MOWET AS
Organization
- CEO
- OF
Ola Frang Wetten1977
- Chairman of the board
- MH
- Years since formation
- 4 years
- since Oct 13, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 219,000
- NOK
- Annual total result 2024
- 702,679
- NOK
- Total equity 2024
- 8,310,901
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
OF 1977 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
MH | Chairman | 50 % directly |
OF 1977 | Board Member | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OF 1977 | Managing Director/CEO, Board Member | 50 % directly |
MH | Chairman | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MH | Ordinary shares | 500 | 50 % |
OF 1977 | Ordinary shares | 500 | 50 % |
Shares owned by the MOWET AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,777 | 17.77 % | |
| Ordinary shares | 102 | 6 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 219,000 | 150,000 | 125,000 | 0 |
Annual Total Result | 702,679 | 642,413 | -8,484 | 3,105,634 |
Total assets | 9,834,802 | 9,814,517 | 10,252,464 | 12,983,680 |
Total liabilities | 1,523,900 | 2,206,295 | 3,286,655 | 6,009,387 |
Total equity | 8,310,901 | 7,608,222 | 6,965,809 | 6,974,293 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 219,000 | 150,000 | 125,000 | 0 |
Total operating costs | 121,384 | 83,899 | 96,928 | 40,113 |
Operating result | 97,616 | 66,101 | 28,072 | -40,113 |
Financial income/costs | 639,199 | 593,307 | -38,939 | 3,154,990 |
Profit before tax | 736,815 | 659,408 | -10,867 | 3,114,877 |
Total tax & extraordinary income/cost | 34,136 | 16,995 | -2,383 | 9,243 |
Annual Total Result | 702,679 | 642,413 | -8,484 | 3,105,634 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 8,791,997 | 8,073,928 | 8,082,791 | 8,053,250 |
Total current assets | 1,042,804 | 1,740,589 | 2,169,673 | 4,930,430 |
Total assets | 9,834,802 | 9,814,517 | 10,252,464 | 12,983,680 |
Short term debt | 1,515,350 | 2,206,295 | 2,295,427 | 4,009,387 |
Long term debt | 8,550 | 0 | 991,228 | 2,000,000 |
Total liabilities | 1,523,900 | 2,206,295 | 3,286,655 | 6,009,387 |
Contributed capital | 3,868,659 | 3,868,659 | 3,868,659 | 3,868,659 |
Retained earnings | 4,442,242 | 3,739,563 | 3,097,150 | 3,105,634 |
Total equity | 8,310,901 | 7,608,222 | 6,965,809 | 6,974,293 |
Total equity and liabilities | 9,834,802 | 9,814,517 | 10,252,464 | 12,983,680 |
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