FORSTADSUTVIKLING AS

Operating

Erverv, prosjektering, utbygging, utvikling, syndikering, drift, salg, formidling og utleie av fast eiendom, alene og/eller gjennom deltagelse i andre foretak, samt annen form for virksomhet som er beslektet og/eller står i forbindelse med dette.

Utvikling av fast eiendom.

Organization

Chairman of the board: AR
Are Rodahl Hvalbye1990
Years since formation: 9 years; since Sep 4, 2017
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 13,000; 1 share class
Total number of shareholders: 3; 1 company, 2 persons
Belongs to group of

Financials

Annual total result 2025: -76,367; NOK
Total equity 2025: 2,280,526; NOK

Last update: Jun 16, 2026

Management

Board

Name	Role	Shares
AR Are Rodahl Hvalbye 1990	Chairman	58 % indirectly
BK Bjørn Kristian Stadheim 1983	Board Member	-

Top 10 individual shareholders

Name	Role	Shares
AR Are Rodahl Hvalbye 1990	Chairman	58 % indirectly
EA Erik Andre Hvalbye 1958	-	37 % directly
OR Ole Rodahl Hvalbye 1993	-	5 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
C CRESTSIDE VENTURES AS	Ordinary shares	7,540	58 %
EA Erik Andre Hvalbye 1958	Ordinary shares	4,810	37 %
OR Ole Rodahl Hvalbye 1993	Ordinary shares	650	5 %

Shares owned by the FORSTADSUTVIKLING AS

Name	Share class	Total number of shares	Share
L LERDALSTUNET AS	Ordinary shares	54,300	90.5 %
P PARAMOUNT PROPERTIES AS	Ordinary shares	100,000	50 %

Last update: Jun 2, 2025

Group structure

CRESTSIDE VENTURES AS
Total operating income 2025: NOK 69,521
Operating profit 2025: NOK 25,350
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	0	14,364	0	0	0
Annual Total Result	-76,367	107,210	63,167	117,777	175,059
Total assets	2,294,222	2,370,884	2,276,767	2,375,326	2,095,664
Total liabilities	13,696	13,991	27,084	188,811	14,600
Total equity	2,280,526	2,356,893	2,249,683	2,186,515	2,081,064

P&L

Year	2025	2024	2023	2022	2021
Total operating income	0	14,364	0	0	0
Total operating costs	4,758	3,940	33,085	19,437	14,600
Operating result	-4,758	10,424	-33,085	-19,437	-14,600
Financial income/costs	-57,912	110,778	114,138	170,440	189,659
Profit before tax	-62,670	121,202	81,053	151,003	175,059
Total tax & extraordinary income/cost	13,697	13,992	17,886	33,226	0
Annual Total Result	-76,367	107,210	63,167	117,777	175,059

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	1,154,300	2,348,650	1,968,750	1,534,900	1,488,882
Total current assets	1,139,922	22,234	308,017	840,426	606,782
Total assets	2,294,222	2,370,884	2,276,767	2,375,326	2,095,664
Short term debt	13,696	13,991	27,084	33,811	14,600
Long term debt	0	0	0	155,000	0
Total liabilities	13,696	13,991	27,084	188,811	14,600
Contributed capital	130,000	130,000	130,000	130,000	130,000
Retained earnings	2,150,526	2,226,893	2,119,683	2,056,515	1,951,064
Total equity	2,280,526	2,356,893	2,249,683	2,186,515	2,081,064
Total equity and liabilities	2,294,222	2,370,884	2,276,767	2,375,326	2,095,664

Classification

21st company classification

BETA

Small company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

FORSTADSUTVIKLING AS919 507 187