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V

VÅGALIA UTVIKLING AS991 470 891

Limited company
Langgata 41 4306 SANDNES, Norge

VÅGALIA UTVIKLING AS

Operating
Kjøpe, selge, eie og utvikle eiendom.
Eiendomsutvikling og forvaltning.

Organization

CEO
KØ

Karstein Øvstebø1948

Chairman of the board
AØ

Arne Øvstebø1952

Years since formation
19 years
since Jul 30, 2007
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
200,000
1 share class
Total number of shareholders
3
companies

Financials

Total operating income 2025
4,099,130
NOK
Annual total result 2025
1,258,398
NOK
Total equity 2025
20,503,844
NOK
Last update: Jun 18, 2026

Management

Management / administration

NameRoleShares
KØ

Karstein Øvstebø

1948

Managing Director/CEO
10.35 %
indirectly

Board

NameRoleShares
AØ

Arne Øvstebø

1952

Chairman
10.19 %
indirectly
DØ

Daniel Øvstebø

1943

Board Member
10.2 %
indirectly
KØ

Karstein Øvstebø

1948

Board Member
10.35 %
indirectly
ST

Stig Traa Thorsen

1978

Board Member
10.2 %
indirectly

Others

NameRoleShares
R
REVISJON RYFYLKE AS
Auditor-

Top 10 individual shareholders

NameRoleShares
KØ

Karstein Øvstebø

1948

Managing Director/CEO, Board Member
10.35 %
indirectly
DØ

Daniel Øvstebø

1943

Board Member
10.2 %
indirectly
ST

Stig Traa Thorsen

1978

Board Member
10.2 %
indirectly
AØ

Arne Øvstebø

1952

Chairman
10.19 %
indirectly
TK

Trond Kjetil Øvstebø

1986

-
5.93 %
indirectly
KN

Kristin Nordbø

1978

-
5.93 %
indirectly
AØ

Anita Øvstebø Bjerke

1970

-
5.93 %
indirectly
ÅH

Åshild Himle

1971

-
5.93 %
indirectly
BØ

Bodhild Øvstebø

1975

-
5.93 %
indirectly
TØ

Torben Øvstebø

1972

-
4.08 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
D
DANA HOLDING AS
Ordinary shares
80,000
40 %
Ø
ØVSTEBØ INVEST AS
Ordinary shares
80,000
40 %
D
DUBERGET PROSJEKT AS
Ordinary shares
40,000
20 %

Shares owned by the VÅGALIA UTVIKLING AS

NameShare classTotal number of sharesShare
V
VÅGALIA AS
Ordinary shares
500
50 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
4,099,130
47,481
68,190
26,560,000
90,000
Annual Total Result
1,258,398
-2,303,350
-1,655,693
-3,085,553
-610,797
Total assets
26,512,946
36,461,501
37,548,457
30,545,394
30,896,706
Total liabilities
6,009,102
11,216,054
9,999,661
27,590,905
24,856,665
Total equity
20,503,844
25,245,446
27,548,796
2,954,489
6,040,042

P&L

Year20252024202320222021
Total operating income
4,099,130
47,481
68,190
26,560,000
90,000
Total operating costs
2,708,663
1,724,122
323,918
28,702,678
175,787
Operating result
1,390,467
-1,676,641
-255,728
-2,142,678
-85,787
Financial income/costs
-132,069
-626,708
-1,399,965
-942,875
-525,010
Profit before tax
1,258,398
-2,303,350
-1,655,693
-3,085,553
-610,797
Total tax & extraordinary income/cost
0
0
0
0
0
Annual Total Result
1,258,398
-2,303,350
-1,655,693
-3,085,553
-610,797

Balance overview

Year20252024202320222021
Total fixed assets
17,009,770
31,509,770
31,509,770
24,495,333
1,040,000
Total current assets
9,503,176
4,951,731
6,038,687
6,050,060
29,856,706
Total assets
26,512,946
36,461,501
37,548,457
30,545,394
30,896,706
Short term debt
6,009,102
21,583
3,911,256
3,902,645
77,996
Long term debt
0
11,194,471
6,088,405
23,688,260
24,778,669
Total liabilities
6,009,102
11,216,054
9,999,661
27,590,905
24,856,665
Contributed capital
19,245,446
25,245,446
29,450,000
3,200,000
6,040,042
Retained earnings
1,258,398
0
-1,901,204
-245,511
0
Total equity
20,503,844
25,245,446
27,548,796
2,954,489
6,040,042
Total equity and liabilities
26,512,946
36,461,501
37,548,457
30,545,394
30,896,706

Classification

21st company classification
BETA
Small 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