PROVINCEN AS
Organization
- CEO
- KS
Knut Selliseth1961
- Chairman of the board
- KS
Knut Selliseth1961
- Years since formation
- 18 years
- since Jul 11, 2007
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 250
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- 481,351
- NOK
- Total equity 2024
- 17,713,494
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KS 1961 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KS 1961 | Chairman | 100 % directly |
GS 1962 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KS 1961 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KS 1961 | Ordinary shares | 250 | 100 % |
Shares owned by the PROVINCEN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 50 % | |
| Ordinary shares | 150 | 33.33 % | |
| Ordinary shares | 35,832 | 3.77 % | |
| Ordinary shares | 20,914 | 1.95 % | |
| NO0012929514 | 601,393 | 1.93 % | |
| NO0013171553 | 603,699 | 1.45 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 481,351 | 632,812 | 15,606,525 | 267,956 |
Total assets | 18,032,573 | 17,545,065 | 16,915,516 | 7,428,599 |
Total liabilities | 319,079 | 12,922 | 16,185 | 3,135,793 |
Total equity | 17,713,494 | 17,532,143 | 16,899,331 | 4,292,806 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 109,177 | 100,100 | 64,566 | 44,800 |
Operating result | -109,177 | -100,100 | -64,566 | -44,800 |
Financial income/costs | 590,528 | 732,912 | 15,671,092 | 312,757 |
Profit before tax | 481,351 | 632,812 | 15,606,525 | 267,956 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 481,351 | 632,812 | 15,606,525 | 267,956 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 9,378,399 | 9,243,333 | 9,226,503 | 7,145,348 |
Total current assets | 8,654,174 | 8,301,732 | 7,689,013 | 283,251 |
Total assets | 18,032,573 | 17,545,065 | 16,915,516 | 7,428,599 |
Short term debt | 319,079 | 12,922 | 16,185 | 38,093 |
Long term debt | 0 | 0 | 0 | 3,097,700 |
Total liabilities | 319,079 | 12,922 | 16,185 | 3,135,793 |
Contributed capital | 4,292,806 | 4,292,806 | 4,292,806 | 100,000 |
Retained earnings | 13,420,688 | 13,239,337 | 12,606,525 | 4,192,806 |
Total equity | 17,713,494 | 17,532,143 | 16,899,331 | 4,292,806 |
Total equity and liabilities | 18,032,573 | 17,545,065 | 16,915,516 | 7,428,599 |
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