TURNSTONE PRIVATE EQUITY FUND III AS

Operating

Å investere direkte eller indirekte, alene eller sammen med andre alternative investeringsfond, herunder gjennom deltagelse i hel- eller deleide selskaper eller andre sammenslutninger eller andeler i slike, i alternative investeringsfond eller selskaper tilrettelagt av forvaltere av slike fond, eller investere i andre finansielle instrumenter som direkte eller indirekte kan være egnet til å gi selskapet tilgang til slike investeringer, samt alt som står i forbindelse med dette.

Investering i aksjer og verdipapirer.

Organization

Chairman of the board: KS
Kenneth Syltøy1991
Years since formation: 2 years; since Jun 8, 2024
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 352,931,225; 3 share classes
Total number of shareholders: 297; 291 companies, 6 persons
Belongs to group of

Financials

Total operating income 2025: -1,027,412; NOK
Annual total result 2025: -7,362,909; NOK

Last update: Aug 12, 2026

Management

Board

Name	Role	Shares
KS Kenneth Syltøy 1991	Chairman	-
NE Nils Erik Joachim Høegh-Krohn 1966	Board Member	-
PU Peter Ulrik Hammerich 1970	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
S STATEMENT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HK Harald Klaveness Trond 1964	-	3.05 % indirectly
JH Jin Hermansen Yuhong 1968	-	1.82 % indirectly
KS Krage Svensen Thomas 1973	-	1.7 % indirectly
KS Krage Svensen Carina 1975	-	1.67 % indirectly
TO Tveteraas Ove 1955	-	1.59 % indirectly
HS Helene Sundt Else 1979	-	1.49 % indirectly
LM Ludvig Monrad-Hansen Lorentzen Peder 1989	-	1.42 % indirectly
FH Felix Heinrich Richard 1983	-	1.42 % indirectly
HT Hakavik Thomas 1971	-	1.42 % indirectly
HØ Harald Øygard Svein 1960	-	1.13 % indirectly

Last update: Nov 13, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
T TURNSTONE PEF III FEEDER AS	A-shares	15,923,500	4.51 %
T TORENO AS	A-shares	13,000,000	3.68 %
K KVANTIA AS	A-shares	10,000,000	2.83 %
B BERGENSKANTEN AS	A-shares	10,000,000	2.83 %
K KLAVENESS FINANS AS	A-shares	9,300,000	2.64 %
T TVETERAAS INVEST AS	A-shares	7,000,000	1.98 %
H HERFO FINANS AS	A-shares	6,500,000	1.84 %
P POWER INVEST AS	A-shares	5,000,000	1.42 %
B BAHIA AS	A-shares	5,000,000	1.42 %
U UTKILEN HOLDING AS	A-shares	5,000,000	1.42 %
EP Equity Partners Ii Cv Dm	A-shares	5,000,000	1.42 %
B BREMAT AS	A-shares	5,000,000	1.42 %
O OLILI AS	A-shares	5,000,000	1.42 %
F FARVATN PRIVATE EQUITY AS	A-shares	4,500,000	1.28 %
T TURNSTONE PRIVATE EQUITY AS	C-shares	4,411,641	1.25 %
G GAMBEI AS	A-shares	4,250,000	1.2 %
L LAPAS AS	A-shares	4,250,000	1.2 %
E ENERGY INVESTORS AS	A-shares	4,000,000	1.13 %
V VILICO AS	A-shares	4,000,000	1.13 %
S SUNDT AS	A-shares	3,500,000	0.99 %
H HELENE SUNDT AS	A-shares	3,500,000	0.99 %
N NESTTUN INVEST AS	A-shares	3,000,000	0.85 %
S SANDEN AS	A-shares	3,000,000	0.85 %
W WRC ALTERNATIVE INVESTMENTS AS	A-shares	3,000,000	0.85 %
S SKATTUM INVEST AS	A-shares	2,750,000	0.78 %
A ARTA HOLDING AS	A-shares	2,550,000	0.72 %
U UMOE AS	A-shares	2,550,000	0.72 %
T THK EQUITY AS	A-shares	2,500,000	0.71 %
K KLAVENESS MARINE FINANCE AS	A-shares	2,500,000	0.71 %
IA Invima Ab	A-shares	2,500,000	0.71 %
B BRUMM AS	A-shares	2,500,000	0.71 %
B BJARØY KAPITAL AS	A-shares	2,500,000	0.71 %
T TOLUMA INVEST AS	A-shares	2,500,000	0.71 %
M MØKSTER INVESTERING AS	A-shares	2,200,000	0.62 %
S STIFTELSEN HANS RASMUS ASTRUP	A-shares	2,200,000	0.62 %
H HARBARN AS	A-shares	2,200,000	0.62 %
B BRYGGEKANTEN I HOLDING AS	A-shares	2,000,000	0.57 %
T TJERNET AS	A-shares	2,000,000	0.57 %
H HCH FINANS AS	A-shares	2,000,000	0.57 %
W WILLUMSEN FINANS AS	A-shares	2,000,000	0.57 %
U UGLAND KAPITAL AS	A-shares	2,000,000	0.57 %
H HJELLEGJERDE INVEST AS	A-shares	2,000,000	0.57 %
H HERFØLL INVEST AS	A-shares	2,000,000	0.57 %
M MOTOR TRADE EIENDOM OG FINANS AS	A-shares	2,000,000	0.57 %
T TVECO AS	A-shares	2,000,000	0.57 %
T TITAS EIENDOM AS	A-shares	2,000,000	0.57 %
J JOH JOHANNSON EIENDOM AS	A-shares	2,000,000	0.57 %
Z ZEINER VEKST AS	A-shares	2,000,000	0.57 %
L LØREN HOLDING AS	A-shares	2,000,000	0.57 %
T TØNJUM INVEST AS	A-shares	2,000,000	0.57 %
G GARMAR HOLDING AS	A-shares	1,800,000	0.51 %
S SNEFONN AS	A-shares	1,750,000	0.5 %
D DIANO EIENDOM AS	A-shares	1,750,000	0.5 %
F FRIDTJOF EIENDOM AS	A-shares	1,700,000	0.48 %
D DEVICO INVEST AS	A-shares	1,700,000	0.48 %
T TRIKO HOLDING AS	A-shares	1,700,000	0.48 %
A ANDVARI INVESTMENT RESEARCH AS	A-shares	1,700,000	0.48 %
V VINTAGE CAPITAL AS	A-shares	1,670,000	0.47 %
V VOLVERE AS	A-shares	1,500,000	0.43 %
M MONSTRO AS	A-shares	1,500,000	0.43 %
M MUSTANG CAPITAL AS	A-shares	1,500,000	0.43 %
N NYE BECK HOLDING AS	A-shares	1,500,000	0.43 %
B BRINKBYGG AS	A-shares	1,500,000	0.43 %
A AGAT AS	A-shares	1,500,000	0.43 %
A ANNIMA AS	A-shares	1,500,000	0.43 %
A AAL INDUSTRIER AS	A-shares	1,500,000	0.43 %
P PROCERTA AS	A-shares	1,500,000	0.43 %
F FRITT FRAM AS	A-shares	1,500,000	0.43 %
V VEST-FINANS AS	A-shares	1,500,000	0.43 %
I INVESTORE FINANS AS	A-shares	1,400,000	0.4 %
H HESNES INVEST AS	A-shares	1,400,000	0.4 %
A AEGERTER AS	A-shares	1,328,000	0.38 %
A ARVO INVEST AS	A-shares	1,325,000	0.38 %
B BERTHEUSSEN INVEST AS	A-shares	1,325,000	0.38 %
S STIFTELSEN THOMAS FEARNLEY, HEDDY OG NILS ASTRUP	A-shares	1,300,000	0.37 %
P PETRUS HOLDING AS	A-shares	1,275,000	0.36 %
F FRAM CAPITAL AS	A-shares	1,250,000	0.35 %
L LEO HOLDING AS	A-shares	1,250,000	0.35 %
N NEGOTIUM AS	A-shares	1,000,000	0.28 %
B BJERVA AS	A-shares	1,000,000	0.28 %
L LAHO AS	A-shares	1,000,000	0.28 %
D DS FOLLO AS	A-shares	1,000,000	0.28 %
M MOGUL INVEST AS	A-shares	1,000,000	0.28 %
J J. B. UGLAND HOLDING AS	A-shares	1,000,000	0.28 %
A ALCIDES HOLDING AS	A-shares	1,000,000	0.28 %
B BONA FIDE INVESTMENTS AS	A-shares	1,000,000	0.28 %
T TONOR HOLDING AS	A-shares	1,000,000	0.28 %
T TIGERBOY AS	A-shares	1,000,000	0.28 %
K KLK INVESTMENT AS	A-shares	1,000,000	0.28 %
K KILEN AS	A-shares	1,000,000	0.28 %
D DRAGESUND INVEST AS	A-shares	1,000,000	0.28 %
C Constantia AS	A-shares	1,000,000	0.28 %
T TRUMPY AS	A-shares	1,000,000	0.28 %
S STRØMME GRUPPEN AS	A-shares	1,000,000	0.28 %
S SAVOCA AS	A-shares	1,000,000	0.28 %
A A/S MILLENIUM	A-shares	1,000,000	0.28 %
K KNUT AXEL UGLAND HOLDING AS	A-shares	1,000,000	0.28 %
D DALLAS ASSET MANAGEMENT AS	A-shares	1,000,000	0.28 %
C CAMOCIM HOLDING AS	A-shares	1,000,000	0.28 %
K K2 HOLDING AS	A-shares	1,000,000	0.28 %

Shares owned by the TURNSTONE PRIVATE EQUITY FUND III AS

Name	Share class	Total number of shares	Share
T TURNSTONE III INVEST II AS	Ordinary shares	3,000	100 %
T TURNSTONE III CO-INVEST I AS	Ordinary shares	3,000	100 %
E EXPLORE VIEW HOLDING AS	Ordinary shares	19,111,168	8.8 %

Last update: Sep 25, 2026

Group structure

TURNSTONE PRIVATE EQUITY FUND III AS
Total operating income 2025: NOK -1,027,412
Operating profit 2025: NOK -6,392,909
Employees: 0

Financials

in NOK

Summary

Year	2025	2024
Total operating income	-1,027,412	0
Annual Total Result	-7,362,909	-2,129,536
Total assets	0	4,632,081
Total liabilities	0	6,759,582
Total equity	0	-2,127,501

P&L

Year	2025	2024
Total operating income	-1,027,412	0
Total operating costs	5,365,497	1,976,630
Operating result	-6,392,909	-1,976,630
Financial income/costs	-970,000	-152,906
Profit before tax	-7,362,909	-2,129,536
Total tax & extraordinary income/cost	0	0
Annual Total Result	-7,362,909	-2,129,536

Balance overview

Year	2025	2024
Total fixed assets	0	4,586,374
Total current assets	0	45,707
Total assets	0	4,632,081
Short term debt	0	6,759,582
Long term debt	0	0
Total liabilities	0	6,759,582
Contributed capital	0	2,036
Retained earnings	0	-2,129,536
Total equity	0	-2,127,501
Total equity and liabilities	0	4,632,081

Classification

Type of organization

Limited company

Standard industrial classification

TURNSTONE PRIVATE EQUITY FUND III AS933 582 221