FACTORY NO. 7 PROPERTY AS • 989027360 • Sandnes • Real estate activities

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Goods and trade

FACTORY NO. 7 PROPERTY AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: GK
Gert Kåre Gill1957
Chairman of the board: JH
Jan Henrik Jelsa1965
Years since formation: 19 years; since Jan 4, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 2,000; 1 share class
Total number of shareholders: 4; companies

Financials

Total operating income 2023: 2,754,161; NOK
Annual total result 2023: -1,645,567; NOK
Total equity 2023: -6,357,589; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
GK Gert Kåre Gill 1957	Managing Director/CEO	25 % indirectly

Board

Name	Role	Shares
JH Jan Henrik Jelsa 1965	Chairman	12.5 % indirectly
GK Gert Kåre Gill 1957	Board Member	25 % indirectly
AI Arne Incoronato 1964	Board Member	21.25 % indirectly
WG William Gulliksen 1955	Board Member	6.25 % indirectly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
L LIGO REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
GK Gert Kåre Gill 1957	Managing Director/CEO, Board Member	25 % indirectly
AI Arne Incoronato 1964	Board Member	21.25 % indirectly
JH Jan Henrik Jelsa 1965	Chairman	12.5 % indirectly
PG Preben Bøe Gulliksen 1986	-	6.25 % indirectly
AG Atle Bøe Gulliksen 1978	-	6.25 % indirectly
WG William Gulliksen 1955	Board Member	6.25 % indirectly
FG Frode Bøe Gulliksen 1982	-	6.25 % indirectly
HA Henrik Andre Jelsa 1990	-	6.25 % indirectly
AJ Alf Christian Jelsa 1993	-	6.25 % indirectly
SI Steven Incoronato 1987	-	3.75 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
W WILMAR GRUPPEN AS	Ordinary shares	500	25 %
J JELSA INVESTERING AS	Ordinary shares	500	25 %
G GILL INVEST AS	Ordinary shares	500	25 %
A A R INCORONATO AS	Ordinary shares	500	25 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	2,754,161	2,302,286	1,371,662
Annual Total Result	-1,645,567	-2,303,661	-1,308,396
Total assets	23,666,303	24,435,813	24,001,753
Total liabilities	30,023,892	29,147,835	26,410,114
Total equity	-6,357,589	-4,712,022	-2,408,361

P&L

Year	2023	2022	2021
Total operating income	2,754,161	2,302,286	1,371,662
Total operating costs	3,156,722	3,741,467	2,113,073
Operating result	-402,561	-1,439,181	-741,412
Financial income/costs	-1,243,005	-864,480	-566,984
Profit before tax	-1,645,567	-2,303,661	-1,308,396
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-1,645,567	-2,303,661	-1,308,396

Balance overview

Year	2023	2022	2021
Total fixed assets	22,821,525	22,902,302	22,479,924
Total current assets	844,779	1,533,511	1,521,829
Total assets	23,666,303	24,435,813	24,001,753
Short term debt	873,892	1,347,835	410,114
Long term debt	29,150,000	27,800,000	26,000,000
Total liabilities	30,023,892	29,147,835	26,410,114
Contributed capital	2,000,000	2,000,000	2,000,000
Retained earnings	-8,357,589	-6,712,022	-4,408,361
Total equity	-6,357,589	-4,712,022	-2,408,361
Total equity and liabilities	23,666,303	24,435,813	24,001,753

Classification

Category

Goods and trade

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

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate