FRONTLINE MANAGEMENT AS
Organization
- CEO
- LH
- Chairman of the board
- LH
- Years since formation
- 28 years
- since May 5, 1997
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 31
Ownership
- Number of shares and share classes
- 5,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 162,330,338
- NOK
- Annual total result 2024
- 8,367,265
- NOK
- Total equity 2024
- 92,537,537
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LH | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LH | Chairman | - |
IM | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 5,000 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 162,330,338 | 248,709,187 | 178,435,412 | 141,079,748 |
Annual Total Result | 8,367,265 | 10,764,092 | 8,465,163 | 7,149,873 |
Total assets | 265,261,551 | 251,595,467 | 161,237,388 | 88,345,774 |
Total liabilities | 172,724,014 | 167,425,195 | 87,831,206 | 23,404,757 |
Total equity | 92,537,537 | 84,170,272 | 73,406,182 | 64,941,017 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 162,330,338 | 248,709,187 | 178,435,412 | 141,079,748 |
Total operating costs | 151,790,304 | 235,241,125 | 167,715,542 | 131,934,325 |
Operating result | 10,540,035 | 13,468,062 | 10,719,870 | 9,145,424 |
Financial income/costs | 343,383 | 348,821 | 108,979 | 19,181 |
Profit before tax | 10,883,418 | 13,816,882 | 10,828,849 | 9,164,604 |
Total tax & extraordinary income/cost | 2,516,153 | 3,052,790 | 2,363,686 | 2,014,731 |
Annual Total Result | 8,367,265 | 10,764,092 | 8,465,163 | 7,149,873 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 19,847,403 | 2,470,777 | 3,466,421 | 4,432,259 |
Total current assets | 245,414,148 | 249,124,691 | 157,770,967 | 83,913,515 |
Total assets | 265,261,551 | 251,595,467 | 161,237,388 | 88,345,774 |
Short term debt | 171,666,457 | 164,845,063 | 75,798,542 | 17,277,530 |
Long term debt | 1,057,558 | 2,580,132 | 12,032,663 | 6,127,227 |
Total liabilities | 172,724,014 | 167,425,195 | 87,831,206 | 23,404,757 |
Contributed capital | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 |
Retained earnings | 90,037,537 | 81,670,272 | 70,906,182 | 62,441,017 |
Total equity | 92,537,537 | 84,170,272 | 73,406,182 | 64,941,017 |
Total equity and liabilities | 265,261,551 | 251,595,467 | 161,237,388 | 88,345,774 |
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