BIZTRAC BETA
COMPANY REGISTER PROFILE
916878575 ORG. NO. 2025 ACCOUNTS 8 SECTIONS
Active UPDATED 02.09.2026
Electrical installation

PROCEED AS

Org. no. 916878575 Limited company (AS) Askøy Incorporated 2016 Active
Ownership graph ↗
Revenue 2025 NOK 11.3m
Operating profit NOK −576,000
Equity NOK 975,000
Incorporated 2016
Employees 6
Share capital NOK 40,000

Signals

1 flags
  • Driftsunderskudd 2025 Siste driftsresultat er negativt (−576k kr).

PROCEED AS is registered as a limited company in Askøy, Vestland with organisation number 916878575. The business is classified under electrical installation (NACE 43.210). The company was incorporated in 2016 and has 6 registered employees. Registered share capital is NOK 40,000, divided into 1000 shares. The company's stated purpose is: “Bedriftsutvikling, sikkerhetssystemer, lavspenningsinstallasjoner og annet som naturlig faller sammen med dette.”. The most recent filed accounts, for the 2025 financial year, show NOK 11.3m in revenue and NOK −576,000 in operating profit.

Key figures · 2025

Revenue
NOK 11.3m
▲ +20 %
Operating profit
NOK −576,000
▼ −135 %
Equity
NOK 975,000
▼ −43 %
Est. value
NOK 1.2m

Financial health · 2025

Liquidity
1.46
Satisfactory
Current assets ÷ current liabilities
Profitability
-10.3%
Not satisfactory
Return on total assets
Solidity
18.6%
Good
Equity as a share of total capital

Who owns PROCEED AS?

PROCEED AS
NOK 11.3m rev. · NOK −576,000 profit

PROCEED AS has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about PROCEED AS

Who owns PROCEED AS?

GLEN THOMAS HAUGLAND is the largest registered owner, with 100.0%.

What is the revenue of PROCEED AS?

PROCEED AS had revenue of NOK 11.3m in 2025.

Who is the general manager of PROCEED AS?

Glen Thomas Haugland is registered as general manager of PROCEED AS.

Where is PROCEED AS based?

PROCEED AS has its business address in Strusshamn.

Property

Business address Engevikvegen 131, 5302 Strusshamn
Cadastral unit 4627-10/23/0/0
Building Lagerhall · 1 unit

5 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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