PAPPER UTVIKLING AS
Organization
- CEO
- KV
- Chairman of the board
- HG
Helge Gallefoss1959
- Years since formation
- 3 years
- since Mar 25, 2022
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 2
- companies
Financials
- Annual total result 2024
- -159,009
- NOK
- Total equity 2024
- -829,460
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KV | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
HG 1959 | Chairman | 49 % indirectly |
KV | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HB | - | 50 % indirectly |
HG 1959 | Chairman | 49 % indirectly |
PT 1959 | - | 1 % indirectly |
Last update: Jan 25, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15,000 | 50 % | |
| Ordinary shares | 15,000 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 54,729 | 0 |
Annual Total Result | -159,009 | -128,087 | -24,999 |
Total assets | 8,173,707 | 8,257,546 | 108,373 |
Total liabilities | 9,003,167 | 8,927,997 | 108,942 |
Total equity | -829,460 | -670,452 | -569 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 54,729 | 0 |
Total operating costs | 203,331 | 215,508 | 28,920 |
Operating result | -203,331 | -160,779 | -28,920 |
Financial income/costs | 260 | -2,664 | -1,559 |
Profit before tax | -203,071 | -163,443 | -30,479 |
Total tax & extraordinary income/cost | -44,062 | -35,356 | -5,480 |
Annual Total Result | -159,009 | -128,087 | -24,999 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 8,040,224 | 8,002,162 | 5,480 |
Total current assets | 133,483 | 255,384 | 102,893 |
Total assets | 8,173,707 | 8,257,546 | 108,373 |
Short term debt | 21,801 | 42,375 | 8,942 |
Long term debt | 8,981,366 | 8,885,622 | 100,000 |
Total liabilities | 9,003,167 | 8,927,997 | 108,942 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | -859,460 | -700,452 | -30,569 |
Total equity | -829,460 | -670,452 | -569 |
Total equity and liabilities | 8,173,707 | 8,257,546 | 108,373 |
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