Organization
- CEO
- YS
Yngve Solvang1968
- Chairman of the board
- LR
Leif Rune Rinnan1958
- Years since formation
- 20 years
- since Dec 12, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 6,385
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 1,007,876
- NOK
- Annual total result 2024
- -1,364,589
- NOK
- Total equity 2024
- -10,197,562
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
YS 1968 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Board Member | - | |
LR 1958 | Chairman | 12.9 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LR 1958 | Chairman | 12.9 % indirectly |
LN 1968 | - | 2.99 % indirectly |
KM | - | 1.73 % indirectly |
JE 1958 | - | 1.47 % indirectly |
HM | - | 1.32 % indirectly |
AD 1988 | - | 1.1 % indirectly |
MH | - | 1.1 % indirectly |
TK 1972 | - | 1.09 % indirectly |
Last update: Jan 23, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 6,385 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 1,920,000Operating profit 2023: NOK -17,353,000Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,007,876 | 891,201 | 41,257 | 514,491 |
Annual Total Result | -1,364,589 | -2,639,933 | -1,012,498 | -1,725,643 |
Total assets | 273,711 | 605,382 | 584,920 | 1,110,084 |
Total liabilities | 10,471,272 | 9,553,720 | 6,893,324 | 6,405,990 |
Total equity | -10,197,562 | -8,948,337 | -6,308,404 | -5,295,906 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,007,876 | 891,201 | 41,257 | 514,491 |
Total operating costs | 1,669,862 | 2,913,033 | 722,822 | 1,854,114 |
Operating result | -661,986 | -2,021,832 | -681,565 | -1,339,623 |
Financial income/costs | -702,603 | -618,101 | -330,933 | -386,019 |
Profit before tax | -1,364,589 | -2,639,933 | -1,012,498 | -1,725,643 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -1,364,589 | -2,639,933 | -1,012,498 | -1,725,643 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 105,711 | 554,417 | 1,003,123 |
Total current assets | 273,711 | 499,671 | 30,503 | 106,961 |
Total assets | 273,711 | 605,382 | 584,920 | 1,110,084 |
Short term debt | 10,471,272 | 9,553,720 | 402,210 | 134,645 |
Long term debt | 0 | 0 | 6,491,114 | 6,271,345 |
Total liabilities | 10,471,272 | 9,553,720 | 6,893,324 | 6,405,990 |
Contributed capital | 6,102,100 | 6,102,100 | 6,102,100 | 6,102,100 |
Retained earnings | -16,299,662 | -15,050,437 | -12,410,504 | -11,398,006 |
Total equity | -10,197,562 | -8,948,337 | -6,308,404 | -5,295,906 |
Total equity and liabilities | 273,710 | 605,382 | 584,920 | 1,110,084 |
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