POLAR VARME AS
Organization
- CEO
- NS
Norolf Sæle1959
- Chairman of the board
- KR
Knut Roald Sæle1967
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 31,282,914
- NOK
- Annual total result 2024
- -489,860
- NOK
- Total equity 2024
- -1,113,457
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
NS 1959 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KR 1967 | Chairman | 50 % directly |
NS 1959 | Board Member | 50 % directly |
BN | Alternate Member | - |
EE | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KR 1967 | Chairman | 50 % directly |
NS 1959 | Managing Director/CEO, Board Member | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KR 1967 | Ordinary shares | 100 | 50 % |
NS 1959 | Ordinary shares | 100 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total operating income | 31,282,914 | 38,989,758 | 38,534,355 |
Annual Total Result | -489,860 | 791,049 | -1,579,727 |
Total assets | 6,792,160 | 7,212,229 | 7,103,356 |
Total liabilities | 7,905,617 | 7,835,826 | 8,243,927 |
Total equity | -1,113,457 | -623,597 | -1,140,572 |
P&L
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total operating income | 31,282,914 | 38,989,758 | 38,534,355 |
Total operating costs | 31,300,499 | 37,691,538 | 39,967,263 |
Operating result | -17,586 | 1,298,220 | -1,432,909 |
Financial income/costs | -472,274 | -507,171 | -146,819 |
Profit before tax | -489,860 | 791,049 | -1,579,727 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -489,860 | 791,049 | -1,579,727 |
Balance overview
| Year | 2024 | 2023 | 2021 |
|---|---|---|---|
Total fixed assets | 424,713 | 383,313 | 607,226 |
Total current assets | 6,367,448 | 6,828,917 | 6,496,130 |
Total assets | 6,792,160 | 7,212,229 | 7,103,356 |
Short term debt | 6,822,794 | 6,212,542 | 6,511,675 |
Long term debt | 1,082,824 | 1,623,284 | 1,732,253 |
Total liabilities | 7,905,617 | 7,835,826 | 8,243,927 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | -1,213,457 | -723,597 | -1,240,572 |
Total equity | -1,113,457 | -623,597 | -1,140,572 |
Total equity and liabilities | 6,792,160 | 7,212,229 | 7,103,356 |
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