AS LOFOTEN SVEISEINDUSTRI • 923642943 • Svolvær • Repair and installation of machinery and equipment

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Goods and trade

/ 33.150 Repair and maintenance of ships and boats

AS LOFOTEN SVEISEINDUSTRI

Keywords

repairmaintenanceshipsboatsconversioninspectionroutine maintenancepleasure boatsdrilling rigs

Organization

CEO: BK
Brynjar Krogstad1971
Chairman of the board: KL
Knut Leif Edvard Krogstad1945
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 35

Ownership

Number of shares and share classes: 8,700; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 56,963,865; NOK
Annual total result 2024: 5,478,759; NOK
Total equity 2024: 4,431,730; NOK

Last update: Jul 10, 2025

Management

Management / administration

Name	Role	Shares
BK Brynjar Krogstad 1971	Managing Director/CEO	47.63 % indirectly

Board

Name	Role	Shares
KL Knut Leif Edvard Krogstad 1945	Chairman	4.81 % indirectly
BK Brynjar Krogstad 1971	Board Member	47.63 % indirectly
LA Lars-Rolf Andersen 1970	Board Member	-
GM Gøran Mareliussen 1983	Alternate Member	-

Others

Name	Role	Shares
N NORDNORSK REVISJON AS	Auditor	-
S SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
BK Brynjar Krogstad 1971	Managing Director/CEO, Board Member	47.63 % indirectly
YK Yngve Krogstad 1968	-	22.46 % indirectly
LK Linn-Merete Krogstad 1976	-	20.28 % indirectly
KL Knut Leif Edvard Krogstad 1945	Chairman	4.81 % indirectly
SK Sissel Krogstad 1946	-	4.81 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KROGSTAD AS	Ordinary shares	8,700	100 %

Shares owned by the AS LOFOTEN SVEISEINDUSTRI

Name	Share class	Total number of shares	Share
L LOFOTSTAND AS	Ordinary shares	10	1.58 %
L LOFOTEN KULTURHUS EIENDOM AS	Ordinary shares	1	0.14 %

Last update: Jun 2, 2025

Group structure

KROGSTAD AS
Total operating income 2024: NOK 3,191,301
Operating profit 2024: NOK -974,568
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	56,963,865	65,535,223	67,672,787	61,942,938
Annual Total Result	5,478,759	6,231,736	7,158,229	5,039,642
Total assets	18,014,582	23,874,503	23,444,142	22,386,015
Total liabilities	13,582,851	19,489,612	19,093,886	18,173,989
Total equity	4,431,730	4,384,891	4,350,255	4,212,026

P&L

Year	2024	2023	2022	2021
Total operating income	56,963,865	65,535,223	67,672,787	61,942,938
Total operating costs	50,125,145	57,750,566	58,601,343	55,509,982
Operating result	6,838,720	7,784,657	9,071,443	6,432,955
Financial income/costs	185,044	204,730	105,857	28,125
Profit before tax	7,023,764	7,989,387	9,177,300	6,461,080
Total tax & extraordinary income/cost	1,545,005	1,757,651	2,019,071	1,421,438
Annual Total Result	5,478,759	6,231,736	7,158,229	5,039,642

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,385,716	1,503,943	1,826,235	1,889,291
Total current assets	16,628,866	22,370,560	21,617,907	20,496,724
Total assets	18,014,582	23,874,503	23,444,142	22,386,015
Short term debt	13,582,851	19,489,612	19,093,886	18,173,989
Long term debt	0	0	0	0
Total liabilities	13,582,851	19,489,612	19,093,886	18,173,989
Contributed capital	870,000	870,000	870,000	870,000
Retained earnings	3,561,730	3,514,891	3,480,255	3,342,026
Total equity	4,431,730	4,384,891	4,350,255	4,212,026
Total equity and liabilities	18,014,581	23,874,503	23,444,141	22,386,015

Classification

Category

Goods and trade

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

C

Main industrial area

Manufacturing

33

Activity

Repair and installation of machinery and equipment

33.1

Main industrial group

Repair of fabricated metal products, machinery and equipment

33.15

Industrial group

Repair and maintenance of ships and boats

33.150

Industrial group

Repair and maintenance of ships and boats