PETER LØVAAS TRANSPORT AS • 980899756 • Kristiansand s • Land transport and transport via pipelines

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/ 49.410 Freight transport by road

PETER LØVAAS TRANSPORT AS

Keywords

rentaltruckswith driverfreight transport

Organization

CEO: RM
Rune Midtstøl1966
Chairman of the board: OR
Ole Roar Vigeland Larsen1961
Years since formation: 26 years; since Aug 31, 1999
Type: Limited company
VAT registered: Yes
Number of employees: 67

Ownership

Number of shares and share classes: 21,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2024: 136,652,098; NOK
Annual total result 2024: 8,463,008; NOK
Total equity 2024: 44,306,221; NOK

Last update: May 14, 2025

Management

Management / administration

Name	Role	Shares
RM Rune Midtstøl 1966	Managing Director/CEO	16.38 % indirectly

Board

Name	Role	Shares
OR Ole Roar Vigeland Larsen 1961	Chairman	25 % indirectly
TA Thor Asbjørn Vigeland Larsen 1966	Alternate Member	25 % indirectly
FM Frode Midtstøl 1964	Alternate Member	16.38 % indirectly
RM Rune Midtstøl 1966	Board Member	16.38 % indirectly

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
OR Ole Roar Vigeland Larsen 1961	Chairman	25 % indirectly
TA Thor Asbjørn Vigeland Larsen 1966	Alternate Member	25 % indirectly
AM Arne Midtstøl 1934	-	17.24 % indirectly
RM Rune Midtstøl 1966	Managing Director/CEO, Board Member	16.38 % indirectly
FM Frode Midtstøl 1964	Alternate Member	16.38 % indirectly

Last update: Feb 20, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M MIDTSTØL TRANSPORT AS	Ordinary shares	10,500	50 %
M MBT VIGELAND AS	Ordinary shares	10,500	50 %

Shares owned by the PETER LØVAAS TRANSPORT AS

Name	Share class	Total number of shares	Share
R RH RENOVASJON AS	Ordinary shares	800	80 %
R RETURA SØR AS	Ordinary shares	44	25.14 %

Last update: May 24, 2024

Group structure

PETER LØVAAS TRANSPORT AS
Total operating income 2024: NOK 136,652,098
Operating profit 2024: NOK 11,741,517
Employees: 67

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	136,652,098	125,326,861	117,588,264
Annual Total Result	8,463,008	9,876,937	5,585,929
Total assets	80,783,285	63,636,978	55,417,849
Total liabilities	36,477,067	27,793,765	29,451,572
Total equity	44,306,221	35,843,213	25,966,277

P&L

Year	2024	2023	2022
Total operating income	136,652,098	125,326,861	117,588,264
Total operating costs	124,910,581	112,367,151	110,040,600
Operating result	11,741,517	12,959,710	7,547,664
Financial income/costs	-881,454	-293,520	-368,261
Profit before tax	10,860,063	12,666,190	7,179,403
Total tax & extraordinary income/cost	2,397,055	2,789,253	1,593,474
Annual Total Result	8,463,008	9,876,937	5,585,929

Balance overview

Year	2024	2023	2022
Total fixed assets	55,131,072	36,264,059	29,777,933
Total current assets	25,652,213	27,372,919	25,639,916
Total assets	80,783,285	63,636,978	55,417,849
Short term debt	19,939,763	19,453,917	18,944,607
Long term debt	16,537,304	8,339,848	10,506,965
Total liabilities	36,477,067	27,793,765	29,451,572
Contributed capital	2,100,000	2,100,000	2,100,000
Retained earnings	42,206,221	33,743,213	23,866,277
Total equity	44,306,221	35,843,213	25,966,277
Total equity and liabilities	80,783,288	63,636,978	55,417,849

Classification

Category

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

H

Main industrial area

Transportation and storage

49

Activity

Land transport and transport via pipelines

49.4

Main industrial group

Freight transport by road and removal services

49.41

Industrial group

Freight transport by road

49.410

Industrial group

Freight transport by road