KCO AS • 919840390 • Bønes • Construction of buildings

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/ Purchase and sale

/ 41.109 Other development and sale of real estate

KCO AS

Keywords

real estatesalesdevelopment

Organization

CEO: LK
Lasse Karstad1980
Chairman of the board: RM
Robart Madsen1974
Years since formation: 8 years; since Nov 2, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 8

Ownership

Number of shares and share classes: 75; 1 share class
Total number of shareholders: 3; persons
Belongs to group of

Financials

Total operating income 2024: 19,021,120; NOK
Annual total result 2024: 1,331,480; NOK
Total equity 2024: 13,142,524; NOK

Last update: May 13, 2025

Management

Management / administration

Name	Role	Shares
LK Lasse Karstad 1980	Managing Director/CEO	33.33 % directly

Board

Name	Role	Shares
RM Robart Madsen 1974	Chairman	33.33 % directly
PS Per-Arne Skeide 1980	Board Member	33.33 % directly
LK Lasse Karstad 1980	Board Member	33.33 % directly

Others

Name	Role	Shares
I IREVISJON AS	Auditor	-
L LEIF KIELSEN REGNSKAPSKONTOR	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
RM Robart Madsen 1974	Chairman	33.33 % directly
PS Per-Arne Skeide 1980	Board Member	33.33 % directly
LK Lasse Karstad 1980	Managing Director/CEO, Board Member	33.33 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
LK Lasse Karstad 1980	Ordinary shares	25	33.33 %
PS Per-Arne Skeide 1980	Ordinary shares	25	33.33 %
RM Robart Madsen 1974	Ordinary shares	25	33.33 %

Shares owned by the KCO AS

Name	Share class	Total number of shares	Share
S STACK AS	Ordinary shares	300,000	100 %
T TRB AS	Ordinary shares	15	50 %
T TRB OSLO AS	A-shares	120	40 %
B BKA AS	Ordinary shares	35,000	33.33 %
N NORWEGIAN AIR SHUTTLE ASA	NO0010196140	370	< 0.01 %

Last update: May 24, 2024

Group structure

KCO AS
Total operating income 2024: NOK 19,021,120
Operating profit 2024: NOK 2,744,682
Employees: 8

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	19,021,120	19,986,486	20,635,852	14,571,166
Annual Total Result	1,331,480	2,576,203	2,964,656	3,181,973
Total assets	30,314,185	32,099,012	31,718,842	21,351,530
Total liabilities	17,171,661	18,487,967	20,684,002	13,281,346
Total equity	13,142,524	13,611,045	11,034,840	8,070,184

P&L

Year	2024	2023	2022	2021
Total operating income	19,021,120	19,986,486	20,635,852	14,571,166
Total operating costs	16,276,438	15,836,823	16,334,250	10,139,318
Operating result	2,744,682	4,149,663	4,301,602	4,431,848
Financial income/costs	-1,023,934	-842,108	-496,004	-332,458
Profit before tax	1,720,748	3,307,555	3,805,598	4,099,390
Total tax & extraordinary income/cost	389,268	731,352	840,942	917,417
Annual Total Result	1,331,480	2,576,203	2,964,656	3,181,973

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	23,780,599	24,533,008	24,906,295	15,265,849
Total current assets	6,533,586	7,566,004	6,812,547	6,085,681
Total assets	30,314,185	32,099,012	31,718,842	21,351,530
Short term debt	3,732,515	3,829,267	4,370,958	3,308,633
Long term debt	13,439,146	14,658,700	16,313,044	9,972,713
Total liabilities	17,171,661	18,487,967	20,684,002	13,281,346
Contributed capital	75,000	75,000	75,000	75,000
Retained earnings	13,067,524	13,536,045	10,959,840	7,995,184
Total equity	13,142,524	13,611,045	11,034,840	8,070,184
Total equity and liabilities	30,314,185	32,099,012	31,718,842	21,351,530

Classification

Category

/ 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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate