Private limited company · Larvik
NORTH SEA STONE INDUSTRY AS
ActiveQuarrying of ornamental stone, limestone, gypsum, slate and other stone (08.110)
The life line 1997–2026
Operating revenue per year, with recorded events above. As a table
Operating revenue 2025: NOK 18.5m.
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
NORTH SEA STONE INDUSTRY AS is a private limited company in Larvik, founded in 1996, in the industry quarrying of ornamental stone, limestone, gypsum, slate and other stone. The chief executive is Frank Nordby, and the chair of the board is Frank Nordby. In 2025 the company had NOK 18.5m in operating revenue and a net profit of NOK 1.7m. The largest owner is LUNDHS AS with 67.0%.
Put together by Intelligo from the sections below; each figure stands with its source where it belongs.
Overview
§ 01 Latest changes
4 changes, latest 16 Jul 2026
- Annual accounts filed 2024 → 2025
- Godkjent årsregnskap
- Endring av revisor
- Endring av styre
Source: the Brønnøysund Register Centre and Intelligo's own observations, fetched 15 Nov 2026 · All events →
Overview
§ 02 Worth knowing
2 points
- NoteChanged auditor 2 May 2026
- OKEquity ratio 69.6%, above the industry median
Assumed: derived by Intelligo by fixed rules, not a credit rating. How we calculate
Overview
§ 03 Key figures
Revenue NOK 18.5m in 2025
Revenue
NOK 18.5m
+48.8% from 2024
20232025
Operating profit
NOK 2.1m
+307.3% from 2024
20232025
Net profit
NOK 1.7m
+324.9% from 2024
20232025
Equity
NOK 11.6m
+17.3% 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 2025
Of every krone of operating revenue in 2025:
- Wages and social costs 21%
- Depreciation 4%
- Other operating costs 61%
- Not specified in the source 2%
- Left as operating result 12%
Source: the Register of Company Accounts via areg.no, read 15 Nov 2026
Finances
§ 05 Financial health
Equity ratio 69.6%
- NORTH SEA STONE INDUSTRY AS, 2025
- Industry median, assumed: NOK 4.9m · 4.7% · 41.5% · +1.3%
Equity NOK 11.6m70% of the assets (NOK 16.7m)
Source: the Register of Company Accounts, read 15 Nov 2026. The median is derived by Intelligo from 165 companies in 08.110 Quarrying of ornamental stone, limestone, gypsum, slate and other stone, not stated by the source.
Finances
§ 06 Accounts
28 years, latest 2025
| NOK 1,000 | 2023–25 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Operating revenue | 18,485 | 12,422 | 14,303 | |
| Operating profit | 2,139 | −1,032 | 1,560 | |
| Profit before tax | 2,195 | −971 | 1,612 | |
| Net profit | 1,710 | −760 | 1,255 | |
| Total assets | 16,679 | 13,802 | 16,988 | |
| Equity | 11,602 | 9,892 | 10,652 | |
| Liabilities | 5,077 | 3,910 | 6,336 |
Source: the Register of Company Accounts, read 15 Nov 2026 · All 28 years →
Management and ownership
§ 07 Officers
6 officers now
- Frank NordbyChief executive since 2025
- Frank NordbyChair of the board since 2025
- CEDRA NORGE ASAuditor since 2026
- Sverre GarpestadBoard member since 2001
- Marius TorblåBoard member since 2025
- Øyvind LangemyrDeputy board member since 2011
Source: the Brønnøysund Register Centre, read 23 Oct 2026 · All 6 roles, former ones too →
Management and ownership
§ 08 Signature, procuration and authorisations
Styrets leder og ett styremedlem i fellesskap.
May sign for the company:
Styrets leder og ett styremedlem i fellesskap.
Procuration: none registered.
The signature is word for word from the register. Source: the Register of Business Enterprises, read 23 Aug 2026
Management and ownership
§ 09 Owners
2 shareholders · largest 67.0%
| Owner | Share |
|---|---|
| LUNDHS AS | 67.0% |
| B & G HOLDING AS | 33.0% |
Source: the Tax Administration's Register of Shareholders as of 31 December 2025, read 31 Jul 2026 · All 2 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
56 connections
- Person
- Company
4 people link NORTH SEA STONE INDUSTRY AS to 37 other companies: Sverre Garpestad 22, Frank Nordby 10, Øyvind Langemyr 9 and Marius Torblå 6.
Source: the Brønnøysund Register Centre, read 23 Oct 2026 · Explore the network →
Events and registers
§ 13 Events
22 since 2015
Events per year
20152026
Since 2015: 50 announcements and 1 register change. Most happened in 2018 and 2025.
Source: the announcements of the Brønnøysund Register Centre, the Tax Administration's Register of Shareholders, Doffin, TED and NAV, read 2 Nov 2026. Register changes are Intelligo's own observations. · All 22 events →
Events and registers
§ 14 Notices
50, latest 14 Jul 2026
- Godkjente årsregnskap
- Revisor
- Revisor
Source: The Brønnøysund Register Centre's announcements ↗, read 2 Nov 2026 · All 50 →
Events and registers
§ 15 Charges
Not fetched yet
Events and registers
§ 16 Other registers
Found in 3 of 7
- The Central Coordinating RegisterRegistered 29 May 1996
- VATRegistered
- The Register of Business EnterprisesRegistered 27 Jun 1996
- 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: Produksjon av blokksten i anartositt og annen industriell virksomhet og handel.
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 08.110
The companies most like it:
Compare themThe 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 NORTH SEA STONE INDUSTRY AS?
Frank Nordby, since 2025. § 07 - Who owns NORTH SEA STONE INDUSTRY AS?
2 shareholders. The largest is LUNDHS AS with 67.0% and B & G HOLDING AS with 33.0%. § 09 - What was the revenue in 2025?
NOK 18.5m in the company. § 06 - Who can sign for NORTH SEA STONE INDUSTRY AS?
Styrets leder og ett styremedlem i fellesskap. § 08 - Who is the auditor?
CEDRA NORGE AS, from 2 May 2026. § 07 - Where is NORTH SEA STONE INDUSTRY AS based?
Kanalgata 59, 3263 Larvik. - When was NORTH SEA STONE INDUSTRY AS founded?
19 Mar 1996, registered in the Register of Business Enterprises 27 Jun 1996. § 16
The answers come from the sections linked to, with their sources.