BIZTRAC BETA
Development of building projects

FOUNDATION AS

Org. no. 991812067 Limited company (AS) Midt-Telemark Incorporated 2007 Active
Ownership graph ↗
Revenue 2025 NOK 50,000
Operating profit NOK 7,000
Equity NOK −34,000
Incorporated 2007
Share capital NOK 140,000

Signals

1 flags
  • Negativ egenkapital 2025 Bokført egenkapital er negativ (−34k kr).

FOUNDATION AS is registered as a limited company in Midt-Telemark, Telemark with organisation number 991812067. The business is classified under development of building projects (NACE 68.120). The company was incorporated in 2007. Registered share capital is NOK 140,000, divided into 100 shares. The company's stated purpose is: “Investering og utvikling av eiendom og andre ting som naturlig faller sammen med dette, herunder å delta i andre selskaper med lignende virksomhet, kjøp og salg av aksjer, eller på annen måte gjøre seg interessert i andre foretagender.”. The most recent filed accounts, for the 2025 financial year, show NOK 50,000 in revenue and NOK 7,000 in operating profit.

Key figures · 2025

Revenue
NOK 50,000
Operating profit
NOK 7,000
Equity
NOK −34,000
Est. value
NOK 73,000

Financial health · 2025

Liquidity
0.86
Weak
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
-3.9%
Weak
Equity as a share of total capital

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

Who owns FOUNDATION AS?

HANS OLAV BAKÅS
FOUNDATION AS
NOK 50,000 rev. · NOK 7,000 profit

FOUNDATION AS has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about FOUNDATION AS

Who owns FOUNDATION AS?

HANS OLAV BAKÅS is the largest registered owner, with 100.0%.

What is the revenue of FOUNDATION AS?

FOUNDATION AS had revenue of NOK 50,000 in 2025.

Where is FOUNDATION AS based?

FOUNDATION AS has its business address in Bø I Telemark.

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

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