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NG DEVELOPMENT AS913 251 679

Other Real Estate
Limited company
Christies gate 14 5015 BERGEN, Norge
Services
/ Other Real Estate
/ 68.320 Management of real estate on a fee or contract basis

NG DEVELOPMENT AS

Operating
Kjøp, salg, drift og utvikling av eiendommer, samt annen virksomhet som naturlig faller sammen med dette. Handelsvirksomhet. Invisteringsvirksomhet
Eiendomsforvaltning

Organization

CEO
KC

Kan Cao1965

Chairman of the board
KC

Kan Cao1965

Years since formation
12 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 2025
4,742,933
NOK
Annual total result 2025
1,328,889
NOK
Last update: Jul 29, 2026

Management

Management / administration

NameRoleShares
KC

Kan Cao

1965

Managing Director/CEO
100 %
indirectly

Board

NameRoleShares
KC

Kan Cao

1965

Chairman
100 %
indirectly
FS

Feng Sheng Zheng

1963

Alternate Member-

Others

NameRoleShares
C
COLLEGIUM REVISJON AS
Auditor-
Ø
ØKONOMIHUSET AS
Accountant-

Top 10 individual shareholders

NameRoleShares
KC

Kan Cao

1965

Managing Director/CEO, Chairman
100 %
indirectly
Last update: Nov 11, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
N
NORDIC GROUP HOLDING AS
Ordinary shares
33,434
100 %

Shares owned by the NG DEVELOPMENT AS

NameShare classTotal number of sharesShare
N
NG EIENDOMSDRIFT AS
Ordinary shares
100
100 %
N
NGD BLOKK A AS
Ordinary shares
100
100 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
4,742,933
724,602
56,621,653
78,612,532
62,156,653
Annual Total Result
1,328,889
1,302,051
1,018,929
1,739,918
10,833,441
Total assets
0
425,832,867
513,911,489
526,916,506
429,333,261
Total liabilities
0
350,740,169
411,591,874
461,798,769
383,505,442
Total equity
0
75,092,698
102,319,616
65,117,737
45,827,819

P&L

Year20252024202320222021
Total operating income
4,742,933
724,602
56,621,653
78,612,532
62,156,653
Total operating costs
6,447,077
5,029,890
55,818,800
76,445,376
48,333,986
Operating result
-1,704,144
-4,305,287
802,853
2,167,156
13,822,667
Financial income/costs
3,407,956
5,974,584
503,467
64,374
68,615
Profit before tax
1,703,812
1,669,297
1,306,320
2,231,530
13,891,283
Total tax & extraordinary income/cost
374,923
367,246
287,391
491,612
3,057,842
Annual Total Result
1,328,889
1,302,051
1,018,929
1,739,918
10,833,441

Balance overview

Year20252024202320222021
Total fixed assets
0
126,621,275
127,169,518
295,260,096
354,733,166
Total current assets
0
299,211,592
386,741,971
231,656,410
74,600,095
Total assets
0
425,832,867
513,911,489
526,916,506
429,333,261
Short term debt
0
88,205,324
137,883,603
106,822,595
80,494,309
Long term debt
0
0
0
0
303,011,134
Total liabilities
0
350,740,169
411,591,874
461,798,769
383,505,442
Contributed capital
0
14,769,209
14,769,209
23,763,242
23,763,242
Retained earnings
0
60,323,489
87,550,407
41,354,495
22,064,577
Total equity
0
75,092,698
102,319,616
65,117,737
45,827,819
Total equity and liabilities
0
425,832,867
513,911,489
526,916,506
429,333,261

Classification

21st company classification
BETA
Industrial daughter company
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