BIZTRAC BETA
Development of building projects

KORINORD AS

Org. no. 990541515 Limited company (AS) Fauske Incorporated 2006 Active
Ownership graph ↗
Revenue 2024 NOK 30,000
Operating profit NOK −187,000
Equity NOK −2.2m
Incorporated 2006
Share capital NOK 100,000

Signals

2 flags
  • Negativ egenkapital 2024 Bokført egenkapital er negativ (−2,2 mill kr).
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−187k kr).

KORINORD AS is registered as a limited company in Fauske, Nordland with organisation number 990541515. The business is classified under development of building projects (NACE 68.120). The company was incorporated in 2006. Registered share capital is NOK 100,000, divided into 100000 shares. The company's stated purpose is: “Utvikle, kjøp og salg av eiendommer og det som står i naturlig tilknytning til dette. Selskapet skal også investere i andre selskaper og verdipapirer.”. The most recent filed accounts, for the 2024 financial year, show NOK 30,000 in revenue and NOK −187,000 in operating profit.

Key figures · 2024

Revenue
NOK 30,000
Operating profit
NOK −187,000
Equity
NOK −2.2m

Financial health · 2024

Liquidity
1.52
Good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
-701.6%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns KORINORD AS?

TOR ALLAN FURNES
KORINORD AS
NOK 30,000 rev. · NOK −187,000 profit

KORINORD AS has 7 registered shareholders:

All shareholders and roles →

Which companies does KORINORD AS own?

KORINORD AS holds stakes in 4 companies:

See the full ownership structure →

Frequently asked questions about KORINORD AS

Who owns KORINORD AS?

TOR ALLAN FURNES is the largest registered owner, with 71.0%.

What is the revenue of KORINORD AS?

KORINORD AS had revenue of NOK 30,000 in 2024.

Who is the general manager of KORINORD AS?

Tor Allan Furnes is registered as general manager of KORINORD AS.

Where is KORINORD AS based?

KORINORD AS has its business address in Valnesfjord.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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