MONTEL AS
Organization
- CEO
- TR
- Chairman of the board
- TR
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 96
Ownership
- Number of shares and share classes
- 350,400
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 221,372,225
- NOK
- Annual total result 2024
- -9,761,443
- NOK
- Total equity 2024
- 376,200,973
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TR | Managing Director/CEO | 2.25 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TR | Chairman | 2.25 % indirectly |
EV | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TR | Managing Director/CEO, Chairman | 2.25 % indirectly |
Last update: Jan 3, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 350,400 | 100 % |
Shares owned by the MONTEL AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000,000 | 100 % | |
| Ordinary shares | 1,000,000 | 100 % | |
| Ordinary shares | 845,000 | 84.5 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -1,142,468Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 221,372,225 | 160,657,349 | 117,841,878 | 93,029,108 |
Annual Total Result | -9,761,443 | -2,240,616 | -21,100,824 | -11,107,083 |
Total assets | 621,757,744 | 535,270,481 | 98,902,532 | 83,920,976 |
Total liabilities | 245,556,771 | 150,134,232 | 86,050,096 | 80,862,714 |
Total equity | 376,200,973 | 385,136,249 | 12,852,436 | 3,058,262 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 221,372,225 | 160,657,349 | 117,841,878 | 93,029,108 |
Total operating costs | 226,086,823 | 167,216,855 | 136,615,570 | 112,310,047 |
Operating result | -4,714,599 | -6,559,507 | -18,773,693 | -19,280,940 |
Financial income/costs | -8,540,987 | 1,377,492 | -6,468,512 | 4,053,191 |
Profit before tax | -13,255,585 | -5,182,014 | -25,242,204 | -15,227,748 |
Total tax & extraordinary income/cost | -3,494,142 | -2,941,398 | -4,141,380 | -4,120,665 |
Annual Total Result | -9,761,443 | -2,240,616 | -21,100,824 | -11,107,083 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 531,375,829 | 484,071,296 | 48,670,328 | 27,931,652 |
Total current assets | 90,381,915 | 51,199,185 | 50,232,205 | 55,989,323 |
Total assets | 621,757,744 | 535,270,481 | 98,902,532 | 83,920,976 |
Short term debt | 158,157,329 | 150,134,232 | 86,050,096 | 80,862,714 |
Long term debt | 87,399,442 | 0 | 0 | 0 |
Total liabilities | 245,556,771 | 150,134,232 | 86,050,096 | 80,862,714 |
Contributed capital | 335,758,475 | 383,488,946 | 4,494,400 | 3,504,000 |
Retained earnings | 40,442,498 | 1,647,303 | 8,358,036 | -445,738 |
Total equity | 376,200,973 | 385,136,249 | 12,852,436 | 3,058,262 |
Total equity and liabilities | 621,757,744 | 535,270,481 | 98,902,532 | 83,920,976 |
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