LG 5 SUB-HOLDING AS • 919947039 • Oslo • Construction of buildings

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/ Purchase and sale

/ 41.109 Other development and sale of real estate

LG 5 SUB-HOLDING AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board: SG
Svein Gustav Hovland1968
Years since formation: 8 years; since Nov 22, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

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

Financials

Annual total result 2024: -43,509; NOK
Total equity 2024: 317,989,535; NOK

Last update: Apr 2, 2025

Management

Board

Name	Role	Shares
A ARCTIC REAL ESTATE MANAGEMENT AS	Business Manager	-
KN Kristian Nordtømme 1977	Contact Person	-
PØ Per Øivind Kjærnsmo 1963	Board Member	2.3 % indirectly
SG Svein Gustav Hovland 1968	Chairman	-
TB Trond Borge 1951	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
A ARCTIC REAL ESTATE MANAGEMENT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
EG Eivind Gunvaldsen 1973	-	6 % indirectly
HP Hans Petter Moe 1954	-	3.3 % indirectly
CR Cathrine Refsnes 1984	-	2.68 % indirectly
PG Philip George Aarskog 1985	-	2.5 % indirectly
PØ Per Øivind Kjærnsmo 1963	Board Member	2.3 % indirectly
JO Jonas Olai Borge 1981	-	2.24 % indirectly
JB Janne Borge Stray 1979	-	2.24 % indirectly
EL Elisabeth Lein Oksvik 1969	-	1.8 % indirectly
EF Eli Fure 1952	-	1.5 % indirectly
TW Terje Wassteig 1952	-	1.5 % indirectly

Last update: Apr 2, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
L LG5 HOLDING AS	Ordinary shares	1	100 %

Shares owned by the LG 5 SUB-HOLDING AS

Name	Share class	Total number of shares	Share
L LILLE GRENSEN 5 AS	Ordinary shares	1	100 %

Last update: May 24, 2024

Group structure

LG5 INVEST AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -1,151,326
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022
Total operating income	0	0	0
Annual Total Result	-43,509	-57,019	-4,197,159
Total assets	317,989,535	337,933,045	338,030,656
Total liabilities	0	0	40,592
Total equity	317,989,535	337,933,045	337,990,064

P&L

Year	2024	2023	2022
Total operating income	0	0	0
Total operating costs	46,426	60,584	89,619
Operating result	-46,426	-60,584	-89,619
Financial income/costs	2,917	3,565	-4,107,540
Profit before tax	-43,509	-57,019	-4,197,159
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-43,509	-57,019	-4,197,159

Balance overview

Year	2024	2023	2022
Total fixed assets	317,957,823	337,857,823	337,857,823
Total current assets	31,713	75,222	172,833
Total assets	317,989,535	337,933,045	338,030,656
Short term debt	0	0	40,592
Long term debt	0	0	0
Total liabilities	0	0	40,592
Contributed capital	317,989,535	337,933,045	337,990,064
Retained earnings	0	0	0
Total equity	317,989,535	337,933,045	337,990,064
Total equity and liabilities	317,989,535	337,933,045	338,030,656

Classification

Category

/ Purchase and sale

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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate