MODINO AS
Links
Organization
- CEO
- AH
Arne Hvidsten1970
- Chairman of the board
- OM
Ole Melhus1969
- Years since formation
- 25 years
- since Aug 7, 2000
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 97
Ownership
- Number of shares and share classes
- 143,077
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 1,962,453,694
- NOK
- Annual total result 2024
- -9,876,566
- NOK
- Total equity 2024
- 189,186,203
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AH 1970 | Managing Director/CEO | 12.47 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
OM 1969 | Chairman | 12.53 % indirectly |
ØD | Board Member | 12.47 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OM 1969 | Chairman | 12.53 % indirectly |
KM 1999 | - | 12.53 % indirectly |
MM 1998 | - | 12.53 % indirectly |
ML | - | 12.53 % indirectly |
ØD | Board Member | 12.47 % indirectly |
AE | - | 12.47 % indirectly |
PK | - | 12.47 % indirectly |
AH 1970 | Managing Director/CEO | 12.47 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 143,077 | 100 % |
Shares owned by the MODINO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % | |
| Ordinary shares | 30,000 | 100 % | |
| Ordinary shares | 1,000,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -7,713,636Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,962,453,694 | 2,274,637,799 | 2,322,972,501 | 1,965,775,447 |
Annual Total Result | -9,876,566 | 6,438,394 | 26,751,232 | 32,796,215 |
Total assets | 835,844,372 | 742,895,437 | 642,396,916 | 630,114,718 |
Total liabilities | 646,658,170 | 532,274,587 | 437,087,436 | 424,805,237 |
Total equity | 189,186,203 | 210,620,850 | 205,309,480 | 205,309,480 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,962,453,694 | 2,274,637,799 | 2,322,972,501 | 1,965,775,447 |
Total operating costs | 1,964,550,898 | 2,273,578,541 | 2,290,854,869 | 1,943,180,503 |
Operating result | -2,097,204 | 1,059,258 | 32,117,631 | 22,594,944 |
Financial income/costs | -5,375,481 | 7,201,906 | 2,180,424 | 15,220,716 |
Profit before tax | -7,472,684 | 8,261,164 | 34,298,055 | 37,815,660 |
Total tax & extraordinary income/cost | 2,403,882 | 1,822,770 | 7,546,823 | 5,019,445 |
Annual Total Result | -9,876,566 | 6,438,394 | 26,751,232 | 32,796,215 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 335,621,574 | 278,197,681 | 194,112,762 | 37,207,998 |
Total current assets | 500,222,799 | 464,697,756 | 448,284,154 | 592,906,720 |
Total assets | 835,844,372 | 742,895,437 | 642,396,916 | 630,114,718 |
Short term debt | 505,880,116 | 526,177,603 | 436,953,048 | 424,805,237 |
Long term debt | 140,778,054 | 6,096,984 | 134,388 | 0 |
Total liabilities | 646,658,170 | 532,274,587 | 437,087,436 | 424,805,237 |
Contributed capital | 14,457,700 | 14,457,700 | 14,457,700 | 14,457,700 |
Retained earnings | 174,728,503 | 196,163,150 | 190,851,780 | 190,851,780 |
Total equity | 189,186,203 | 210,620,850 | 205,309,480 | 205,309,480 |
Total equity and liabilities | 835,844,372 | 742,895,437 | 642,396,916 | 630,114,718 |
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