Organization
- CEO
- ME
Marius Engelstad1981
- Chairman of the board
- ME
Marius Engelstad1981
- Years since formation
- 12 years
- since May 7, 2013
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 8
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 8,728,718
- NOK
- Annual total result 2024
- 306,073
- NOK
- Total equity 2024
- 1,414,633
- NOK
Last update: Jun 11, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ME 1981 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
ME 1981 | Chairman | 100 % directly |
TE 1959 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - | |
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ME 1981 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 26, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
ME 1981 | Ordinary shares | 30 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 8,728,718 | 7,193,738 | 6,185,946 |
Annual Total Result | 306,073 | 334,682 | 481,320 |
Total assets | 2,709,996 | 1,951,624 | 1,447,403 |
Total liabilities | 1,295,362 | 843,063 | 673,525 |
Total equity | 1,414,633 | 1,108,561 | 773,878 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 8,728,718 | 7,193,738 | 6,185,946 |
Total operating costs | 8,334,062 | 6,715,124 | 5,705,130 |
Operating result | 394,656 | 478,614 | 480,816 |
Financial income/costs | -678 | 2,367 | 505 |
Profit before tax | 393,979 | 480,981 | 481,320 |
Total tax & extraordinary income/cost | 87,906 | 146,299 | 0 |
Annual Total Result | 306,073 | 334,682 | 481,320 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 58,696 | 64,335 | 91,181 |
Total current assets | 2,651,300 | 1,887,289 | 1,356,222 |
Total assets | 2,709,996 | 1,951,624 | 1,447,403 |
Short term debt | 1,292,381 | 841,978 | 673,525 |
Long term debt | 2,981 | 1,085 | 0 |
Total liabilities | 1,295,362 | 843,063 | 673,525 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | 1,384,633 | 1,078,561 | 743,878 |
Total equity | 1,414,633 | 1,108,561 | 773,878 |
Total equity and liabilities | 2,709,996 | 1,951,624 | 1,447,403 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.3
Main industrial group
Building completion and finishing
43.34
Industrial group
Painting and glazing
43.341
Industrial group
Painting