POLARPLAST AS • 912192091 • Inndyr • Manufacture of rubber and plastic products

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Industry and manufacturing

POLARPLAST AS

Polarplast

Keywords

productionplastic articlespackagingbagssackscontainersboxescratesballoonsbottles

Links

Organization

CEO: LW
Lasse Willumsen1974
Chairman of the board: TG
Tor-Arne Gransjøen1964
Years since formation: 11 years; since Jul 8, 2013
Type: Limited company
VAT registered: Yes
Number of employees: 55

Ownership

Number of shares and share classes: 100,000; 1 share class
Total number of shareholders: 3; 1 company, 2 persons
Belongs to group of

Financials

Total operating income 2023: 97,766,472; NOK
Annual total result 2023: 6,069,943; NOK
Total equity 2023: 14,630,426; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
LW Lasse Willumsen 1974	Managing Director/CEO	20 % directly

Board

Name	Role	Shares
TG Tor-Arne Gransjøen 1964	Chairman	40 % directly
KA Kjell Arild Lorentsen 1957	Board Member	-
LW Lasse Willumsen 1974	Board Member	20 % directly
KL Kristian Lorentsen 1992	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
G GODE TALL AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TG Tor-Arne Gransjøen 1964	Chairman	40 % directly
LW Lasse Willumsen 1974	Managing Director/CEO, Board Member	20 % directly
KL Kristian Mangset Lorentsen 1992	-	10.67 % indirectly
HL Hilde Mangset Lorentsen 1985	-	10.67 % indirectly
ML Morten Løvik Lorentsen 1988	-	10.67 % indirectly
AS Arve Moen Storholm 1981	-	4 % indirectly
LH Linda Henriette Moen Storholm 1977	-	4 % indirectly

Last update: Aug 25, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
G GIGANTE HAVBRUK AS	Ordinary shares	40,000	40 %
TG Tor-Arne Gransjøen 1964	Ordinary shares	40,000	40 %
LW Lasse Willumsen 1974	Ordinary shares	20,000	20 %

Shares owned by the POLARPLAST AS

Name	Share class	Number of shares	Share
P POLAR AKVA AS	Ordinary shares	300	100 %
G GILDESKÅL MARINE CENTER AS	Ordinary shares	91	16.52 %

Last update: May 24, 2024

Group structure

POLARPLAST AS
Total operating income 2023: NOK 97,766,472
Operating profit 2023: NOK 7,838,169
Employees: 55

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	97,766,472	69,421,688	49,429,704
Annual Total Result	6,069,943	4,414,076	581,860
Total assets	35,513,150	19,694,102	17,904,455
Total liabilities	20,882,724	10,133,619	12,758,049
Total equity	14,630,426	9,560,483	5,146,406

P&L

Year	2023	2022	2021
Total operating income	97,766,472	69,421,688	49,429,704
Total operating costs	89,928,303	63,577,922	48,629,017
Operating result	7,838,169	5,843,765	800,687
Financial income/costs	-57,471	-132,298	-46,635
Profit before tax	7,780,697	5,711,468	754,052
Total tax & extraordinary income/cost	1,710,754	1,297,392	172,192
Annual Total Result	6,069,943	4,414,076	581,860

Balance overview

Year	2023	2022	2021
Total fixed assets	8,207,604	5,276,998	5,057,181
Total current assets	27,305,546	14,417,103	12,847,274
Total assets	35,513,150	19,694,102	17,904,455
Short term debt	18,675,525	8,821,020	10,843,203
Long term debt	2,207,199	1,312,599	1,914,846
Total liabilities	20,882,724	10,133,619	12,758,049
Contributed capital	197,000	197,000	197,000
Retained earnings	14,433,426	9,363,483	4,949,406
Total equity	14,630,426	9,560,483	5,146,406
Total equity and liabilities	35,513,150	19,694,102	17,904,455

Classification

Category

Industry and manufacturing

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

C

Main industrial area

Manufacturing

22

Activity

Manufacture of rubber and plastic products

22.2

Main industrial group

Manufacture of plastic products

22.22

Industrial group

Manufacture of plastic packing goods

22.220

Industrial group

Manufacture of plastic packing goods