MODERN DESIGN AS
Organization
- Chairman of the board
- LT
Lars Tomas Tveit1974
- Years since formation
- 3 years
- since Sep 5, 2022
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 9
Ownership
- Number of shares and share classes
- 400
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 13,375,410
- NOK
- Annual total result 2024
- 468,227
- NOK
- Total equity 2024
- 14,376,703
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
LT 1974 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KH | - | 6.67 % indirectly |
TH | - | 3.33 % indirectly |
LR | - | 3.33 % indirectly |
| - | 2.27 % indirectly | |
HM | - | 2.27 % indirectly |
HL | - | 1.07 % indirectly |
Last update: Sep 14, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 400 | 100 % |
Shares owned by the MODERN DESIGN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 90 | 90 % | |
| Ordinary shares | 60 | 60 % | |
| Ordinary shares | 51 | 51 % | |
| Ordinary shares | 51 | 51 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 5,520,000Operating profit 2024: NOK -3,225,465Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 13,375,410 | 54,446,733 | 53,093,307 |
Annual Total Result | 468,227 | 1,856,780 | -582,261 |
Total assets | 25,994,051 | 30,313,588 | 23,895,139 |
Total liabilities | 11,617,348 | 16,405,110 | 12,513,311 |
Total equity | 14,376,703 | 13,908,477 | 11,381,828 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 13,375,410 | 54,446,733 | 53,093,307 |
Total operating costs | 12,425,959 | 53,628,136 | 51,009,198 |
Operating result | 949,451 | 818,597 | 2,084,109 |
Financial income/costs | -435,188 | 1,150,348 | -2,401,985 |
Profit before tax | 514,263 | 1,968,945 | -317,876 |
Total tax & extraordinary income/cost | 46,036 | 112,165 | 264,385 |
Annual Total Result | 468,227 | 1,856,780 | -582,261 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 19,485,322 | 16,521,504 | 12,056,236 |
Total current assets | 6,508,729 | 13,792,084 | 11,838,903 |
Total assets | 25,994,051 | 30,313,588 | 23,895,139 |
Short term debt | 3,857,357 | 7,317,659 | 9,941,571 |
Long term debt | 7,759,991 | 9,087,451 | 2,571,740 |
Total liabilities | 11,617,348 | 16,405,110 | 12,513,311 |
Contributed capital | 14,526,684 | 14,526,684 | 14,526,684 |
Retained earnings | -149,981 | -618,207 | -3,144,856 |
Total equity | 14,376,703 | 13,908,477 | 11,381,828 |
Total equity and liabilities | 25,994,051 | 30,313,587 | 23,895,139 |
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