BUSINESS ASSURANCE TECH AS
Keywords
consultingguidanceassistancemanagement issuesstrategicorganizationalreorganizationbusiness procedureschange managementcost reductionpersonnelremunerationpension strategiesproduction planningcontrol planninglobbyingaccounting procedurescost accountingbudget control proceduresrationalizationcontrolmanagement information
Organization
- CEO
- TU
Tore Ulvund1970
- Chairman of the board
- TU
Tore Ulvund1970
- Years since formation
- 6 years
- since Nov 26, 2019
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 2,830,269
- NOK
- Annual total result 2024
- 49,397
- NOK
- Total equity 2024
- 621,967
- NOK
Last update: May 8, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TU 1970 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TU 1970 | Chairman | 100 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TU 1970 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TU 1970 | Ordinary shares | 30,000 | 100 % |
Shares owned by the BUSINESS ASSURANCE TECH AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15,000 | 50 % | |
| Ordinary shares | 15,000 | 50 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 2,830,269 | 2,622,262 | 2,495,719 |
Annual Total Result | 49,397 | 279,091 | 45,122 |
Total assets | 1,078,080 | 1,121,129 | 766,224 |
Total liabilities | 456,113 | 548,559 | 472,745 |
Total equity | 621,967 | 572,570 | 293,479 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 2,830,269 | 2,622,262 | 2,495,719 |
Total operating costs | 2,785,672 | 2,265,757 | 2,422,382 |
Operating result | 44,597 | 356,505 | 73,337 |
Financial income/costs | -1,660 | 34,847 | -15,489 |
Profit before tax | 42,937 | 391,352 | 57,848 |
Total tax & extraordinary income/cost | -6,460 | 112,261 | 12,726 |
Annual Total Result | 49,397 | 279,091 | 45,122 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 30,000 | 30,000 | 0 |
Total current assets | 1,048,080 | 1,091,129 | 766,224 |
Total assets | 1,078,080 | 1,121,129 | 766,224 |
Short term debt | 456,113 | 548,559 | 472,745 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 456,113 | 548,559 | 472,745 |
Contributed capital | 36,000 | 36,000 | 36,000 |
Retained earnings | 585,967 | 536,570 | 257,479 |
Total equity | 621,967 | 572,570 | 293,479 |
Total equity and liabilities | 1,078,080 | 1,121,129 | 766,224 |
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
M
Main industrial area
Professional, scientific and technical activities
70
Activity
Activities of head offices; management consultancy activities
70.2
Main industrial group
Management consultancy activities
70.22
Industrial group
Business and other management consultancy activities
70.220
Industrial group
Business and other management consultancy activities