CUTBEND AS
Keywords
drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing
Organization
- CEO
- SF
- Chairman of the board
- HO
Helge Olsen1976
- Years since formation
- 6 years
- since Mar 14, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 6
Ownership
- Number of shares and share classes
- 26,490
- 1 share class
- Total number of shareholders
- 2
- companies
Financials
- Total operating income 2024
- 28,330,566
- NOK
- Annual total result 2024
- 4,643,936
- NOK
- Total equity 2024
- 8,282,798
- NOK
Last update: May 28, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SF | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
HO 1976 | Chairman | 25 % indirectly |
SF | Board Member | 50 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SF | Managing Director/CEO, Board Member | 50 % indirectly |
HO 1976 | Chairman | 25 % indirectly |
AI 1964 | - | 21.25 % indirectly |
SI | - | 3.75 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 13,245 | 50 % | |
| Ordinary shares | 13,245 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 28,330,566 | 24,594,670 | 18,807,027 | 13,997,452 |
Annual Total Result | 4,643,936 | 3,940,658 | 3,530,991 | 321,043 |
Total assets | 11,636,708 | 12,885,741 | 12,542,404 | 9,579,663 |
Total liabilities | 3,353,911 | 3,017,127 | 6,614,448 | 5,682,698 |
Total equity | 8,282,798 | 9,868,614 | 5,927,956 | 3,896,965 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 28,330,566 | 24,594,670 | 18,807,027 | 13,997,452 |
Total operating costs | 22,631,755 | 19,528,690 | 14,146,981 | 13,438,252 |
Operating result | 5,698,811 | 5,065,980 | 4,660,046 | 559,200 |
Financial income/costs | 201,494 | 1,468 | -130,956 | -143,689 |
Profit before tax | 5,900,305 | 5,067,448 | 4,529,090 | 415,511 |
Total tax & extraordinary income/cost | 1,256,369 | 1,126,790 | 998,099 | 94,468 |
Annual Total Result | 4,643,936 | 3,940,658 | 3,530,991 | 321,043 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 3,055,283 | 3,759,277 | 2,249,881 | 2,770,887 |
Total current assets | 8,581,426 | 9,126,465 | 10,292,522 | 6,808,776 |
Total assets | 11,636,708 | 12,885,741 | 12,542,404 | 9,579,663 |
Short term debt | 3,306,413 | 2,919,004 | 4,757,134 | 1,803,091 |
Long term debt | 47,498 | 98,123 | 1,857,314 | 3,879,607 |
Total liabilities | 3,353,911 | 3,017,127 | 6,614,448 | 5,682,698 |
Contributed capital | 2,994,430 | 2,994,430 | 2,994,430 | 2,994,430 |
Retained earnings | 5,288,368 | 6,874,184 | 2,933,526 | 902,535 |
Total equity | 8,282,798 | 9,868,614 | 5,927,956 | 3,896,965 |
Total equity and liabilities | 11,636,708 | 12,885,741 | 12,542,404 | 9,579,663 |
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
C
Main industrial area
Manufacturing
25
Activity
Manufacture of fabricated metal products, except machinery and equipment
25.6
Main industrial group
Treatment and coating of metals; machining
25.62
Industrial group
Machining
25.620
Industrial group
Machining