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EUROPEAN MUD COMPANY AS916 565 747

Limited company
Hanaveien 12B 4327 SANDNES, Norge

EUROPEAN MUD COMPANY AS

Operating
Fremstilling/salg av brønn produkter og andre produkter som naturlig faller sammen med dette, herunder å delta i andre selskaper med lignende virksomhet, kjøp og salg av aksjer, eller på annen måte gjøre seg interessert i andre foretagender
Utvikling og produksjon av nye produkter / materialer til borevæsker og hull styrkning. Konrulent tjenester rundt brønn analyse

Organization

CEO
KR

Karl Ronny Klungtvedt1973

Chairman of the board
JK

Jan Kristian Vasshus1970

Years since formation
10 years
since Jan 21, 2016
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
100,167
1 share class
Total number of shareholders
8
4 companies, 4 persons

Financials

Total operating income 2025
30,405,912
NOK
Annual total result 2025
11,359,792
NOK
Last update: Jul 25, 2026

Management

Management / administration

NameRoleShares
KR

Karl Ronny Klungtvedt

1973

Managing Director/CEO
12.23 %
indirectly

Board

NameRoleShares
JK

Jan Kristian Vasshus

1970

Chairman
48.69 %
indirectly
JV

Jan Vasshus

1944

Alternate Member
10.43 %
directly

Others

NameRoleShares
J
JÆREN REGNSKAP AS
Accountant-
A
AAUDIT AS
Auditor-

Top 10 individual shareholders

NameRoleShares
JK

Jan Kristian Vasshus

1970

Chairman
48.69 %
indirectly
KR

Karl Ronny Klungtvedt

1973

Managing Director/CEO
12.23 %
indirectly
JV

Jan Vasshus

1944

Alternate Member
10.43 %
directly
BB

Bjørn Berglind

1955

-
2.78 %
directly
TG

Tore Grelland

1967

-
1.5 %
indirectly
KJ

Knut Johan Tveit

1964

-
1.15 %
indirectly
PG

Per Gunnar Vigre

1969

-
1.15 %
indirectly
Last update: Oct 14, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
V
VASSHUS INVESTERING AS
Ordinary shares
47,614
47.53 %
RP

Royaltek Pty Ltd

Ordinary shares
14,875
14.85 %
F
FISHFINDER AS
Ordinary shares
12,246
12.23 %
JV

Jan Vasshus

1944

Ordinary shares
10,447
10.43 %
MM

Mud Man Pty Ltd

Ordinary shares
7,235
7.22 %
G
GOGLE INVEST AS
Ordinary shares
3,462
3.46 %
BB

Bjørn Berglind

1955

Ordinary shares
2,788
2.78 %
R
REDNAS HOLDING AS
Ordinary shares
1,500
1.5 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
30,405,912
19,896,871
13,100,332
4,138,896
2,735,656
Annual Total Result
11,359,792
5,352,967
2,890,380
-1,819,232
-338,789
Total assets
0
18,416,588
12,956,058
10,250,364
12,944,895
Total liabilities
0
647,539
543,173
727,860
1,603,159
Total equity
0
17,769,050
12,412,884
9,522,504
11,341,736

P&L

Year20252024202320222021
Total operating income
30,405,912
19,896,871
13,100,332
4,138,896
2,735,656
Total operating costs
17,692,076
15,391,480
10,286,007
5,941,072
3,007,793
Operating result
12,713,836
4,505,391
2,814,325
-1,802,176
-272,137
Financial income/costs
119,574
847,576
76,055
-17,056
-66,652
Profit before tax
12,833,411
5,352,967
2,890,380
-1,819,232
-338,789
Total tax & extraordinary income/cost
1,473,619
0
0
0
0
Annual Total Result
11,359,792
5,352,967
2,890,380
-1,819,232
-338,789

Balance overview

Year20252024202320222021
Total fixed assets
0
7,745,379
4,942,014
5,514,612
6,155,796
Total current assets
0
10,671,209
8,014,044
4,735,752
6,789,100
Total assets
0
18,416,588
12,956,058
10,250,364
12,944,895
Short term debt
0
647,539
543,173
727,860
1,603,159
Long term debt
0
0
0
0
0
Total liabilities
0
647,539
543,173
727,860
1,603,159
Contributed capital
0
14,307,125
14,307,125
14,307,125
14,307,125
Retained earnings
0
3,461,925
-1,894,241
-4,784,621
-2,965,389
Total equity
0
17,769,050
12,412,884
9,522,504
11,341,736
Total equity and liabilities
0
18,416,588
12,956,058
10,250,364
12,944,895

Classification

21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises