Intelligo

Private limited company · Aurland

GUDVANGEN UTVIKLING AS

ActiveActivities of excursion and event organisers (79.121)

Founded
17 Nov 2014
Employees
21
Chief executive
Frode Aas Tufte
Business address
5747 Gudvangen

The life line 2014–2026

Operating revenue per year, with recorded events above. As a table

Operating revenue 2025: NOK 25.8m.

  1. Kapital§ 14
  2. Managing director took office§ 07
  3. Chair took office§ 07
  4. Founded§ 16

Sources: the Register of Company Accounts (company accounts), fetched 15 Nov 2026; the Brønnøysund Register Centre. Each event has the colour of the section it is in.

In brief

GUDVANGEN UTVIKLING AS is a private limited company in Aurland, founded in 2014, in the industry activities of excursion and event organisers. The chief executive is Frode Aas Tufte, and the chair of the board is Torill Anne Haug Hylland. In 2025 the company had NOK 25.8m in operating revenue and a net profit of NOK 4.2m. The largest owner is GUDVANGEN HOTELLDRIFT AS with 29.6%.

Put together by Intelligo from the sections below; each figure stands with its source where it belongs.

Overview

§ 01 Latest changes

4 changes, latest 12 Nov 2026

  • Number of employees 26 → 21
  • Annual accounts filed 2024 → 2025
  • Godkjent årsregnskap
  • Number of employees 29 → 26

Source: the Brønnøysund Register Centre and Intelligo's own observations, fetched 15 Nov 2026 · All events →

Overview

§ 02 Worth knowing

1 point

  • NoteNegative equity in 2025

Assumed: derived by Intelligo by fixed rules, not a credit rating. How we calculate

Overview

§ 03 Key figures

Revenue NOK 25.8m in 2025

Revenue

NOK 25.8m

+27.1% from 2024

20232025

Operating profit

NOK 6.8m

−15.9% from 2024

20232025

Net profit

NOK 4.2m

−15.6% from 2024

20232025

Equity

NOK −10.4m

+28.8% from 2024

20232025

Source: the Register of Company Accounts, read 15 Nov 2026 · The full accounts →

Finances

§ 04 Where the money comes from and goes

Financial year 2024

Of every krone of operating revenue in 2024:

  • Wages and social costs 33%
  • Depreciation 8%
  • Other operating costs 10%
  • Not specified in the source 9%
  • Left as operating result 40%

Source: the Register of Company Accounts via areg.no, read 15 Nov 2026

Finances

§ 05 Financial health

Equity ratio 0.0%

RevenueNOK 25.8m Operating margin26.2% Equity ratio−38.5% Revenue growth+27.1%
  • GUDVANGEN UTVIKLING AS, 2025
  • Industry median, assumed: NOK 935k · 2.6% · 30.4% · +3.8%

Equity NOK −10.4m0% of the assets (NOK 27.0m)

Source: the Register of Company Accounts, read 15 Nov 2026. The median is derived by Intelligo from 796 companies in 79.121 Activities of excursion and event organisers, not stated by the source.

Finances

§ 06 Accounts

12 years, latest 2025

NOK 1,0002023–25202520242023
Operating revenue25,83720,33215,437
Operating profit6,7828,0624,565
Profit before tax4,2074,9812,229
Net profit4,2074,9812,229
Total assets27,03228,19226,049
Equity−10,410−14,617−19,598
Liabilities37,44242,80845,647

Source: the Register of Company Accounts, read 15 Nov 2026 · All 12 years →

Management and ownership

§ 07 Officers

9 officers now

The board: 5 members

Source: the Brønnøysund Register Centre, read 22 Oct 2026 · All 9 roles, former ones too →

Management and ownership

§ 08 Signature, procuration and authorisations

Styrets leder alene.

May sign for the company:

Styrets leder alene.

Procuration: none registered.

The signature is word for word from the register. Source: the Register of Business Enterprises, read 2 Oct 2026

Management and ownership

§ 09 Owners

4 shareholders · largest 29.6%

OwnerShare
GUDVANGEN HOTELLDRIFT AS
29.6%
FTW AS
20.0%
GUDVANGEN STEIN AS
5.8%
1 others44.6%

Source: the Tax Administration's Register of Shareholders as of 31 December 2025, read 31 Jul 2026 · All 4 owners →

Management and ownership

§ 10 Group

None registered

Not a group.No subsidiaries in the shareholder register, and no group accounts. Checked 15 Nov 2026.

Management and ownership

§ 11 Portfolio

None registered

No holdings registered.The shareholder register has no shares held by the company. Checked 15 Nov 2026.

Management and ownership

§ 12 Network

15 connections

  • Person
  • Company

5 people link GUDVANGEN UTVIKLING AS to 11 other companies: Lene Hagen 5, Frode Aas Tufte 2, Olav Hylland 2, Tor Eirik Stalheim 2 and Torill Anne Haug Hylland 2.

Source: the Brønnøysund Register Centre, read 22 Oct 2026 · Explore the network →

Events and registers

§ 13 Events

34 since 2015

Events per year

20152026

  • Notices28
  • Register changes7

Since 2015: 28 announcements and 7 register changes. Most happened in 2015 and 2026.

Source: the announcements of the Brønnøysund Register Centre, the Tax Administration's Register of Shareholders, Doffin, TED and NAV, read 1 Nov 2026. Register changes are Intelligo's own observations. · All 34 events →

Events and registers

§ 14 Notices

28, latest 21 Oct 2026

  • Godkjente årsregnskap
  • Godkjente årsregnskap
  • Godkjente årsregnskap

Source: The Brønnøysund Register Centre's announcements ↗, read 1 Nov 2026 · All 28 →

Events and registers

§ 15 Charges

Not fetched yet

Events and registers

§ 16 Other registers

Found in 3 of 7

  • The Central Coordinating RegisterRegistered 25 Nov 2014
  • VATRegistered
  • The Register of Business EnterprisesRegistered 25 Nov 2014
  • The Cleaning RegisterNot registered
  • The Register of Staffing AgenciesNot registered
  • Smiley scheme, the Norwegian Food Safety AuthorityNot registered
  • The Financial Supervisory Authority's licence registerNot registered

Purpose: Gudvangen Utvikling AS har som formål å drive turistrettede aktiviteter i Nærøyområdet.

Source: the Brønnøysund Register Centre, the Labour Inspection Authority, the Food Safety Authority and the Financial Supervisory Authority, each on its own, fetched 15 Nov 2026

Market

§ 17 Tenders

None registered

No tenders recorded.No public tenders won, lost or announced, in Doffin or TED. Checked 15 Nov 2026.

Market

§ 18 Vacancies

None registered

No vacancies.No open ads at NAV. Checked 15 Nov 2026.

Market

§ 19 Competitors

Industry code 79.121

The companies most like it:

Compare them

The selection is Intelligo's, not stated by the source: companies met in tenders and winners of tenders of the same kind, otherwise the same industry code, nearest in place and size. Source: the Brønnøysund Register Centre, Doffin and TED, fetched 15 Nov 2026 · All competitors → · Largest in the industry →

Last

§ 20 Questions and answers

7 questions

  • Who is the chief executive of GUDVANGEN UTVIKLING AS?
    Frode Aas Tufte, since 2017. § 07
  • Who owns GUDVANGEN UTVIKLING AS?
    4 shareholders. The largest is GUDVANGEN HOTELLDRIFT AS with 29.6%, FTW AS with 20.0% and GUDVANGEN STEIN AS with 5.8%. § 09
  • What was the revenue in 2025?
    NOK 25.8m in the company. § 06
  • Who can sign for GUDVANGEN UTVIKLING AS?
    Styrets leder alene. § 08
  • Who is the auditor?
    ICI REVISJON AS, from 25 Jan 2024. § 07
  • Where is GUDVANGEN UTVIKLING AS based?
    5747 Gudvangen.
  • When was GUDVANGEN UTVIKLING AS founded?
    17 Nov 2014, registered in the Register of Business Enterprises 25 Nov 2014. § 16

The answers come from the sections linked to, with their sources.

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