PIITCH AS • 988725617 • Oslo • Financial service activities, except insurance and pension funding

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Banking and insurance

/ Financial fund

PIITCH AS

Keywords

placementsecurities

Organization

Chairman of the board: PN
Petter Norstrand1963
Years since formation: 19 years; since Nov 8, 2005
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 1; person

Financials

Total operating income 2023: 5,069,791; NOK
Annual total result 2023: 3,321,140; NOK
Total equity 2023: 34,917,598; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
PN Petter Norstrand 1963	Contact Person, Chairman	100 % directly
CN Charlotte Meinich Norstrand 1975	Alternate Member	-

Others

Name	Role	Shares
F FLYT REVISJON AS	Auditor	-
N NORSK REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
PN Petter Norstrand 1963	Contact Person, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
PN Petter Norstrand 1963	Ordinary shares	1,000	100 %

Shares owned by the PIITCH AS

Name	Share class	Number of shares	Share
C CI XIX AS	Ordinary shares	55,250	23.24 %
C CI IX AS	Ordinary shares	27,593	20 %
C CI XVI AS	Ordinary shares	511,267	16.67 %
C CI VIII AS	Ordinary shares	15,600	15.6 %
C CI XVII AS	Ordinary shares	306,369	13.64 %
C CI XII AS	Ordinary shares	600,000	10.48 %
C CI XIII AS	Ordinary shares	559,975	10.06 %
C CI XI AS	Ordinary shares	517,265	9.8 %
C CI XV AS	Ordinary shares	513,775	9.4 %
C CARDO PARTNERS AS	Ordinary shares	1	8.33 %
C CYTO INVEST AS	Ordinary shares	127,104	5.48 %
S SPOORTZ HOLDING AS	Ordinary shares	33,000	0.27 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	5,069,791	6,965,342	30,837,082
Annual Total Result	3,321,140	5,956,840	30,206,075
Total assets	41,167,741	43,826,331	48,288,638
Total liabilities	6,250,143	6,229,873	6,199,021
Total equity	34,917,598	37,596,458	42,089,617

P&L

Year	2023	2022	2021
Total operating income	5,069,791	6,965,342	30,837,082
Total operating costs	2,387,161	1,562,539	830,515
Operating result	2,682,630	5,402,803	30,006,566
Financial income/costs	870,030	749,286	394,484
Profit before tax	3,552,660	6,152,089	30,401,050
Total tax & extraordinary income/cost	231,520	195,249	194,975
Annual Total Result	3,321,140	5,956,840	30,206,075

Balance overview

Year	2023	2022	2021
Total fixed assets	39,223,805	40,194,592	38,732,409
Total current assets	1,943,935	3,631,739	9,556,230
Total assets	41,167,741	43,826,331	48,288,638
Short term debt	6,249,607	6,211,250	6,164,397
Long term debt	536	18,623	34,624
Total liabilities	6,250,143	6,229,873	6,199,021
Contributed capital	2,425,704	2,425,704	2,425,704
Retained earnings	32,491,894	35,170,754	39,663,913
Total equity	34,917,598	37,596,458	42,089,617
Total equity and liabilities	41,167,741	43,826,331	48,288,638

Classification

Category

Banking and insurance

/ Financial fund

Type of organization

Limited company

Standard industrial classification

K

Main industrial area

Financial and insurance activities

64

Activity

Financial service activities, except insurance and pension funding

64.3

Main industrial group

Trusts, funds and similar financial entities

64.30

Industrial group

Trusts, funds and similar financial entities

64.308

Industrial group

Captive investment companies