NORCHEM LWO HOLDING AS • 925884634 • Bergen

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NORCHEM LWO HOLDING AS

Organization

Chairman of the board: LW
Laurence Ward Odfjell1965
Years since formation: 5 years; since Nov 2, 2020
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 2,900; 2 share classes
Total number of shareholders: 3; 1 company, 2 persons
Belongs to group of

Financials

Annual total result 2024: 5,786,007; NOK
Total equity 2024: 186,079,498; NOK

Last update: Sep 9, 2025

Management

Board

Name	Role	Shares
LW Laurence Ward Odfjell 1965	Chairman	33.67 % directly 33 % indirectly 0.67 %
TS Torgeir Steinhaug 1972	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
LW Laurence Ward Odfjell 1965	Chairman	33.67 % directly 33 % indirectly 0.67 %

Last update: Jul 9, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
P PUZZLE AS	Class B shares	1,943	67 %
LW Laurence Ward Odfjell 1965	Class B shares	956	32.97 %
LW Laurence Ward Odfjell 1965	A-shares	1	0.03 %

Shares owned by the NORCHEM LWO HOLDING AS

Name	Share class	Total number of shares	Share
O ODFJELL SE	NO0003399917	563,012	0.71 %

Last update: Jun 2, 2025

Group structure

PUZZLE AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -51,591
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2020
Total operating income	0	0	0	0
Annual Total Result	5,786,007	1,935,981	-77,206	-99,318
Total assets	234,345,191	222,408,239	179,153,333	179,103,965
Total liabilities	48,265,693	42,114,748	195,824	69,250
Total equity	186,079,498	180,293,491	178,957,509	179,034,715

P&L

Year	2024	2023	2022	2020
Total operating income	0	0	0	0
Total operating costs	79,560	74,846	73,400	99,318
Operating result	-79,560	-74,846	-73,400	-99,318
Financial income/costs	5,865,567	2,010,827	-3,806	0
Profit before tax	5,786,007	1,935,981	-77,206	-99,318
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	5,786,007	1,935,981	-77,206	-99,318

Balance overview

Year	2024	2023	2022	2020
Total fixed assets	231,832,689	219,847,189	179,102,133	179,102,133
Total current assets	2,512,502	2,561,050	51,200	1,832
Total assets	234,345,191	222,408,239	179,153,333	179,103,965
Short term debt	7,625	802,852	195,824	69,250
Long term debt	48,258,068	41,311,896	0	0
Total liabilities	48,265,693	42,114,748	195,824	69,250
Contributed capital	179,134,033	179,134,033	179,134,033	179,134,033
Retained earnings	6,945,465	1,159,458	-176,524	-99,318
Total equity	186,079,498	180,293,491	178,957,509	179,034,715
Total equity and liabilities	234,345,191	222,408,239	179,153,333	179,103,965

Classification

Type of organization

Limited company