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B

BYGGMESTER MODALEN AS979 607 407

Contractor activities
Limited company
Hæstadveien 5 4770 HØVÅG, Norge

BYGGMESTER MODALEN AS

Keywords

constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance

Organization

Chairman of the board
Years since formation
27 years
since Mar 2, 1998
Type
Limited company
VAT registered
Yes
Number of employees
20

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 2024
65,861,889
NOK
Annual total result 2024
3,709,557
NOK
Total equity 2024
31,481,563
NOK
Last update: Jul 14, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO
95.56 %
indirectly

Board

NameRoleShares
Chairman
4.44 %
indirectly
Board Member
95.56 %
indirectly
Alternate Member-

Others

NameRoleShares
B
BDO AS
Auditor-
V
VALUE GROUP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Board Member
95.56 %
indirectly
Chairman
4.44 %
indirectly
Last update: Jul 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
Ordinary shares
2,079
33 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 0
    Operating profit 2024: NOK -25,477
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
65,861,889
68,430,662
84,225,673
80,966,766
Annual Total Result
3,709,557
5,615,550
4,658,276
4,524,611
Total assets
42,695,313
42,224,696
38,907,246
29,670,489
Total liabilities
11,213,750
14,482,689
15,468,168
10,754,107
Total equity
31,481,563
27,742,007
23,439,078
18,916,382

P&L

Year2024202320222021
Total operating income
65,861,889
68,430,662
84,225,673
80,966,766
Total operating costs
60,933,959
65,378,059
78,068,765
75,242,996
Operating result
4,927,930
3,052,603
6,156,908
5,723,770
Financial income/costs
-124,168
3,226,634
-122,830
121,826
Profit before tax
4,803,763
6,279,236
6,034,077
5,845,596
Total tax & extraordinary income/cost
1,094,206
663,686
1,375,801
1,320,985
Annual Total Result
3,709,557
5,615,550
4,658,276
4,524,611

Balance overview

Year2024202320222021
Total fixed assets
29,630,818
24,421,584
23,524,640
17,264,629
Total current assets
13,064,496
17,803,112
15,382,606
12,405,860
Total assets
42,695,313
42,224,696
38,907,246
29,670,489
Short term debt
9,074,352
12,646,615
13,275,123
8,262,509
Long term debt
2,139,398
1,836,074
2,193,045
2,491,598
Total liabilities
11,213,750
14,482,689
15,468,168
10,754,107
Contributed capital
27,081,869
27,051,869
90,000
90,000
Retained earnings
4,399,694
690,138
23,349,078
18,826,382
Total equity
31,481,563
27,742,007
23,439,078
18,916,382
Total equity and liabilities
42,695,313
42,224,696
38,907,246
29,670,489

Classification

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
41.2
Main industrial group
Construction of residential and non-residential buildings
41.20
Industrial group
Construction of residential and non-residential buildings
41.200
Industrial group
Construction of residential and non-residential buildings