PROGRESS TRADING AS
Organization
- CEO
- BH
Bjørn Holmsen1948
- Chairman of the board
- BH
Bjørn Holmsen1948
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Annual total result 2024
- 2,878,645
- NOK
- Total equity 2024
- 21,727,810
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
BH 1948 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
BH 1948 | Chairman | 100 % directly |
KL | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
BH 1948 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
BH 1948 | Ordinary shares | 1 | 100 % |
Shares owned by the PROGRESS TRADING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 10 | 100 % | |
| Ordinary shares | 10,000 | 11.75 % | |
| Ordinary shares | 209,173 | 2.07 % | |
| Ordinary shares | 10,000,000 | 2 % | |
| A-shares | 5,146,668 | 1.07 % | |
| Ordinary shares | 359,677 | 1.03 % | |
| A-shares | 1,833,260 | 0.87 % | |
| C-shares | 1,452,000 | 0.66 % | |
| Ordinary shares | 670,000 | 0.64 % | |
| NO0010373368 | 305 | 0.54 % | |
| Ordinary shares | 200,000 | 0.54 % | |
| NO0012727264 | 102,667 | 0.12 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -279,443Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 2,878,645 | 133,973 | 4,078,739 | 5,414,356 |
Total assets | 23,234,298 | 26,783,428 | 32,801,188 | 46,063,058 |
Total liabilities | 1,506,488 | 2,673,263 | 8,824,996 | 15,443,632 |
Total equity | 21,727,810 | 24,110,165 | 23,976,192 | 30,619,425 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 279,443 | 311,826 | 401,883 | 306,815 |
Operating result | -279,443 | -311,826 | -401,883 | -306,815 |
Financial income/costs | 3,158,089 | 445,800 | 4,480,622 | 5,721,171 |
Profit before tax | 2,878,645 | 133,973 | 4,078,739 | 5,414,356 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 2,878,645 | 133,973 | 4,078,739 | 5,414,356 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 19,747,629 | 22,867,904 | 27,915,816 | 28,178,355 |
Total current assets | 3,486,669 | 3,915,524 | 4,885,372 | 17,884,703 |
Total assets | 23,234,298 | 26,783,428 | 32,801,188 | 46,063,058 |
Short term debt | 35,164 | 1,110,354 | 3,104,629 | 14,465,261 |
Long term debt | 1,471,324 | 1,562,910 | 5,720,367 | 978,371 |
Total liabilities | 1,506,488 | 2,673,263 | 8,824,996 | 15,443,632 |
Contributed capital | 3,029,979 | 3,029,979 | 3,029,979 | 11,029,979 |
Retained earnings | 18,697,831 | 21,080,186 | 20,946,213 | 19,589,446 |
Total equity | 21,727,810 | 24,110,165 | 23,976,192 | 30,619,425 |
Total equity and liabilities | 23,234,298 | 26,783,428 | 32,801,188 | 46,063,058 |
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