INSTEFJORD ASFALT AS • 989537229 • Leikanger • Civil engineering

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/ Contractor activities

/ 42.110 Construction of roads and motorways

INSTEFJORD ASFALT AS

Keywords

constructionmotorwaysroadsstreetsthoroughfaresasphaltingmarkingsetting upmotor protectiontraffic signsrunways

Organization

CEO: II
Ingar Instefjord1988
Chairman of the board: GE
Geir Eldar Instefjord1953
Years since formation: 19 years; since Mar 21, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 8

Ownership

Number of shares and share classes: 650; 1 share class
Total number of shareholders: 7; persons

Financials

Total operating income 2024: 23,317,374; NOK
Annual total result 2024: 714,049; NOK
Total equity 2024: 8,109,306; NOK

Last update: Aug 13, 2025

Management

Management / administration

Name	Role	Shares
II Ingar Instefjord 1988	Managing Director/CEO	15.38 % directly

Board

Name	Role	Shares
GE Geir Eldar Instefjord 1953	Chairman	30.77 % directly
II Ingar Instefjord 1988	Deputy Chair	15.38 % directly
LM Lars Magnar Stølen 1972	Board Member	15.38 % directly

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
Ø ØKONOMISERVICE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
GE Geir Eldar Instefjord 1953	Chairman	30.77 % directly
AF Anne-Karin Fredheim Instefjord 1956	-	15.38 % directly
II Ingar Instefjord 1988	Managing Director/CEO, Deputy Chair	15.38 % directly
LM Lars Magnar Stølen 1972	Board Member	15.38 % directly
MJ Magnar Johan Fredheim 1952	-	7.69 % directly
AI Anita Instefjord 1982	-	7.69 % directly
HI Hilde Instefjord 1985	-	7.69 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
GE Geir Eldar Instefjord 1953	Ordinary shares	200	30.77 %
II Ingar Instefjord 1988	Ordinary shares	100	15.38 %
LM Lars Magnar Stølen 1972	Ordinary shares	100	15.38 %
AF Anne-Karin Fredheim Instefjord 1956	Ordinary shares	100	15.38 %
HI Hilde Instefjord 1985	Ordinary shares	50	7.69 %
AI Anita Instefjord 1982	Ordinary shares	50	7.69 %
MJ Magnar Johan Fredheim 1952	Ordinary shares	50	7.69 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	23,317,374	19,519,525	15,817,635
Annual Total Result	714,049	-1,484,356	-58,968
Total assets	15,886,714	11,857,792	10,655,360
Total liabilities	7,777,408	4,462,535	1,775,747
Total equity	8,109,306	7,395,257	8,879,613

P&L

Year	2024	2023	2022
Total operating income	23,317,374	19,519,525	15,817,635
Total operating costs	22,497,166	21,126,485	15,900,421
Operating result	820,208	-1,606,960	-82,787
Financial income/costs	-106,160	96,889	9,840
Profit before tax	714,049	-1,510,071	-72,947
Total tax & extraordinary income/cost	0	-25,715	-13,979
Annual Total Result	714,049	-1,484,356	-58,968

Balance overview

Year	2024	2023	2022
Total fixed assets	5,766,170	2,879,425	2,297,006
Total current assets	10,120,544	8,978,368	8,358,355
Total assets	15,886,714	11,857,792	10,655,360
Short term debt	3,890,710	4,462,535	1,750,032
Long term debt	3,886,698	0	25,715
Total liabilities	7,777,408	4,462,535	1,775,747
Contributed capital	650,000	650,000	650,000
Retained earnings	7,459,306	6,745,257	8,229,613
Total equity	8,109,306	7,395,257	8,879,613
Total equity and liabilities	15,886,714	11,857,792	10,655,360

Classification

Category

/ Contractor activities

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

42

Activity

Civil engineering

42.1

Main industrial group

Construction of roads and railways

42.11

Industrial group

Construction of roads and motorways

42.110

Industrial group

Construction of roads and motorways