EUROPEAN MUD COMPANY AS • 916565747 • Stavanger • Other professional, scientific and technical activities

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EUROPEAN MUD COMPANY AS

Keywords

product developmentprocess developmentdesign businesstextilesclothingshoesjewellerygold goodssilver goodsfurnitureinterior itemsfashion goods

Organization

CEO: KR
Karl Ronny Klungtvedt1973
Chairman of the board: JK
Jan Kristian Vasshus1970
Years since formation: 8 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 2023: 13,100,332; NOK
Annual total result 2023: 2,890,380; NOK
Total equity 2023: 12,412,884; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
KR Karl Ronny Klungtvedt 1973	Managing Director/CEO	12.23 % indirectly

Board

Name	Role	Shares
JK Jan Kristian Vasshus 1970	Chairman	48.69 % indirectly
JV Jan Vasshus 1944	Alternate Member	10.43 % directly

Others

Name	Role	Shares
J JÆREN REGNSKAP AS	Accountant	-
A AAUDIT AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
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

Name	Share class	Number of shares	Share
V VASSHUS INVESTERING AS	Ordinary shares	47,614	47.53 %
R 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 %
M 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: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	13,100,332	4,138,896	2,735,656
Annual Total Result	2,890,380	-1,819,232	-338,789
Total assets	12,956,058	10,250,364	12,944,895
Total liabilities	543,173	727,860	1,603,159
Total equity	12,412,884	9,522,504	11,341,736

P&L

Year	2023	2022	2021
Total operating income	13,100,332	4,138,896	2,735,656
Total operating costs	10,286,007	5,941,072	3,007,793
Operating result	2,814,325	-1,802,176	-272,137
Financial income/costs	76,055	-17,056	-66,652
Profit before tax	2,890,380	-1,819,232	-338,789
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	2,890,380	-1,819,232	-338,789

Balance overview

Year	2023	2022	2021
Total fixed assets	4,942,014	5,514,612	6,155,796
Total current assets	8,014,044	4,735,752	6,789,100
Total assets	12,956,058	10,250,364	12,944,895
Short term debt	543,173	727,860	1,603,159
Long term debt	0	0	0
Total liabilities	543,173	727,860	1,603,159
Contributed capital	14,307,125	14,307,125	14,307,125
Retained earnings	-1,894,241	-4,784,621	-2,965,389
Total equity	12,412,884	9,522,504	11,341,736
Total equity and liabilities	12,956,058	10,250,364	12,944,895

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

M

Main industrial area

Professional, scientific and technical activities

74

Activity

Other professional, scientific and technical activities

74.1

Main industrial group

Specialised design activities

74.10

Industrial group

Specialised design activities

74.101

Industrial group

Industrial design, product design and other technical design