ULSTEIN HOTELL AS

Organization

CEO: SK
Steinar Kulen1954
Chairman of the board: SK
Steinar Kulen1954
Years since formation: 19 years; since Jun 26, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 4,589,272; 1 share class
Total number of shareholders: 26; 22 companies, 4 persons
Belongs to group of

Financials

Total operating income 2024: 10,982,284; NOK
Annual total result 2024: 753,583; NOK
Total equity 2024: 34,029,346; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
SK Steinar Kulen 1954	Managing Director/CEO	-

Board

Name	Role	Shares
SK Steinar Kulen 1954	Chairman	-
VU Vegard Ulstein 1965	Board Member	1.95 % indirectly
AK Annelise Kleven Godø 1961	Board Member	10.69 % indirectly
JO Jon Ove Ringstad 1961	Board Member	-
BU Brynhild Ulstein 1958	Alternate Member	1.74 % directly

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
SU Solveig Ulstein 1955	-	14.4 % indirectly
AK Annelise Kleven Godø 1961	Board Member	10.69 % indirectly
KK Kjersti Kleven 1967	-	7.94 % indirectly
MU Martin Ulstein 1948	-	6.81 % indirectly
PM Per Marius Roppen 1998	-	3.66 % indirectly
KR Kornelia Roppen 2002	-	3.66 % indirectly
SK Solveig Kristensen 1958	-	2.42 % indirectly
DU Dag Ulstein Kristensen 1964	-	2.34 % indirectly
IM Idar Marius Ulstein 1977	-	1.95 % indirectly
VU Vegard Ulstein 1965	Board Member	1.95 % indirectly

Last update: Feb 24, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
J JOHN KLEVEN AS	Ordinary shares	1,401,232	30.53 %
U ULSTEIN KULEN AS	Ordinary shares	676,831	14.75 %
U ULSMO AS	Ordinary shares	498,870	10.87 %
M MARTIN AS	Ordinary shares	312,304	6.81 %
B BORGSTEIN VERDI AS	Ordinary shares	263,368	5.74 %
E EMAR INVEST AS	Ordinary shares	111,916	2.44 %
I INGER M KRISTENSEN AS	Ordinary shares	111,488	2.43 %
S SOLNES AS	Ordinary shares	111,064	2.42 %
D DAGNY 4 AS	Ordinary shares	97,024	2.11 %
BU Brynhild Ulstein 1958	Ordinary shares	79,834	1.74 %
SK Svein Kåre Vattøy 1954	Ordinary shares	79,808	1.74 %
V VIKHOLMEN AS	Ordinary shares	78,983	1.72 %
U ULMAR AS	Ordinary shares	78,983	1.72 %
H HUK INVEST AS	Ordinary shares	78,982	1.72 %
M MARGENTUM AS	Ordinary shares	78,769	1.72 %
B BEELINE AS	Ordinary shares	75,935	1.65 %
L LOJAL AS	Ordinary shares	75,935	1.65 %
I INGUS AS	Ordinary shares	75,509	1.65 %
GM Gro-Lise Myklebust Rise 1968	Ordinary shares	70,952	1.55 %
MS Moldskred Soma Gunn 1970	Ordinary shares	70,952	1.55 %
S STOKKE INDUSTRI AS	Ordinary shares	59,755	1.3 %
B BORGSTEIN AS	Ordinary shares	44,247	0.96 %
O OSNESET AS	Ordinary shares	21,232	0.46 %
M MIRAA HOLDING AS	Ordinary shares	15,754	0.34 %
D DUK INVEST AS	Ordinary shares	14,720	0.32 %
M MIMAR AS	Ordinary shares	4,825	0.11 %

Shares owned by the ULSTEIN HOTELL AS

Name	Share class	Total number of shares	Share
C COAST SAFARI AS	Ordinary shares	1,500	100 %
U ULSTEIN KULTUR- OG KONFERANSESENTER AS	Ordinary shares	120	50 %
S SPAREBANKEN NORGE	NO0006000900	1,147	< 0.01 %
A AKER ASA	NO0010234552	249	< 0.01 %
S STOREBRAND ASA	NO0003053605	1,095	< 0.01 %
S SPAREBANK 1 ØSTLANDET	NO0010751910	608	< 0.01 %
V VÅR ENERGI ASA	NO0011202772	1,242	< 0.01 %
S SPAREBANKEN MØRE	NO0012483207	929	< 0.01 %
S SPAREBANK 1 SMN	NO0006390301	1,499	< 0.01 %
S SPAREBANK 1 SØR-NORGE ASA	NO0010631567	940	< 0.01 %
S SPAREBANK 1 NORD-NORGE	NO0006000801	1,140	< 0.01 %
S SALMAR ASA	NO0010310956	64	< 0.01 %
M MOWI ASA	NO0003054108	246	< 0.01 %
E EQUINOR ASA	NO0010096985	229	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	164	< 0.01 %
S SCATEC ASA	NO0010715139	426	< 0.01 %
D DNB BANK ASA	NO0010161896	984	< 0.01 %
G GJENSIDIGE FORSIKRING ASA	NO0010582521	686	< 0.01 %

Last update: Jun 2, 2025

Group structure

ULSTEIN HOTELL AS
Total operating income 2024: NOK 10,982,284
Operating profit 2024: NOK 4,291,617
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	10,982,284	10,261,041	8,462,542	7,429,560
Annual Total Result	753,583	118,413	1,088,435	1,897,819
Total assets	116,921,897	120,253,870	122,558,596	123,923,550
Total liabilities	82,892,551	86,478,107	88,401,246	90,354,636
Total equity	34,029,346	33,775,763	34,157,350	33,568,915

P&L

Year	2024	2023	2022	2021
Total operating income	10,982,284	10,261,041	8,462,542	7,429,560
Total operating costs	6,690,667	4,002,267	4,081,524	3,748,111
Operating result	4,291,617	6,258,774	4,381,018	3,681,449
Financial income/costs	-3,644,602	-5,795,862	-2,994,793	-1,398,099
Profit before tax	647,015	462,912	1,386,225	2,283,350
Total tax & extraordinary income/cost	-106,568	344,499	297,790	385,531
Annual Total Result	753,583	118,413	1,088,435	1,897,819

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	106,582,308	107,169,250	94,391,249	108,997,840
Total current assets	10,339,589	13,084,620	28,167,347	14,925,710
Total assets	116,921,897	120,253,870	122,558,596	123,923,550
Short term debt	1,508,612	2,656,929	2,051,282	1,426,869
Long term debt	81,383,939	83,821,178	86,349,965	88,927,767
Total liabilities	82,892,551	86,478,107	88,401,246	90,354,636
Contributed capital	18,034,269	18,034,269	18,034,269	18,034,269
Retained earnings	15,995,077	15,741,494	16,123,081	15,534,646
Total equity	34,029,346	33,775,763	34,157,350	33,568,915
Total equity and liabilities	116,921,897	120,253,870	122,558,596	123,923,551

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

ULSTEIN HOTELL AS989 986 422

ULSTEIN HOTELL AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the ULSTEIN HOTELL AS

Group structure

Financials

Summary

P&L

Balance overview

Classification