BALSWICK AS
Organization
- CEO
- TBTrond Balswick1970 
- Chairman of the board
- MH
- Years since formation
- 17 years
- since Feb 16, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 4
- persons
Financials
- Total operating income 2024
- 2,657,373
- NOK
- Annual total result 2024
- -60,536
- NOK
- Total equity 2024
- 1,098,016
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| TB 1970 | Managing Director/CEO | 50 % directly | 
Board
| Name | Role | Shares | 
|---|---|---|
| MH | Chairman | 10 % directly | 
| TB 1970 | Deputy Chair | 50 % directly | 
| MH | Board Member | 20 % directly | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| TB 1970 | Managing Director/CEO, Deputy Chair | 50 % directly | 
| MH | Board Member | 20 % directly | 
| TH | - | 20 % directly | 
| MH | Chairman | 10 % directly | 
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| TB 1970 | Ordinary shares | 100 | 50 % | 
| MH | Ordinary shares | 40 | 20 % | 
| TH | Ordinary shares | 40 | 20 % | 
| MH | Ordinary shares | 20 | 10 % | 
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 2,657,373 | 2,168,373 | 1,541,196 | 
| Annual Total Result | -60,536 | 98,781 | 6,334 | 
| Total assets | 2,194,001 | 1,894,137 | 2,287,449 | 
| Total liabilities | 1,095,986 | 735,585 | 1,227,679 | 
| Total equity | 1,098,016 | 1,158,552 | 1,059,770 | 
P&L
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total operating income | 2,657,373 | 2,168,373 | 1,541,196 | 
| Total operating costs | 2,710,012 | 2,021,842 | 1,505,064 | 
| Operating result | -52,639 | 146,531 | 36,132 | 
| Financial income/costs | -14,834 | -43,677 | -1,010 | 
| Profit before tax | -67,473 | 102,854 | 35,122 | 
| Total tax & extraordinary income/cost | -6,937 | 4,073 | 28,788 | 
| Annual Total Result | -60,536 | 98,781 | 6,334 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Total fixed assets | 2,006,782 | 1,500,350 | 1,808,616 | 
| Total current assets | 187,219 | 393,787 | 478,833 | 
| Total assets | 2,194,001 | 1,894,137 | 2,287,449 | 
| Short term debt | 284,740 | 163,254 | 164,421 | 
| Long term debt | 811,246 | 572,331 | 1,063,258 | 
| Total liabilities | 1,095,986 | 735,585 | 1,227,679 | 
| Contributed capital | 200,000 | 200,000 | 200,000 | 
| Retained earnings | 898,016 | 958,552 | 859,770 | 
| Total equity | 1,098,016 | 1,158,552 | 1,059,770 | 
| Total equity and liabilities | 2,194,002 | 1,894,137 | 2,287,449 | 
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