OTIC AS
Organization
- CEO
- AI
Arne Incoronato1964
- Chairman of the board
- TJ
Trygve Jacobsen1946
- Years since formation
- 14 years
- since Sep 1, 2011
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 353,911,540
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Annual total result 2024
- 18,693,043
- NOK
- Total equity 2024
- 86,675,864
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AI 1964 | Managing Director/CEO | 25.5 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TJ 1946 | Chairman | 28.23 % indirectly |
AI 1964 | Board Member | 25.5 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TJ 1946 | Chairman | 28.23 % indirectly |
AI 1964 | Managing Director/CEO, Board Member | 25.5 % indirectly |
TJ 1969 | - | 20.32 % indirectly |
AG | - | 6.78 % indirectly |
SI | - | 4.5 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 247,738,078 | 70 % | |
| Ordinary shares | 106,173,462 | 30 % |
Shares owned by the OTIC AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 100 % | |
| Ordinary shares | 19,000 | 100 % | |
| Ordinary shares | 40,143,451 | 100 % | |
| Ordinary shares | 6,200 | 100 % | |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 455 | 91 % | |
| Ordinary shares | 500 | 50 % | |
| Preference shares | 100,493 | 0.41 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -110,863Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Annual Total Result | 18,693,043 | 18,016,046 | 17,120,469 |
Total assets | 144,875,352 | 130,474,905 | 126,234,844 |
Total liabilities | 58,199,488 | 47,492,084 | 45,268,069 |
Total equity | 86,675,864 | 82,982,822 | 80,966,775 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Total operating costs | 36,404 | 35,631 | 45,672 |
Operating result | -36,404 | -35,631 | -45,672 |
Financial income/costs | 24,010,358 | 22,136,275 | 20,507,610 |
Profit before tax | 23,973,954 | 22,100,644 | 20,461,938 |
Total tax & extraordinary income/cost | 5,280,911 | 4,084,598 | 3,341,469 |
Annual Total Result | 18,693,043 | 18,016,046 | 17,120,469 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 104,588,620 | 104,588,620 | 109,691,645 |
Total current assets | 40,286,732 | 25,886,285 | 16,543,199 |
Total assets | 144,875,352 | 130,474,905 | 126,234,844 |
Short term debt | 47,922,644 | 36,604,598 | 45,268,069 |
Long term debt | 10,276,844 | 10,887,486 | 0 |
Total liabilities | 58,199,488 | 47,492,084 | 45,268,069 |
Contributed capital | 35,391,859 | 35,391,859 | 35,391,859 |
Retained earnings | 51,284,005 | 47,590,963 | 45,574,916 |
Total equity | 86,675,864 | 82,982,822 | 80,966,775 |
Total equity and liabilities | 144,875,352 | 130,474,905 | 126,234,844 |
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