MUST AS
MUST AS is registered as a limited company in Oslo, Oslo with organisation number 933542084. The business is classified under retail sale of books (NACE 47.610). The company was incorporated in 1968. Registered share capital is NOK 1.1m, divided into 10150 shares. The company's stated purpose is: “Handel, økonomisk konsulentvirksomhet, investeringer i aksjer, verdipapirer, fast eiendom og skip, samt deltakese i andre selskaper.”. The most recent filed accounts, for the 2025 financial year, show NOK 155.9m in revenue and NOK 140.8m in operating profit.
Former names: ERIK MUST AS, MUST HOLDING AS
Key figures · 2025
Financial health · 2025
Who owns MUST AS?
MUST AS has 6 registered shareholders:
- Trine Must 39.8%
- Erik Christian Must 39.7%
- FONDSFORMIDLING AS 9.4%
- AS FONDAL 9.4%
- MUST AS 1.2%
- Erik Must 0.4%
Which companies does MUST AS own?
MUST AS holds stakes in 8 companies:
- NORSK VEKST AS 100.0%
- FONDSAVANSE AS 100.0%
- MUST INVEST AS 100.0%
- FONDSFINANS KAPITALFORVALTNING AS 100.0%
- FONDSFINANS AS 100.0%
- GYLDENDAL ASA 85.9%
- NORNE SECURITIES AS 2.9%
- MUST AS 1.2%
Group structure
MUST AS er morselskap for 1 datterselskap:
- FONDSFINANS AS 100%
Frequently asked questions about MUST AS
Who owns MUST AS?
Trine Must is the largest registered owner, with 39.8%.
What is the revenue of MUST AS?
MUST AS had revenue of NOK 155.9m in 2025.
Who is the general manager of MUST AS?
Arild Nysæther is registered as general manager of MUST AS.
Where is MUST AS based?
MUST AS has its business address in Oslo.
Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 03.10.2026.