MIDSUND INDUSTRISERVICE AS • 924984511 • Midsund • Manufacture of fabricated metal products, except machinery and equipment

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Industry and manufacturing

MIDSUND INDUSTRISERVICE AS

Keywords

productionmetal framesbuilding skeletonstowersmaststrussesbridgesprefabricated buildingsreading shedsexhibition halls

Organization

CEO: OS
Ole Ståle Sandnes1967
Chairman of the board: PF
Per Frank Haugen1964
Years since formation: 5 years; since Apr 27, 2020
Type: Limited company
VAT registered: Yes
Number of employees: 16

Ownership

Number of shares and share classes: 36,000; 1 share class
Total number of shareholders: 5; 1 company, 4 persons

Financials

Total operating income 2023: 57,120,838; NOK
Annual total result 2023: 9,242,414; NOK
Total equity 2023: 15,408,605; NOK

Last update: Dec 12, 2024

Management

Management / administration

Name	Role	Shares
OS Ole Ståle Sandnes 1967	Managing Director/CEO	20 % indirectly

Board

Name	Role	Shares
PF Per Frank Haugen 1964	Chairman	20 % directly
OS Ole Ståle Sandnes 1967	Deputy Chair	20 % indirectly
SH Sten Haugen 1966	Board Member	20 % directly
RH Rostislav Haruda 1987	Board Member	20 % directly
KA Kurt Arve Haugen 1973	Board Member	20 % directly

Others

Name	Role	Shares
K KPMG AS	Auditor	-
S SPAREBANK 1 REGNSKAPSHUSET SMN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
OS Ole Ståle Sandnes 1967	Managing Director/CEO, Deputy Chair	20 % indirectly
SH Sten Haugen 1966	Board Member	20 % directly
KA Kurt Arve Haugen 1973	Board Member	20 % directly
RH Rostislav Haruda 1987	Board Member	20 % directly
PF Per Frank Haugen 1964	Chairman	20 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
S SANDNES O HOLDING AS	Ordinary shares	7,200	20 %
KA Kurt Arve Haugen 1973	Ordinary shares	7,200	20 %
PF Per Frank Haugen 1964	Ordinary shares	7,200	20 %
RH Rostislav Haruda 1987	Ordinary shares	7,200	20 %
SH Sten Haugen 1966	Ordinary shares	7,200	20 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	57,120,838	33,672,521	16,011,404
Annual Total Result	9,242,414	4,783,603	5,002,427
Total assets	31,704,440	24,065,570	12,894,609
Total liabilities	16,295,835	13,299,379	4,500,022
Total equity	15,408,605	10,766,191	8,394,587

P&L

Year	2023	2022	2021
Total operating income	57,120,838	33,672,521	16,011,404
Total operating costs	45,383,873	27,762,786	9,686,841
Operating result	11,736,965	5,909,735	6,324,563
Financial income/costs	119,451	223,642	91,625
Profit before tax	11,856,416	6,133,376	6,416,188
Total tax & extraordinary income/cost	2,614,002	1,349,773	1,413,761
Annual Total Result	9,242,414	4,783,603	5,002,427

Balance overview

Year	2023	2022	2021
Total fixed assets	1,882,832	2,226,167	2,308,167
Total current assets	29,821,608	21,839,403	10,586,442
Total assets	31,704,440	24,065,570	12,894,609
Short term debt	15,566,417	12,995,393	4,155,574
Long term debt	729,418	303,986	344,448
Total liabilities	16,295,835	13,299,379	4,500,022
Contributed capital	7,548,461	180,000	180,000
Retained earnings	7,860,144	10,586,191	8,214,587
Total equity	15,408,605	10,766,191	8,394,587
Total equity and liabilities	31,704,440	24,065,570	12,894,609

Classification

Category

Industry and manufacturing

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

C

Main industrial area

Manufacturing

25

Activity

Manufacture of fabricated metal products, except machinery and equipment

25.1

Main industrial group

Manufacture of structural metal products

25.11

Industrial group

Manufacture of metal structures and parts of structures

25.110

Industrial group

Manufacture of metal structures and parts of structures