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Kommunalt Foretak
A or KF (English: "municipal enterprise") is a Norwegian company type. Specifically the term relates to an undertaking owned by a municipality. An equivalent enterprise owned by a county is known as a or FKF ("county enterprise"). Each KF and FKF has its own separate board of directors and a managing director, but the undertakings are not limited liability companies. Municipalities and counties are also permitted to own limited companies. If more than one municipality and/or county is the owner, the company is instead classed as an or IKS (in English: Intermunicipal company). It resembles very closely a Municipal Enterprise (''Kommunalt foretak'') or County Enterprise, but the IKS requires multiple municipalities and/or counties to be owners. The organization is regulated by the ''Municipal Act''. Typical activities organised as IKS's include waterworks, archives, museums and garbage disposal. See also * Local federation, a similar organization in Sweden Sweden, f ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ...
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Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ...
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Municipalities Of Norway
Municipalities in Norway are the basic unit of local government. Norway is divided into 15 administrative regions, called Counties of Norway, counties. These counties are subdivided into 357 municipality, municipalities (as of 2024). The capital city Oslo is both a county and a municipality. Municipalities are responsible for primary education (through 10th grade), outpatient Health care, health services, old age, senior citizen services, welfare spending, welfare and other Social work, social services, zoning, economic development, and municipal roads and utilities. The municipality is governed by a Municipal council (Norway), municipal council of Direct election, directly elected representatives. The mayor is Indirect election, indirectly elected by a vote of the municipal council. Law enforcement and Church of Norway, church services are provided at a national level in Norway. Municipalities are undergoing continuous change by dividing, consolidating, and adjusting boundaries. ...
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Store Norske Leksikon
The ''Great Norwegian Encyclopedia'' (, abbreviated ''SNL'') is a Norwegian-language online encyclopedia. It has several subdivisions, including the Norsk biografisk leksikon. The online encyclopedia is among the most-read Norwegian published sites, with up to 3.5 million unique visitors per month. Paper editions (1978–2007) The ''SNL'' was created in 1978, when the two publishing houses Aschehoug and Gyldendal merged their encyclopedias and created the company Kunnskapsforlaget. Up until 1978 the two publishing houses of Aschehoug and Gyldendal, Norway's two largest, had published ' and ', respectively. The respective first editions were published in 1906–1913 (Aschehoug) and 1933–1934 (Gyldendal). The slump in sales of paper-based encyclopedias around the turn of the 21st century hit Kunnskapsforlaget hard, but a fourth edition of the paper encyclopedia was secured by a grant of ten million Norwegian kroner from the foundation Fritt Ord in 2003. The f ...
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Counties Of Norway
There are 15 counties in Norway. The 15 county, counties are administrative division, administrative regions that are the first-level administrative divisions of Norway. The counties are further subdivided into 357 municipalities of Norway, municipalities (). The island territories of Svalbard and Jan Mayen are outside the county divisions and they are ruled directly from the national level. The capital city of Oslo is both a county and a municipality. In 2017, the Solberg's Cabinet, Solberg government decided to abolish some of the counties and to merge them with other counties to form larger ones, reducing the number of counties from 19 to 11, which was implemented on 1 January 2020. This sparked popular opposition, with some calling for the reform to be reversed. The Storting voted to partly undo the reform on 14 June 2022, with Norway to have 15 counties from 1 January 2024. Three of the newly merged counties, namely Vestfold og Telemark, Viken (county), VikenLars R ...
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Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ...
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Managing Director
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ...
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Limited Liability
Limited liability is a legal status in which a person's financial Legal liability, liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company, or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of the company, not the assets of its shareholders or other investors. A shareholder in a corporation or Limited company, limited liability company is not personally liable for any of the debts of the company, other than for the amount already invested in the company and for any unpaid amount on the shares in the company, if any—except under special and rare circumstances that permit "piercing the corporate veil." The same is true for the members of a limited liability partnership and the limited partners in a limited partnership. By contrast, sole proprietors and partners in general partnerships are each liable for all the ...
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Aksjeselskap
is the Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital. Public companies are called (ASA), while companies without limited liability are called (ANS). All AS companies must have a stock capital of at least NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiaries may have a different fiscal year, as is allowed, to match the parent corporation. The ASA differentiates from the in that it has rules regu ...
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Waterworks
Water supply is the provision of water by public utilities, commercial organisations, community endeavors or by individuals, usually via a system of pumps and pipes. Public water supply systems are crucial to properly functioning societies. These systems are what supply drinking water to populations around the globe. Aspects of service quality include continuity of supply, water quality and water pressure. The institutional responsibility for water supply is arranged differently in different countries and regions (urban versus rural). It usually includes issues surrounding policy and regulation, service provision and standardization. The cost of supplying water consists, to a very large extent, of fixed costs (capital costs and personnel costs) and only to a small extent of variable costs that depend on the amount of water consumed (mainly energy and chemicals). Almost all service providers in the world charge tariffs to recover part of their costs. Water supply is a separate to ...
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Archive
An archive is an accumulation of historical records or materials, in any medium, or the physical facility in which they are located. Archives contain primary source documents that have accumulated over the course of an individual or organization's lifetime, and are kept to show the history and function of that person or organization. Professional archivists and historians generally understand archives to be records that have been naturally and necessarily generated as a product of regular legal, commercial, administrative, or social activities. They have been metaphorically defined as "the secretions of an organism", and are distinguished from documents that have been consciously written or created to communicate a particular message to posterity. In general, archives consist of records that have been selected for permanent or long-term preservation on the grounds of their enduring cultural, historical, or evidentiary value. Archival records are normally unpublished and a ...
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Museum
A museum is an institution dedicated to displaying or Preservation (library and archive), preserving culturally or scientifically significant objects. Many museums have exhibitions of these objects on public display, and some have private collections that are used by researchers and specialists. Museums host a much wider range of objects than a library, and they usually focus on a specific theme, such as the art museums, arts, science museums, science, natural history museums, natural history or Local museum, local history. Public museums that host exhibitions and interactive demonstrations are often tourist attractions, and many draw large numbers of visitors from outside of their host country, with the List of most-visited museums, most visited museums in the world attracting millions of visitors annually. Since the establishment of Ennigaldi-Nanna's museum, the earliest known museum in ancient history, ancient times, museums have been associated with academia and the preserva ...
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