Organization
- CEO
- KL
Kristian Løvaas1978
- Chairman of the board
- JO
- Years since formation
- 16 years
- since Dec 1, 2009
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 47
Ownership
- Number of shares and share classes
- 1,200,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 115,360,862
- NOK
- Annual total result 2024
- 12,961,632
- NOK
- Total equity 2024
- 31,686,865
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KL 1978 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
JO | Chairman | - |
IL 1956 | Board Member | - |
MB | Board Member | - |
OB | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Apr 10, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 800,000 | 66.67 % | |
| Ordinary shares | 400,000 | 33.33 % |
Shares owned by the WESTPORT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 66 | 66 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 28,973,000Operating profit 2024: NOK -139,129,000Employees: 39
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 115,360,862 | 93,728,684 | 76,227,119 |
Annual Total Result | 12,961,632 | 6,920,752 | 3,067,300 |
Total assets | 64,746,415 | 52,666,920 | 53,554,023 |
Total liabilities | 33,059,550 | 25,941,688 | 30,649,542 |
Total equity | 31,686,865 | 26,725,233 | 22,904,481 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 115,360,862 | 93,728,684 | 76,227,119 |
Total operating costs | 99,481,269 | 83,851,665 | 72,682,483 |
Operating result | 15,879,593 | 9,877,019 | 3,544,636 |
Financial income/costs | 775,712 | -604,314 | 411,119 |
Profit before tax | 16,655,305 | 9,272,705 | 3,955,754 |
Total tax & extraordinary income/cost | 3,693,673 | 2,351,953 | 888,454 |
Annual Total Result | 12,961,632 | 6,920,752 | 3,067,300 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 14,559,453 | 6,113,877 | 5,675,991 |
Total current assets | 50,186,961 | 46,553,043 | 47,878,032 |
Total assets | 64,746,415 | 52,666,920 | 53,554,023 |
Short term debt | 32,858,473 | 25,834,158 | 30,578,395 |
Long term debt | 201,077 | 107,530 | 71,147 |
Total liabilities | 33,059,550 | 25,941,688 | 30,649,542 |
Contributed capital | 1,251,045 | 1,251,045 | 1,251,045 |
Retained earnings | 30,435,820 | 25,474,188 | 21,653,436 |
Total equity | 31,686,865 | 26,725,233 | 22,904,481 |
Total equity and liabilities | 64,746,415 | 52,666,920 | 53,554,023 |
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