GEILOGRUPPEN AS • 917861900 • Geilo • Construction of buildings

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/ Purchase and sale

/ 41.109 Other development and sale of real estate

GEILOGRUPPEN AS

Keywords

real estatesalesdevelopment

Organization

CEO: RE
Roger Espeli1973
Chairman of the board: PG
Pål Georg Gundersen1952
Years since formation: 9 years; since Oct 11, 2016
Type: Limited company
VAT registered: No
Number of employees: 9

Ownership

Number of shares and share classes: 10,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 5,484,225; NOK
Annual total result 2024: -17,566,253; NOK
Total equity 2024: 687,068,412; NOK

Last update: Aug 11, 2025

Management

Management / administration

Name	Role	Shares
RE Roger Espeli 1973	Managing Director/CEO	-

Board

Name	Role	Shares
PG Pål Georg Gundersen 1952	Chairman	28.76 % indirectly
TS Tone Skjellaug Gundersen 1970	Board Member	1.17 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
PG Pål Georg Gundersen 1952	Chairman	28.76 % indirectly
AC Ane Cecilie Gjøstøl Wiser 1982	-	7.71 % indirectly
TC Tine Camilla Gjøstøl 1979	-	7.03 % indirectly
SG Skjellaug Gundersen Leo 2006	-	3.9 % indirectly
TS Tone Skjellaug Gundersen 1970	Board Member	1.17 % indirectly

Last update: Nov 12, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M MERKANTILBYGG HOLDING AS	Ordinary shares	10,000	100 %

Shares owned by the GEILOGRUPPEN AS

Name	Share class	Total number of shares	Share
G GEILOVEGEN 10 AS	Ordinary shares	30	100 %
B BAKKESTØLVEGEN 81 AS	Ordinary shares	5,760	100 %
N NYE HAVSDALSVEGEN 47 AS	Ordinary shares	300	100 %
N NYE HAVSDALSVEGEN 25 AS	Ordinary shares	30	100 %
T TEAM GEILO AS	Ordinary shares	30	100 %
G GEILOVEGEN 61-63 AS	Ordinary shares	1,000	100 %
G GEILOVEGEN 18-20 AS	Ordinary shares	100	100 %
H HM HAUGEN AS	Ordinary shares	1,400	100 %
V VESLESLÅTTVEGEN 1 AS	Ordinary shares	150	100 %
G GEILOVEGEN 23-25 AS	Ordinary shares	1,000	100 %
B BARDØLAVEGEN 33 AS	Ordinary shares	200	100 %
L LIENVEIEN 11 AS	Ordinary shares	23,690	100 %
K KYRKJEVEGEN 7 AS	Ordinary shares	5,000	100 %
S SMAKERIET GEILO AS	Ordinary shares	150	50 %
G GEILO LUFTHAVN DAGALI AS	Ordinary shares	4,500	50 %
H HALLINGSTUENE AS	Ordinary shares	49	49 %
U UTDANNINGSSENTERET PÅ GEILO AS	Ordinary shares	134	33.5 %
G GEILO ARENA AS	Ordinary shares	290	18.47 %

Last update: Jun 2, 2025

Group structure

P. G. GUNDERSEN GRUPPEN AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -29,504
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	5,484,225	1,566,868	0	0
Annual Total Result	-17,566,253	10,594,179	80,850,830	892,344
Total assets	1,021,439,722	1,200,129,109	1,124,224,373	1,262,605,231
Total liabilities	334,371,310	469,245,035	392,167,524	530,643,358
Total equity	687,068,412	730,884,074	732,056,849	731,961,873

P&L

Year	2024	2023	2022	2021
Total operating income	5,484,225	1,566,868	0	0
Total operating costs	6,812,332	5,746,125	664,264	414,529
Operating result	-1,328,107	-4,179,257	-664,264	-414,529
Financial income/costs	-8,782,474	18,092,320	104,319,175	1,558,559
Profit before tax	-10,110,581	13,913,063	103,654,911	1,144,030
Total tax & extraordinary income/cost	7,455,672	3,318,884	22,804,081	251,686
Annual Total Result	-17,566,253	10,594,179	80,850,830	892,344

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	970,297,116	1,166,371,313	1,019,747,612	1,232,105,063
Total current assets	51,142,606	33,757,796	104,476,760	30,500,168
Total assets	1,021,439,722	1,200,129,109	1,124,224,373	1,262,605,231
Short term debt	39,372,785	16,469,425	103,705,714	24,895,582
Long term debt	294,998,526	452,775,610	288,461,810	505,747,777
Total liabilities	334,371,310	469,245,035	392,167,524	530,643,358
Contributed capital	708,420,932	708,420,932	708,420,932	708,420,932
Retained earnings	-21,352,520	22,463,142	23,635,917	23,540,941
Total equity	687,068,412	730,884,074	732,056,849	731,961,873
Total equity and liabilities	1,021,439,722	1,200,129,109	1,124,224,373	1,262,605,231

Classification

Category

/ Purchase and sale

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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate