Organization
- CEO
- TH
Terje Helgeland1959
- Chairman of the board
- OR
- Years since formation
- 23 years
- since Aug 1, 2002
- 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
Financials
- Total operating income 2024
- 678,000
- NOK
- Annual total result 2024
- 237,884
- NOK
- Total equity 2024
- 108,653
- NOK
Last update: Jun 30, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TH 1959 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
OR | Chairman | - |
TH 1959 | Deputy Chair | 50 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TH 1959 | Managing Director/CEO, Deputy Chair | 50 % directly |
AV | - | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AV | Ordinary shares | 500 | 50 % |
TH 1959 | Ordinary shares | 500 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 678,000 | 662,500 | 807,478 | 824,625 |
Annual Total Result | 237,884 | -121,546 | -110,553 | -140,222 |
Total assets | 315,427 | 173,244 | 601,341 | 617,928 |
Total liabilities | 206,773 | 324,010 | 630,563 | 600,536 |
Total equity | 108,653 | -150,766 | -29,220 | 17,393 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 678,000 | 662,500 | 807,478 | 824,625 |
Total operating costs | 415,450 | 783,995 | 918,010 | 933,470 |
Operating result | 262,550 | -121,495 | -110,532 | -108,845 |
Financial income/costs | 122 | -50 | -21 | -84 |
Profit before tax | 262,672 | -121,546 | -110,553 | -108,929 |
Total tax & extraordinary income/cost | 24,788 | 0 | 0 | 31,293 |
Annual Total Result | 237,884 | -121,546 | -110,553 | -140,222 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 104,281 | 80,543 | 369,291 | 417,817 |
Total current assets | 211,145 | 92,701 | 232,050 | 200,111 |
Total assets | 315,427 | 173,244 | 601,341 | 617,928 |
Short term debt | 158,968 | 182,334 | 398,027 | 436,150 |
Long term debt | 47,805 | 141,676 | 232,536 | 164,386 |
Total liabilities | 206,773 | 324,010 | 630,563 | 600,536 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 8,653 | -250,766 | -129,220 | -82,607 |
Total equity | 108,653 | -150,766 | -29,220 | 17,393 |
Total equity and liabilities | 315,427 | 173,244 | 601,343 | 617,929 |
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.3
Main industrial group
Building completion and finishing
43.34
Industrial group
Painting and glazing
43.341
Industrial group
Painting