FROST KVADRAT AS • 985275823 • Oslo • Other professional, scientific and technical activities

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FROST KVADRAT AS

Keywords

product developmentprocess developmentdesign businesstextilesclothingshoesjewellerygold goodssilver goodsfurnitureinterior itemsfashion goods

Organization

CEO: SU
Sondre Frost Urstad1979
Chairman of the board: SU
Sondre Frost Urstad1979
Years since formation: 22 years; since Jan 28, 2003
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 420; 1 share class
Total number of shareholders: 2; persons
Belongs to group of

Financials

Total operating income 2023: 3,836,143; NOK
Annual total result 2023: 2,179,261; NOK
Total equity 2023: 4,117,384; NOK

Last update: Sep 18, 2024

Management

Management / administration

Name	Role	Shares
SU Sondre Frost Urstad 1979	Managing Director/CEO	50 % directly

Board

Name	Role	Shares
SU Sondre Frost Urstad 1979	Chairman	50 % directly
SN Sven Nicolai Halbo 1970	Board Member	-

Others

Name	Role	Shares
O ORKLA REVISJON AS	Auditor	-
D DAHL OG AARNES REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SU Sondre Frost Urstad 1979	Managing Director/CEO, Chairman	50 % directly
JU Jann Frost Urstad 1971	-	50 % directly

Last update: Dec 7, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
JU Jann Frost Urstad 1971	Ordinary shares	210	50 %
SU Sondre Frost Urstad 1979	Ordinary shares	210	50 %

Shares owned by the FROST KVADRAT AS

Name	Share class	Number of shares	Share
F FROST PRODUKT AS	Ordinary shares	1,000	100 %
B BAGLERFARET UTSIKT AS	Ordinary shares	30,000	100 %
F FROST URSTAD AS	Ordinary shares	40	40 %
S STAVERN CUSTOMS AS	Ordinary shares	6,000	20 %
O OYSTER THERMAL AS	Ordinary shares	39,628	0.67 %
H HUDDLY AS	NO0010776990	421,884	0.09 %

Last update: May 24, 2024

Group structure

FROST KVADRAT AS
Total operating income 2023: NOK 3,836,143
Operating profit 2023: NOK 2,196,297
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	3,836,143	4,126,669	4,350,522
Annual Total Result	2,179,261	-1,966,995	4,176,625
Total assets	12,399,753	8,253,114	10,773,854
Total liabilities	8,282,369	5,257,523	5,455,107
Total equity	4,117,384	2,995,592	5,318,746

P&L

Year	2023	2022	2021
Total operating income	3,836,143	4,126,669	4,350,522
Total operating costs	1,639,846	5,421,985	1,578,847
Operating result	2,196,297	-1,295,316	2,771,675
Financial income/costs	551,398	-99,535	1,998,461
Profit before tax	2,747,695	-1,394,852	4,770,136
Total tax & extraordinary income/cost	568,434	572,143	593,511
Annual Total Result	2,179,261	-1,966,995	4,176,625

Balance overview

Year	2023	2022	2021
Total fixed assets	7,562,878	6,629,147	9,484,537
Total current assets	4,836,875	1,623,967	1,289,317
Total assets	12,399,753	8,253,114	10,773,854
Short term debt	2,952,778	3,381,960	3,527,572
Long term debt	5,329,591	1,875,563	1,927,535
Total liabilities	8,282,369	5,257,523	5,455,107
Contributed capital	420,000	420,000	420,000
Retained earnings	3,697,384	2,575,592	4,898,746
Total equity	4,117,384	2,995,592	5,318,746
Total equity and liabilities	12,399,753	8,253,114	10,773,854

Classification

Category

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

M

Main industrial area

Professional, scientific and technical activities

74

Activity

Other professional, scientific and technical activities

74.1

Main industrial group

Specialised design activities

74.10

Industrial group

Specialised design activities

74.101

Industrial group

Industrial design, product design and other technical design