AVANCE AS
Organization
- CEO
- FA
Frode Arnesen1962
- Chairman of the board
- FA
Frode Arnesen1962
- Years since formation
- 13 years
- since Aug 22, 2012
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 3,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- 135,549
- NOK
- Total equity 2024
- 739,166
- NOK
Last update: Jun 28, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
FA 1962 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
FA 1962 | Chairman | 100 % directly |
KS 1962 | Alternate Member | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FA 1962 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
FA 1962 | Ordinary shares | 3,000 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 135,549 | 73,750 | -26,024 | -26,367 |
Total assets | 906,607 | 771,058 | 797,308 | 1,197,039 |
Total liabilities | 167,441 | 47,441 | 147,441 | 521,148 |
Total equity | 739,166 | 723,617 | 649,867 | 675,891 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 0 | 4 | 36 | 8 |
Operating result | 0 | -4 | -36 | -8 |
Financial income/costs | 135,549 | 73,754 | -25,988 | -26,359 |
Profit before tax | 135,549 | 73,750 | -26,024 | -26,367 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 135,549 | 73,750 | -26,024 | -26,367 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 906,607 | 771,058 | 797,308 | 1,197,039 |
Total assets | 906,607 | 771,058 | 797,308 | 1,197,039 |
Short term debt | 167,441 | 47,441 | 147,441 | 521,148 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 167,441 | 47,441 | 147,441 | 521,148 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 709,166 | 693,617 | 619,867 | 645,891 |
Total equity | 739,166 | 723,617 | 649,867 | 675,891 |
Total equity and liabilities | 906,607 | 771,058 | 797,308 | 1,197,039 |
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