LIETORVET BOLIGUTVIKLING AS • 919308540 • Porsgrunn • Construction of buildings

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/ Purchase and sale

LIETORVET BOLIGUTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO: MB
Morten Borge1969
Chairman of the board: MB
Morten Borge1969
Years since formation: 7 years; since Jul 18, 2017
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 300; 1 share class
Total number of shareholders: 4; companies
Belongs to group of

Financials

Annual total result 2023: -52,185; NOK
Total equity 2023: 15,544,042; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
MB Morten Borge 1969	Managing Director/CEO	-

Board

Name	Role	Shares
MB Morten Borge 1969	Chairman	-
HJ Hans Jørgen Lundby 1976	Board Member	-
PK Petter Kristen Skjelsøy Øygarden 1956	Board Member	8.75 % indirectly
AH Arve Haugseter 1972	Board Member	12.5 % indirectly
HS Haavard Skare 1961	Alternate Member	-
KR Knut Rugtvedt 1967	Alternate Member	-
AF Andreas Finsrud 1970	Alternate Member	12.5 % indirectly
LM Lise Møllendal 1967	Alternate Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
P PORSGRUNN BAMBLE BORGESTAD BOLIGBYGGELAG	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
AH Arve Haugseter 1972	Board Member	12.5 % indirectly
AF Andreas Finsrud 1970	Alternate Member	12.5 % indirectly
PK Petter Kristen Skjelsøy Øygarden 1956	Board Member	8.75 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
P PBBL PROSJEKT AS	Ordinary shares	75	25 %
F FIHA HOLDING AS	Ordinary shares	75	25 %
F FREDNES PROSJEKT AS	Ordinary shares	75	25 %
B BETONMAST EIENDOM AS	Ordinary shares	75	25 %

Shares owned by the LIETORVET BOLIGUTVIKLING AS

Name	Share class	Number of shares	Share
L LOUISES GATE 18 AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

LIETORVET BOLIGUTVIKLING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -111,911
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	3,300,000	232,750,000
Annual Total Result	-52,185	235,697	16,069,268
Total assets	34,275,193	30,507,899	56,603,027
Total liabilities	18,731,151	14,911,672	41,242,497
Total equity	15,544,042	15,596,227	15,360,530

P&L

Year	2023	2022	2021
Total operating income	0	3,300,000	232,750,000
Total operating costs	111,911	3,210,276	212,462,441
Operating result	-111,911	89,724	20,287,559
Financial income/costs	45,007	212,452	37,320
Profit before tax	-66,904	302,176	20,324,879
Total tax & extraordinary income/cost	-14,719	66,479	4,255,611
Annual Total Result	-52,185	235,697	16,069,268

Balance overview

Year	2023	2022	2021
Total fixed assets	14,788,364	14,788,364	14,788,364
Total current assets	19,486,829	15,719,535	41,814,663
Total assets	34,275,193	30,507,899	56,603,027
Short term debt	11,279,391	7,445,193	15,042,497
Long term debt	7,451,760	7,466,479	26,200,000
Total liabilities	18,731,151	14,911,672	41,242,497
Contributed capital	30,000	30,000	30,000
Retained earnings	15,514,042	15,566,227	15,330,530
Total equity	15,544,042	15,596,227	15,360,530
Total equity and liabilities	34,275,193	30,507,899	56,603,027

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