FIFTH GENERATION AS
Organization
- CEO
- Chairman of the board
- Years since formation
- 4 years
- since Jan 5, 2021
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 616,950
- NOK
- Annual total result 2024
- -228,781
- NOK
- Total equity 2024
- 3,909,694
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | 100 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | 100 % indirectly | |
TF | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO, Chairman | 100 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -39,885Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 616,950 | 771,143 | 666,334 | 578,770 |
Annual Total Result | -228,781 | 41,308 | -26,291 | 10,585 |
Total assets | 8,538,028 | 9,820,017 | 8,921,967 | 8,984,921 |
Total liabilities | 4,628,334 | 5,681,542 | 4,824,800 | 4,861,463 |
Total equity | 3,909,694 | 4,138,475 | 4,097,167 | 4,123,458 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 616,950 | 771,143 | 666,334 | 578,770 |
Total operating costs | 515,428 | 441,619 | 489,158 | 446,187 |
Operating result | 101,522 | 329,524 | 177,176 | 132,583 |
Financial income/costs | -332,700 | -285,819 | -203,466 | -121,998 |
Profit before tax | -231,178 | 43,704 | -26,291 | 10,585 |
Total tax & extraordinary income/cost | -2,397 | 2,396 | 0 | 0 |
Annual Total Result | -228,781 | 41,308 | -26,291 | 10,585 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 8,329,683 | 9,679,624 | 8,668,791 | 8,843,553 |
Total current assets | 208,345 | 140,393 | 253,176 | 141,368 |
Total assets | 8,538,028 | 9,820,017 | 8,921,967 | 8,984,921 |
Short term debt | 65,827 | 43,396 | 116,462 | 28,127 |
Long term debt | 4,562,507 | 5,638,146 | 4,708,338 | 4,833,336 |
Total liabilities | 4,628,334 | 5,681,542 | 4,824,800 | 4,861,463 |
Contributed capital | 4,124,942 | 4,124,942 | 4,124,942 | 4,124,942 |
Retained earnings | -215,248 | 13,533 | -27,775 | -1,484 |
Total equity | 3,909,694 | 4,138,475 | 4,097,167 | 4,123,458 |
Total equity and liabilities | 8,538,028 | 9,820,017 | 8,921,967 | 8,984,921 |
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