PROGRES AS
Organization
- CEO
- MS
Magne Staalstrøm1951
- Chairman of the board
- MS
Magne Staalstrøm1951
- Years since formation
- 5 years
- since Apr 14, 2020
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- -17,960
- NOK
- Total equity 2024
- 52,963
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MS 1951 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MS 1951 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MS 1951 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Jul 1, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MS 1951 | Ordinary shares | 30 | 100 % |
Shares owned by the PROGRES AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 6,000 | 20 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 40,554 | 63,463 | 0 |
Annual Total Result | -17,960 | 18,394 | 40,251 | -11,933 |
Total assets | 319,318 | 290,019 | 313,375 | 399,915 |
Total liabilities | 266,355 | 219,096 | 260,846 | 387,637 |
Total equity | 52,963 | 70,923 | 52,529 | 12,278 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 40,554 | 63,463 | 0 |
Total operating costs | 17,984 | 16,874 | 16,857 | 11,933 |
Operating result | -17,984 | 23,680 | 46,605 | -11,933 |
Financial income/costs | 24 | -76 | 0 | 0 |
Profit before tax | -17,960 | 23,604 | 46,605 | -11,933 |
Total tax & extraordinary income/cost | 0 | 5,210 | 6,354 | 0 |
Annual Total Result | -17,960 | 18,394 | 40,251 | -11,933 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 10,989 | 10,989 | 10,989 | 10,989 |
Total current assets | 308,329 | 279,030 | 302,386 | 388,926 |
Total assets | 319,318 | 290,019 | 313,375 | 399,915 |
Short term debt | 266,355 | 219,096 | 260,846 | 387,637 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 266,355 | 219,096 | 260,846 | 387,637 |
Contributed capital | 24,430 | 24,430 | 24,430 | 24,430 |
Retained earnings | 28,533 | 46,493 | 28,099 | -12,152 |
Total equity | 52,963 | 70,923 | 52,529 | 12,278 |
Total equity and liabilities | 319,318 | 290,019 | 313,375 | 399,915 |
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