ÅRNES HAGASKOG AS • 931067125 • Løvenstad • Forestry and logging

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/ 02.200 Logging

ÅRNES HAGASKOG AS

Keywords

round timberwood-basedindustrymining timberfence postspostsfirewoodcharcoallogswood chips

Organization

CEO: JI
Jan Iver Russell Davis1943
Chairman of the board: JI
Jan Iver Russell Davis1943
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 48; 1 share class
Total number of shareholders: 6; 1 company, 5 persons

Financials

Total operating income 2024: 1,181,050; NOK
Annual total result 2024: 1,264,366; NOK
Total equity 2024: 134,603; NOK

Last update: Mar 26, 2025

Management

Management / administration

Name	Role	Shares
JI Jan Iver Russell Davis 1943	Managing Director/CEO	66.67 % directly

Board

Name	Role	Shares
JI Jan Iver Russell Davis 1943	Chairman	66.67 % directly
BA Bjørn Are Høgvall 1972	Board Member	4.17 % directly
HO Hans Olav Hellem 1961	Board Member	-

Others

Name	Role	Shares
V VORMA ØKONOMI OG REGNSKAP SA	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
JI Jan Iver Russell Davis 1943	Managing Director/CEO, Chairman	66.67 % directly
BH Børre Helmer Husebye 1963	-	8.33 % directly
SM Solveig M Falck-Hansen 1928	-	8.33 % directly
BA Bjørn Are Høgvall 1972	Board Member	4.17 % directly
TE Trond Erik Høgvall 1967	-	4.17 % directly

Last update: Aug 14, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
JI Jan Iver Russell Davis 1943	Ordinary shares	32	66.67 %
Å ÅRNES HAGASKOG AS	Ordinary shares	4	8.33 %
BH Børre Helmer Husebye 1963	Ordinary shares	4	8.33 %
SM Solveig M Falck-Hansen 1928	Ordinary shares	4	8.33 %
BA Bjørn Are Høgvall 1972	Ordinary shares	2	4.17 %
TE Trond Erik Høgvall 1967	Ordinary shares	2	4.17 %

Shares owned by the ÅRNES HAGASKOG AS

Name	Share class	Total number of shares	Share
A AS ÅRNES & FJUG SÆTERSKOGER	Ordinary shares	10	8.33 %
Å ÅRNES HAGASKOG AS	Ordinary shares	4	8.33 %
N NORSKE SKOGINDUSTRIER ASA	NO0004135633	168	< 0.01 %
A AKER ASA	NO0010234552	6	< 0.01 %
O ORKLA ASA	NO0003733800	4,080	< 0.01 %
S STOREBRAND ASA	NO0003053605	379	< 0.01 %
N Norsk Hydro ASA	NO0005052605	670	< 0.01 %
E EQUINOR ASA	NO0010096985	577	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	134	< 0.01 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	1,181,050	351,976	4,551
Annual Total Result	1,264,366	216,190	31,639
Total assets	1,605,023	1,589,322	1,278,378
Total liabilities	1,470,421	149,085	54,331
Total equity	134,603	1,440,237	1,224,047

P&L

Year	2024	2023	2022
Total operating income	1,181,050	351,976	4,551
Total operating costs	850,447	167,085	19,443
Operating result	330,603	184,890	-14,892
Financial income/costs	988,185	79,442	46,385
Profit before tax	1,318,788	264,333	31,493
Total tax & extraordinary income/cost	54,422	48,143	-146
Annual Total Result	1,264,366	216,190	31,639

Balance overview

Year	2024	2023	2022
Total fixed assets	81,489	175,508	105,723
Total current assets	1,523,534	1,413,814	1,172,655
Total assets	1,605,023	1,589,322	1,278,378
Short term debt	1,455,133	123,255	44,000
Long term debt	15,288	25,830	10,331
Total liabilities	1,470,421	149,085	54,331
Contributed capital	110,000	110,000	110,000
Retained earnings	24,603	1,330,237	1,114,047
Total equity	134,603	1,440,237	1,224,047
Total equity and liabilities	1,605,023	1,589,322	1,278,378

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

A

Main industrial area

Agriculture, forestry and fishing

02

Activity

Forestry and logging

02.2

Main industrial group

Logging

02.20

Industrial group

Logging

02.200

Industrial group

Logging