ART OF NORWAY AS
Organization
- CEO
- TS
Torbjørn Sætvedt1963
- Chairman of the board
- TS
Torbjørn Sætvedt1963
- Years since formation
- 8 years
- since Aug 21, 2017
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 2,199
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -7,450
- NOK
- Total equity 2024
- -24,070
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TS 1963 | Managing Director/CEO | 70 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TS 1963 | Chairman | 70 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS 1963 | Managing Director/CEO, Chairman | 70 % indirectly |
AG | - | 30 % indirectly |
Last update: Dec 14, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,199 | 100 % |
Shares owned by the ART OF NORWAY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -31,911Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -7,450 | -14,893 | 14,990 | -20,329 |
Total assets | 6,931 | 1,381 | 274 | -92 |
Total liabilities | 31,001 | 18,001 | 1,349,825 | 1,364,449 |
Total equity | -24,070 | -16,620 | -1,349,551 | -1,364,541 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 7,450 | 7,693 | 1,200 | 20,329 |
Operating result | -7,450 | -7,693 | -1,200 | -20,329 |
Financial income/costs | 0 | -7,200 | 16,190 | 0 |
Profit before tax | -7,450 | -14,893 | 14,990 | -20,329 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -7,450 | -14,893 | 14,990 | -20,329 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 5,801 | 1 | 1 | 1 |
Total current assets | 1,130 | 1,380 | 273 | -93 |
Total assets | 6,931 | 1,381 | 274 | -92 |
Short term debt | 13,000 | 0 | 0 | 16,624 |
Long term debt | 18,001 | 18,001 | 1,349,825 | 1,347,825 |
Total liabilities | 31,001 | 18,001 | 1,349,825 | 1,364,449 |
Contributed capital | 4,369,254 | 4,369,254 | 3,021,430 | 3,021,430 |
Retained earnings | -4,393,324 | -4,385,874 | -4,370,981 | -4,385,971 |
Total equity | -24,070 | -16,620 | -1,349,551 | -1,364,541 |
Total equity and liabilities | 6,931 | 1,381 | 274 | -92 |
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