PALCO AS
Organization
- CEO
- HS
Helge Stiauren1955
- Chairman of the board
- HS
Helge Stiauren1955
- Years since formation
- 5 years
- since Nov 2, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 181,380
- NOK
- Annual total result 2024
- 1,327
- NOK
- Total equity 2024
- 204,014
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HS 1955 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
HS 1955 | Chairman | - |
| Board Member | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| - | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 181,380 | 0 | 853,159 | 537,766 |
Annual Total Result | 1,327 | -221,875 | 6,440 | 204 |
Total assets | 380,124 | 310,372 | 512,638 | 157,964 |
Total liabilities | 176,109 | 212,683 | 478,075 | 129,843 |
Total equity | 204,014 | 97,688 | 34,562 | 28,121 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 181,380 | 0 | 853,159 | 537,766 |
Total operating costs | 174,137 | 217,285 | 839,813 | 537,490 |
Operating result | 7,243 | -217,285 | 13,346 | 276 |
Financial income/costs | -5,916 | -6,147 | -3,655 | -72 |
Profit before tax | 1,327 | -223,432 | 9,691 | 204 |
Total tax & extraordinary income/cost | 0 | -1,557 | 3,251 | 0 |
Annual Total Result | 1,327 | -221,875 | 6,440 | 204 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 380,124 | 310,372 | 512,638 | 157,964 |
Total assets | 380,124 | 310,372 | 512,638 | 157,964 |
Short term debt | 176,109 | 212,683 | 478,075 | 129,843 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 176,109 | 212,683 | 478,075 | 129,843 |
Contributed capital | 36,000 | 36,000 | 36,000 | 30,430 |
Retained earnings | 168,014 | 61,688 | -1,438 | -2,309 |
Total equity | 204,014 | 97,688 | 34,562 | 28,121 |
Total equity and liabilities | 380,123 | 310,371 | 512,637 | 157,964 |
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