Organization
- CEO
- SS
Sveinung Søreide1970
- Chairman of the board
- OL
Olav Lote1959
- Years since formation
- 13 years
- since Oct 10, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 4
- companies
Financials
- Total operating income 2023
- 12,517,421
- NOK
- Annual total result 2023
- 1,353,830
- NOK
- Total equity 2023
- 3,574,489
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SS 1970 | Managing Director/CEO | 33 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
OL 1959 | Chairman | 30.1 % indirectly |
PI 1969 | Board Member | 12.9 % indirectly |
SS 1970 | Board Member | 33 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SS 1970 | Managing Director/CEO, Board Member | 33 % indirectly |
OL 1959 | Chairman | 30.1 % indirectly |
PI 1969 | Board Member | 12.9 % indirectly |
| - | 12 % indirectly | |
SH | - | 12 % indirectly |
Last update: Oct 5, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 43 | 43 % | |
| Ordinary shares | 33 | 33 % | |
| Ordinary shares | 12 | 12 % | |
| Ordinary shares | 12 | 12 % |
Shares owned by the LOTE ELEKTRO AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 5 | 0.09 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 12,517,421 | 11,007,531 | 9,957,445 |
Annual Total Result | 1,353,830 | 641,605 | 1,004,907 |
Total assets | 6,975,833 | 5,501,480 | 5,466,454 |
Total liabilities | 3,401,344 | 2,180,821 | 2,187,399 |
Total equity | 3,574,489 | 3,320,660 | 3,279,054 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 12,517,421 | 11,007,531 | 9,957,445 |
Total operating costs | 10,873,021 | 10,158,976 | 8,690,584 |
Operating result | 1,644,400 | 848,555 | 1,266,861 |
Financial income/costs | 53,819 | 11,512 | 5,257 |
Profit before tax | 1,698,219 | 860,067 | 1,272,117 |
Total tax & extraordinary income/cost | 344,389 | 218,462 | 267,210 |
Annual Total Result | 1,353,830 | 641,605 | 1,004,907 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 25,000 | 93,000 | 211,500 |
Total current assets | 6,950,833 | 5,408,480 | 5,254,953 |
Total assets | 6,975,833 | 5,501,480 | 5,466,454 |
Short term debt | 3,399,994 | 2,180,821 | 2,175,825 |
Long term debt | 1,350 | 0 | 11,574 |
Total liabilities | 3,401,344 | 2,180,821 | 2,187,399 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | 3,474,489 | 3,220,660 | 3,179,054 |
Total equity | 3,574,489 | 3,320,660 | 3,279,054 |
Total equity and liabilities | 6,975,833 | 5,501,480 | 5,466,454 |
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation