LOTOS EXPLORATION AND PRODUCTION NORGE AS
Keywords
extractioncrude oilbituminousoilyshaletar sandsproductiondecantationdesalinationdrying stabilization
Links
Organization
- Chairman of the board
- PA
- Years since formation
- 18 years
- since Sep 22, 2007
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 4,431,890,001
- 2 share classes
- Total number of shareholders
- 2
- persons
Financials
- Annual total result 2023
- 492,623,975
- NOK
- Total equity 2023
- 5,277,630,628
- NOK
Last update: Jan 1, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
PA | Chairman, Contact Person | - |
| Board Member | - | |
AT | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Feb 6, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Class B shares | 4,431,890,000 | 100 % | |
| A-shares | 1 | < 0.01 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 5,612,228,135 | 3,063,251,057 |
Annual Total Result | 492,623,975 | 789,130,798 | 557,524,652 |
Total assets | 5,367,633,276 | 9,663,187,636 | 6,904,339,641 |
Total liabilities | 90,002,648 | 6,695,851,999 | 4,726,134,806 |
Total equity | 5,277,630,628 | 2,967,335,635 | 2,178,204,834 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 5,612,228,135 | 3,063,251,057 |
Total operating costs | 8,606,518 | 2,312,174,270 | 1,088,640,281 |
Operating result | -8,606,518 | 3,300,053,865 | 1,974,610,776 |
Financial income/costs | 394,851,356 | -48,528,730 | -154,091,651 |
Profit before tax | 386,244,838 | 3,251,525,135 | 1,820,519,125 |
Total tax & extraordinary income/cost | -106,379,137 | 2,462,394,337 | 1,262,994,473 |
Annual Total Result | 492,623,975 | 789,130,798 | 557,524,652 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,888,821 | 5,688,901,388 | 4,278,327,144 |
Total current assets | 5,365,744,456 | 3,974,286,248 | 2,626,012,497 |
Total assets | 5,367,633,276 | 9,663,187,636 | 6,904,339,641 |
Short term debt | 90,002,648 | 2,956,334,639 | 1,502,811,329 |
Long term debt | 0 | 3,739,517,360 | 3,223,323,477 |
Total liabilities | 90,002,648 | 6,695,851,999 | 4,726,134,806 |
Contributed capital | 4,431,890,000 | 4,431,890,000 | 4,431,890,000 |
Retained earnings | 845,740,628 | -1,464,554,365 | -2,253,685,166 |
Total equity | 5,277,630,628 | 2,967,335,635 | 2,178,204,834 |
Total equity and liabilities | 5,367,633,276 | 9,663,187,634 | 6,904,339,640 |
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
B
Main industrial area
Mining and quarrying
06
Activity
Extraction of crude petroleum and natural gas
06.1
Main industrial group
Extraction of crude petroleum
06.10
Industrial group
Extraction of crude petroleum
06.100
Industrial group
Extraction of crude petroleum