BEARHILL AS

Operating

Investering i aksjer, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med lignende virksomhet og kunne benytte lånefinansierte investeringer med verdipapirer og valuta.

Investering i aksjer.

Organization

CEO: IR
Isabel Reyes Ignacio Bjørnaas1957
Chairman of the board: TB
Terje Bjørnaas1956
Years since formation: 5 years; since Jan 5, 2021
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 4; companies
Belongs to group of

Financials

Total operating income 2025: 1,958,725; NOK
Annual total result 2025: 8,898,755; NOK

Last update: Jul 30, 2026

Management

Management / administration

Name	Role	Shares
IR Isabel Reyes Ignacio Bjørnaas 1957	Managing Director/CEO	35.3 % indirectly

Board

Name	Role	Shares
TB Terje Bjørnaas 1956	Chairman	35.3 % indirectly
IR Isabel Reyes Ignacio Bjørnaas 1957	Board Member	35.3 % indirectly

Others

Name	Role	Shares
I IN REVISJON AS	Auditor	-
A ADMENTO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TB Terje Bjørnaas 1956	Chairman	35.3 % indirectly
IR Isabel Reyes Ignacio Bjørnaas 1957	Managing Director/CEO, Board Member	35.3 % indirectly
TM Therese Marie Ignacio Bjørnaas 1987	-	9.8 % indirectly
LA Louise Ann Ignacio Bjørnaas 1990	-	9.8 % indirectly
JK Jan Krause Ignacio Bjørnaas 1992	-	9.8 % indirectly

Last update: Dec 12, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
B BEARHILL INVEST AS	Ordinary shares	700	70 %
L L BJØRNAAS INVEST AS	Ordinary shares	100	10 %
J J BJØRNAAS INVEST AS	Ordinary shares	100	10 %
T TM BJØRNAAS INVEST AS	Ordinary shares	100	10 %

Shares owned by the BEARHILL AS

Name	Share class	Total number of shares	Share
N NAMSOS BOLIGUTLEIE AS	Ordinary shares	100	100 %
T TORDENSKIOLD BRYGGE AS	Ordinary shares	6,870	12.15 %
D DUBAI REAL DEVELOPMENT HOLDING AS Closed	NO0010425762	10,114,000	12.11 %
S STEINKJER EIENDOMSINVEST AS	Ordinary shares	1,000	10 %
P PINNEBEKKEN AS	Ordinary shares	100,000	10 %
V VOLDSFJORDEN INVEST AS Under liquidation	Ordinary shares	25,660	5.19 %
S SPILLUM HANDELSPARK INVEST AS	NO0010833510	50	5 %
B BJERKE UTVIKLING AS	Ordinary shares	500	5 %
S SOURCE ENERGY AS	NO0010842669	4,369	4.62 %
D DNB PRIVATE EQUITY VI AS	Class B shares	10,000	4.07 %
B BIRKEDALSVEIEN 28 INVEST AS	Ordinary shares	21,200	4 %
M MØLLADAMMEN NÆRINGSPARK INVEST AS	NO0010836547	22,103	3.1 %
K KOMBIEIENDOM ØSTLANDET AS	Ordinary shares	300	3 %
S SOLGAARD EIENDOMSINVEST AS	Ordinary shares	300	3 %
B BRYGGERIVEIEN 9 INVEST AS	Ordinary shares	30,000	3 %
H H9 OFFENTLIG EIENDOM AS	Ordinary shares	17,958	2.46 %
H HORSENS LOGISTICS DENMARK II AS	Ordinary shares	200	2 %
A ASAMEDIC AS	NO0010786809	37,540	1.4 %
B BRATTVÅG OFFENTLIG EIENDOM AS	NO0010915473	10,010	1.3 %
D DNB PE DIRECT I (IS) AS	Ordinary shares	1,000	1.23 %
R RISAVIKA BASE INVEST AS	Ordinary shares	100	1 %
M MARITIME OPPORTUNITIES AS	NO0010660814	9,450	0.94 %
M MEDIUMTALL AS	Ordinary shares	34,059	0.87 %
D DNB PE DIRECT II (IS) AS	Ordinary shares	500	0.86 %
N NMK NÆRINGSEIENDOM AS	Ordinary shares	8,500	0.85 %
M MOORE ENERGY AS	Ordinary shares	423,174	0.8 %
E EIENDOMSINVEST USA AS	NO0010703275	8,500	0.68 %
I IPHONE AS	Ordinary shares	615,800	0.57 %
N NOREXECO ASA	NO0010715253	95,318	0.5 %
D DNB PRIVATE EQUITY IX AS	A-shares	500	0.33 %
S SWG33 INVEST AS	NO0010843253	22,187	0.3 %
S SWISS LIFE REF NORDIC 2018 INVEST AS	NO0010807654	80,000	0.18 %
N NORDIC TECHNOLOGY GROUP AS	NO0011018434	129,586	0.18 %
A APIM THERAPEUTICS AS	NO0010734734	1,725	0.1 %
Z ZWIPE AS Closed	NO0010721277	4,300	< 0.01 %

Last update: Jun 2, 2025

Group structure

BEARHILL INVEST AS
Total operating income 2025: NOK 0
Operating profit 2025: NOK -44,470
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	1,958,725	13,743,115	2,737,292	7,535,498	47,361,680
Annual Total Result	8,898,755	10,033,463	6,695,228	-6,987,625	41,208,068
Total assets	0	139,843,099	135,881,197	129,667,556	141,721,317
Total liabilities	0	92,512,434	98,583,995	99,065,582	101,988,818
Total equity	0	47,330,665	37,297,201	30,601,973	39,732,498

P&L

Year	2025	2024	2023	2022	2021
Total operating income	1,958,725	13,743,115	2,737,292	7,535,498	47,361,680
Total operating costs	892,277	979,238	1,219,219	8,830,645	4,414,027
Operating result	1,066,449	12,763,877	1,518,073	-1,295,147	42,947,653
Financial income/costs	7,832,306	-2,730,414	5,177,155	-5,692,478	-1,739,584
Profit before tax	8,898,755	10,033,463	6,695,228	-6,987,625	41,208,068
Total tax & extraordinary income/cost	0	0	0	0	0
Annual Total Result	8,898,755	10,033,463	6,695,228	-6,987,625	41,208,068

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	700,000	700,000	700,000	700,000
Total current assets	139,143,099	135,181,197	128,967,556	141,021,317
Total assets	139,843,099	135,881,197	129,667,556	141,721,317
Short term debt	90,214,152	95,568,176	99,065,582	101,988,818
Long term debt	2,298,283	3,015,819	0	0
Total liabilities	92,512,434	98,583,995	99,065,582	101,988,818
Contributed capital	30,000	30,000	30,000	30,000
Retained earnings	47,300,665	37,267,201	30,571,973	39,702,498
Total equity	47,330,665	37,297,201	30,601,973	39,732,498
Total equity and liabilities	139,843,099	135,881,197	129,667,556	141,721,317

Classification

21st company classification

BETA

Small 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

BEARHILL AS926 134 973

BEARHILL AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the BEARHILL AS

Group structure

Financials

Summary

P&L

Balance overview

Classification