DOWNSTREAM ELEKTRO AS • 919270179 • Lonevåg • Specialised construction activities

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/ Contractor activities

DOWNSTREAM ELEKTRO AS

Keywords

installationelectrical installations

Organization

CEO: AI
Arnt Ingar Rong1966
Chairman of the board: MT
Magnus Thunestvedt1952
Years since formation: 8 years; since Jul 7, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 5

Ownership

Number of shares and share classes: 300,000; 1 share class
Total number of shareholders: 3; 2 companies, 1 person

Financials

Total operating income 2023: 13,206,291; NOK
Annual total result 2023: 785,102; NOK
Total equity 2023: 3,480,482; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
AI Arnt Ingar Rong 1966	Managing Director/CEO	33.33 % directly

Board

Name	Role	Shares
MT Magnus Thunestvedt 1952	Chairman	5.7 % indirectly
AI Arnt Ingar Rong 1966	Board Member	33.33 % directly
JS Jo Solberg 1970	Board Member	2.82 % indirectly
AS Askil Solberg 1965	Board Member	2.7 % indirectly
JK Jan Konrad Olseth 1954	Board Member	-

Others

Name	Role	Shares
C COLLEGIUM REVISJON AS	Auditor	-
F FJECO REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AI Arnt Ingar Rong 1966	Managing Director/CEO, Board Member	33.33 % directly
MT Magnus Thunestvedt 1952	Chairman	5.7 % indirectly
FE Finn Erik Breistrand 1958	-	4.26 % indirectly
TS Thoralf Solberg 1969	-	3.54 % indirectly
SN Sivert Nistad 1981	-	3 % indirectly
BN Birgit Nistad 1970	-	3 % indirectly
CS Cecilie Nistad Samsonsen 1975	-	3 % indirectly
ES Eyvind Sverre Nistad 1979	-	3 % indirectly
RT Ragna Thunestvedt 1943	-	2.95 % indirectly
JS Jo Solberg 1970	Board Member	2.82 % indirectly

Last update: Dec 31, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MAGNUS M THUNESTVEDT AS	Ordinary shares	100,000	33.33 %
D DOWNSTREAM SERVICES AS	Ordinary shares	100,000	33.33 %
AI Arnt Ingar Rong 1966	Ordinary shares	100,000	33.33 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	13,206,291	12,337,622	10,374,057
Annual Total Result	785,102	1,091,931	208,038
Total assets	7,112,975	6,391,733	4,109,417
Total liabilities	3,632,494	3,246,353	1,905,968
Total equity	3,480,482	3,145,380	2,203,449

P&L

Year	2023	2022	2021
Total operating income	13,206,291	12,337,622	10,374,057
Total operating costs	12,180,866	10,950,609	10,076,779
Operating result	1,025,425	1,387,013	297,278
Financial income/costs	-645	420	-1,223
Profit before tax	1,024,781	1,387,432	296,054
Total tax & extraordinary income/cost	239,679	295,501	88,016
Annual Total Result	785,102	1,091,931	208,038

Balance overview

Year	2023	2022	2021
Total fixed assets	484,000	304,000	0
Total current assets	6,628,975	6,087,733	4,109,417
Total assets	7,112,975	6,391,733	4,109,417
Short term debt	3,632,494	3,246,353	1,905,968
Long term debt	0	0	0
Total liabilities	3,632,494	3,246,353	1,905,968
Contributed capital	300,000	300,000	300,000
Retained earnings	3,180,482	2,845,380	1,903,449
Total equity	3,480,482	3,145,380	2,203,449
Total equity and liabilities	7,112,975	6,391,733	4,109,417

Classification

Category

/ Contractor activities

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

43.2

Main industrial group

Electrical, plumbing and other construction installation activities

43.21

Industrial group

Electrical installation

43.210

Industrial group

Electrical installation