SÆTHEREN ELEMENT AS
Operating
Elementproduksjon.
Organization
- CEO
- NO
- Chairman of the board
- TL
Torbjørn Linge1951
- Years since formation
- 13 years
- since Nov 16, 2013
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 18
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2025
- 42,367,476
- NOK
- Annual total result 2025
- 1,496,511
- NOK
- Total equity 2025
- 3,650,225
- NOK
Last update: Jul 15, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
NO | Managing Director/CEO | 50.4 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TL 1951 | Chairman | - |
NO | Board Member | 50.4 % indirectly |
NG 1974 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
NO | Managing Director/CEO, Board Member | 50.4 % indirectly |
KM | - | 24.8 % indirectly |
HM | - | 24.8 % indirectly |
Last update: Nov 24, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 200 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 562,618Operating profit 2025: NOK 4,626Employees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total operating income | 42,367,476 | 21,767,326 | 25,224,725 | 45,332,930 |
Annual Total Result | 1,496,511 | -4,105,136 | -2,085,299 | 2,609,075 |
Total assets | 20,218,197 | 14,370,572 | 11,071,562 | 16,412,216 |
Total liabilities | 16,567,972 | 15,164,415 | 9,016,829 | 12,272,183 |
Total equity | 3,650,225 | -793,843 | 2,054,734 | 4,140,033 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total operating income | 42,367,476 | 21,767,326 | 25,224,725 | 45,332,930 |
Total operating costs | 40,181,081 | 26,757,259 | 27,781,604 | 41,930,932 |
Operating result | 2,186,395 | -4,989,933 | -2,556,878 | 3,401,998 |
Financial income/costs | -266,512 | -271,606 | -114,347 | -57,286 |
Profit before tax | 1,919,883 | -5,261,538 | -2,671,225 | 3,344,712 |
Total tax & extraordinary income/cost | 423,372 | -1,156,402 | -585,926 | 735,637 |
Annual Total Result | 1,496,511 | -4,105,136 | -2,085,299 | 2,609,075 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total fixed assets | 1,358,925 | 2,762,385 | 2,450,045 | 2,285,112 |
Total current assets | 18,859,272 | 11,608,187 | 8,621,517 | 14,127,105 |
Total assets | 20,218,197 | 14,370,572 | 11,071,562 | 16,412,216 |
Short term debt | 15,512,775 | 12,220,903 | 7,742,029 | 10,899,423 |
Long term debt | 1,055,198 | 2,943,512 | 1,274,799 | 1,372,760 |
Total liabilities | 16,567,972 | 15,164,415 | 9,016,829 | 12,272,183 |
Contributed capital | 202,459 | 202,459 | 202,459 | 202,459 |
Retained earnings | 3,447,766 | -996,302 | 1,852,275 | 3,937,574 |
Total equity | 3,650,225 | -793,843 | 2,054,734 | 4,140,033 |
Total equity and liabilities | 20,218,197 | 14,370,572 | 11,071,562 | 16,412,216 |
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises