MOTTO EIENDOM AS • 823084102 • Skodje • Real estate activities

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Goods and trade

MOTTO EIENDOM AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: KH
Kjetil Høgbakken1967
Years since formation: 5 years; since Jul 19, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 2,875; 1 share class
Total number of shareholders: 4; companies
Belongs to group of

Financials

Total operating income 2023: 2,400,000; NOK
Annual total result 2023: 1,212,088; NOK
Total equity 2023: 3,268,906; NOK

Last update: Aug 29, 2024

Management

Board

Name	Role	Shares
KH Kjetil Høgbakken 1967	Chairman	-
MI Magne Idar Stige 1973	Board Member	16 % indirectly
OM Ole Melhus 1969	Board Member	13 % indirectly
TR Terje Rusten 1978	Board Member	16 % indirectly
TS Truls Skaugen 1967	Board Member	16 % indirectly

Others

Name	Role	Shares
H HASUND AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TS Truls Skaugen 1967	Board Member	16 % indirectly
TR Terje Rusten 1978	Board Member	16 % indirectly
MI Magne Idar Stige 1973	Board Member	16 % indirectly
OM Ole Melhus 1969	Board Member	13 % indirectly
KM Kaia Melhus 1999	-	13 % indirectly
MM Mikkel Melhus 1998	-	13 % indirectly
HM Hanna Melhus 1997	-	13 % indirectly

Last update: May 31, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
O OTTO OLSEN HOLDING AS	Ordinary shares	1,495	52 %
T TERU INVEST AS	Ordinary shares	460	16 %
Ø ØSTHAGEN INVEST AS	Ordinary shares	460	16 %
M MIST INVEST AS	Ordinary shares	460	16 %

Last update: May 24, 2024

Group structure

OTTO OLSEN HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -8,789,781
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	2,400,000	1,500,000	811,500
Annual Total Result	1,212,088	813,729	322,745
Total assets	11,752,754	7,582,651	4,468,694
Total liabilities	8,483,848	5,525,833	3,225,605
Total equity	3,268,906	2,056,818	1,243,089

P&L

Year	2023	2022	2021
Total operating income	2,400,000	1,500,000	811,500
Total operating costs	424,700	259,925	315,645
Operating result	1,975,300	1,240,075	495,856
Financial income/costs	-421,343	-201,232	-77,682
Profit before tax	1,553,958	1,038,843	418,174
Total tax & extraordinary income/cost	341,870	225,114	95,429
Annual Total Result	1,212,088	813,729	322,745

Balance overview

Year	2023	2022	2021
Total fixed assets	9,261,320	6,372,648	3,961,667
Total current assets	2,491,434	1,210,004	507,027
Total assets	11,752,754	7,582,651	4,468,694
Short term debt	1,402,029	249,513	100,098
Long term debt	0	0	3,125,507
Total liabilities	8,483,848	5,525,833	3,225,605
Contributed capital	1,179,675	1,179,675	856,930
Retained earnings	2,089,231	877,143	386,159
Total equity	3,268,906	2,056,818	1,243,089
Total equity and liabilities	11,752,754	7,582,651	4,468,694

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