VESTAD HANDELSPARK AS
Organization
- CEO
- KE
Knut Erik Hivand1968
- Chairman of the board
- TH
Tore Halvorsen1969
- Years since formation
- 5 years
- since Mar 10, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 2
- companies
Financials
- Total operating income 2024
- 2,107,180
- NOK
- Annual total result 2024
- 46,520
- NOK
- Total equity 2024
- 310,350
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KE 1968 | Managing Director/CEO | 25 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
KE 1968 | Board Member | 25 % indirectly |
CN 1963 | Board Member | 50 % indirectly |
TH 1969 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
CN 1963 | Board Member | 50 % indirectly |
AH 1969 | - | 25 % indirectly |
KE 1968 | Managing Director/CEO, Board Member | 25 % indirectly |
Last update: Aug 18, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15 | 50 % | |
| Ordinary shares | 15 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 2,107,180 | 1,998,354 | 945,331 | 2,158,495 |
Annual Total Result | 46,520 | 74,901 | -319,556 | 964,564 |
Total assets | 11,218,760 | 11,442,963 | 12,145,118 | 11,730,736 |
Total liabilities | 10,908,410 | 11,179,132 | 11,956,189 | 11,222,250 |
Total equity | 310,350 | 263,831 | 188,930 | 508,486 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 2,107,180 | 1,998,354 | 945,331 | 2,158,495 |
Total operating costs | 1,148,891 | 1,110,087 | 791,076 | 909,604 |
Operating result | 958,289 | 888,267 | 154,255 | 1,248,891 |
Financial income/costs | -898,649 | -792,241 | -563,941 | -12,271 |
Profit before tax | 59,641 | 96,026 | -409,686 | 1,236,619 |
Total tax & extraordinary income/cost | 13,121 | 21,125 | -90,130 | 272,055 |
Annual Total Result | 46,520 | 74,901 | -319,556 | 964,564 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 10,755,591 | 11,156,291 | 11,082,516 | 10,011,640 |
Total current assets | 463,169 | 286,672 | 1,062,603 | 1,719,096 |
Total assets | 11,218,760 | 11,442,963 | 12,145,118 | 11,730,736 |
Short term debt | 829,337 | 1,110,517 | 1,911,362 | 1,087,293 |
Long term debt | 10,079,073 | 10,068,615 | 10,044,827 | 10,134,957 |
Total liabilities | 10,908,410 | 11,179,132 | 11,956,189 | 11,222,250 |
Contributed capital | 396,105 | 396,105 | 321,204 | 321,204 |
Retained earnings | -85,754 | -132,274 | -132,274 | 187,282 |
Total equity | 310,350 | 263,831 | 188,930 | 508,486 |
Total equity and liabilities | 11,218,760 | 11,442,963 | 12,145,118 | 11,730,736 |
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