Organization
- CEO
- AB
- Chairman of the board
- AL
Arne Løtveit1942
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 5
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 4,720,533
- NOK
- Annual total result 2024
- -136,412
- NOK
- Total equity 2024
- 2,194,807
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AB | Managing Director/CEO | 40 % directly |
Board
| Name | Role | Shares |
|---|---|---|
AL 1942 | Chairman | 60 % directly |
AB | Board Member | 40 % directly |
JT | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AL 1942 | Chairman | 60 % directly |
AB | Managing Director/CEO, Board Member | 40 % directly |
Last update: Mar 3, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AL 1942 | Ordinary shares | 60 | 60 % |
AB | Ordinary shares | 40 | 40 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,720,533 | 4,575,774 | 4,064,837 | 5,216,878 |
Annual Total Result | -136,412 | -121,455 | -333,385 | 135,110 |
Total assets | 3,687,303 | 3,631,515 | 3,869,632 | 3,868,885 |
Total liabilities | 1,492,495 | 1,300,295 | 1,416,957 | 1,082,825 |
Total equity | 2,194,807 | 2,331,220 | 2,452,675 | 2,786,060 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 4,720,533 | 4,575,774 | 4,064,837 | 5,216,878 |
Total operating costs | 4,858,779 | 4,668,636 | 4,470,703 | 5,032,945 |
Operating result | -138,246 | -92,862 | -405,866 | 183,933 |
Financial income/costs | -23,197 | -28,593 | -21,551 | -10,715 |
Profit before tax | -161,443 | -121,455 | -427,417 | 173,218 |
Total tax & extraordinary income/cost | -25,031 | 0 | -94,032 | 38,108 |
Annual Total Result | -136,412 | -121,455 | -333,385 | 135,110 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,525,590 | 1,237,771 | 1,288,971 | 1,246,139 |
Total current assets | 2,161,713 | 2,393,744 | 2,580,661 | 2,622,746 |
Total assets | 3,687,303 | 3,631,515 | 3,869,632 | 3,868,885 |
Short term debt | 898,831 | 918,931 | 933,905 | 1,082,825 |
Long term debt | 593,664 | 381,364 | 483,052 | 0 |
Total liabilities | 1,492,495 | 1,300,295 | 1,416,957 | 1,082,825 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 2,094,807 | 2,231,220 | 2,352,675 | 2,686,060 |
Total equity | 2,194,807 | 2,331,220 | 2,452,675 | 2,786,060 |
Total equity and liabilities | 3,687,302 | 3,631,515 | 3,869,632 | 3,868,885 |
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