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V

VELOCITY AS998 327 474

Telecommunications
Limited company
Fossumbakken 2A 1359 EIKSMARKA, Norge

VELOCITY AS

Keywords

deliverytelecommunications applicationssatellite trackingtelemetryradar station operationsoperationsterminal stationssatellite systemsfacilitiestransmitreceivetelecommunicationsinternet accessvoip (voice over internet protocol)

Organization

Chairman of the board
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

NameRoleShares
Managing Director/CEO
33.33 %
directly

Board

NameRoleShares
Chairman
33.33 %
indirectly
Board Member
33.33 %
directly
Board Member
33.33 %
indirectly

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Board Member
33.33 %
directly
Chairman
33.33 %
indirectly
Board Member
33.33 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
E
EGNE HJEM AS
Ordinary shares
10,000
33.33 %
G
GEIR FODSTAD AS
Ordinary shares
10,000
33.33 %
Ordinary shares
10,000
33.33 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
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

Year2024202320222021
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

Year2024202320222021
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