LANGESUND UTVIKLING AS • 930183083 • Porsgrunn • Construction of buildings

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/ Purchase and sale

LANGESUND UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO: JM
Jørgen Mustad1975
Chairman of the board: OA
Ole August Karlsen1986
Years since formation: 2 years; since Nov 10, 2022
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Annual total result 2023: -1,663,540; NOK
Total equity 2023: 13,122,808; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
JM Jørgen Mustad 1975	Managing Director/CEO	12.5 % indirectly

Board

Name	Role	Shares
OA Ole August Karlsen 1986	Chairman	25 % indirectly
JM Jørgen Mustad 1975	Board Member	12.5 % indirectly
FM Frederik Mustad 1971	Board Member	12.5 % indirectly
AM Anders Larsen Melfald 1979	Board Member	16.67 % indirectly
GF Geir Holm Fjære 1979	Board Member	16.67 % indirectly
PM Per Marius Walle 1982	Board Member	16.67 % indirectly

Others

Name	Role	Shares
A AIDER AS	Accountant	-
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
OA Ole August Karlsen 1986	Chairman	25 % indirectly
PM Per Marius Walle 1982	Board Member	16.67 % indirectly
GF Geir Holm Fjære 1979	Board Member	16.67 % indirectly
AM Anders Larsen Melfald 1979	Board Member	16.67 % indirectly
FM Frederik Mustad 1971	Board Member	12.5 % indirectly
JM Jørgen Mustad 1975	Managing Director/CEO, Board Member	12.5 % indirectly

Last update: Dec 9, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
T TSW KONSERN AS	Ordinary shares	50	50 %
S STOA BOLIGUTVIKLING AS	Ordinary shares	50	50 %

Shares owned by the LANGESUND UTVIKLING AS

Name	Share class	Number of shares	Share
L LANGESUND MARINA AS	Ordinary shares	102	100 %
S STOA BOLIG AS	Ordinary shares	1,600	100 %

Last update: May 24, 2024

Group structure

LANGESUND UTVIKLING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -250,743
Employees: 0

Financials

in NOK

Summary

Year	2023	2022
Total operating income	0	0
Annual Total Result	-1,663,540	-121,470
Total assets	46,379,545	47,258,166
Total liabilities	33,256,737	32,471,818
Total equity	13,122,808	14,786,348

P&L

Year	2023	2022
Total operating income	0	0
Total operating costs	250,743	1,145
Operating result	-250,743	-1,145
Financial income/costs	-1,882,001	-156,157
Profit before tax	-2,132,744	-157,302
Total tax & extraordinary income/cost	-469,204	-35,832
Annual Total Result	-1,663,540	-121,470

Balance overview

Year	2023	2022
Total fixed assets	44,017,122	43,294,220
Total current assets	2,362,423	3,963,946
Total assets	46,379,545	47,258,166
Short term debt	1,056,737	150,422
Long term debt	32,200,000	32,321,396
Total liabilities	33,256,737	32,471,818
Contributed capital	13,122,808	14,907,818
Retained earnings	0	-121,470
Total equity	13,122,808	14,786,348
Total equity and liabilities	46,379,545	47,258,166

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