LIFETIME IGNITION AS

Operating

Kjøp og salg av varer og tjenester innen olje- og gassindustrien, nasjonalt og globalt. Virksomheten kan også drives ved deltagelse i eller i samarbeid med andre foretagender med lignende virksomhet både innenlands og utenlands.

Kjøp og salg av varer og tjenester innen olje- og gassindustrien, nasjonalt og globalt. Selskapets kjerneaktivitet er ingeniørvirksomhet. Produksjon skal settes ut til underleverandører. Selskapet drives ved oppsøkende direktesalg.

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO: HL
Håvard Lund Bertheussen1974
Chairman of the board: ØL
Øystein Louie Halvorsen Selø1982
Years since formation: 7 years; since Nov 26, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 5

Ownership

Number of shares and share classes: 2,000; 1 share class
Total number of shareholders: 4; 3 companies, 1 person

Financials

Total operating income 2025: 13,141,003; NOK
Annual total result 2025: -1,027,173; NOK
Total equity 2025: 1,234,929; NOK

Last update: May 5, 2026

Management

Management / administration

Name	Role	Shares
HL Håvard Lund Bertheussen 1974	Managing Director/CEO	25 % indirectly

Board

Name	Role	Shares
ØL Øystein Louie Halvorsen Selø 1982	Chairman	25 % indirectly
ØY Øystein Ytrearne 1976	Board Member	25 % indirectly
JE Jan Egil Ytrearne 1947	Board Member	-
HL Håvard Lund Bertheussen 1974	Board Member	25 % indirectly

Others

Name	Role	Shares
V VEST REVISJON AS	Auditor	-
H HEADWIND ØKONOMI AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
ØL Øystein Louie Halvorsen Selø 1982	Chairman	25 % indirectly
ØY Øystein Ytrearne 1976	Board Member	25 % indirectly
HL Håvard Lund Bertheussen 1974	Managing Director/CEO, Board Member	25 % indirectly

Last update: Jan 30, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SELØ HOLDING AS	Ordinary shares	500	25 %
Y YTRISEN INVEST AS	Ordinary shares	500	25 %
H HDBNORGE AS	Ordinary shares	500	25 %
HO Holding Ou Maacon	Ordinary shares	500	25 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	13,141,003	20,030,854	13,966,780	9,688,430	9,174,950
Annual Total Result	-1,027,173	1,292,488	1,706,903	-362,014	391,981
Total assets	5,668,483	6,340,271	4,481,100	6,228,482	4,294,725
Total liabilities	4,433,554	4,078,169	3,511,485	6,965,770	4,669,998
Total equity	1,234,929	2,262,102	969,615	-737,288	-375,274

P&L

Year	2025	2024	2023	2022	2021
Total operating income	13,141,003	20,030,854	13,966,780	9,688,430	9,174,950
Total operating costs	14,087,732	18,427,196	12,029,419	9,908,921	8,642,554
Operating result	-946,729	1,603,657	1,937,361	-220,491	532,396
Financial income/costs	-80,444	-123,236	-230,458	-141,523	-140,415
Profit before tax	-1,027,173	1,480,422	1,706,903	-362,014	391,981
Total tax & extraordinary income/cost	0	187,934	0	0	0
Annual Total Result	-1,027,173	1,292,488	1,706,903	-362,014	391,981

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	19,390	31,196	76,342	111,136	79,059
Total current assets	5,649,093	6,309,075	4,404,758	6,117,346	4,215,666
Total assets	5,668,483	6,340,271	4,481,100	6,228,482	4,294,725
Short term debt	4,433,554	4,078,169	1,948,986	6,965,770	4,669,998
Long term debt	0	0	1,562,500	0	0
Total liabilities	4,433,554	4,078,169	3,511,485	6,965,770	4,669,998
Contributed capital	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000
Retained earnings	-765,071	262,102	-1,030,385	-2,737,288	-2,375,274
Total equity	1,234,929	2,262,102	969,615	-737,288	-375,274
Total equity and liabilities	5,668,483	6,340,271	4,481,100	6,228,482	4,294,724

Classification

21st company classification

BETA

Small company

LIFETIME IGNITION AS923 779 973