NORWEGIAN CONCEPT AS • 989639129 • Kristiansand s • Wholesale trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

NORWEGIAN CONCEPT AS

Norwegian Concept

Keywords

sporting equipment

Links

Organization

CEO: TE
Tom Erik Mykjåland1983
Chairman of the board: LR
Lars Røsæg1982
Years since formation: 18 years; since Mar 28, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 43

Ownership

Number of shares and share classes: 11,500,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 175,915,965; NOK
Annual total result 2023: -1,256,366; NOK
Total equity 2023: 59,661,728; NOK

Last update: Nov 21, 2024

Management

Management / administration

Name	Role	Shares
TE Tom Erik Mykjåland 1983	Managing Director/CEO	1.28 % indirectly

Board

Name	Role	Shares
LR Lars Røsæg 1982	Chairman	-
FM Frank Mykjåland 1960	Board Member	1.44 % indirectly

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
EB Eivind Bue 1982	-	3 % indirectly
ON Ove Netland 1968	-	3 % indirectly
ER Endre Rasmussen 1973	-	3 % indirectly
PS Per Fredrik Spieler 1970	-	3 % indirectly
TE Trine Elise Horne 1983	-	2 % indirectly
IB Ingvild Langenes Bue 1981	-	2 % indirectly
FM Frank Mykjåland 1960	Board Member	1.44 % indirectly
TE Tom Erik Mykjåland 1983	Managing Director/CEO	1.28 % indirectly
LM Lene Mykjåland 1987	-	1.28 % indirectly

Last update: Oct 31, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N NORWEGIAN CONCEPT HOLDING AS	Ordinary shares	11,500,000	100 %

Last update: May 24, 2024

Group structure

FLT HOLDING AS
Total operating income 2023: NOK 60,000
Operating profit 2023: NOK -1,332,631
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	175,915,965	268,185,546	265,718,112
Annual Total Result	-1,256,366	38,647,526	48,468,768
Total assets	97,965,493	143,454,602	132,310,911
Total liabilities	38,303,764	82,536,508	61,275,323
Total equity	59,661,728	60,918,094	71,035,588

P&L

Year	2023	2022	2021
Total operating income	175,915,965	268,185,546	265,718,112
Total operating costs	179,897,526	231,217,551	205,919,561
Operating result	-3,981,561	36,967,994	59,798,551
Financial income/costs	2,510,108	12,655,581	2,397,716
Profit before tax	-1,471,453	49,623,576	62,196,267
Total tax & extraordinary income/cost	-215,087	10,976,050	13,727,499
Annual Total Result	-1,256,366	38,647,526	48,468,768

Balance overview

Year	2023	2022	2021
Total fixed assets	6,344,228	9,271,401	4,992,293
Total current assets	91,621,265	134,183,201	127,318,618
Total assets	97,965,493	143,454,602	132,310,911
Short term debt	38,104,016	82,243,402	60,887,955
Long term debt	199,748	293,106	387,368
Total liabilities	38,303,764	82,536,508	61,275,323
Contributed capital	11,500,000	11,500,000	11,500,000
Retained earnings	48,161,728	49,418,094	59,535,588
Total equity	59,661,728	60,918,094	71,035,588
Total equity and liabilities	97,965,493	143,454,602	132,310,911

Classification

Category

Goods and trade

/ Purchase and sale

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

G

Main industrial area

Wholesale and retail trade; repair of motor vehicles and motorcycles

46

Activity

Wholesale trade, except of motor vehicles and motorcycles

46.4

Main industrial group

Wholesale of household goods

46.49

Industrial group

Wholesale of other household goods

46.494

Industrial group

Wholesale of sporting equipment