Organization
- Chairman of the board
- OT
Olli Tapani Aho1959
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 1,050
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2024
- 34,837,411
- NOK
- Annual total result 2024
- 1,621,296
- NOK
- Total equity 2024
- 15,087,357
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
OT 1959 | Chairman | - |
TI | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: May 21, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,050 | 100 % |
Shares owned by the RAPALA VMC NORWAY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 100 % | |
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 34,837,411Operating profit 2024: NOK 1,046,895Employees: 7
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 34,837,411 | 36,283,715 | 42,909,051 | 50,158,292 |
Annual Total Result | 1,621,296 | -375,766 | 1,638,107 | 1,604,462 |
Total assets | 22,311,401 | 18,964,986 | 20,672,149 | 18,671,158 |
Total liabilities | 7,224,043 | 5,498,923 | 6,830,322 | 6,467,437 |
Total equity | 15,087,357 | 13,466,062 | 13,841,827 | 12,203,721 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 34,837,411 | 36,283,715 | 42,909,051 | 50,158,292 |
Total operating costs | 33,790,516 | 36,681,683 | 41,535,044 | 47,940,193 |
Operating result | 1,046,895 | -397,968 | 1,374,007 | 2,218,099 |
Financial income/costs | 574,401 | 22,202 | 264,100 | -148,986 |
Profit before tax | 1,621,296 | -375,766 | 1,638,107 | 2,069,113 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 464,651 |
Annual Total Result | 1,621,296 | -375,766 | 1,638,107 | 1,604,462 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 140,266 | 192,019 | 233,043 | 370,177 |
Total current assets | 22,171,135 | 18,772,967 | 20,439,106 | 18,300,981 |
Total assets | 22,311,401 | 18,964,986 | 20,672,149 | 18,671,158 |
Short term debt | 7,224,043 | 5,498,923 | 5,854,409 | 5,507,437 |
Long term debt | 0 | 0 | 975,913 | 960,000 |
Total liabilities | 7,224,043 | 5,498,923 | 6,830,322 | 6,467,437 |
Contributed capital | 40,750,000 | 40,750,000 | 40,750,000 | 40,750,000 |
Retained earnings | -25,662,643 | -27,283,938 | -26,908,173 | -28,546,279 |
Total equity | 15,087,357 | 13,466,062 | 13,841,827 | 12,203,721 |
Total equity and liabilities | 22,311,400 | 18,964,986 | 20,672,149 | 18,671,158 |
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