FAVORITTHYTTEN AS • 990733171 • Sandnes • Construction of buildings

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/ Purchase and sale

/ 41.109 Other development and sale of real estate

FAVORITTHYTTEN AS

Keywords

real estatesalesdevelopment

Organization

CEO: AB
Arvid Braut1967
Chairman of the board: KR
Kjell Rommetvedt1963
Years since formation: 18 years; since Jan 13, 2007
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 7,750,000; 1 share class
Total number of shareholders: 5; 4 companies, 1 person
Belongs to group of

Financials

Total operating income 2024: 25,098,969; NOK
Annual total result 2024: -10,910,417; NOK
Total equity 2024: 30,776,125; NOK

Last update: Jun 26, 2025

Management

Management / administration

Name	Role	Shares
AB Arvid Braut 1967	Managing Director/CEO	-

Board

Name	Role	Shares
KR Kjell Rommetvedt 1963	Chairman	-
LR Leif Roar Høiland 1967	Board Member	12.42 % indirectly
AB Arild Braut 1952	Board Member	6.45 % directly
JA Jo Arne Dalen 1978	Board Member	-
AI Arne Incoronato 1964	Board Member	12.34 % indirectly
RS Rolf Smedvig Hodne 1955	Board Member	1.94 % indirectly
JH Jan Henrik Jelsa 1965 Resigned	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
R RELEVANT REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
EH Elin Høiland 1970	-	14.52 % indirectly
LR Leif Roar Høiland 1967	Board Member	12.42 % indirectly
AI Arne Incoronato 1964	Board Member	12.34 % indirectly
AB Arild Braut 1952	Board Member	6.45 % directly
MH Maren Høiland Thoresen 1993	-	2.66 % indirectly
AH Anne Høiland 1996	-	2.66 % indirectly
SI Steven Incoronato 1987	-	2.18 % indirectly
RS Rolf Smedvig Hodne 1955	Board Member	1.94 % indirectly

Last update: Jun 1, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
L LIGO EIENDOM AS	Ordinary shares	2,500,000	32.26 %
I INRO AS	Ordinary shares	2,250,000	29.03 %
H HØILAND INVESTERING AS	Ordinary shares	1,375,000	17.74 %
E EH INVESTERING I AS	Ordinary shares	1,125,000	14.52 %
AB Arild Braut 1952	Ordinary shares	500,000	6.45 %

Shares owned by the FAVORITTHYTTEN AS

Name	Share class	Total number of shares	Share
F FAVORITTHYTTEN BYGGESETT AS	Ordinary shares	1,000	100 %

Last update: Jun 2, 2025

Group structure

FAVORITTHYTTEN AS
Total operating income 2024: NOK 25,098,969
Operating profit 2024: NOK -1,977,450
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	25,098,969	46,164,477	50,582,369	60,168,086
Annual Total Result	-10,910,417	-9,056,062	-2,160,800	240,705
Total assets	87,232,699	121,947,280	125,355,462	146,296,882
Total liabilities	56,456,574	80,182,609	74,534,729	93,315,350
Total equity	30,776,125	41,764,671	50,820,733	52,981,533

P&L

Year	2024	2023	2022	2021
Total operating income	25,098,969	46,164,477	50,582,369	60,168,086
Total operating costs	27,076,419	51,405,200	50,797,442	57,824,045
Operating result	-1,977,450	-5,240,723	-215,074	2,344,041
Financial income/costs	-2,932,968	-3,815,339	-1,945,726	-2,103,336
Profit before tax	-4,910,417	-9,056,062	-2,160,800	240,705
Total tax & extraordinary income/cost	6,000,000	0	0	0
Annual Total Result	-10,910,417	-9,056,062	-2,160,800	240,705

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,629,493	6,992,819	7,564,012	7,816,534
Total current assets	85,603,206	114,954,461	117,791,449	138,480,348
Total assets	87,232,699	121,947,280	125,355,462	146,296,882
Short term debt	14,506,574	29,392,609	23,514,729	32,608,095
Long term debt	41,950,000	50,790,000	51,020,000	60,707,254
Total liabilities	56,456,574	80,182,609	74,534,729	93,315,350
Contributed capital	30,776,125	41,764,671	46,751,006	46,751,006
Retained earnings	0	0	4,069,727	6,230,526
Total equity	30,776,125	41,764,671	50,820,733	52,981,533
Total equity and liabilities	87,232,699	121,947,280	125,355,462	146,296,882

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