XPOLAR AS
Organization
- CEO
- MG
Morgan Grindheim1971
- Chairman of the board
- YD
Yngve Dyrøy1970
- Years since formation
- 8 years
- since Jan 4, 2017
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,300,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 810,248
- NOK
- Annual total result 2024
- -66,559
- NOK
- Total equity 2024
- 48,316
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MG 1971 | Managing Director/CEO | 50.69 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
YD 1970 | Chairman | 24.65 % indirectly |
MG 1971 | Board Member | 50.69 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MG 1971 | Managing Director/CEO, Board Member | 50.69 % indirectly |
YD 1970 | Chairman | 24.65 % indirectly |
GI | - | 24.65 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 658,978 | 50.69 % | |
| Ordinary shares | 641,022 | 49.31 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 450,000Operating profit 2024: NOK -85,962Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 810,248 | 716,580 | 340,256 | 34,500 |
Annual Total Result | -66,559 | 164,846 | -268,471 | -456,813 |
Total assets | 9,664,077 | 7,003,824 | 3,809,133 | 3,906,232 |
Total liabilities | 9,615,761 | 5,888,948 | 3,370,192 | 3,198,820 |
Total equity | 48,316 | 1,114,875 | 438,941 | 707,412 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 810,248 | 716,580 | 340,256 | 34,500 |
Total operating costs | 545,209 | 385,027 | 483,849 | 379,542 |
Operating result | 265,040 | 331,553 | -143,593 | -345,042 |
Financial income/costs | -343,562 | -298,768 | -124,879 | -111,770 |
Profit before tax | -78,522 | 32,785 | -268,471 | -456,813 |
Total tax & extraordinary income/cost | -11,963 | -132,061 | 0 | 0 |
Annual Total Result | -66,559 | 164,846 | -268,471 | -456,813 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 9,595,487 | 6,692,003 | 3,684,528 | 3,904,428 |
Total current assets | 68,590 | 311,821 | 124,605 | 1,805 |
Total assets | 9,664,077 | 7,003,824 | 3,809,133 | 3,906,232 |
Short term debt | 5,654,288 | 1,614,667 | 895,749 | 454,439 |
Long term debt | 3,961,473 | 4,274,282 | 2,474,442 | 2,744,381 |
Total liabilities | 9,615,761 | 5,888,948 | 3,370,192 | 3,198,820 |
Contributed capital | 1,286,930 | 2,286,930 | 1,292,500 | 1,292,500 |
Retained earnings | -1,238,614 | -1,172,055 | -853,559 | -585,088 |
Total equity | 48,316 | 1,114,875 | 438,941 | 707,412 |
Total equity and liabilities | 9,664,077 | 7,003,824 | 3,809,133 | 3,906,232 |
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