EXPAND AS
Organization
- Chairman of the board
- ML
Morten Lied1963
- Years since formation
- 24 years
- since Feb 27, 2001
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 1,642,106
- NOK
- Annual total result 2024
- 496,973
- NOK
- Total equity 2024
- 1,937,753
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
ML 1963 | Contact Person, Chairman | 100 % directly |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ML 1963 | Contact Person, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
ML 1963 | Ordinary shares | 100 | 100 % |
Shares owned by the EXPAND AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 46,830 | 46.83 % | |
| Ordinary shares | 28,696 | 28.7 % | |
| Ordinary shares | 12,500 | 12.5 % | |
| Ordinary shares | 11,000 | 10.41 % | |
| NO0010808108 | 50,000 | 0.09 % | |
| Ordinary shares | 6,211 | 0.06 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,642,106 | 1,565,000 | 1,690,000 | 2,190,000 |
Annual Total Result | 496,973 | 4,916,360 | 1,053,328 | 4,472,210 |
Total assets | 2,314,858 | 5,345,930 | 5,807,421 | 6,734,053 |
Total liabilities | 377,105 | 425,068 | 1,918,800 | 806,709 |
Total equity | 1,937,753 | 4,920,861 | 3,888,621 | 5,927,344 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,642,106 | 1,565,000 | 1,690,000 | 2,190,000 |
Total operating costs | 1,393,582 | 1,346,277 | 993,372 | 1,047,099 |
Operating result | 248,524 | 218,723 | 696,628 | 1,142,901 |
Financial income/costs | 241,336 | 4,748,370 | 524,042 | 3,612,670 |
Profit before tax | 489,860 | 4,967,093 | 1,220,670 | 4,755,571 |
Total tax & extraordinary income/cost | -7,113 | 50,733 | 167,342 | 283,361 |
Annual Total Result | 496,973 | 4,916,360 | 1,053,328 | 4,472,210 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,539,608 | 1,356,666 | 2,988,712 | 3,051,618 |
Total current assets | 775,250 | 3,989,264 | 2,818,709 | 3,682,435 |
Total assets | 2,314,858 | 5,345,930 | 5,807,421 | 6,734,053 |
Short term debt | 377,105 | 417,955 | 1,909,999 | 792,042 |
Long term debt | 0 | 7,113 | 8,801 | 14,667 |
Total liabilities | 377,105 | 425,068 | 1,918,800 | 806,709 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,837,753 | 4,820,861 | 3,788,621 | 5,827,344 |
Total equity | 1,937,753 | 4,920,861 | 3,888,621 | 5,927,344 |
Total equity and liabilities | 2,314,858 | 5,345,929 | 5,807,421 | 6,734,053 |
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