MAGNE GITMARK & CO AS • 976625358 • Lillesand • Wholesale trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

MAGNE GITMARK & CO AS

Organization

CEO: TG
Trond Gitmark1985
Chairman of the board: TA
Thor Aage Gitmark1961
Years since formation: 28 years; since Aug 7, 1996
Type: Limited company
VAT registered: Yes
Number of employees: 38

Ownership

Number of shares and share classes: 650; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2023: 223,785,709; NOK
Annual total result 2023: -9,880,723; NOK
Total equity 2023: 29,381,313; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
TG Trond Gitmark 1985	Managing Director/CEO	-

Board

Name	Role	Shares
TA Thor Aage Gitmark 1961	Chairman	100 % directly
TG Trond Gitmark 1985	Board Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TA Thor Aage Gitmark 1961	Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
TA Thor Aage Gitmark 1961	Ordinary shares	650	100 %

Shares owned by the MAGNE GITMARK & CO AS

Name	Share class	Number of shares	Share
G GITMARK UTLEIE AS	Ordinary shares	30,000	100 %
S STOA MASKIN AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

MAGNE GITMARK & CO AS
Total operating income 2023: NOK 223,785,709
Operating profit 2023: NOK -9,697,443
Employees: 38

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	223,785,709	208,817,365	181,899,751
Annual Total Result	-9,880,723	5,257,000	6,850,280
Total assets	107,950,452	105,222,147	79,568,134
Total liabilities	78,569,138	65,960,111	45,563,099
Total equity	29,381,313	39,262,035	34,005,035

P&L

Year	2023	2022	2021
Total operating income	223,785,709	208,817,365	181,899,751
Total operating costs	233,483,152	201,554,429	170,886,438
Operating result	-9,697,443	7,262,936	11,013,313
Financial income/costs	-2,949,130	-471,689	-2,210,447
Profit before tax	-12,646,573	6,791,247	8,802,866
Total tax & extraordinary income/cost	-2,765,850	1,534,247	1,952,586
Annual Total Result	-9,880,723	5,257,000	6,850,280

Balance overview

Year	2023	2022	2021
Total fixed assets	13,635,273	15,586,481	15,671,833
Total current assets	94,315,179	89,635,666	63,896,301
Total assets	107,950,452	105,222,147	79,568,134
Short term debt	73,939,150	58,103,289	33,440,301
Long term debt	4,629,988	7,856,822	12,122,798
Total liabilities	78,569,138	65,960,111	45,563,099
Contributed capital	5,325,000	5,325,000	5,325,000
Retained earnings	24,056,313	33,937,035	28,680,035
Total equity	29,381,313	39,262,035	34,005,035
Total equity and liabilities	107,950,451	105,222,146	79,568,134

Classification

Category

Goods and trade

/ Purchase and sale

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

G

Main industrial area

Wholesale and retail trade; repair of motor vehicles and motorcycles

46

Activity

Wholesale trade, except of motor vehicles and motorcycles

46.6

Main industrial group

Wholesale of machinery, equipment and supplies

46.63

Industrial group

Wholesale of mining, construction and civil engineering machinery

46.630

Industrial group

Wholesale of mining, construction and civil engineering machinery