ULSTEINVIK UTVIKLING AS
Organization
- Chairman of the board
- MU
Morten Ulstein1953
- Years since formation
- 20 years
- since Apr 5, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 28,476
- 1 share class
- Total number of shareholders
- 17
- companies
Financials
- Total operating income 2024
- 5,650,894
- NOK
- Annual total result 2024
- -46,951
- NOK
- Total equity 2024
- 16,495,603
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
MU 1953 | Chairman | 6.42 % indirectly |
EM | Board Member | - |
SU 1958 | Board Member | 2.25 % indirectly |
KK 1967 | Board Member | 2.88 % indirectly |
JR | Board Member | 11.09 % indirectly |
OH | Board Member | - |
GH 1985 | Contact Person | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
JR | Board Member | 11.09 % indirectly |
MU 1953 | Chairman | 6.42 % indirectly |
HU 1959 | - | 6.42 % indirectly |
SI | - | 6.42 % indirectly |
| - | 6.42 % indirectly | |
HU 1956 | - | 6.42 % indirectly |
AK | - | 3.88 % indirectly |
| - | 3.85 % indirectly | |
KK 1967 | Board Member | 2.88 % indirectly |
DU | - | 2.64 % indirectly |
Last update: Oct 23, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 9,140 | 32.1 % | |
| Ordinary shares | 3,158 | 11.09 % | |
| Ordinary shares | 3,158 | 11.09 % | |
| Ordinary shares | 3,158 | 11.09 % | |
| Ordinary shares | 1,697 | 5.96 % | |
| Ordinary shares | 1,496 | 5.25 % | |
| Ordinary shares | 1,123 | 3.94 % | |
| Ordinary shares | 1,113 | 3.91 % | |
| Ordinary shares | 1,032 | 3.62 % | |
| Ordinary shares | 792 | 2.78 % | |
| Ordinary shares | 494 | 1.73 % | |
| Ordinary shares | 439 | 1.54 % | |
| Ordinary shares | 439 | 1.54 % | |
| Ordinary shares | 439 | 1.54 % | |
| Ordinary shares | 300 | 1.05 % | |
| Ordinary shares | 300 | 1.05 % | |
| Ordinary shares | 198 | 0.7 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,650,894 | 8,558,124 | 4,785,973 | 26,154,709 |
Annual Total Result | -46,951 | -2,056,059 | -30,288,278 | -6,958,489 |
Total assets | 60,235,948 | 56,781,344 | 57,534,546 | 87,626,893 |
Total liabilities | 43,740,345 | 68,714,790 | 67,411,934 | 67,216,003 |
Total equity | 16,495,603 | -11,933,446 | -9,877,387 | 20,410,891 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,650,894 | 8,558,124 | 4,785,973 | 26,154,709 |
Total operating costs | 3,250,850 | 6,735,006 | 32,441,086 | 31,083,044 |
Operating result | 2,400,044 | 1,823,118 | -27,655,113 | -4,928,335 |
Financial income/costs | -2,446,995 | -3,879,176 | -2,633,165 | -2,030,154 |
Profit before tax | -46,951 | -2,056,059 | -30,288,278 | -6,958,489 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -46,951 | -2,056,059 | -30,288,278 | -6,958,489 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 47,992,554 | 49,580,632 | 49,660,849 | 79,982,351 |
Total current assets | 12,243,394 | 7,200,712 | 7,873,697 | 7,644,542 |
Total assets | 60,235,948 | 56,781,344 | 57,534,546 | 87,626,893 |
Short term debt | 1,425,455 | 6,538,840 | 59,874,822 | 1,722,672 |
Long term debt | 42,314,890 | 62,175,950 | 7,537,112 | 65,493,331 |
Total liabilities | 43,740,345 | 68,714,790 | 67,411,934 | 67,216,003 |
Contributed capital | 16,495,603 | 50,481,000 | 50,481,000 | 50,481,000 |
Retained earnings | 0 | -62,414,446 | -60,358,387 | -30,070,110 |
Total equity | 16,495,603 | -11,933,446 | -9,877,387 | 20,410,891 |
Total equity and liabilities | 60,235,948 | 56,781,344 | 57,534,546 | 87,626,893 |
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