STETIND VERTICAL HOLDING AS • 913269594 • Bergen • Financial service activities, except insurance and pension funding

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Banking and insurance

/ Financial fund

STETIND VERTICAL HOLDING AS

Keywords

placementsecurities

Links

Organization

CEO: TE
Tom Eirik Midttun1959
Chairman of the board: TE
Tom Eirik Midttun1959
Years since formation: 10 years; since Feb 20, 2014
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,144,344; 1 share class
Total number of shareholders: 8; 4 companies, 4 persons
Belongs to group of

Financials

Annual total result 2023: 5,059,193; NOK
Total equity 2023: 16,526,148; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
TE Tom Eirik Midttun 1959	Managing Director/CEO	68.21 % indirectly

Board

Name	Role	Shares
TE Tom Eirik Midttun 1959	Chairman	68.21 % indirectly
NB Nils Børge Rokne 1962	Board Member	15.71 % indirectly
DA David Anthony Edwards 1958	Board Member	-
TH Tom Hellebø 1962	Board Member	9.59 % directly

Others

Name	Role	Shares
F FORVIS MAZARS AS	Auditor	-
V VOSSESTRAND REKNESKAPSKONTOR AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TE Tom Eirik Midttun 1959	Managing Director/CEO, Chairman	68.21 % indirectly
NB Nils Børge Rokne 1962	Board Member	15.71 % indirectly
TH Tom Hellebø 1962	Board Member	9.59 % directly
PC Pål Christian Midttun 1972	-	4.85 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
M MIDTTUN HOLDING AS	Ordinary shares	780,531	68.21 %
N NIBRO INVEST AS	Ordinary shares	179,789	15.71 %
TH Tom Hellebø 1962	Ordinary shares	109,755	9.59 %
O OCEANIS INVEST AS	Ordinary shares	55,548	4.85 %
JR Jens Rickard Ringefelt 1983	Ordinary shares	8,057	0.7 %
Ø ØST VEST INVEST AS	Ordinary shares	6,400	0.56 %
JE Jon Eirik Einarsveen 1984	Ordinary shares	4,263	0.37 %
DA David Anthony Edwards 1958	Ordinary shares	1	< 0.01 %

Shares owned by the STETIND VERTICAL HOLDING AS

Name	Share class	Number of shares	Share
E EDGE INSURANCE TECHNOLOGIES AS	Ordinary shares	30,000	100 %

Last update: May 24, 2024

Group structure

MIDTTUN HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -76,530
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	1,854,077	10,383,000
Annual Total Result	5,059,193	35,657,437	75,642,000
Total assets	17,134,382	94,039,989	146,898,000
Total liabilities	608,235	9,335,019	84,118,000
Total equity	16,526,148	84,704,970	62,779,000

P&L

Year	2023	2022	2021
Total operating income	0	1,854,077	10,383,000
Total operating costs	406,910	5,687,349	10,931,000
Operating result	-406,910	-3,833,272	-548,000
Financial income/costs	6,075,451	39,434,892	76,524,000
Profit before tax	5,668,541	35,601,620	75,976,000
Total tax & extraordinary income/cost	609,348	-55,817	334,000
Annual Total Result	5,059,193	35,657,437	75,642,000

Balance overview

Year	2023	2022	2021
Total fixed assets	97,170	173,132	60,785,000
Total current assets	17,037,212	93,866,857	86,113,000
Total assets	17,134,382	94,039,989	146,898,000
Short term debt	608,235	9,335,019	84,118,000
Long term debt	0	0	0
Total liabilities	608,235	9,335,019	84,118,000
Contributed capital	11,466,955	55,035,634	55,035,000
Retained earnings	5,059,193	29,669,337	7,744,000
Total equity	16,526,148	84,704,970	62,779,000
Total equity and liabilities	17,134,382	94,039,989	146,897,000

Classification

Category

Banking and insurance

/ Financial fund

Type of organization

Limited company

Standard industrial classification

K

Main industrial area

Financial and insurance activities

64

Activity

Financial service activities, except insurance and pension funding

64.3

Main industrial group

Trusts, funds and similar financial entities

64.30

Industrial group

Trusts, funds and similar financial entities

64.308

Industrial group

Captive investment companies