VELOCITY AS
Keywords
deliverytelecommunications applicationssatellite trackingtelemetryradar station operationsoperationsterminal stationssatellite systemsfacilitiestransmitreceivetelecommunicationsinternet accessvoip (voice over internet protocol)
Organization
- CEO
- BR
Bjørn Rønning1959
- Chairman of the board
- TM
Torgeir Mygland1962
- Years since formation
- 13 years
- since May 3, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 3
- 2 companies, 1 person
Financials
- Total operating income 2024
- 3,320,240
- NOK
- Annual total result 2024
- 115,173
- NOK
- Total equity 2024
- 410,896
- NOK
Last update: May 31, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
BR 1959 | Managing Director/CEO | 33.33 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TM 1962 | Chairman | 33.33 % indirectly |
BR 1959 | Board Member | 33.33 % directly |
GB | Board Member | 33.33 % indirectly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
BR 1959 | Managing Director/CEO, Board Member | 33.33 % directly |
TM 1962 | Chairman | 33.33 % indirectly |
GB | Board Member | 33.33 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 10,000 | 33.33 % | |
| Ordinary shares | 10,000 | 33.33 % | |
BR 1959 | Ordinary shares | 10,000 | 33.33 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,320,240 | 4,668,904 | 2,483,690 | 1,692,122 |
Annual Total Result | 115,173 | 142,421 | 54,314 | 25,756 |
Total assets | 740,467 | 1,310,511 | 568,510 | 440,780 |
Total liabilities | 329,572 | 1,014,788 | 415,345 | 342,028 |
Total equity | 410,896 | 295,723 | 153,164 | 98,751 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,320,240 | 4,668,904 | 2,483,690 | 1,692,122 |
Total operating costs | 3,182,262 | 4,489,910 | 2,421,289 | 1,659,250 |
Operating result | 137,978 | 178,994 | 62,401 | 32,872 |
Financial income/costs | 9,835 | 3,597 | 7,233 | 149 |
Profit before tax | 147,813 | 182,591 | 69,634 | 33,021 |
Total tax & extraordinary income/cost | 32,640 | 40,170 | 15,320 | 7,265 |
Annual Total Result | 115,173 | 142,421 | 54,314 | 25,756 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 740,467 | 1,310,511 | 568,510 | 440,780 |
Total assets | 740,467 | 1,310,511 | 568,510 | 440,780 |
Short term debt | 329,572 | 1,014,788 | 415,345 | 342,028 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 329,572 | 1,014,788 | 415,345 | 342,028 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 380,896 | 265,723 | 123,164 | 68,751 |
Total equity | 410,896 | 295,723 | 153,164 | 98,751 |
Total equity and liabilities | 740,467 | 1,310,511 | 568,509 | 440,779 |
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
J
Main industrial area
Information and communication
61
Activity
Telecommunications
61.9
Main industrial group
Other telecommunications activities
61.90
Industrial group
Other telecommunications activities
61.900
Industrial group
Other telecommunications activities