FESTNINGSVEIEN 2 AS • 989320041 • Oslo • Real estate activities

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Goods and trade

FESTNINGSVEIEN 2 AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: FS
Fredrik Hansen Steinum1981
Years since formation: 18 years; since Jan 13, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 39,400; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 28,067,508; NOK
Annual total result 2023: 14,231,308; NOK
Total equity 2023: 19,156,308; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
A ARCTIC REAL ESTATE MANAGEMENT AS	Business Manager	-
KN Kristian Nordtømme 1977	Contact Person	-
FS Fredrik Hansen Steinum 1981	Chairman	-
ØP Øistein Pedersen 1979	Board Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
A ARCTIC REAL ESTATE MANAGEMENT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
BE Bård Eker 1961	-	8.15 % indirectly
KB Kenneth Frode Goovaerts Bern 1960	-	4.9 % indirectly
ØL Øivind Lindstad 1962	-	3.81 % indirectly
LG Lars Aasland Grotmol 1983	-	1.33 % indirectly
JO Jo Olav Lunder 1961	-	1.1 % indirectly
TE Trond Eirik Kildal Paulsen 1972	-	1.1 % indirectly
PC Per Christian Alpers 1943	-	1.02 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
A ARCTIC PROSJEKT 108 AS	Ordinary shares	36,190	91.85 %
E EKER GROUP AS	Ordinary shares	3,210	8.15 %

Last update: May 24, 2024

Group structure

UREM REAL ESTATE FUND I AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -42,844,658
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	28,067,508	26,229,323	25,327,976
Annual Total Result	14,231,308	15,702,483	18,192,669
Total assets	195,014,002	188,124,172	188,066,238
Total liabilities	175,857,694	98,404,713	114,049,263
Total equity	19,156,308	89,719,458	74,016,975

P&L

Year	2023	2022	2021
Total operating income	28,067,508	26,229,323	25,327,976
Total operating costs	6,173,129	5,967,913	5,916,563
Operating result	21,894,379	20,261,410	19,411,413
Financial income/costs	-3,649,112	-130,021	3,912,522
Profit before tax	18,245,267	20,131,388	23,323,935
Total tax & extraordinary income/cost	4,013,959	4,428,905	5,131,266
Annual Total Result	14,231,308	15,702,483	18,192,669

Balance overview

Year	2023	2022	2021
Total fixed assets	166,263,132	170,733,369	175,203,606
Total current assets	28,750,870	17,390,803	12,862,632
Total assets	195,014,002	188,124,172	188,066,238
Short term debt	18,844,901	28,219,733	27,150,248
Long term debt	157,012,793	70,184,981	86,899,015
Total liabilities	175,857,694	98,404,713	114,049,263
Contributed capital	18,814,196	18,951,929	18,951,929
Retained earnings	342,112	70,767,529	55,065,046
Total equity	19,156,308	89,719,458	74,016,975
Total equity and liabilities	195,014,002	188,124,172	188,066,238

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