ERNST ØSTVOLD AS • 932081202 • Sandnes • Retail trade, except of motor vehicles and motorcycles

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Goods and trade

/ Purchase and sale

ERNST ØSTVOLD AS

Keywords

furniture

Organization

CEO: ES
Ernst Østvold Selvikvaag1955
Chairman of the board: ES
Ernst Østvold Selvikvaag1955
Years since formation: 29 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 120; 1 share class
Total number of shareholders: 6; persons

Financials

Total operating income 2023: 9,449,094; NOK
Annual total result 2023: -735,809; NOK
Total equity 2023: 4,457,162; NOK

Last update: Nov 14, 2024

Management

Management / administration

Name	Role	Shares
ES Ernst Østvold Selvikvaag 1955	Managing Director/CEO	16.67 % directly

Board

Name	Role	Shares
ES Ernst Østvold Selvikvaag 1955	Chairman	16.67 % directly
AH Arne Hallgeir Eikeland 1956	Board Member	16.67 % directly
TS Tormod Selvikvaag 1967	Board Member	16.67 % directly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
AE Arnstein Eikeland 1962	-	16.67 % directly
AH Arne Hallgeir Eikeland 1956	Board Member	16.67 % directly
TS Tormod Selvikvaag 1967	Board Member	16.67 % directly
ES Ernst Østvold Selvikvaag 1955	Managing Director/CEO, Chairman	16.67 % directly
JE Jørn Kåre Eikeland 1960	-	16.67 % directly
IS Inger Selvikvaag Seem 1961	-	16.67 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
AH Arne Hallgeir Eikeland 1956	Ordinary shares	20	16.67 %
AE Arnstein Eikeland 1962	Ordinary shares	20	16.67 %
ES Ernst Østvold Selvikvaag 1955	Ordinary shares	20	16.67 %
IS Inger Selvikvaag Seem 1961	Ordinary shares	20	16.67 %
JE Jørn Kåre Eikeland 1960	Ordinary shares	20	16.67 %
TS Tormod Selvikvaag 1967	Ordinary shares	20	16.67 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	9,449,094	11,163,650	12,945,425
Annual Total Result	-735,809	-29,287	544,083
Total assets	5,787,122	6,179,293	6,632,998
Total liabilities	1,329,961	986,323	1,320,741
Total equity	4,457,162	5,192,970	5,312,258

P&L

Year	2023	2022	2021
Total operating income	9,449,094	11,163,650	12,945,425
Total operating costs	10,277,989	11,320,633	12,571,159
Operating result	-828,895	-156,983	374,265
Financial income/costs	93,087	127,696	169,817
Profit before tax	-735,809	-29,287	544,083
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-735,809	-29,287	544,083

Balance overview

Year	2023	2022	2021
Total fixed assets	874,417	999,417	1,124,417
Total current assets	4,912,706	5,179,876	5,508,582
Total assets	5,787,122	6,179,293	6,632,998
Short term debt	1,329,961	986,323	1,320,741
Long term debt	0	0	0
Total liabilities	1,329,961	986,323	1,320,741
Contributed capital	120,000	120,000	120,000
Retained earnings	4,337,162	5,072,970	5,192,258
Total equity	4,457,162	5,192,970	5,312,258
Total equity and liabilities	5,787,122	6,179,293	6,632,998

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

47

Activity

Retail trade, except of motor vehicles and motorcycles

47.5

Main industrial group

Retail sale of other household equipment in specialised stores

47.59

Industrial group

Retail sale of furniture, lighting equipment and other household articles in specialised stores

47.591

Industrial group

Retail sale of furniture in specialised stores