COVEI AS
Keywords
preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work
Organization
- CEO
- TH
Trond Hjelmeland1969
- Chairman of the board
- TS
- Years since formation
- 4 years
- since Sep 22, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 26
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
- Belongs to group of
Financials
- Total operating income 2024
- 40,253,103
- NOK
- Annual total result 2024
- 764,221
- NOK
- Total equity 2024
- 888,983
- NOK
Last update: May 31, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TH 1969 | Managing Director/CEO | 29 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TS | Chairman | 69.58 % indirectly |
HG | Board Member | 1.42 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS | Chairman | 69.58 % indirectly |
TH 1969 | Managing Director/CEO | 29 % directly |
HG | Board Member | 1.42 % indirectly |
Last update: Nov 21, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 71 | 71 % | |
TH 1969 | Ordinary shares | 29 | 29 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 47,296,549Operating profit 2023: NOK 837,236Employees: 5
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 40,253,103 | 35,642,202 | 34,861,832 | 287,225 |
Annual Total Result | 764,221 | 86,984 | 124,215 | -104,867 |
Total assets | 15,121,288 | 11,572,751 | 13,081,320 | 404,242 |
Total liabilities | 14,232,305 | 11,447,989 | 13,043,541 | 490,679 |
Total equity | 888,983 | 124,762 | 37,779 | -86,437 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 40,253,103 | 35,642,202 | 34,861,832 | 287,225 |
Total operating costs | 39,082,296 | 35,333,860 | 34,592,124 | 423,459 |
Operating result | 1,170,807 | 308,342 | 269,708 | -136,234 |
Financial income/costs | -187,270 | -196,822 | -110,456 | -691 |
Profit before tax | 983,537 | 111,520 | 159,251 | -136,925 |
Total tax & extraordinary income/cost | 219,316 | 24,536 | 35,036 | -32,058 |
Annual Total Result | 764,221 | 86,984 | 124,215 | -104,867 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 650,649 | 318,703 | 168,579 | 32,058 |
Total current assets | 14,470,639 | 11,254,048 | 12,912,741 | 372,184 |
Total assets | 15,121,288 | 11,572,751 | 13,081,320 | 404,242 |
Short term debt | 13,707,483 | 11,143,878 | 12,541,396 | 259,503 |
Long term debt | 524,822 | 304,111 | 502,146 | 231,175 |
Total liabilities | 14,232,305 | 11,447,989 | 13,043,541 | 490,679 |
Contributed capital | 18,430 | 18,430 | 18,430 | 18,430 |
Retained earnings | 870,553 | 106,332 | 19,349 | -104,867 |
Total equity | 888,983 | 124,762 | 37,779 | -86,437 |
Total equity and liabilities | 15,121,288 | 11,572,751 | 13,081,320 | 404,242 |
Classification
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