MERKANTILBYGG HOLDING AS

Operating

Kjøp og salg av fast eiendom, utleie av fast eiendom og det som naturlig hører inn under slik virksomhet samt ha interesser i annen virksomhet.

Utleie av egen eller leid eiendom.

Organization

CEO: TB
Thorodd Bakken1972
Chairman of the board: BB
Bjarte Bøe1957
Years since formation: 31 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 103,169; 3 share classes
Total number of shareholders: 5; 4 companies, 1 person
Belongs to group of

Financials

Total operating income 2024: 17,286,221; NOK
Annual total result 2024: 339,409,684; NOK
Total equity 2024: 1,147,112,114; NOK

Last update: Mar 11, 2026

Locations

Company address
Colbjørnsens gate 1 0256 OSLO, Norge
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Management

Management / administration

Name	Role	Shares
TB Thorodd Bakken 1972	Managing Director/CEO	-

Board

Name	Role	Shares
PG Pål Georg Gundersen 1952	Board Member	28.76 % directly 0.1 % indirectly 28.66 %
BB Bjarte Bøe 1957	Chairman	-
HJ Helene Jebsen Anker 1959	Board Member	-
TS Tone Skjellaug Gundersen 1970	Board Member	1.17 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-
M MALLING & CO FORVALTNING AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
PG Pål Georg Gundersen 1952	Board Member	28.76 % directly 0.1 % indirectly 28.66 %
AC Ane Cecilie Gjøstøl Wiser 1982	-	7.71 % indirectly
TC Tine Camilla Gjøstøl 1979	-	7.03 % indirectly
SG Skjellaug Gundersen Leo 2006	-	3.9 % indirectly
TS Tone Skjellaug Gundersen 1970	Board Member	1.17 % indirectly

Last update: Mar 11, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
P P. G. GUNDERSEN GRUPPEN AS	Class B shares	99,900	96.83 %
C CEC INVEST AS	Preference shares	1,739	1.69 %
C CAM INVEST AS	Preference shares	1,039	1.01 %
T TOLELI AS	Preference shares	391	0.38 %
PG Pål Georg Gundersen 1952	A-shares	100	0.1 %

Shares owned by the MERKANTILBYGG HOLDING AS

Name	Share class	Total number of shares	Share
S SPRO HAVN NÆRING FORRETNING AS Closed	Ordinary shares	1	100 %
S SPRO HAVN NÆRING BARNEHAGE AS Closed	Ordinary shares	1	100 %
S SPRO HAVN B3 NÆRING AS Closed	Ordinary shares	1	100 %
R ROSENLUNDGATA 9 B AS Closed	Ordinary shares	100	100 %
W WILHELMSGATE 3 AS Closed	Ordinary shares	420	100 %
F FRYDENLUNDGATE 6 AS Closed	Ordinary shares	30	100 %
W WDM THRANESGATE 4 AS Closed	Ordinary shares	200	100 %
C CITY HOUSING HETLANDSGATA AS Closed	Ordinary shares	100	100 %
H HEGDEHAUGSVEIEN 22 AS Closed	Ordinary shares	100	100 %
G GUSTAV BLOMS GATE 4-6-8 AS Closed	Ordinary shares	18,398	100 %
S SORGENFRIGATEN 16 AS Closed	Ordinary shares	1,000	100 %
U ULLERÅLSGATA 2-4 AS	Ordinary shares	110	100 %
M MB PROPERTY 2 AS	Ordinary shares	1,000	100 %
U UNDERHAUGSVEIEN 15 AS	Ordinary shares	1,500	100 %
B BJØRNVEIEN AS	Ordinary shares	74,000	100 %
B BYGDØY ALLE 53 AS	Ordinary shares	1,000	100 %
R RISVOLLEN DRIFT AS	Ordinary shares	30	100 %
S ST. OLAVS GATE 2 AS	Ordinary shares	30	100 %
S SILUR EIENDOM AS	Ordinary shares	1,000	100 %
W WALDEMAR THRANES GATE 10 AS	Ordinary shares	30,000	100 %
C CARL BERNERS PLASS EIENDOMSMEGLING AS Under liquidation	Ordinary shares	100	100 %
B BOGSTADVEIEN 9B AS	Ordinary shares	365,038,109	100 %
S ST. OLAVS GATE 4 AS	Ordinary shares	30,000	100 %
A AKERSGATEN 73 B-E AS	Ordinary shares	100	100 %
H HEGDEHAUGSVEIEN 30 AS	Ordinary shares	180	100 %
C CITY HOUSING HINNA AS Closed	Ordinary shares	1,000	100 %
G GEILOGRUPPEN AS	Ordinary shares	10,000	100 %
H HEGDEHAUGSVEIEN 32 AS	Ordinary shares	30	100 %
H HHV32 AS	Ordinary shares	30	100 %
M MOSS SENTRUM EIENDOM AS	Ordinary shares	30,000	100 %
M MB TBD 2 AS	Ordinary shares	1,000	100 %
H HIGHLAND LODGE FJELLANDSBY AS	Ordinary shares	200	100 %
F FOSSVEIEN 9 AS Closed	Ordinary shares	30	100 %
G GRINIDAMMEN 10 AS	Ordinary shares	30	100 %
I INDUSTRIGATEN 46 AS	Ordinary shares	100	100 %
C CONRADIS GATE 6 AS Closed	Ordinary shares	30,000	100 %
K KIØSTERUDGÅRDEN AS	Ordinary shares	30	100 %
O OSCARSGATE 86 AS	Ordinary shares	200	100 %
T TOLLBODEN PORSGRUNN AS	Ordinary shares	30	100 %
M MB TBD 3 AS	Ordinary shares	30	100 %
G GUNDERSEN COLLECTION FINE ART AS	Ordinary shares	103,869	100 %
M MIDDELTHUNS GATE 12 AS	Ordinary shares	30,000	100 %
A ARNEGÅRDSVEIEN 1 AS	Ordinary shares	100	100 %
M MELKØYVEIEN HAMMERFEST AS	Ordinary shares	30	100 %
F FJELLHYLLE AS	Ordinary shares	1,000	100 %
K KASTELLVEIEN 19 AS	Ordinary shares	30	100 %
S SEILDUKSGATA 1 AS	Ordinary shares	3,000	100 %
M MB PROPERTY 1 AS	Ordinary shares	3,000	100 %
C COLBJØRNSENS GATE 3 AS	Ordinary shares	645	100 %
B BYGDØY ALLE 21 AS	Ordinary shares	120	100 %
M MERKANTILBYGG AS	Ordinary shares	1,000,000	100 %
S SORGENFRIGATEN 4 AS	Ordinary shares	3,600	100 %
C COLBJØRNSENSGATE 1 AS	Ordinary shares	530	100 %
B BROBEKKVEIEN 51-55 AS	Ordinary shares	244,887,300	100 %
E ERLING SKJALGSSONSGATE 19 AS	Ordinary shares	196	100 %
H HEYERDAHLS VEI 3B AS	Ordinary shares	128	100 %
S SPORVEISGATEN 20 AS	Ordinary shares	10,000	100 %
T THERESESGATE 20 AS Closed	Ordinary shares	100,000	100 %
F FRYDENLUNDSGATE 2 AS Closed	Ordinary shares	1,000	100 %
C COLBJØRNSENS GATE 4 AS	Ordinary shares	125,000,000	100 %
H HELGESENSGATE 1 AS	Ordinary shares	100	100 %
N NIELS JUELS GATE 31 AS	Ordinary shares	222,698	100 %
D DRAMMENSVEIEN 82 AS	Ordinary shares	154,127	100 %
W WALDEMAR THRANESGATE 6 AS	Ordinary shares	802,063	100 %
U ULLEVÅLSVEIEN 1 AS	Ordinary shares	308,412	100 %
V VOGTSGATE 48 AS	Ordinary shares	100	100 %
S SØNDRE TORV 4 AS	Ordinary shares	105	100 %
S SKOVVEIEN 12 AS	Ordinary shares	1,000	100 %
A ARBINSGATE 3 AS	Ordinary shares	1,000	100 %
F FROGNER HOUSE APARTMENTS AS	Ordinary shares	660	100 %
F FILEFLOW AS	Ordinary shares	100,000	100 %
G GARDEVEIEN 2 AS Closed	Ordinary shares	2,400	100 %
F FRØYAS GATE 9 AS	Ordinary shares	30,000	100 %
K KORSGATA 25 AS Closed	Ordinary shares	100	100 %
S SEILDUKSGATA 23 AS Closed	Ordinary shares	500	100 %
A ANKERVEIEN 12 AS	Ordinary shares	100	100 %
B BYGDØY ALLE 39 AS Closed	Class B shares	98	98 %
L LYSEREN STRANDPARK AS	Ordinary shares	950	95 %
D DAL LEIR AS	Ordinary shares	70	70 %
P PRINS OSCARS GATE 16 AS	Ordinary shares	500	50 %
K KRUSESGATE 8 AS	Class B shares	150	50 %
H HELGESENSGATE 12-14 HOLDING AS	Ordinary shares	1	50 %
S SJØGATA 8-10 AS	Ordinary shares	5,500	50 %
S SPRO HAVN AS	Ordinary shares	1	33.33 %

Last update: Jun 2, 2025

Group structure

P. G. GUNDERSEN GRUPPEN AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -29,504
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	17,286,221	54,691,583	8,103,709	5,611,317
Annual Total Result	339,409,684	-479,745,436	107,517,976	110,385,157
Total assets	6,359,146,679	8,515,891,470	9,290,277,852	8,276,058,494
Total liabilities	5,212,034,565	7,708,189,041	7,902,829,987	6,986,104,642
Total equity	1,147,112,114	807,702,429	1,387,447,865	1,289,953,851

P&L

Year	2024	2023	2022	2021
Total operating income	17,286,221	54,691,583	8,103,709	5,611,317
Total operating costs	25,541,045	47,699,741	31,748,186	30,196,638
Operating result	-8,254,824	6,991,842	-23,644,477	-24,585,321
Financial income/costs	324,026,349	-510,315,143	150,307,601	141,642,161
Profit before tax	315,771,525	-503,323,301	126,663,124	117,056,840
Total tax & extraordinary income/cost	-23,638,159	-23,577,865	19,145,148	6,671,683
Annual Total Result	339,409,684	-479,745,436	107,517,976	110,385,157

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	5,320,623,997	6,404,362,383	6,384,444,835	5,829,113,214
Total current assets	1,038,522,682	2,111,529,087	2,905,833,017	2,446,945,280
Total assets	6,359,146,679	8,515,891,470	9,290,277,852	8,276,058,494
Short term debt	3,951,254,698	587,123,243	604,461,846	454,482,271
Long term debt	1,260,779,867	7,121,065,798	7,298,368,141	6,531,622,371
Total liabilities	5,212,034,565	7,708,189,041	7,902,829,987	6,986,104,642
Contributed capital	279,828,381	279,828,381	279,828,381	279,892,781
Retained earnings	867,283,733	527,874,048	1,107,619,484	1,010,061,070
Total equity	1,147,112,114	807,702,429	1,387,447,865	1,289,953,851
Total equity and liabilities	6,359,146,679	8,515,891,470	9,290,277,852	8,276,058,493

Classification

21st company classification

BETA

Industrial mother company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

MERKANTILBYGG HOLDING AS931 388 940