ENGELSEN FINANS AS
Organization
- CEO
- WEWilhelm Engelsen1953 
- Chairman of the board
- WEWilhelm Engelsen1953 
- Years since formation
- 7 years
- since Nov 5, 2018
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 3
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 229,994
- NOK
- Annual total result 2024
- 2,324,125
- NOK
- Total equity 2024
- 23,208,467
- NOK
Last update: Sep 15, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| WE 1953 | Managing Director/CEO | 20 % indirectly | 
Board
| Name | Role | Shares | 
|---|---|---|
| WE 1953 | Chairman | 20 % indirectly | 
| Board Member | 40 % indirectly | |
| DV 1957 | Board Member | - | 
| TC | Board Member | 40 % indirectly | 
| KØ | Board Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Auditor | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| Board Member | 40 % indirectly | |
| TC | Board Member | 40 % indirectly | 
| WE 1953 | Managing Director/CEO, Chairman | 20 % indirectly | 
Last update: Aug 26, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 40 | 40 % | |
| Ordinary shares | 40 | 40 % | |
| Ordinary shares | 20 | 20 % | 
Shares owned by the ENGELSEN FINANS AS
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 300 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 516 | 100 % | |
| Ordinary shares | 400 | 100 % | |
| Ordinary shares | 300 | 100 % | |
| Ordinary shares | 50 | 50 % | |
| Ordinary shares | 1,200 | 50 % | |
| Ordinary shares | 100 | 50 % | |
| Ordinary shares | 237 | 1.17 % | |
| NO0010607617 | 50,000 | 0.09 % | |
| NO0010358484 | 1,533 | < 0.01 % | 
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 229,994Operating profit 2024: NOK -201,762Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 229,994 | 226,344 | 697,219 | 204,000 | 
| Annual Total Result | 2,324,125 | 1,508,263 | -1,030,194 | 9,346,647 | 
| Total assets | 46,669,571 | 46,466,704 | 52,222,975 | 68,320,333 | 
| Total liabilities | 23,461,104 | 25,582,362 | 32,846,897 | 47,914,062 | 
| Total equity | 23,208,467 | 20,884,342 | 19,376,079 | 20,406,273 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 229,994 | 226,344 | 697,219 | 204,000 | 
| Total operating costs | 431,756 | 800,502 | 593,672 | 648,022 | 
| Operating result | -201,762 | -574,158 | 103,547 | -444,022 | 
| Financial income/costs | 2,538,242 | 2,063,586 | -1,130,112 | 9,764,463 | 
| Profit before tax | 2,336,480 | 1,489,428 | -1,026,565 | 9,320,441 | 
| Total tax & extraordinary income/cost | 12,355 | -18,835 | 3,629 | -26,206 | 
| Annual Total Result | 2,324,125 | 1,508,263 | -1,030,194 | 9,346,647 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 36,270,326 | 37,680,698 | 39,651,457 | 36,612,968 | 
| Total current assets | 10,399,245 | 8,786,005 | 12,571,518 | 31,707,365 | 
| Total assets | 46,669,571 | 46,466,704 | 52,222,975 | 68,320,333 | 
| Short term debt | 8,818,326 | 8,982,630 | 15,255,268 | 41,673,856 | 
| Long term debt | 14,642,778 | 16,599,731 | 17,591,629 | 6,240,206 | 
| Total liabilities | 23,461,104 | 25,582,362 | 32,846,897 | 47,914,062 | 
| Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 | 
| Retained earnings | 23,108,467 | 20,784,342 | 19,276,079 | 20,306,273 | 
| Total equity | 23,208,467 | 20,884,342 | 19,376,079 | 20,406,273 | 
| Total equity and liabilities | 46,669,571 | 46,466,704 | 52,222,976 | 68,320,335 | 
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