Organization
- CEO
- IM
- Chairman of the board
- OU
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
Ownership
- Number of shares and share classes
- 100
- 2 share classes
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 18,399,093
- NOK
- Annual total result 2024
- 1,059,449
- NOK
- Total equity 2024
- 4,345,325
- NOK
Last update: Jul 14, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IM | Managing Director/CEO | 3.6 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
OU | Chairman | 16.4 % indirectly |
IM | Board Member | 3.6 % indirectly |
VJ | Alternate Member | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OU | Chairman | 16.4 % indirectly |
IM | Managing Director/CEO, Board Member | 3.6 % indirectly |
Last update: Feb 27, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Class B shares | 80 | 80 % | |
| A-shares | 20 | 20 % |
Shares owned by the UTGAARD AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 1 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -60,892Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 18,399,093 | 15,169,861 | 13,113,637 | 17,697,912 |
Annual Total Result | 1,059,449 | 687,127 | 118,796 | 366,305 |
Total assets | 9,134,989 | 8,651,679 | 7,272,892 | 7,582,027 |
Total liabilities | 4,789,663 | 4,468,803 | 3,090,742 | 3,115,418 |
Total equity | 4,345,325 | 4,182,876 | 4,182,149 | 4,466,609 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 18,399,093 | 15,169,861 | 13,113,637 | 17,697,912 |
Total operating costs | 17,035,491 | 14,249,418 | 12,918,533 | 17,177,333 |
Operating result | 1,363,602 | 920,443 | 195,104 | 520,580 |
Financial income/costs | -1,298 | -34,898 | -36,871 | -45,390 |
Profit before tax | 1,362,304 | 885,545 | 158,233 | 475,190 |
Total tax & extraordinary income/cost | 302,855 | 198,418 | 39,437 | 108,885 |
Annual Total Result | 1,059,449 | 687,127 | 118,796 | 366,305 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,442,790 | 2,377,396 | 2,599,798 | 2,205,512 |
Total current assets | 7,692,199 | 6,274,283 | 4,673,094 | 5,376,516 |
Total assets | 9,134,989 | 8,651,679 | 7,272,892 | 7,582,027 |
Short term debt | 3,945,519 | 3,783,145 | 2,538,255 | 2,858,038 |
Long term debt | 844,145 | 685,658 | 552,487 | 257,380 |
Total liabilities | 4,789,663 | 4,468,803 | 3,090,742 | 3,115,418 |
Contributed capital | 1,316,691 | 1,316,691 | 1,316,691 | 1,316,691 |
Retained earnings | 3,028,634 | 2,866,185 | 2,865,458 | 3,149,918 |
Total equity | 4,345,325 | 4,182,876 | 4,182,149 | 4,466,609 |
Total equity and liabilities | 9,134,989 | 8,651,679 | 7,272,891 | 7,582,027 |
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
43.3
Main industrial group
Building completion and finishing
43.34
Industrial group
Painting and glazing
43.341
Industrial group
Painting