NG DEVELOPMENT AS
Organization
- CEO
- KC
Kan Cao1965
- Chairman of the board
- KC
Kan Cao1965
- Years since formation
- 11 years
- since Feb 18, 2014
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 33,434
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 724,602
- NOK
- Annual total result 2024
- 1,302,051
- NOK
- Total equity 2024
- 75,092,698
- NOK
Last update: Jul 21, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KC 1965 | Managing Director/CEO | 100 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
KC 1965 | Chairman | 100 % indirectly |
FS 1963 | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KC 1965 | Managing Director/CEO, Chairman | 100 % indirectly |
Last update: Nov 11, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 33,434 | 100 % |
Shares owned by the NG DEVELOPMENT AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -279,548Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 724,602 | 56,621,653 | 78,612,532 | 62,156,653 |
Annual Total Result | 1,302,051 | 1,018,929 | 1,739,918 | 10,833,441 |
Total assets | 425,832,867 | 513,911,489 | 526,916,506 | 429,333,261 |
Total liabilities | 350,740,169 | 411,591,874 | 461,798,769 | 383,505,442 |
Total equity | 75,092,698 | 102,319,616 | 65,117,737 | 45,827,819 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 724,602 | 56,621,653 | 78,612,532 | 62,156,653 |
Total operating costs | 5,029,890 | 55,818,800 | 76,445,376 | 48,333,986 |
Operating result | -4,305,287 | 802,853 | 2,167,156 | 13,822,667 |
Financial income/costs | 5,974,584 | 503,467 | 64,374 | 68,615 |
Profit before tax | 1,669,297 | 1,306,320 | 2,231,530 | 13,891,283 |
Total tax & extraordinary income/cost | 367,246 | 287,391 | 491,612 | 3,057,842 |
Annual Total Result | 1,302,051 | 1,018,929 | 1,739,918 | 10,833,441 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 126,621,275 | 127,169,518 | 295,260,096 | 354,733,166 |
Total current assets | 299,211,592 | 386,741,971 | 231,656,410 | 74,600,095 |
Total assets | 425,832,867 | 513,911,489 | 526,916,506 | 429,333,261 |
Short term debt | 88,205,324 | 137,883,603 | 106,822,595 | 80,494,309 |
Long term debt | 0 | 0 | 0 | 303,011,134 |
Total liabilities | 350,740,169 | 411,591,874 | 461,798,769 | 383,505,442 |
Contributed capital | 14,769,209 | 14,769,209 | 23,763,242 | 23,763,242 |
Retained earnings | 60,323,489 | 87,550,407 | 41,354,495 | 22,064,577 |
Total equity | 75,092,698 | 102,319,616 | 65,117,737 | 45,827,819 |
Total equity and liabilities | 425,832,867 | 513,911,489 | 526,916,506 | 429,333,261 |
Classification
Category
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
68.3
Main industrial group
Real estate activities on a fee or contract basis
68.32
Industrial group
Management of real estate on a fee or contract basis
68.320
Industrial group
Management of real estate on a fee or contract basis