UP NORTH HOSPITALITY AS • 925951331 • Oslo • Accommodation

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Hotel and catering

/ Accommodation

UP NORTH HOSPITALITY AS

Keywords

hotelmotel

Organization

CEO: SA
Svein Arild Steen-Mevold1967
Chairman of the board: RA
Roger Adolfsen1964
Years since formation: 4 years; since Nov 12, 2020
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1,000,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 6,040,453; NOK
Annual total result 2023: 317,628; NOK
Total equity 2023: 2,798,106; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
SA Svein Arild Steen-Mevold 1967	Managing Director/CEO	9.9 % indirectly

Board

Name	Role	Shares
RA Roger Adolfsen 1964	Chairman	35.16 % indirectly
KA Kristian Arne Adolfsen 1961	Board Member	35.16 % indirectly
SA Svein Arild Steen-Mevold 1967	Board Member	9.9 % indirectly

Others

Name	Role	Shares
K KPMG AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KA Kristian Arne Adolfsen 1961	Board Member	35.16 % indirectly
RA Roger Adolfsen 1964	Chairman	35.16 % indirectly
SA Svein Arild Steen-Mevold 1967	Managing Director/CEO, Board Member	9.9 % indirectly
GH Geir Hjorth 1954	-	1.04 % indirectly

Last update: Oct 18, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N NORLANDIA HOTEL GROUP AS	Ordinary shares	901,000	90.1 %
S STEEN MEVOLD INVEST AS	Ordinary shares	99,000	9.9 %

Shares owned by the UP NORTH HOSPITALITY AS

Name	Share class	Number of shares	Share
P PARK HOTEL VOSSEVANGEN AS	Ordinary shares	30	100 %
S STAVANGER APARTMENT HOTELLDRIFT AS	Ordinary shares	30,000	100 %
U ULLEVÅL HOTELLDRIFT AS	Ordinary shares	30,000	100 %
V VICTORIA HOTELLDRIFT AS	Ordinary shares	10,000	100 %
F FORUM HOTELLDRIFT AS	Ordinary shares	3,000	100 %
H HELLERUDSLETTA DRIFT AS	Ordinary shares	150,000	50 %

Last update: May 24, 2024

Group structure

HOSPITALITY INVEST AS
Total operating income 2023: NOK 18,503,000
Operating profit 2023: NOK -8,707,000
Employees: 9

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	6,040,453	5,106,543	2,497,347
Annual Total Result	317,628	8,557	-2,477,342
Total assets	21,829,402	20,281,326	12,303,117
Total liabilities	19,031,296	17,481,326	9,511,673
Total equity	2,798,106	2,800,000	2,791,443

P&L

Year	2023	2022	2021
Total operating income	6,040,453	5,106,543	2,497,347
Total operating costs	4,776,424	4,467,912	5,582,983
Operating result	1,264,028	638,631	-3,085,636
Financial income/costs	-856,279	-627,661	-90,443
Profit before tax	407,749	10,970	-3,176,079
Total tax & extraordinary income/cost	90,121	2,413	-698,737
Annual Total Result	317,628	8,557	-2,477,342

Balance overview

Year	2023	2022	2021
Total fixed assets	10,517,647	7,643,738	4,502,125
Total current assets	11,311,755	12,637,588	7,800,992
Total assets	21,829,402	20,281,326	12,303,117
Short term debt	5,015,766	17,481,326	9,511,673
Long term debt	14,015,530	0	0
Total liabilities	19,031,296	17,481,326	9,511,673
Contributed capital	5,267,560	5,267,560	5,267,560
Retained earnings	-2,469,454	-2,467,560	-2,476,117
Total equity	2,798,106	2,800,000	2,791,443
Total equity and liabilities	21,829,402	20,281,326	12,303,117

Classification

Category

Hotel and catering

/ Accommodation

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

I

Main industrial area

Accommodation and food service activities

55

Activity

Accommodation

55.1

Main industrial group

Hotels and similar accommodation

55.10

Industrial group

Hotels and similar accommodation

55.101

Industrial group

Hotels and motels with restaurant