Organization
- CEO
- EB
- Chairman of the board
- GMGeir Myklebust1950 
- Years since formation
- 20 years
- since Mar 19, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 88,800
- NOK
- Annual total result 2024
- -80,983
- NOK
- Total equity 2024
- 438,692
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| EB | Managing Director/CEO | 50 % directly | 
Board
| Name | Role | Shares | 
|---|---|---|
| GM 1950 | Chairman | 50 % directly | 
| EB | Deputy Chair | 50 % directly | 
Others
| Name | Role | Shares | 
|---|---|---|
| Accountant | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| EB | Managing Director/CEO, Deputy Chair | 50 % directly | 
| GM 1950 | Chairman | 50 % directly | 
Last update: Apr 18, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| EB | Ordinary shares | 15 | 50 % | 
| GM 1950 | Ordinary shares | 15 | 50 % | 
Shares owned by the BALANZA GRUPPEN AS
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 600,683 | 2.72 % | |
| NO0010931900 | 520,000 | < 0.01 % | |
| NO0005052605 | 80 | < 0.01 % | |
| NO0012885252 | 1,300 | < 0.01 % | |
| NO0010096985 | 20 | < 0.01 % | |
| NO0003096208 | 105 | < 0.01 % | |
| NO0010187032 | 200 | < 0.01 % | |
| NO0010161896 | 25 | < 0.01 % | 
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 88,800 | 0 | 10,000 | 133,631 | 
| Annual Total Result | -80,983 | -181,562 | -364,897 | -254,898 | 
| Total assets | 534,448 | 679,659 | 992,978 | 1,343,679 | 
| Total liabilities | 95,757 | 89,985 | 221,741 | 207,545 | 
| Total equity | 438,692 | 589,674 | 771,237 | 1,136,133 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 88,800 | 0 | 10,000 | 133,631 | 
| Total operating costs | 152,022 | 149,251 | 333,116 | 386,014 | 
| Operating result | -63,222 | -149,251 | -323,116 | -252,383 | 
| Financial income/costs | -17,761 | -32,312 | -41,781 | -2,515 | 
| Profit before tax | -80,983 | -181,562 | -364,897 | -254,898 | 
| Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 | 
| Annual Total Result | -80,983 | -181,562 | -364,897 | -254,898 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 51,000 | 51,000 | 51,000 | 239,546 | 
| Total current assets | 483,448 | 628,659 | 941,978 | 1,104,133 | 
| Total assets | 534,448 | 679,659 | 992,978 | 1,343,679 | 
| Short term debt | 95,757 | 89,985 | 221,741 | 207,545 | 
| Long term debt | 0 | 0 | 0 | 0 | 
| Total liabilities | 95,757 | 89,985 | 221,741 | 207,545 | 
| Contributed capital | 30,000 | 100,000 | 100,000 | 100,000 | 
| Retained earnings | 408,692 | 489,674 | 671,237 | 1,036,133 | 
| Total equity | 438,692 | 589,674 | 771,237 | 1,136,133 | 
| Total equity and liabilities | 534,449 | 679,659 | 992,978 | 1,343,679 | 
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