STADT TOWING TANK AS

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Take your project to the next levelDevelop your design ideasOptimization of hull designTank Dimensions (LWD): 185m x 8m x 4mSpecialized in high speed hull conceptsReview of hull linesCost efficientOver-night remodeling SHOW VIDEO Stadt Towing Tank AS is a hydrodynamic testing facility which conducts hydrodynamic work in support of the designers, builders and operators of ships […]

Keywords

physicalchemicalanalytical testingmaterialsproductsacoustic testingvibration testingcompositionpurityfood hygieneveterinary controlperformance testingtype approvalcertificationclassification

Organization

CEO: VL
Vegard Åstebøl Larssen1981
Chairman of the board: KC
Karl Christian Strømsem1960
Years since formation: 17 years; since Oct 1, 2007
Type: Limited company
VAT registered: Yes
Number of employees: 7

Ownership

Number of shares and share classes: 19,000,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 9,692,843; NOK
Annual total result 2023: -3,152,213; NOK
Total equity 2023: 4,245,669; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
VL Vegard Åstebøl Larssen 1981	Managing Director/CEO	25 % indirectly

Board

Name	Role	Shares
KC Karl Christian Strømsem 1960	Chairman	-
KC Ken Carlson 1973	Board Member	24.99 % indirectly
GJ Gunnar Johan Carlson 1949	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
F FJORD SERVICES AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
VL Vegard Åstebøl Larssen 1981	Managing Director/CEO	25 % indirectly
KC Ken Carlson 1973	Board Member	24.99 % indirectly
CC Christian Carlson 1982	-	24.99 % indirectly
SA Stig André Carlson 1978	-	24.99 % indirectly

Last update: Aug 28, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
B BROTHERS AS	Ordinary shares	14,250,000	75 %
O OCEANMOTION AS	Ordinary shares	4,750,000	25 %

Shares owned by the STADT TOWING TANK AS

Name	Share class	Number of shares	Share
M MÅLØY VEKST FIBER AS	Ordinary shares	1	2 %
M MÅLØY VEKST AS	Class B shares	9	1.06 %
N NORDFJORDBADET INVEST AS	Class B shares	4,250	0.75 %
K KYSTVEGEN MÅLØY- FLORØ AS	Ordinary shares	1	0.07 %

Last update: May 24, 2024

Group structure

BROTHERS AS
Total operating income 2023: NOK 431,179
Operating profit 2023: NOK -18,772,824
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	9,692,843	12,604,628	7,117,539
Annual Total Result	-3,152,213	1,227,747	-1,307,146
Total assets	16,556,252	18,284,886	17,711,582
Total liabilities	12,310,583	10,887,005	11,541,448
Total equity	4,245,669	7,397,881	6,170,134

P&L

Year	2023	2022	2021
Total operating income	9,692,843	12,604,628	7,117,539
Total operating costs	12,833,697	11,133,046	8,202,479
Operating result	-3,140,854	1,471,581	-1,084,940
Financial income/costs	-11,358	-244,093	-222,206
Profit before tax	-3,152,213	1,227,488	-1,307,146
Total tax & extraordinary income/cost	0	-259	0
Annual Total Result	-3,152,213	1,227,747	-1,307,146

Balance overview

Year	2023	2022	2021
Total fixed assets	13,384,798	14,928,653	16,267,965
Total current assets	3,171,454	3,356,234	1,443,618
Total assets	16,556,252	18,284,886	17,711,582
Short term debt	3,529,898	1,738,058	1,572,501
Long term debt	8,780,685	9,148,947	9,968,947
Total liabilities	12,310,583	10,887,005	11,541,448
Contributed capital	4,245,668	6,170,134	6,170,134
Retained earnings	0	1,227,747	0
Total equity	4,245,669	7,397,881	6,170,134
Total equity and liabilities	16,556,252	18,284,886	17,711,582

STADT TOWING TANK AS991 758 976