BALDER GRUPPEN AS

Organization

CEO: MN
Mads Notkevich1973
Chairman of the board: AS
Asgeir Sveen1958
Years since formation: 12 years; since Dec 16, 2013
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 163,354,103; 1 share class
Total number of shareholders: 60; 30 companies, 30 persons
Belongs to group of

Financials

Total operating income 2024: 63,446; NOK
Annual total result 2024: -4,368,687; NOK
Total equity 2024: 6,435,434; NOK

Last update: Jun 28, 2025

Management

Management / administration

Name	Role	Shares
MN Mads Notkevich 1973	Managing Director/CEO	9.03 % indirectly

Board

Name	Role	Shares
AV Anita Vildskog Notkevich 1968	Board Member	9.03 % indirectly
AS Asgeir Sveen 1958	Chairman	5.13 % directly
LE Leon Eliassen Notkevich 1978	Board Member	6.92 % indirectly
TI Tor Inge Vevatne 1978	Board Member	4.55 % indirectly
HN Helge Nilsen 1972	Board Member	14.76 % indirectly

Others

Name	Role	Shares
C CREDO REVISJON AS	Auditor	-
O OPTIMAL-ØKONOMI AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HN Helge Nilsen 1972	Board Member	14.76 % indirectly
AV Anita Vildskog Notkevich 1968	Board Member	9.03 % indirectly
MN Mads Notkevich 1973	Managing Director/CEO	9.03 % indirectly
LE Leon Eliassen Notkevich 1978	Board Member	6.92 % indirectly
BS Bjarte Skarnagel Hansen 1983	-	5.47 % indirectly
HS Håvard Skarnagel Hansen 1976	-	5.47 % indirectly
AS Asgeir Sveen 1958	Chairman	5.13 % directly
TI Tor Inge Vevatne 1978	Board Member	4.55 % indirectly
BS Bjørn Syversbråten 1964	-	2.61 % directly
CC Carina Cecilie Bruun-Lund 1985	-	2.39 % directly 0.02 % indirectly 2.37 %

Last update: Nov 4, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
E EFFECTUATION CAPITAL AS	A-shares	35,714,286	21.86 %
M MANITA GRUPPEN AS	A-shares	29,510,360	18.07 %
S SIVTEK AS	A-shares	24,112,187	14.76 %
L LEON NOTKEVICH INVEST AS	A-shares	11,000,619	6.73 %
AS Asgeir Sveen 1958	A-shares	8,382,794	5.13 %
T TOR INGE VEVATNE INVEST AS	A-shares	7,335,956	4.49 %
BS Bjørn Syversbråten 1964	A-shares	4,256,340	2.61 %
K KJERNSBEKK SVENDSEN AS	A-shares	3,950,500	2.42 %
T TALJE HOLDING AS	A-shares	3,872,850	2.37 %
C CCBL HOLDING AS	A-shares	3,869,165	2.37 %
T T BRÅTEN HOLDING AS	A-shares	3,711,650	2.27 %
E ERGONOR AS	A-shares	3,000,000	1.84 %
B BIS CONSULTING AS	A-shares	3,000,000	1.84 %
GF Gunnvor Forberg 1964	A-shares	1,700,000	1.04 %
GT Gro Tislevold 1966	A-shares	1,666,666	1.02 %
J JOHANSEN MANAGEMENT AS	A-shares	1,629,310	1 %
B BÅL AS	A-shares	1,500,000	0.92 %
AR Asbjørn Ragnar Lundgren 1950	A-shares	1,500,000	0.92 %
RK Renate Kjernsbekk Svendsen 1988	A-shares	1,307,900	0.8 %
RA Richard A O Brune-Hansen 1952	A-shares	1,000,000	0.61 %
ES Erik Spinnangr 1976	A-shares	1,000,000	0.61 %
JE Jørn Egil Fossestøl Tollefsen 1988	A-shares	892,857	0.55 %
B BRASSEN INVEST AS	A-shares	741,720	0.45 %
Æ ÆGE GROUP AS	A-shares	733,183	0.45 %
SM Svein Martin Fauske 1931	A-shares	666,667	0.41 %
FL Frank Lillegård 1978	A-shares	500,000	0.31 %
TA Tor Abel Notkevich 1965	A-shares	500,000	0.31 %
B BRYGGA FORSIKRING AS	A-shares	500,000	0.31 %
RN Roar Nielsen 1952	A-shares	500,000	0.31 %
HM Henden Marianne 1968	A-shares	500,000	0.31 %
JR Joakim Rødset 1987	A-shares	500,000	0.31 %
AF Anders Flote 1969	A-shares	333,333	0.2 %
V VALKYRIEN MANAGEMENT AS	A-shares	333,333	0.2 %
A ALUND HOLDING AS	A-shares	333,333	0.2 %
S STORMER HOLDING AS	A-shares	250,000	0.15 %
J JKS HOLDING & INVEST AS	A-shares	250,000	0.15 %
AL Arne Lindstad Jon 1970	A-shares	250,000	0.15 %
TJ Terje Johnsen 1963	A-shares	250,000	0.15 %
FB Fredrik Bonnevier Hans	A-shares	250,000	0.15 %
RH Rune Haugsvær 1980	A-shares	200,000	0.12 %
H HEMA INVEST AS	A-shares	166,667	0.1 %
W W&L RÅDGIVNING OG INVEST AS	A-shares	166,667	0.1 %
B BØRKE AS	A-shares	166,667	0.1 %
C CHRISTENSEN CC RØRSERVICE AS	A-shares	166,667	0.1 %
F FOLDMARK HOLDING AS	A-shares	166,667	0.1 %
A ASKE RØR AS	A-shares	166,667	0.1 %
H HESTDAL HOLDING AS	A-shares	166,667	0.1 %
TT Tore Tagestad 1959	A-shares	150,000	0.09 %
JD Jona Dagfinnsen 1995	A-shares	125,000	0.08 %
KL Kristian Lode Arnevik 1990	A-shares	125,000	0.08 %
S STAALE NYHUS AS	A-shares	100,000	0.06 %
PG Per Gustav Notkevich 1953	A-shares	75,120	0.05 %
CC Carina Cecilie Bruun-Lund 1985	A-shares	35,000	0.02 %
DS Dat Sharafaldin Hoang Kevin 1991	A-shares	18,780	< 0.01 %
KS Kjell Søbak 1957	A-shares	18,780	< 0.01 %
SG Sparbye Gerd	A-shares	15,024	< 0.01 %
K KJERNSBEKK AS	A-shares	9,390	< 0.01 %
Å ÅRTUN INVEST AS	A-shares	4,697	< 0.01 %
TM Tore Morten Kjernsbekk 1967	A-shares	2,817	< 0.01 %
GA Gro Anita Glende Kjernsbekk 1975	A-shares	2,817	< 0.01 %

Shares owned by the BALDER GRUPPEN AS

Name	Share class	Total number of shares	Share
F FINANSFORMIDLEREN AS	Ordinary shares	3,765,413	100 %
B BALDER FORSIKRING AS	Ordinary shares	30,000	100 %
B BALDER SIKKERHET AS	Ordinary shares	30,000	100 %

Last update: Jun 2, 2025

Group structure

BALDER GRUPPEN AS
Total operating income 2024: NOK 63,446
Operating profit 2024: NOK -3,716,265
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	63,446	154,149	261,564	300,032
Annual Total Result	-4,368,687	-465,572	-1,519,887	-5,249,577
Total assets	13,684,441	1,356	16,735	432,536
Total liabilities	7,249,007	3,426,510	4,582,903	3,478,817
Total equity	6,435,434	-3,425,154	-4,566,168	-3,046,281

P&L

Year	2024	2023	2022	2021
Total operating income	63,446	154,149	261,564	300,032
Total operating costs	3,779,711	342,423	1,613,472	5,438,947
Operating result	-3,716,265	-188,274	-1,351,908	-5,138,915
Financial income/costs	-652,422	-277,298	-167,979	-158,214
Profit before tax	-4,368,687	-465,572	-1,519,887	-5,297,129
Total tax & extraordinary income/cost	0	0	0	-47,552
Annual Total Result	-4,368,687	-465,572	-1,519,887	-5,249,577

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	7,461,735	0	0	0
Total current assets	6,222,706	1,356	16,735	432,536
Total assets	13,684,441	1,356	16,735	432,536
Short term debt	7,249,007	3,263,622	4,372,903	3,478,817
Long term debt	0	162,888	210,000	0
Total liabilities	7,249,007	3,426,510	4,582,903	3,478,817
Contributed capital	25,827,532	11,598,256	9,991,670	9,991,670
Retained earnings	-19,392,098	-15,023,410	-14,557,838	-13,037,951
Total equity	6,435,434	-3,425,154	-4,566,168	-3,046,281
Total equity and liabilities	13,684,441	1,356	16,735	432,536

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

BALDER GRUPPEN AS912 886 492

BALDER GRUPPEN AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the BALDER GRUPPEN AS

Group structure

Financials

Summary

P&L

Balance overview

Classification