GJELSTEN BOLIG AS

Organization

CEO: EJ
Even Jermstad1968
Chairman of the board: PS
Petter Schouw-Hansen1982
Years since formation: 20 years; since Oct 8, 2005
Type: Limited company
VAT registered: Yes
Number of employees: 26

Ownership

Number of shares and share classes: 500,000; 1 share class
Total number of shareholders: 12; 2 companies, 10 persons
Belongs to group of

Financials

Total operating income 2024: 43,645,278; NOK
Annual total result 2024: 54,080,616; NOK
Total equity 2024: 551,125,457; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
EJ Even Jermstad 1968	Managing Director/CEO	-

Board

Name	Role	Shares
BR Bjørn Rune Gjelsten 1956	Board Member	17.57 % indirectly
LL Lasse Lundhaug 1958	Observer	9.56 % indirectly
OT Ola Trygve Gjørtz 1960	Observer	-
PS Petter Schouw-Hansen 1982	Chairman	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
IG Ingrid Gjelsten 2001	-	70.28 % indirectly
BR Bjørn Rune Gjelsten 1956	Board Member	17.57 % indirectly
LL Lasse Lundhaug 1958	Observer	9.56 % indirectly

Last update: Dec 31, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
G GJELSTEN HOLDING AS	Ordinary shares	439,245	87.85 %
L LUNDHAUG INVEST AS	Ordinary shares	48,805	9.76 %
GA Guri Anne Giske 1962	Ordinary shares	2,300	0.46 %
KB Kristin Borge Halvorsen 1964	Ordinary shares	2,000	0.4 %
TB Trond Baklid 1961	Ordinary shares	1,750	0.35 %
EJ Even Jermstad 1968	Ordinary shares	1,700	0.34 %
TS Trond Sigurd Gran 1956	Ordinary shares	1,220	0.24 %
TI Tone Irene Lindemark 1961	Ordinary shares	1,220	0.24 %
SH Sondre Hordnes Lundhaug 1987	Ordinary shares	1,150	0.23 %
PS Pål Sigurdsen 1971	Ordinary shares	500	0.1 %
SD Sebastian Daniel Sjøvik 1984	Ordinary shares	100	0.02 %
JA Jo Andreas Meisfjordskar 1988	Ordinary shares	10	< 0.01 %

Shares owned by the GJELSTEN BOLIG AS

Name	Share class	Total number of shares	Share
P PROFIER AS	Ordinary shares	500,000	100 %
P PROFIER EIENDOM AS	Ordinary shares	68,000	100 %
N NEPTUNE PROPERTIES AS	Ordinary shares	171,000	100 %
E ENSJØVEIEN 4 AS	Ordinary shares	2,000	100 %
G GJETTUM UTVIKLING AS	Ordinary shares	1,000	100 %
G GRB LEHMKUHL AS	Ordinary shares	1,000	100 %
H HAGEJORDET UTVIKLING AS	Ordinary shares	2,000	100 %
N NORDRE HAVE UTVIKLING AS	Ordinary shares	1,000	100 %
E ELSESRO BRYGGE AS	Ordinary shares	1,000	100 %
M MALERHAUGEN PARK AS	Ordinary shares	100	100 %
B BÆRUMSVEIEN BOLIG AS	Ordinary shares	1,000	100 %
K KRÅKEHAUGEN AS	Ordinary shares	100	100 %
O OLUF ONSUMS VEI 11 AS	Ordinary shares	2,000	100 %
K KLEIVVEIEN UTBYGGING AS	Ordinary shares	12,000	100 %
L LERVIGSVEIEN BOLIG AS	Ordinary shares	1,000	100 %
B BEKKESTUA SØRVEST AS	Ordinary shares	120	100 %
G GARDERMOVEGEN 5 UTVIKLING AS	Ordinary shares	1,000	100 %
S SANDSLIKOLLEN AS	Ordinary shares	1,000	100 %
M MJØNDALEN BOLIGUTVIKLING AS	Ordinary shares	1,000	100 %
B BORGENBAKKEN 12 AS	Ordinary shares	30,000	100 %
V VERITAS HAVE AS	Ordinary shares	300	100 %
P PRO 69 AS	Ordinary shares	1,000	100 %
P POPPELSTIEN AS	Ordinary shares	10,000	100 %
T TORSTADÅSEN UTVIKLING AS	Ordinary shares	1,000	100 %
G GALTERUD UTVIKLING AS	Ordinary shares	1,000	100 %
N NYE JACOB NEUMANNSVEI 2 EIENDOM AS	Ordinary shares	300	100 %
Å ÅSTADVEIEN UTVIKLING AS	Ordinary shares	30	100 %
B BOGERUDVEIEN 15 BOLIG AS	Ordinary shares	30,000	100 %
T TRØSKENVEIEN 36 AS	Ordinary shares	20,000	100 %
J JERNBANEVEIEN 11 UTVIKLING AS	Ordinary shares	1,000	100 %
T TRØSKENVEIEN HOLDING AS	Ordinary shares	1,000	100 %
G GB STOLA HOLDCO AS	Ordinary shares	1,000	100 %
H HEGRENESET INFRASTRUKTUR AS	Ordinary shares	1,000	100 %
M MICHELETS VEI UTVIKLING AS	Ordinary shares	30,000	100 %
T TÅSEN BOLIG AS	Ordinary shares	100	100 %
P PROFIER AS	Ordinary shares	100	100 %
N NEPTUNE PROPERTIES AS	Ordinary shares	100	100 %
N NEP 4 AS	Ordinary shares	100	100 %
S SJØHUSENE LERVIGSVEIEN AS	Ordinary shares	1,000	100 %
K KIKUT VEST AS	Ordinary shares	100	100 %
D DRAGONVEIEN 16 AS	Ordinary shares	100,000	100 %
B BIBLIOTEKSHAVEN NÆRING AS	Ordinary shares	100	100 %
N NEPTUNE BOLIG 2 AS	Ordinary shares	1,000	100 %
U UELANDSGATE 85 AS	Ordinary shares	110,000	100 %
N NEPTUNE BOLIG 4 AS	Ordinary shares	1,000	100 %
N NEPTUNE BOLIG 3 AS	Ordinary shares	1,000	100 %
N NEPTUNE BOLIG 5 AS	Ordinary shares	1,000	100 %
L LINDEBERG UTVIKLING AS	Ordinary shares	100	100 %
N NEPTUNE ARKITEKTER AS	Ordinary shares	3,156	90.04 %
L LEHMKUHL HOLDING AS	Ordinary shares	85	85 %
H HEGRENESET HOLDING AS	Ordinary shares	850	85 %
H HELIOS EIENDOM AS	Ordinary shares	22,500	75 %
P POPPELHAGEN HOLDING AS	Ordinary shares	743	74.3 %
G GJELSTEN RESIDENTIAL OSLO AS	Ordinary shares	365,500	72.99 %
F FANTOFTVEIEN 44 AS	Ordinary shares	700	70 %
L LANDFALLØYA 7 HOLDING AS	Ordinary shares	650	65 %
T TØMTEVEIEN UTVIKLING AS	Ordinary shares	500	50 %
T TÅSEN UTVIKLING AS	Ordinary shares	50	50 %
E EIKSMARKA UTVIKLING AS	Ordinary shares	500	50 %
W WORKINNTOPPEN AS	Ordinary shares	500	50 %
P PROMA EIENDOM AS	Ordinary shares	50	50 %
F FAGERSTAD NEPTUNE AS	Ordinary shares	500	50 %
L LILLEAKER BOLIGUTVIKLING AS	Ordinary shares	500	50 %
H HARBITZALLÉEN BOLIG AS	Ordinary shares	500	50 %
S SANDVIKSBODER 78 AS	Ordinary shares	500	50 %
K KVARTAL 30 AS	Ordinary shares	50	50 %
N N51 EIENDOM AS	Ordinary shares	15,000	50 %
S SANDAKERVEIEN 16 AS	Ordinary shares	50	50 %
N NESBUKTA 6 AS	Ordinary shares	50	50 %
K KVARTAL 19 LILLESTRØM AS	Ordinary shares	500	50 %
M MØLLENDAL 63 AS	Ordinary shares	500	50 %
H HASLE LINJE BYGG 01 EXIT AS	Ordinary shares	500	50 %
K KONNERUD UTVIKLING AS	Ordinary shares	400,000	50 %
O OPPSAL UTVIKLING AS	Ordinary shares	15,000	50 %
Å ÅSTADVEIEN ABC UTVIKLING AS	Ordinary shares	500	50 %
B BEKKESTUA SYD III AS	Ordinary shares	500	50 %
S SUNDVEIEN UTVIKLING AS	Ordinary shares	500	50 %
U UTSIKTEN CARL BERNER AS	Ordinary shares	500	50 %
G GLADENGVEIEN 8 UTVIKLING AS	Ordinary shares	50	50 %
K KLEIVVEIEN HOLDING AS	Ordinary shares	500	50 %
S SETRA VEI HOLDING AS	Ordinary shares	15,000	50 %
V VÅGSGATEN HANDEL AS	Ordinary shares	100,767	50 %
R RANHEIM SENTER AS	Ordinary shares	500	50 %
P PRO STAV AS	Ordinary shares	450	50 %
S SKIPARVIKEN AS	Ordinary shares	10,500	35 %
S STRANDPARKEN UTVIKLING AS	Ordinary shares	30,000	30 %
L LONE INVEST AS	Ordinary shares	300	30 %
K KILEN HANDELSPARK AS	Ordinary shares	20	20 %
Å ÅSANE BOLIG AS	Ordinary shares	137	12.55 %

Last update: Jun 2, 2025

Group structure

GJELSTEN HOLDING AS
Total operating income 2024: NOK 708,720,000
Operating profit 2024: NOK 361,060,000
Employees: 8

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	43,645,278	13,291,281	0	0
Annual Total Result	54,080,616	-51,735,090	-14,263,579	34,476,641
Total assets	3,070,544,421	1,310,771,360	1,267,932,481	1,213,374,059
Total liabilities	2,519,418,964	1,152,242,818	1,057,668,850	988,846,849
Total equity	551,125,457	158,528,540	210,263,631	224,527,210

P&L

Year	2024	2023	2022	2021
Total operating income	43,645,278	13,291,281	0	0
Total operating costs	129,384,978	23,476,717	4,065,653	843,854
Operating result	-85,739,700	-10,185,436	-4,065,653	-843,854
Financial income/costs	181,761,736	-56,141,547	-13,255,201	36,583,136
Profit before tax	96,022,036	-66,326,983	-17,320,854	35,739,282
Total tax & extraordinary income/cost	41,941,420	-14,591,893	-3,057,275	1,262,641
Annual Total Result	54,080,616	-51,735,090	-14,263,579	34,476,641

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,663,696,911	1,080,325,243	1,145,639,791	1,136,937,873
Total current assets	1,406,847,510	230,446,117	122,292,690	76,436,186
Total assets	3,070,544,421	1,310,771,360	1,267,932,481	1,213,374,059
Short term debt	952,012,449	471,958,663	397,691,503	228,753,879
Long term debt	1,567,406,515	680,284,155	659,977,347	760,092,970
Total liabilities	2,519,418,964	1,152,242,818	1,057,668,850	988,846,849
Contributed capital	199,967,750	199,967,750	199,967,750	199,967,750
Retained earnings	351,157,707	-41,439,210	10,295,881	24,559,460
Total equity	551,125,457	158,528,540	210,263,631	224,527,210
Total equity and liabilities	3,070,544,421	1,310,771,358	1,267,932,481	1,213,374,059

Classification

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

GJELSTEN BOLIG AS988 659 231

GJELSTEN BOLIG AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the GJELSTEN BOLIG AS

Group structure

Financials

Summary

P&L

Balance overview

Classification