MA LOWCO AS
Organization
- Chairman of the board
- Years since formation
- 6 years
- since Sep 2, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,028,146,953
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2023
- -186,642,647
- NOK
- Total equity 2023
- -21,202,315
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
GE | - | 5.56 % indirectly |
AA 1963 | - | 5.53 % indirectly |
EA | - | 1.56 % indirectly |
Last update: May 20, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,028,146,953 | 100 % |
Shares owned by the MA LOWCO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 7,138,290 | 100 % | |
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 15,000Operating profit 2024: NOK -21,908,467Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Annual Total Result | -186,642,647 | -96,483,804 | -2,729,521 |
Total assets | 76,123,427 | 262,750,834 | 359,211,368 |
Total liabilities | 97,325,742 | 97,310,502 | 97,287,232 |
Total equity | -21,202,315 | 165,440,332 | 261,924,136 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Total operating costs | 15,237 | 23,270 | 38,297 |
Operating result | -15,237 | -23,270 | -38,297 |
Financial income/costs | -186,627,410 | -96,460,534 | -2,691,224 |
Profit before tax | -186,642,647 | -96,483,804 | -2,729,521 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -186,642,647 | -96,483,804 | -2,729,521 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 63,402,593 | 250,030,000 | 346,490,534 |
Total current assets | 12,720,834 | 12,720,834 | 12,720,834 |
Total assets | 76,123,427 | 262,750,834 | 359,211,368 |
Short term debt | 131,317 | 116,077 | 92,807 |
Long term debt | 97,194,425 | 97,194,425 | 97,194,425 |
Total liabilities | 97,325,742 | 97,310,502 | 97,287,232 |
Contributed capital | 289,224,622 | 289,224,622 | 289,224,622 |
Retained earnings | -310,426,937 | -123,784,290 | -27,300,486 |
Total equity | -21,202,315 | 165,440,332 | 261,924,136 |
Total equity and liabilities | 76,123,427 | 262,750,834 | 359,211,368 |
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