BIZTRAC BETA
COMPANY REGISTER PROFILE
988791091 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Construction of residential and non-residential buildings

SYSTEM1 AS

Org. no. 988791091 Limited company (AS) Sarpsborg Incorporated 2005 Active
Ownership graph ↗
Revenue 2025 NOK 100.7m
Operating profit NOK 4.4m
Equity NOK 17.1m
Incorporated 2005
Employees 37
Share capital NOK 100,000

Signals

1 flags
  • Ingen revisor Selskapet har ingen registrert revisor. Vanlig for små AS som har valgt bort revisjon, men verdt å merke seg.

SYSTEM1 AS is registered as a limited company in Sarpsborg, Østfold with organisation number 988791091. The business is classified under construction of residential and non-residential buildings (NACE 41.000). The company was incorporated in 2005 and has 37 registered employees. Registered share capital is NOK 100,000, divided into 300 shares. The company's stated purpose is: “Utføre håndverkstjenester til byggebransjen, herunder systeminnredninger, himlinger til tak og gulvsystem.”. The most recent filed accounts, for the 2025 financial year, show NOK 100.7m in revenue and NOK 4.4m in operating profit.

Former names: MULTIBYGG SARPSBORG AS

Key figures · 2025

Revenue
NOK 100.7m
▲ +1 %
Operating profit
NOK 4.4m
▼ −39 %
Equity
NOK 17.1m
▲ +37 %
Est. value
NOK 24.7m

Financial health · 2025

Liquidity
1.97
Good
Current assets ÷ current liabilities
Profitability
13.3%
Good
Return on total assets
Solidity
45.7%
Very good
Equity as a share of total capital

Who owns SYSTEM1 AS?

SYSTEM1 AS
NOK 100.7m rev. · NOK 4.4m profit

SYSTEM1 AS has 1 registered shareholder:

All shareholders and roles →

Group structure

SYSTEM1 AS er morselskap for 13 datterselskaper:

Frequently asked questions about SYSTEM1 AS

Who owns SYSTEM1 AS?

VIVIFY GRUPPEN AS is the largest registered owner, with 100.0%.

What is the revenue of SYSTEM1 AS?

SYSTEM1 AS had revenue of NOK 100.7m in 2025.

Who is the general manager of SYSTEM1 AS?

Lars-Petter Fog Rakstad is registered as general manager of SYSTEM1 AS.

Where is SYSTEM1 AS based?

SYSTEM1 AS has its business address in Grålum.

Property

Business address Ringtunveien 2, 1712 Grålum
Cadastral unit 3105-2048/56/0/0
Building Kontor- og administrasjonsbygning, rådhus · 1 unit

14 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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