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I

INITIAL HOLDING AS998 885 051

Counseling
Limited company
Havevegen 10 3725 SKIEN, Norge

INITIAL HOLDING AS

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO
Chairman of the board
Years since formation
12 years
since Sep 26, 2012
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
10,000
1 share class
Total number of shareholders
1
person

Financials

Annual total result 2023
-3,201,907
NOK
Total equity 2023
389,526
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
100 %
directly

Board

NameRoleShares
Chairman
100 %
directly
Alternate Member-

Others

NameRoleShares
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
100 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
Ordinary shares
10,000
100 %

Shares owned by the INITIAL HOLDING AS

NameShare classNumber of sharesShare
T
TELEMARK PARK INVEST AS
Ordinary shares
14,700
49 %
I
INNOWELL SOLUTIONS AS
Ordinary shares
25,411
6.26 %
F
FLOW TECHNOLOGY HOLDING AS
Ordinary shares
56,229
3.39 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
0
0
0
Annual Total Result
-3,201,907
128,747
-15,242
Total assets
2,392,645
5,599,038
5,487,728
Total liabilities
2,003,119
2,007,605
2,025,043
Total equity
389,526
3,591,433
3,462,686

P&L

Year202320222021
Total operating income
0
0
0
Total operating costs
31,295
16,851
49,102
Operating result
-31,295
-16,851
-49,102
Financial income/costs
-3,170,612
145,598
33,860
Profit before tax
-3,201,907
128,747
-15,242
Total tax & extraordinary income/cost
0
0
0
Annual Total Result
-3,201,907
128,747
-15,242

Balance overview

Year202320222021
Total fixed assets
2,246,273
2,330,973
2,330,973
Total current assets
146,372
3,268,065
3,156,755
Total assets
2,392,645
5,599,038
5,487,728
Short term debt
3,119
7,605
25,043
Long term debt
2,000,000
2,000,000
2,000,000
Total liabilities
2,003,119
2,007,605
2,025,043
Contributed capital
31,546
31,546
31,546
Retained earnings
357,980
3,559,887
3,431,140
Total equity
389,526
3,591,433
3,462,686
Total equity and liabilities
2,392,645
5,599,038
5,487,728

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
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.129
Industrial group
Other technical consultancy