AD NAVIGATION AS
Portable GNSS Navigation for Ship Piloting - AD Navigation | AD Navigation
AD Navigation designs, develops, markets and support products mainly for portable navigation applications such as ship piloting (PPU technology) . For more than a decade, we have supplied innovative products within high end GNSS navigation and positioning. We are GNSS experts by heart.
Keywords
business brokerpatent brokerbrokerageantiquesjewellerycontrol of transport documentsguidancefreight ratesmeteorological measurementssafety adviceconsultancyagronomyenvironmental advicemediationbooksplaysworks of artphotographs
Organization
- CEO
- LH
- Chairman of the board
- LH
- Years since formation
- 21 years
- since Jan 11, 2003
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
Ownership
- Number of shares and share classes
- 2,100
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2023
- 39,399,600
- NOK
- Annual total result 2023
- 8,135,407
- NOK
- Total equity 2023
- 16,877,618
- NOK
Last update: Sep 12, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LH | Managing Director/CEO | 45.05 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
LH | Chairman | 45.05 % indirectly |
TB | Deputy Chair | 45.05 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TB | Deputy Chair | 45.05 % indirectly |
LH | Managing Director/CEO, Chairman | 45.05 % indirectly |
SC | - | 9.9 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,892 | 90.1 % | |
| Ordinary shares | 208 | 9.9 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -85,688Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 39,399,600 | 28,142,376 | 26,017,571 |
Annual Total Result | 8,135,407 | 2,890,841 | 4,390,004 |
Total assets | 22,988,476 | 17,416,391 | 15,080,853 |
Total liabilities | 6,110,858 | 6,674,180 | 6,329,483 |
Total equity | 16,877,618 | 10,742,211 | 8,751,370 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 39,399,600 | 28,142,376 | 26,017,571 |
Total operating costs | 29,148,585 | 24,741,324 | 19,666,610 |
Operating result | 10,251,015 | 3,401,051 | 6,350,961 |
Financial income/costs | -59,743 | 287,330 | -678,392 |
Profit before tax | 10,191,273 | 3,688,381 | 5,672,569 |
Total tax & extraordinary income/cost | 2,055,866 | 797,540 | 1,282,565 |
Annual Total Result | 8,135,407 | 2,890,841 | 4,390,004 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 25,733 | 32,303 | 14,616 |
Total current assets | 22,962,743 | 17,384,088 | 15,066,237 |
Total assets | 22,988,476 | 17,416,391 | 15,080,853 |
Short term debt | 6,110,858 | 6,174,180 | 5,229,483 |
Long term debt | 0 | 500,000 | 1,100,000 |
Total liabilities | 6,110,858 | 6,674,180 | 6,329,483 |
Contributed capital | 1,642,806 | 1,642,806 | 1,642,806 |
Retained earnings | 15,234,812 | 9,099,405 | 7,108,564 |
Total equity | 16,877,618 | 10,742,211 | 8,751,370 |
Total equity and liabilities | 22,988,476 | 17,416,391 | 15,080,853 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
74
Activity
Other professional, scientific and technical activities
74.9
Main industrial group
Other professional, scientific and technical activities n.e.c.
74.90
Industrial group
Other professional, scientific and technical activities n.e.c.
74.909
Industrial group
Other professional, scientific and technical activities n.e.c.