NORAND AS
Organization
- CEO
- JW
Joar Welde1972
- Chairman of the board
- JW
Joar Welde1972
- Years since formation
- 19 years
- since May 29, 2006
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- 485,640
- NOK
- Total equity 2024
- 13,640,763
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JW 1972 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
JW 1972 | Chairman | 100 % directly |
TH | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JW 1972 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
JW 1972 | Ordinary shares | 100 | 100 % |
Shares owned by the NORAND AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 164,375 | 22.67 % | |
| Ordinary shares | 60 | 20 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 485,640 | 868,478 | 38,461,485 | 16,198,930 |
Total assets | 13,794,462 | 25,823,406 | 25,136,916 | 16,450,548 |
Total liabilities | 153,699 | 168,283 | 350,271 | 125,389 |
Total equity | 13,640,763 | 25,655,123 | 24,786,645 | 16,325,160 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 416,710 | 41,367 | 350,858 | 28,067 |
Operating result | -416,710 | -41,367 | -350,858 | -28,067 |
Financial income/costs | 1,052,924 | 1,075,038 | 39,137,775 | 16,345,907 |
Profit before tax | 636,214 | 1,033,671 | 38,786,916 | 16,317,840 |
Total tax & extraordinary income/cost | 150,574 | 165,193 | 325,431 | 118,910 |
Annual Total Result | 485,640 | 868,478 | 38,461,485 | 16,198,930 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 3,262,185 | 3,306,377 | 3,318,043 | 3,136,243 |
Total current assets | 10,532,276 | 22,517,028 | 21,818,873 | 13,314,305 |
Total assets | 13,794,462 | 25,823,406 | 25,136,916 | 16,450,548 |
Short term debt | 153,699 | 168,283 | 350,271 | 125,389 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 153,699 | 168,283 | 350,271 | 125,389 |
Contributed capital | 117,295 | 117,295 | 117,295 | 117,295 |
Retained earnings | 13,523,468 | 25,537,828 | 24,669,350 | 16,207,865 |
Total equity | 13,640,763 | 25,655,123 | 24,786,645 | 16,325,160 |
Total equity and liabilities | 13,794,462 | 25,823,406 | 25,136,916 | 16,450,548 |
Classification
Type of organization
Limited company