M17 UTVIKLING AS
Organization
- CEO
- KS
- Chairman of the board
- MS
- Years since formation
- 20 years
- since Oct 6, 2005
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 500
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 65,023,800
- NOK
- Annual total result 2024
- -61,467,035
- NOK
- Total equity 2024
- 102,568,264
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KS | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
MS | Chairman | - |
KS | Board Member | - |
GK 1974 | Board Member | - |
RN 1963 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Mar 11, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 250 | 50 % | |
| Ordinary shares | 250 | 50 % |
Shares owned by the M17 UTVIKLING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 65,023,800Operating profit 2024: NOK 34,025,668Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 65,023,800 | 203,505,000 | 771,234,951 | 1,466,867,000 |
Annual Total Result | -61,467,035 | 22,917,000 | 189,149,336 | 354,151,000 |
Total assets | 214,555,970 | 485,576,000 | 650,579,431 | 2,980,949,000 |
Total liabilities | 111,987,706 | 221,541,000 | 409,461,085 | 2,378,980,000 |
Total equity | 102,568,264 | 264,035,000 | 241,118,346 | 601,969,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 65,023,800 | 203,505,000 | 771,234,951 | 1,466,867,000 |
Total operating costs | 30,998,132 | 171,207,000 | 490,782,435 | 934,625,000 |
Operating result | 34,025,668 | 32,298,000 | 280,452,516 | 532,242,000 |
Financial income/costs | -50,322,719 | -2,033,000 | -37,953,367 | -78,202,000 |
Profit before tax | -16,297,051 | 30,265,000 | 242,499,149 | 454,040,000 |
Total tax & extraordinary income/cost | 45,169,984 | 7,348,000 | 53,349,813 | 99,889,000 |
Annual Total Result | -61,467,035 | 22,917,000 | 189,149,336 | 354,151,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 99,615,305 | 120,866,000 | 53,307,521 | 140,000 |
Total current assets | 114,940,665 | 364,710,000 | 597,271,910 | 2,980,809,000 |
Total assets | 214,555,970 | 485,576,000 | 650,579,431 | 2,980,949,000 |
Short term debt | 25,605,544 | 73,361,000 | 409,461,085 | 2,219,541,000 |
Long term debt | 86,382,162 | 148,180,000 | 0 | 159,439,000 |
Total liabilities | 111,987,706 | 221,541,000 | 409,461,085 | 2,378,980,000 |
Contributed capital | 25,840,480 | 25,840,000 | 25,840,480 | 25,840,000 |
Retained earnings | 76,727,784 | 238,195,000 | 215,277,866 | 576,129,000 |
Total equity | 102,568,264 | 264,035,000 | 241,118,346 | 601,969,000 |
Total equity and liabilities | 214,555,970 | 485,576,000 | 650,579,431 | 2,980,949,000 |
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