ARCTIC MOTOR AS
Organization
- CEO
- LR
Lasse Rendal1987
- Chairman of the board
- IH
- Years since formation
- 22 years
- since Jun 30, 2003
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 11
Ownership
- Number of shares and share classes
- 3,000
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
- Belongs to group of
Financials
- Total operating income 2024
- 36,741,704
- NOK
- Annual total result 2024
- -4,028,662
- NOK
- Total equity 2024
- 1,965,998
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LR 1987 | Managing Director/CEO | 5 % directly |
Board
| Name | Role | Shares |
|---|---|---|
IH | Chairman | 47.5 % indirectly |
TU | Board Member | 47.5 % indirectly |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TU | Board Member | 47.5 % indirectly |
IH | Chairman | 47.5 % indirectly |
LR 1987 | Managing Director/CEO | 5 % directly |
Last update: Nov 21, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,850 | 95 % | |
LR 1987 | Ordinary shares | 150 | 5 % |
Shares owned by the ARCTIC MOTOR AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -286,222Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 36,741,704 | 33,366,879 | 32,551,460 | 29,184,279 |
Annual Total Result | -4,028,662 | -1,554,518 | -62,244 | 815,930 |
Total assets | 19,272,429 | 20,204,827 | 14,074,371 | 9,939,945 |
Total liabilities | 17,306,430 | 16,853,845 | 12,325,307 | 8,128,637 |
Total equity | 1,965,998 | 3,350,982 | 1,749,064 | 1,811,308 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 36,741,704 | 33,366,879 | 32,551,460 | 29,184,279 |
Total operating costs | 38,624,195 | 34,715,205 | 32,371,330 | 28,021,696 |
Operating result | -1,882,491 | -1,348,326 | 180,130 | 1,162,583 |
Financial income/costs | -2,289,398 | -641,491 | -259,973 | -114,949 |
Profit before tax | -4,171,889 | -1,989,817 | -79,844 | 1,047,633 |
Total tax & extraordinary income/cost | -143,227 | -435,299 | -17,600 | 231,703 |
Annual Total Result | -4,028,662 | -1,554,518 | -62,244 | 815,930 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,518,592 | 2,050,228 | 1,041,307 | 1,108,316 |
Total current assets | 17,753,837 | 18,154,599 | 13,033,065 | 8,831,629 |
Total assets | 19,272,429 | 20,204,827 | 14,074,371 | 9,939,945 |
Short term debt | 12,410,484 | 10,483,634 | 7,882,793 | 5,583,070 |
Long term debt | 4,895,946 | 6,370,210 | 4,442,514 | 2,545,567 |
Total liabilities | 17,306,430 | 16,853,845 | 12,325,307 | 8,128,637 |
Contributed capital | 1,965,998 | 3,350,982 | 617,375 | 617,375 |
Retained earnings | 0 | 0 | 1,131,689 | 1,193,933 |
Total equity | 1,965,998 | 3,350,982 | 1,749,064 | 1,811,308 |
Total equity and liabilities | 19,272,429 | 20,204,827 | 14,074,371 | 9,939,945 |
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