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BYGGMESTER MODALEN AS979 607 407

Limited company
Hæstadveien 5 4770 HØVÅG, Norge

BYGGMESTER MODALEN AS

Operating
Entreprenørvirksomhet, samt alt som hermed står i forbindelse, herunder deltagelse i andre selskaper ved aksjetegning eller på annen måte.
Entreprenørvirksomhet, eneboligere, hytter, båthus, garage, reprasjoner og rehabilitering. Tar også totalenterprise på hele prosjekt. Leier da inn fagarbeidere på sine spesialfelt.

Organization

CEO
RV

Richard Vasstrøm Modalen1978

Chairman of the board
BE

Bjørn Erik Modalen1954

Years since formation
28 years
since Mar 2, 1998
Type
Limited company
VAT registered
Yes
Number of employees
21

Ownership

Number of shares and share classes
90
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2025
106,030,378
NOK
Annual total result 2025
2,955,059
NOK
Total equity 2025
34,436,622
NOK
Last update: May 2, 2026

Management

Management / administration

NameRoleShares
RV

Richard Vasstrøm Modalen

1978

Managing Director/CEO
95.56 %
indirectly

Board

NameRoleShares
BE

Bjørn Erik Modalen

1954

Chairman
4.44 %
indirectly
RV

Richard Vasstrøm Modalen

1978

Board Member
95.56 %
indirectly
EM

Eldbjørg Modalen

1955

Alternate Member-

Others

NameRoleShares
R
REVISJONSFIRMA ELIASSEN AS
Auditor-
V
VALUE GROUP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
RV

Richard Vasstrøm Modalen

1978

Managing Director/CEO, Board Member
95.56 %
indirectly
BE

Bjørn Erik Modalen

1954

Chairman
4.44 %
indirectly
Last update: Nov 3, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
M
MODALEN HOLDING AS
Ordinary shares
90
100 %

Shares owned by the BYGGMESTER MODALEN AS

NameShare classTotal number of sharesShare
M
MODALEN EIENDOM AS
Ordinary shares
1,000
100 %
D
DOVREVEIEN 3 AS
Closed
Ordinary shares
2,079
33 %
Last update: Jun 2, 2025

Group structure

  • MODALEN HOLDING AS
    Total operating income 2025: NOK 0
    Operating profit 2025: NOK -54,538
    Employees: 0

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
106,030,378
65,861,889
68,430,662
84,225,673
80,966,766
Annual Total Result
2,955,059
3,709,557
5,615,550
4,658,276
4,524,611
Total assets
54,306,298
42,695,313
42,224,696
38,907,246
29,670,489
Total liabilities
19,869,676
11,213,750
14,482,689
15,468,168
10,754,107
Total equity
34,436,622
31,481,563
27,742,007
23,439,078
18,916,382

P&L

Year20252024202320222021
Total operating income
106,030,378
65,861,889
68,430,662
84,225,673
80,966,766
Total operating costs
99,385,099
60,933,959
65,378,059
78,068,765
75,242,996
Operating result
6,645,279
4,927,930
3,052,603
6,156,908
5,723,770
Financial income/costs
-2,230,935
-124,168
3,226,634
-122,830
121,826
Profit before tax
4,414,344
4,803,763
6,279,236
6,034,077
5,845,596
Total tax & extraordinary income/cost
1,459,285
1,094,206
663,686
1,375,801
1,320,985
Annual Total Result
2,955,059
3,709,557
5,615,550
4,658,276
4,524,611

Balance overview

Year20252024202320222021
Total fixed assets
33,171,356
29,630,818
24,421,584
23,524,640
17,264,629
Total current assets
21,134,942
13,064,496
17,803,112
15,382,606
12,405,860
Total assets
54,306,298
42,695,313
42,224,696
38,907,246
29,670,489
Short term debt
19,869,676
9,074,352
12,646,615
13,275,123
8,262,509
Long term debt
0
2,139,398
1,836,074
2,193,045
2,491,598
Total liabilities
19,869,676
11,213,750
14,482,689
15,468,168
10,754,107
Contributed capital
27,081,869
27,081,869
27,051,869
90,000
90,000
Retained earnings
7,354,753
4,399,694
690,138
23,349,078
18,826,382
Total equity
34,436,622
31,481,563
27,742,007
23,439,078
18,916,382
Total equity and liabilities
54,306,298
42,695,313
42,224,696
38,907,246
29,670,489

Classification

21st company classification
BETA
Industrial large enterprise
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises