TVEDESTRAND UTVIKLING AS • 927500841 • Porsgrunn • Construction of buildings

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/ Purchase and sale

TVEDESTRAND UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO: SG
Simen Serkland Gjelstad1992
Chairman of the board: JO
John Olav Gjelstad1957
Years since formation: 4 years; since Aug 4, 2021
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 7,745,600; NOK
Annual total result 2023: 2,399,086; NOK
Total equity 2023: 9,098,812; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
SG Simen Serkland Gjelstad 1992	Managing Director/CEO	11.01 % indirectly

Board

Name	Role	Shares
JO John Olav Gjelstad 1957	Chairman	33.03 % indirectly
SG Simen Serkland Gjelstad 1992	Board Member	11.01 % indirectly
GO Geir Olav Lia 1958	Board Member	17.17 % indirectly
GG Gøran Gjelstad 1984	Board Member	11.01 % indirectly
KV Kjell Vågsland 1970	Board Member	4.55 % indirectly
KB Kristen Bakken 1960	Board Member	17.53 % indirectly
BO Birger Olav Holmberg 1948	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
O ONE ACCOUNTING AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
JO John Olav Gjelstad 1957	Chairman	33.03 % indirectly
KB Kristen Bakken 1960	Board Member	17.53 % indirectly
GO Geir Olav Lia 1958	Board Member	17.17 % indirectly
GG Gøran Gjelstad 1984	Board Member	11.01 % indirectly
SG Simen Serkland Gjelstad 1992	Managing Director/CEO, Board Member	11.01 % indirectly
KV Kjell Vågsland 1970	Board Member	4.55 % indirectly
VB Vegard Krogsæter Bakken 1992	-	1.34 % indirectly
JB Jørn Krogsæter Bakken 1994	-	1.34 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
F FJELLSTØ GRUPPEN AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

BONAFIDE AS
Total operating income 2023: NOK 346,672
Operating profit 2023: NOK -100,061
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	7,745,600	11,919,926	0
Annual Total Result	2,399,086	3,786,291	-153,888
Total assets	49,094,143	52,815,488	36,397,255
Total liabilities	39,995,331	44,504,396	35,106,163
Total equity	9,098,812	8,311,092	1,291,092

P&L

Year	2023	2022	2021
Total operating income	7,745,600	11,919,926	0
Total operating costs	4,733,275	7,339,566	197,303
Operating result	3,012,325	4,580,360	-197,303
Financial income/costs	77,911	47,325	10
Profit before tax	3,090,236	4,627,685	-197,293
Total tax & extraordinary income/cost	691,150	841,394	-43,405
Annual Total Result	2,399,086	3,786,291	-153,888

Balance overview

Year	2023	2022	2021
Total fixed assets	1,206,206	1,257,563	25,000
Total current assets	47,887,937	51,557,925	36,372,255
Total assets	49,094,143	52,815,488	36,397,255
Short term debt	5,514,930	9,732,017	907,331
Long term debt	34,480,401	34,772,379	34,198,832
Total liabilities	39,995,331	44,504,396	35,106,163
Contributed capital	8,020,000	8,020,000	1,000,000
Retained earnings	1,078,812	291,092	291,092
Total equity	9,098,812	8,311,092	1,291,092
Total equity and liabilities	49,094,143	52,815,488	36,397,255

Classification

Category

/ Purchase and sale

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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate