18,286
Profit before tax	-2,556,864	-1,766,616	-410,418	-360,037
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	-2,556,864	-1,766,616	-410,418	-360,037

Balance overview

Year	2025	2024	2023	2022
Total fixed assets	2,896,077	1,463,844	1,524,358	1,474,335
Total current assets	4,722,255	7,352,430	1,531,795	2,381,222
Total assets	7,618,332	8,816,275	3,056,153	3,855,557
Short term debt	1,899,712	540,791	160,091	167,987
Long term debt	0	0	1,554,078	1,935,168
Total liabilities	1,899,712	540,791	1,714,169	2,103,155
Contributed capital	11,230,021	11,230,021	2,529,906	2,529,906
Retained earnings	-5,511,402	-2,954,538	-1,187,922	-777,505
Total equity	5,718,620	8,275,483	1,341,984	1,752,402
Total equity and liabilities	7,618,332	8,816,275	3,056,153	3,855,557

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

Standard industrial classification

RIDER IN BALANCE AS915 545 823