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LETNES AS989 057 154

Contractor activities
Limited company
Utøyvegen 760 7670 INDERØY, Norge

LETNES AS

Operating
Investering i aksjer, eiendommer og investering i annet.

Keywords

preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work

Organization

CEO
DL

David Letnes1964

Chairman of the board
DL

David Letnes1964

Years since formation
21 years
since Dec 15, 2005
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
1
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Total operating income 2025
279,406,238
NOK
Annual total result 2025
7,809,959
NOK
Total equity 2025
118,383,823
NOK
Last update: Aug 20, 2026

Management

Management / administration

NameRoleShares
DL

David Letnes

1964

Managing Director/CEO-

Board

NameRoleShares
DL

David Letnes

1964

Chairman-
KM

Kirsten Margrete Skjervold Letnes

1965

Alternate Member-

Others

NameRoleShares
B
BDO AS
Auditor-
B
BERG ØKONOMI AS
Accountant-

Top 10 individual shareholders

NameRoleShares
LD

Letnes David

1964

-
100 %
directly
Last update: Jan 9, 2026

Ownership

Company shareholders

NameShare classTotal number of sharesShare
LD

Letnes David

1964

Ordinary shares
1
100 %

Shares owned by the LETNES AS

NameShare classTotal number of sharesShare
L
LETNES EIENDOMSUTVIKLING AS
Ordinary shares
100
100 %
L
LETNES ENTREPRENØR AS
Ordinary shares
5,000
100 %
J
JÆKTBYN AS
Ordinary shares
1,930
64.98 %
K
KYSTEN UTBYGGING AS
Ordinary shares
375
33.33 %
L
LEVANGER FJORDHOTELL EIENDOM AS
Ordinary shares
100
2.38 %
Last update: Sep 25, 2026

Group structure

  • LETNES AS
    Total operating income 2025: NOK 279,406,238
    Operating profit 2025: NOK 9,166,168
    Employees: 0

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
279,406,238
0
0
0
0
Annual Total Result
7,809,959
966,981
1,666,608
357,478
280,235
Total assets
163,410,662
51,150,139
52,227,858
52,544,798
53,469,277
Total liabilities
45,026,839
707,338
752,038
735,586
1,017,544
Total equity
118,383,823
50,442,801
51,475,820
51,809,212
52,451,734

P&L

Year20252024202320222021
Total operating income
279,406,238
0
0
0
0
Total operating costs
270,240,070
91,248
97,887
47,989
59,222
Operating result
9,166,168
-91,248
-97,887
-47,989
-59,222
Financial income/costs
668,843
1,331,213
1,970,513
506,346
418,498
Profit before tax
9,835,011
1,239,965
1,872,626
458,357
359,276
Total tax & extraordinary income/cost
2,025,052
272,984
206,018
100,879
79,041
Annual Total Result
7,809,959
966,981
1,666,608
357,478
280,235

Balance overview

Year20252024202320222021
Total fixed assets
62,519,346
23,120,660
23,120,660
22,390,234
22,390,234
Total current assets
100,891,316
28,029,479
29,107,198
30,154,564
31,079,043
Total assets
163,410,662
51,150,139
52,227,858
52,544,798
53,469,277
Short term debt
36,274,048
272,984
0
100,879
219,588
Long term debt
8,752,791
434,354
752,038
634,707
797,956
Total liabilities
45,026,839
707,338
752,038
735,586
1,017,544
Contributed capital
1,164,089
1,164,089
1,164,089
1,164,089
1,164,089
Retained earnings
117,219,734
49,278,712
50,311,731
50,645,123
51,287,645
Total equity
118,383,823
50,442,801
51,475,820
51,809,212
52,451,734
Total equity and liabilities
163,410,662
51,150,139
52,227,858
52,544,798
53,469,278

Classification

21st company classification
BETA
Small company
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
43.1
Main industrial group
Demolition and site preparation
43.12
Industrial group
Site preparation
43.120
Industrial group
Site preparation