DESIGN&PRACTICE AS • 999157033 • Stavanger • Other professional, scientific and technical activities

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DESIGN&PRACTICE AS

Keywords

product developmentprocess developmentdesign businesstextilesclothingshoesjewellerygold goodssilver goodsfurnitureinterior itemsfashion goods

Organization

CEO: PI
Polina Ibragimova1976
Chairman of the board: AI
Alexander Ibragimov1976
Years since formation: 12 years; since Dec 5, 2012
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 2; persons
Belongs to group of

Financials

Total operating income 2023: 354,455; NOK
Annual total result 2023: 12,667,671; NOK
Total equity 2023: 13,996,551; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
PI Polina Ibragimova 1976	Managing Director/CEO	20 % directly

Board

Name	Role	Shares
AI Alexander Ibragimov 1976	Chairman	80 % directly
PI Polina Ibragimova 1976	Alternate Member	20 % directly

Others

Name	Role	Shares
S SYNEGA REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AI Alexander Ibragimov 1976	Chairman	80 % directly
PI Polina Ibragimova 1976	Managing Director/CEO, Alternate Member	20 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
AI Alexander Ibragimov 1976	Ordinary shares	800	80 %
PI Polina Ibragimova 1976	Ordinary shares	200	20 %

Shares owned by the DESIGN&PRACTICE AS

Name	Share class	Number of shares	Share
I INGINEERING AS	Ordinary shares	972,218	78.89 %
V VERTA AS	Ordinary shares	100,000	50 %
A AIRSEG AS	Ordinary shares	9,009	30.03 %

Last update: May 24, 2024

Group structure

DESIGN&PRACTICE AS
Total operating income 2023: NOK 354,455
Operating profit 2023: NOK -1,217,972
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	354,455	2,508,501	2,488,705
Annual Total Result	12,667,671	679,875	508,124
Total assets	14,145,266	1,874,423	1,736,064
Total liabilities	148,715	545,543	487,059
Total equity	13,996,551	1,328,880	1,249,005

P&L

Year	2023	2022	2021
Total operating income	354,455	2,508,501	2,488,705
Total operating costs	1,572,427	2,045,266	1,838,126
Operating result	-1,217,972	463,235	650,580
Financial income/costs	13,883,953	322,033	1,012
Profit before tax	12,665,982	785,268	651,592
Total tax & extraordinary income/cost	-1,689	105,393	143,468
Annual Total Result	12,667,671	679,875	508,124

Balance overview

Year	2023	2022	2021
Total fixed assets	198,733	1,029,650	1,035,690
Total current assets	13,946,533	844,773	700,374
Total assets	14,145,266	1,874,423	1,736,064
Short term debt	148,715	543,854	485,431
Long term debt	0	1,689	1,628
Total liabilities	148,715	545,543	487,059
Contributed capital	30,000	30,000	30,000
Retained earnings	13,966,551	1,298,880	1,219,005
Total equity	13,996,551	1,328,880	1,249,005
Total equity and liabilities	14,145,266	1,874,423	1,736,064

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

M

Main industrial area

Professional, scientific and technical activities

74

Activity

Other professional, scientific and technical activities

74.1

Main industrial group

Specialised design activities

74.10

Industrial group

Specialised design activities

74.101

Industrial group

Industrial design, product design and other technical design