NOREX MARKET AS
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Organization
- CEO
- MC
Michael Chen1982
- Chairman of the board
- WZ
Wenqi Zhang1979
- Years since formation
- 4 years
- since Feb 12, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 17
Ownership
- Number of shares and share classes
- 600,000
- 1 share class
- Total number of shareholders
- 7
- 4 companies, 3 persons
Financials
- Total operating income 2024
- 8,016,284
- NOK
- Annual total result 2024
- 234,881
- NOK
- Total equity 2024
- 1,217,897
- NOK
Last update: Sep 9, 2025
Management
Management / administration
Name | Role | Shares |
---|---|---|
MC 1982 | Managing Director/CEO | 14.72 % indirectly |
Board
Name | Role | Shares |
---|---|---|
WZ 1979 | Chairman | 18.8 % indirectly |
MC 1982 | Board Member | 14.72 % indirectly |
XC 1987 | Board Member | 20.06 % directly |
HH 1986 | Board Member | 5.73 % directly |
ZL 1986 | Board Member | 17.2 % directly |
JG 1994 | Board Member | 3.44 % indirectly |
Others
Name | Role | Shares |
---|---|---|
Accountant | - | |
Auditor | - |
Top 10 individual shareholders
Name | Role | Shares |
---|---|---|
XC 1987 | Board Member | 20.06 % directly |
WZ 1979 | Chairman | 18.8 % indirectly |
ZL 1986 | Board Member | 17.2 % directly |
MC 1982 | Managing Director/CEO, Board Member | 14.72 % indirectly |
YX 1986 | - | 9.81 % indirectly |
HH 1986 | Board Member | 5.73 % directly |
JG 1994 | Board Member | 3.44 % indirectly |
ZL 1990 | - | 3.44 % indirectly |
LS 1966 | - | 2 % indirectly |
Last update: Aug 6, 2024
Ownership
Company shareholders
Name | Share class | Total number of shares | Share |
---|---|---|---|
Ordinary shares | 137,579 | 22.93 % | |
XC 1987 | Ordinary shares | 120,382 | 20.06 % |
ZL 1986 | Ordinary shares | 103,185 | 17.2 % |
Ordinary shares | 103,185 | 17.2 % | |
Ordinary shares | 60,000 | 10 % | |
Ordinary shares | 41,274 | 6.88 % | |
HH 1986 | Ordinary shares | 34,395 | 5.73 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
Year | 2024 | 2023 | 2022 |
---|---|---|---|
Total operating income | 8,016,284 | 7,227,716 | 3,714,771 |
Annual Total Result | 234,881 | -680,180 | 27,902 |
Total assets | 1,800,765 | 1,615,753 | 454,428 |
Total liabilities | 582,868 | 632,736 | 361,228 |
Total equity | 1,217,897 | 983,016 | 93,201 |
P&L
Year | 2024 | 2023 | 2022 |
---|---|---|---|
Total operating income | 8,016,284 | 7,227,716 | 3,714,771 |
Total operating costs | 7,774,893 | 7,907,708 | 3,678,996 |
Operating result | 241,390 | -679,992 | 35,775 |
Financial income/costs | -6,509 | -188 | -3 |
Profit before tax | 234,881 | -680,180 | 35,772 |
Total tax & extraordinary income/cost | 0 | 0 | 7,870 |
Annual Total Result | 234,881 | -680,180 | 27,902 |
Balance overview
Year | 2024 | 2023 | 2022 |
---|---|---|---|
Total fixed assets | 526,875 | 56,242 | 0 |
Total current assets | 1,273,890 | 1,559,511 | 454,428 |
Total assets | 1,800,765 | 1,615,753 | 454,428 |
Short term debt | 542,868 | 582,736 | 361,228 |
Long term debt | 40,000 | 50,000 | 0 |
Total liabilities | 582,868 | 632,736 | 361,228 |
Contributed capital | 1,629,996 | 1,629,996 | 60,000 |
Retained earnings | -412,099 | -646,980 | 33,201 |
Total equity | 1,217,897 | 983,016 | 93,201 |
Total equity and liabilities | 1,800,765 | 1,615,752 | 454,429 |
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