CITYCON HERKULES EIENDOM AS

Operating

Creating cities full of life | Citycon

Citycon is the leading owner and developer of urban hubs in the Nordics and Baltics.

Kjøp, ledelse, forvaltning og utvikling av fast eiendom, herunder deltagelse i andre selskaper og alt som står i forbindelse med det.

Organization

CEO: OJ
Ondrej Jirák1977
Chairman of the board: FT
Fazeel Talat Butt1991
Years since formation: 28 years; since Sep 24, 1998
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 121,687,269; NOK
Annual total result 2025: 77,732,965; NOK

Last update: Jul 30, 2026

Management

Management / administration

Name	Role	Shares
OJ Ondrej Jirák 1977	Managing Director/CEO	-

Board

Name	Role	Shares
FT Fazeel Talat Butt 1991	Chairman	-
OJ Ondrej Jirák 1977	Board Member	-
BR Bent Rosenberg 1965	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
S STARIA NORWAY AS	Accountant	-

Last update: Jun 19, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
C CITYCON NORWAY AS	Ordinary shares	100,000	100 %

Shares owned by the CITYCON HERKULES EIENDOM AS

Name	Share class	Total number of shares	Share
I ISARPSBORG AS	E-shares	10	1.35 %

Last update: Jun 2, 2025

Group structure

CITYCON HOLDING AS
Total operating income 2025: NOK 0
Operating profit 2025: NOK -1,296,654
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	121,687,269	121,132,083	115,108,799	117,663,828	98,005,170
Annual Total Result	77,732,965	73,604,027	67,531,439	67,476,544	45,769,385
Total assets	0	932,368,098	837,706,092	797,338,283	748,547,995
Total liabilities	0	350,704,626	247,207,615	201,262,207	147,699,481
Total equity	0	581,663,472	590,498,477	596,076,076	600,848,514

P&L

Year	2025	2024	2023	2022	2021
Total operating income	121,687,269	121,132,083	115,108,799	117,663,828	98,005,170
Total operating costs	38,401,311	37,715,838	32,004,750	30,772,313	39,029,509
Operating result	83,285,958	83,416,244	83,104,049	86,891,515	58,975,661
Financial income/costs	16,371,688	10,947,893	3,474,719	-383,124	-296,961
Profit before tax	99,657,646	94,364,137	86,578,768	86,508,391	58,678,700
Total tax & extraordinary income/cost	21,924,681	20,760,110	19,047,329	19,031,847	12,909,315
Annual Total Result	77,732,965	73,604,027	67,531,439	67,476,544	45,769,385

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	865,649,428	794,095,961	741,319,950	736,326,116
Total current assets	66,718,670	43,610,130	56,018,333	12,221,879
Total assets	932,368,098	837,706,092	797,338,283	748,547,995
Short term debt	317,256,861	211,267,926	161,749,349	76,840,551
Long term debt	33,447,765	35,939,689	39,512,858	70,858,930
Total liabilities	350,704,626	247,207,615	201,262,207	147,699,481
Contributed capital	566,212,978	566,212,978	566,212,978	566,212,978
Retained earnings	15,450,494	24,285,499	29,863,098	34,635,536
Total equity	581,663,472	590,498,477	596,076,076	600,848,514
Total equity and liabilities	932,368,098	837,706,092	797,338,283	748,547,995

Classification

21st company classification

BETA

Industrial daughter company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

CITYCON HERKULES EIENDOM AS980 145 255