ELLING AARSETH & CO AS • 910035851 • Ålesund • Real estate activities

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Goods and trade

/ 68.209 Other letting of real estate

ELLING AARSETH & CO AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: TS
Trond Svinø1983
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 73; 1 share class
Total number of shareholders: 3; 2 companies, 1 person
Belongs to group of

Financials

Total operating income 2024: 5,180,205; NOK
Annual total result 2024: 19,621,264; NOK
Total equity 2024: 101,509,395; NOK

Last update: Jun 16, 2025

Management

Board

Name	Role	Shares
TS Trond Svinø 1983	Contact Person, Chairman	-
AM Anna Maria Aarseth 1993	Board Member	100 % directly 28.77 % indirectly 71.23 %
KM Kjell Mindor Fagerlund 1949	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
N NUMERO CONSULTANTS AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AM Anna Maria Aarseth 1993	Board Member	100 % directly 28.77 % indirectly 71.23 %

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A AS AALESUNDS MARGARINFABRIK	Ordinary shares	30	41.1 %
R R J FALKEVIK AS	Ordinary shares	22	30.14 %
AM Anna Maria Aarseth 1993	Ordinary shares	21	28.77 %

Shares owned by the ELLING AARSETH & CO AS

Name	Share class	Total number of shares	Share
H HERMAN FOSSGT 2 AS	Ordinary shares	24	60 %
A AALESUND INDUSTRI OG FINANS AS	Ordinary shares	2,281	30.41 %

Last update: Jun 2, 2025

Group structure

ELLING AARSETH & CO AS
Total operating income 2024: NOK 5,180,205
Operating profit 2024: NOK 1,602,380
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	5,180,205	4,657,162	4,826,660	4,445,575
Annual Total Result	19,621,264	7,804,402	-2,210,533	4,413,727
Total assets	112,276,289	101,029,296	93,422,275	96,003,768
Total liabilities	10,766,894	16,141,164	16,338,545	16,709,505
Total equity	101,509,395	84,888,132	77,083,730	79,294,263

P&L

Year	2024	2023	2022	2021
Total operating income	5,180,205	4,657,162	4,826,660	4,445,575
Total operating costs	3,577,826	4,943,357	3,886,467	4,646,513
Operating result	1,602,380	-286,195	940,192	-200,938
Financial income/costs	18,018,884	8,090,597	-3,150,725	4,614,665
Profit before tax	19,621,264	7,804,402	-2,210,533	4,413,727
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	19,621,264	7,804,402	-2,210,533	4,413,727

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	26,788,198	27,000,822	25,788,322	25,914,546
Total current assets	85,488,090	74,028,474	67,633,952	70,089,222
Total assets	112,276,289	101,029,296	93,422,275	96,003,768
Short term debt	766,894	3,588,203	2,877,722	3,244,723
Long term debt	10,000,000	12,552,961	13,460,823	13,464,782
Total liabilities	10,766,894	16,141,164	16,338,545	16,709,505
Contributed capital	73,000	73,000	73,000	73,000
Retained earnings	101,436,395	84,815,132	77,010,730	79,221,263
Total equity	101,509,395	84,888,132	77,083,730	79,294,263
Total equity and liabilities	112,276,289	101,029,296	93,422,275	96,003,768

Classification

Category

Goods and trade

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate