OLAV SOLVANG AS
Keywords
preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work
Organization
- CEO
- OS
Olav Solvang1953
- Chairman of the board
- OS
Olav Solvang1953
- Years since formation
- 29 years
- since Jun 6, 1996
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 50
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 1,508,611
- NOK
- Annual total result 2024
- 406,837
- NOK
- Total equity 2024
- 1,548,344
- NOK
Last update: Jul 22, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OS 1953 | Managing Director/CEO | 80 % directly |
Board
| Name | Role | Shares |
|---|---|---|
OS 1953 | Chairman | 80 % directly |
TS | Alternate Member | 20 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OS 1953 | Managing Director/CEO, Chairman | 80 % directly |
TS | Alternate Member | 20 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
OS 1953 | Ordinary shares | 40 | 80 % |
TS | Ordinary shares | 10 | 20 % |
Shares owned by the OLAV SOLVANG AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,508,611 | 2,085,107 | 4,494,432 | 7,881,889 |
Annual Total Result | 406,837 | -557,212 | -776,824 | 134,052 |
Total assets | 1,646,069 | 2,049,940 | 3,086,501 | 4,228,282 |
Total liabilities | 97,725 | 308,433 | 787,781 | 952,738 |
Total equity | 1,548,344 | 1,741,507 | 2,298,720 | 3,275,544 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,508,611 | 2,085,107 | 4,494,432 | 7,881,889 |
Total operating costs | 971,890 | 2,782,145 | 5,473,856 | 7,690,742 |
Operating result | 536,721 | -697,038 | -979,424 | 191,147 |
Financial income/costs | -15,135 | -17,338 | -16,131 | -15,516 |
Profit before tax | 521,586 | -714,376 | -995,555 | 175,631 |
Total tax & extraordinary income/cost | 114,749 | -157,164 | -218,731 | 41,579 |
Annual Total Result | 406,837 | -557,212 | -776,824 | 134,052 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 651,107 | 1,108,991 | 704,551 | 544,017 |
Total current assets | 994,962 | 940,949 | 2,381,950 | 3,684,265 |
Total assets | 1,646,069 | 2,049,940 | 3,086,501 | 4,228,282 |
Short term debt | 97,725 | 308,433 | 787,781 | 952,738 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 97,725 | 308,433 | 787,781 | 952,738 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,448,344 | 1,641,507 | 2,198,720 | 3,175,544 |
Total equity | 1,548,344 | 1,741,507 | 2,298,720 | 3,275,544 |
Total equity and liabilities | 1,646,069 | 2,049,940 | 3,086,501 | 4,228,282 |
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
43.1
Main industrial group
Demolition and site preparation
43.12
Industrial group
Site preparation
43.120
Industrial group
Site preparation