FSN HOLDING NORWAY IV AS • 917470960 • Oslo

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FSN HOLDING NORWAY IV AS

Organization

CEO: MW
Morten Welo1972
Chairman of the board: FS
Frode Strand-Nielsen1955
Years since formation: 9 years; since Jul 14, 2016
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 618,240; 1 share class
Total number of shareholders: 5; companies
Belongs to group of

Financials

Annual total result 2024: 49,611; NOK
Total equity 2024: 23,154,053; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
MW Morten Welo 1972	Managing Director/CEO	-

Board

Name	Role	Shares
FS Frode Strand-Nielsen 1955	Chairman	36.43 % indirectly
MW Morten Welo 1972	Board Member	-
KN Knut Norheim Kjær 1956	Board Member	7.97 % indirectly

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
B BDO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
FS Frode Strand-Nielsen 1955	Chairman	36.43 % indirectly
EN Erik Nelson 1977	-	7.97 % indirectly
KN Knut Norheim Kjær 1956	Board Member	7.97 % indirectly
UA Ulrik Andrew Smith 1976	-	7.97 % indirectly
MK Marte Kamilla Aanerud Nielsen 1985	-	7.4 % indirectly
MB Merete Bø Strand-Nielsen 1968	-	7.4 % indirectly
MA Marius Alexander Bø Vangsnes 1995	-	1.5 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
B BLUE RIVER INVEST AS	Ordinary shares	463,796	75.02 %
L LEISTEIN AS	Ordinary shares	49,295	7.97 %
N NELSON INVEST AS	Ordinary shares	49,295	7.97 %
U US BRACO AS	Ordinary shares	49,295	7.97 %
C CAH HOLDING AS	Ordinary shares	6,559	1.06 %

Last update: Jun 2, 2025

Group structure

BLUE RIVER INVEST AS
Total operating income 2024: NOK 46,780,633
Operating profit 2024: NOK 38,468,840
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	49,611	390,857	453,851,058	33,944,721
Total assets	23,511,469	23,927,934	138,760,810	22,710,339
Total liabilities	357,416	823,492	116,047,225	9,847,811
Total equity	23,154,053	23,104,442	22,713,585	12,862,527

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	127,775	84,887	249,573	127,245
Operating result	-127,775	-84,887	-249,573	-127,245
Financial income/costs	505,809	1,293,809	570,137,294	43,856,428
Profit before tax	378,034	1,208,922	569,887,721	43,729,183
Total tax & extraordinary income/cost	328,423	818,065	116,036,663	9,784,462
Annual Total Result	49,611	390,857	453,851,058	33,944,721

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	10,909,036	10,909,036	10,909,036	10,909,036
Total current assets	12,602,433	13,018,898	127,851,774	11,801,303
Total assets	23,511,469	23,927,934	138,760,810	22,710,339
Short term debt	357,416	823,492	116,047,225	9,847,811
Long term debt	0	0	0	0
Total liabilities	357,416	823,492	116,047,225	9,847,811
Contributed capital	57,672	57,672	57,672	57,672
Retained earnings	23,096,381	23,046,770	22,655,913	12,804,855
Total equity	23,154,053	23,104,442	22,713,585	12,862,527
Total equity and liabilities	23,511,469	23,927,934	138,760,810	22,710,339

Classification

Type of organization

Limited company