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K

KYSTVEIEN UTVIKLING AS998 303 745

Purchase and sale
Limited company
Kirkebakken 5 4836 ARENDAL, Norge

KYSTVEIEN UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board
Years since formation
12 years
since May 10, 2012
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
7,500
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Annual total result 2023
-86,754
NOK
Total equity 2023
-1,029,476
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
60 %
indirectly

Board

NameRoleShares
Chairman
60 %
indirectly
Alternate Member-

Others

NameRoleShares
A
AGDER-TEAM REVISJON AS
Auditor-
S
SØR ØKONOMI AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
60 %
indirectly
-
20 %
indirectly
-
20 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
K
KW SØRENSEN EIENDOM AS
Ordinary shares
7,500
100 %
Last update: May 24, 2024

Group structure

Financials

in NOK

Summary

Year202320222021
Total operating income
0
0
40,000
Annual Total Result
-86,754
-14,618
1,658
Total assets
15,053,082
14,912,205
14,977,290
Total liabilities
16,082,558
15,956,298
16,006,766
Total equity
-1,029,476
-1,044,093
-1,029,475

P&L

Year202320222021
Total operating income
0
0
40,000
Total operating costs
88,339
15,819
37,856
Operating result
-88,339
-15,819
2,144
Financial income/costs
1,584
1,201
-18
Profit before tax
-86,754
-14,618
2,126
Total tax & extraordinary income/cost
0
0
468
Annual Total Result
-86,754
-14,618
1,658

Balance overview

Year202320222021
Total fixed assets
14,815,964
14,845,082
14,307,907
Total current assets
237,118
67,122
669,383
Total assets
15,053,082
14,912,205
14,977,290
Short term debt
3,432,558
4,832,558
16,006,766
Long term debt
12,650,000
11,123,739
0
Total liabilities
16,082,558
15,956,298
16,006,766
Contributed capital
750,000
750,000
750,000
Retained earnings
-1,779,476
-1,794,093
-1,779,475
Total equity
-1,029,476
-1,044,093
-1,029,475
Total equity and liabilities
15,053,082
14,912,205
14,977,290

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
41.1
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