GARSTEIN AS
Organization
- CEO
- SU
Stig Ulstein1958
- Chairman of the board
- MI
- Years since formation
- 20 years
- since Jan 6, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 47,000
- 1 share class
- Total number of shareholders
- 4
- companies
Financials
- Total operating income 2024
- 1,344,000
- NOK
- Annual total result 2024
- 333,884
- NOK
- Total equity 2024
- 12,522,671
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SU 1958 | Managing Director/CEO | 8.18 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
MI | Chairman | 10 % indirectly |
SU 1958 | Board Member | 8.18 % indirectly |
MU 1962 | Board Member | 25 % indirectly |
| Board Member | 15.63 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MU 1962 | Board Member | 25 % indirectly |
| Board Member | 15.63 % indirectly | |
MI | Chairman | 10 % indirectly |
SU 1958 | Managing Director/CEO, Board Member | 8.18 % indirectly |
HC | - | 7.5 % indirectly |
OM | - | 7.5 % indirectly |
SK | - | 5.4 % indirectly |
| - | 5.4 % indirectly | |
MU 1994 | - | 5.4 % indirectly |
| - | 3.12 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 11,750 | 25 % | |
| Ordinary shares | 11,750 | 25 % | |
| Ordinary shares | 11,750 | 25 % | |
| Ordinary shares | 11,750 | 25 % |
Shares owned by the GARSTEIN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 13,092 | 5.59 % | |
| Ordinary shares | 1,032 | 3.62 % | |
| Ordinary shares | 555,450 | 1.52 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,344,000 | 1,292,000 | 1,236,000 | 1,236,000 |
Annual Total Result | 333,884 | 107,309 | 235,767 | 272,741 |
Total assets | 19,174,494 | 18,942,860 | 19,759,551 | 20,518,035 |
Total liabilities | 6,651,823 | 6,754,073 | 7,678,073 | 8,672,324 |
Total equity | 12,522,671 | 12,188,787 | 12,081,478 | 11,845,711 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,344,000 | 1,292,000 | 1,236,000 | 1,236,000 |
Total operating costs | 838,843 | 841,809 | 849,117 | 875,685 |
Operating result | 505,157 | 450,191 | 386,883 | 360,315 |
Financial income/costs | -171,273 | -342,882 | -151,116 | -115,899 |
Profit before tax | 333,884 | 107,309 | 235,767 | 244,416 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | -28,325 |
Annual Total Result | 333,884 | 107,309 | 235,767 | 272,741 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 18,907,000 | 18,625,000 | 19,523,269 | 20,273,270 |
Total current assets | 267,494 | 317,860 | 236,282 | 244,765 |
Total assets | 19,174,494 | 18,942,860 | 19,759,551 | 20,518,035 |
Short term debt | 76,823 | 79,073 | 203,073 | 197,324 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 6,651,823 | 6,754,073 | 7,678,073 | 8,672,324 |
Contributed capital | 11,402,083 | 11,402,083 | 11,402,083 | 11,402,083 |
Retained earnings | 1,120,588 | 786,704 | 679,395 | 443,628 |
Total equity | 12,522,671 | 12,188,787 | 12,081,478 | 11,845,711 |
Total equity and liabilities | 19,174,494 | 18,942,860 | 19,759,551 | 20,518,035 |
Classification
Type of organization
Limited company