CITY SYD AS
Organization
- CEO
- OS
Ove Skrøvseth1960
- Chairman of the board
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- companies
Financials
- Total operating income 2024
- 24,418,106
- NOK
- Annual total result 2024
- 590,065
- NOK
- Total equity 2024
- 2,160,849
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OS 1960 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - | |
EM | Board Member | - |
RB 1968 | Board Member | - |
LK | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: May 30, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 50 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,418,106 | 25,292,894 | 21,902,975 | 20,340,176 |
Annual Total Result | 590,065 | 693,952 | 551,418 | -358,369 |
Total assets | 36,903,264 | 35,912,596 | 39,316,030 | 33,681,232 |
Total liabilities | 34,742,416 | 34,341,812 | 38,439,198 | 33,355,818 |
Total equity | 2,160,849 | 1,570,784 | 876,832 | 325,414 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,418,106 | 25,292,894 | 21,902,975 | 20,340,176 |
Total operating costs | 23,314,164 | 24,134,106 | 21,050,884 | 20,647,680 |
Operating result | 1,103,942 | 1,158,788 | 852,091 | -307,504 |
Financial income/costs | -347,449 | -269,105 | -403,987 | -83,469 |
Profit before tax | 756,493 | 889,683 | 448,104 | -390,973 |
Total tax & extraordinary income/cost | 166,428 | 195,731 | -103,314 | -32,604 |
Annual Total Result | 590,065 | 693,952 | 551,418 | -358,369 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 26,152,278 | 25,621,610 | 26,230,652 | 23,220,564 |
Total current assets | 10,750,986 | 10,290,986 | 13,085,378 | 10,460,668 |
Total assets | 36,903,264 | 35,912,596 | 39,316,030 | 33,681,232 |
Short term debt | 10,860,641 | 8,732,179 | 12,615,660 | 11,629,530 |
Long term debt | 23,881,775 | 25,609,633 | 25,823,538 | 21,726,288 |
Total liabilities | 34,742,416 | 34,341,812 | 38,439,198 | 33,355,818 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 2,060,849 | 1,470,784 | 776,832 | 225,414 |
Total equity | 2,160,849 | 1,570,784 | 876,832 | 325,414 |
Total equity and liabilities | 36,903,265 | 35,912,596 | 39,316,030 | 33,681,232 |
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