LM PROPERTY AS
Organization
- CEO
- TU
Terje Ulvestad1972
- Chairman of the board
- TU
Terje Ulvestad1972
- Years since formation
- 4 years
- since Nov 4, 2021
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 363,980
- NOK
- Annual total result 2024
- 109,871
- NOK
- Total equity 2024
- 339,010
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TU 1972 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TU 1972 | Chairman | 100 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TU 1972 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TU 1972 | Ordinary shares | 30 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 363,980 | 708,480 | 70,700 | 0 |
Annual Total Result | 109,871 | 128,439 | 55,146 | 0 |
Total assets | 2,022,119 | 311,706 | 105,875 | 30,000 |
Total liabilities | 1,683,109 | 82,567 | 20,729 | 0 |
Total equity | 339,010 | 229,139 | 85,146 | 30,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 363,980 | 708,480 | 70,700 | 0 |
Total operating costs | 174,998 | 543,815 | 0 | 0 |
Operating result | 188,982 | 164,665 | 70,700 | 0 |
Financial income/costs | -94,565 | 0 | 0 | 0 |
Profit before tax | 94,417 | 164,665 | 70,700 | 0 |
Total tax & extraordinary income/cost | -15,454 | 36,226 | 15,554 | 0 |
Annual Total Result | 109,871 | 128,439 | 55,146 | 0 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,600,000 | 0 | 0 | 0 |
Total current assets | 422,119 | 311,706 | 105,875 | 30,000 |
Total assets | 2,022,119 | 311,706 | 105,875 | 30,000 |
Short term debt | 62,337 | 82,567 | 20,729 | 0 |
Long term debt | 1,620,772 | 0 | 0 | 0 |
Total liabilities | 1,683,109 | 82,567 | 20,729 | 0 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 309,010 | 199,139 | 55,146 | 0 |
Total equity | 339,010 | 229,139 | 85,146 | 30,000 |
Total equity and liabilities | 2,022,119 | 311,706 | 105,875 | 30,000 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises