FRONT SEA AS
Organization
- CEO
- GM
- Chairman of the board
- GM
- Years since formation
- 6 years
- since Jan 7, 2019
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Annual total result 2024
- 569,898
- NOK
- Total equity 2024
- 5,054,060
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
GM | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
GM | Chairman | 50 % directly |
HC | Board Member | 35 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
GM | Managing Director/CEO, Chairman | 50 % directly |
HC | Board Member | 35 % indirectly |
VS 1994 | - | 7.5 % indirectly |
ES 1991 | - | 7.5 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 150 | 50 % | |
GM | Ordinary shares | 150 | 50 % |
Shares owned by the FRONT SEA AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 5,000 | 50 % | |
| Ordinary shares | 500 | 33.33 % | |
| Ordinary shares | 90 | 30 % | |
| Ordinary shares | 300 | 30 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Annual Total Result | 569,898 | 239,023 | 1,045,172 |
Total assets | 5,633,922 | 5,620,773 | 5,603,779 |
Total liabilities | 579,862 | 1,136,611 | 4,178,640 |
Total equity | 5,054,060 | 4,484,162 | 1,425,140 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Total operating costs | 15,159 | 25,932 | 16,870 |
Operating result | -15,159 | -25,932 | -16,870 |
Financial income/costs | 585,057 | 264,955 | 1,062,042 |
Profit before tax | 569,898 | 239,023 | 1,045,172 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | 569,898 | 239,023 | 1,045,172 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 5,557,775 | 5,557,775 | 5,557,775 |
Total current assets | 76,147 | 62,998 | 46,004 |
Total assets | 5,633,922 | 5,620,773 | 5,603,779 |
Short term debt | 419,940 | 761,689 | 3,803,718 |
Long term debt | 159,922 | 374,922 | 374,922 |
Total liabilities | 579,862 | 1,136,611 | 4,178,640 |
Contributed capital | 2,850,000 | 2,850,000 | 30,000 |
Retained earnings | 2,204,060 | 1,634,162 | 1,395,140 |
Total equity | 5,054,060 | 4,484,162 | 1,425,140 |
Total equity and liabilities | 5,633,922 | 5,620,773 | 5,603,780 |
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