MUSTAD UTVIKLING AS
Organization
- CEO
- JM
Jørgen Mustad1975
- Chairman of the board
- JM
Jørgen Mustad1975
- Years since formation
- 7 years
- since Jun 6, 2018
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 17,260,140
- NOK
- Annual total result 2024
- -5,787,086
- NOK
- Total equity 2024
- 9,318
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JM 1975 | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
JM 1975 | Chairman | 50 % indirectly |
FM 1971 | Board Member | 50 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FM 1971 | Board Member | 50 % indirectly |
JM 1975 | Managing Director/CEO, Chairman | 50 % indirectly |
Last update: Apr 1, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 599,532Operating profit 2024: NOK 193,213Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 17,260,140 | 9,534,048 | 12,834,401 | 78,431,124 |
Annual Total Result | -5,787,086 | -1,407,057 | 231,622 | 335,510 |
Total assets | 10,722,547 | 27,435,498 | 36,311,846 | 57,423,298 |
Total liabilities | 10,713,229 | 23,689,094 | 31,158,385 | 52,026,864 |
Total equity | 9,318 | 3,746,404 | 5,153,462 | 5,396,434 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 17,260,140 | 9,534,048 | 12,834,401 | 78,431,124 |
Total operating costs | 22,500,196 | 8,087,620 | 11,721,064 | 76,050,589 |
Operating result | -5,240,056 | 1,446,428 | 1,113,338 | 2,380,535 |
Financial income/costs | -547,030 | -2,841,827 | -816,387 | -1,950,394 |
Profit before tax | -5,787,086 | -1,395,399 | 296,951 | 430,141 |
Total tax & extraordinary income/cost | 0 | 11,658 | 65,329 | 94,631 |
Annual Total Result | -5,787,086 | -1,407,057 | 231,622 | 335,510 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 7,014,370 | 7,022,938 |
Total current assets | 10,722,547 | 27,435,498 | 29,297,477 | 50,400,360 |
Total assets | 10,722,547 | 27,435,498 | 36,311,846 | 57,423,298 |
Short term debt | 10,713,229 | 23,689,094 | 24,500,053 | 45,176,942 |
Long term debt | 0 | 0 | 6,658,332 | 6,849,922 |
Total liabilities | 10,713,229 | 23,689,094 | 31,158,385 | 52,026,864 |
Contributed capital | 7,232,771 | 5,182,771 | 5,182,771 | 5,182,771 |
Retained earnings | -7,223,453 | -1,436,367 | -29,309 | 213,663 |
Total equity | 9,318 | 3,746,404 | 5,153,462 | 5,396,434 |
Total equity and liabilities | 10,722,547 | 27,435,498 | 36,311,846 | 57,423,298 |
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