YOUNG EXPLORATION AS

Operating

Undersøkelse etter og produksjon av petroleum, samt forretningsvirksomhet som står i naturlig forbindelse med dette, investeringer i forskjellige næringer, inkludert men ikke begrenset til naturressurser, energi, skipsfart, eiendom, leverandører av eiendomsinvesteringstjenester, etc.

Keywords

crude oilnatural gasassemblydisassemblyinspectionrepairmaintenance (irm)insulationsurface treatmentscaffolding (iso)heatingventilationair conditioning (hvac)seabedcontrol cablesrisersflow pipesfloating tankersfpsodiving operationsunderwater exploration (rov)pipescablesengineeringproject activitiesliquefactionregasificationfirefighting

Organization

Chairman of the board: JD
Jillian Doleng Young1966
Years since formation: 9 years; since Mar 27, 2017
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 300,000; 1 share class
Total number of shareholders: 2; persons
Belongs to group of

Financials

Total operating income 2025: 20,599; NOK
Annual total result 2025: 513,504; NOK
Total equity 2025: 600,446; NOK

Last update: Mar 31, 2026

Management

Board

Name	Role	Shares
JD Jillian Doleng Young 1966	Chairman	-
LL Lars Lorenz 1979	Board Member	-

Others

Name	Role	Shares
A ACS FINANS AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
LL Lorenz Lars 1979	-	50 % directly
DY Doleng Young Jillian 1966	-	50 % directly

Last update: Nov 30, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
LL Lorenz Lars 1979	Ordinary shares	150,005	50 %
DY Doleng Young Jillian 1966	Ordinary shares	149,995	50 %

Shares owned by the YOUNG EXPLORATION AS

Name	Share class	Total number of shares	Share
G GEONAUTIKA AS	Ordinary shares	300,000	100 %
A ARGEO ASA Under liquidation	NO0013257410	5,300	< 0.01 %
V VÅR ENERGI ASA	Ordinary shares	2,000	< 0.01 %
K KLAVENESS COMBINATION CARRIERS ASA	Ordinary shares	1,300	< 0.01 %
D DEEP VALUE DRILLER AS	Ordinary shares	4,000	< 0.01 %
S STAINLESS TANKERS ASA	Ordinary shares	2,000	< 0.01 %
H HEXAGON COMPOSITES ASA	Ordinary shares	3,000	< 0.01 %
R RANA GRUBER AS	Ordinary shares	1,000	< 0.01 %
L LERØY SEAFOOD GROUP ASA	Ordinary shares	750	< 0.01 %
N NORDIC MINING ASA	Ordinary shares	2,000	< 0.01 %
N NORAM DRILLING AS	Ordinary shares	4,000	< 0.01 %
N NORSK TITANIUM AS	Ordinary shares	10,000	< 0.01 %

Last update: Sep 25, 2026

Group structure

YOUNG EXPLORATION AS
Total operating income 2024: NOK 20,599
Operating profit 2024: NOK 16,401
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	20,599	0	0
Annual Total Result	513,504	454,295	-23,564
Total assets	2,137,890	1,779,105	559,939
Total liabilities	1,537,444	1,692,163	725,408
Total equity	600,446	86,942	-165,469

P&L

Year	2024	2023	2022
Total operating income	20,599	0	0
Total operating costs	4,197	0	10,000
Operating result	16,401	0	-10,000
Financial income/costs	525,809	602,683	-13,564
Profit before tax	542,210	535,462	-23,564
Total tax & extraordinary income/cost	28,706	81,167	0
Annual Total Result	513,504	454,295	-23,564

Balance overview

Year	2024	2023	2022
Total fixed assets	18,385	18,385	168,962
Total current assets	2,119,504	1,760,719	390,977
Total assets	2,137,890	1,779,105	559,939
Short term debt	128,333	283,052	7,256
Long term debt	1,409,111	1,409,111	718,152
Total liabilities	1,537,444	1,692,163	725,408
Contributed capital	33,430	33,430	33,430
Retained earnings	567,016	53,512	-198,899
Total equity	600,446	86,942	-165,469
Total equity and liabilities	2,137,890	1,779,105	559,939

Classification

21st company classification

BETA

Small company

YOUNG EXPLORATION AS918 747 842