UNION EIENDOMSUTVIKLING AS • 935711320 • Drammen • Construction of buildings

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/ Purchase and sale

/ 41.109 Other development and sale of real estate

UNION EIENDOMSUTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO: MG
Morten Gregertsen1973
Chairman of the board: TM
Tore Myrvold1971
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 11

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 20,573,000; NOK
Annual total result 2023: 20,887,000; NOK
Total equity 2023: 270,003,000; NOK

Last update: Jan 15, 2025

Management

Management / administration

Name	Role	Shares
MG Morten Gregertsen 1973	Managing Director/CEO	-

Board

Name	Role	Shares
TM Tore Myrvold 1971	Chairman	-
MA Mona Amalie Aarebrot Tangen 1968	Board Member	-
JC Jahn Christopher Utne 1970	Board Member	-
KR Katharina Ræder Endresen Hernæs 1977	Board Member	-
IE Ida Elisabeth Aall Gram 1977	Board Member	-
TJ Tobias Junge 1977	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
OG Ole Gunnar Selvaag 1946	-	1.33 % indirectly
HE Hermine Elisabeth Midelfart Malling 1971	-	1.08 % indirectly

Last update: Mar 21, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SELVAAG BY AS	Ordinary shares	500	50 %
A ASPELIN RAMM EIENDOM AS	Ordinary shares	500	50 %

Shares owned by the UNION EIENDOMSUTVIKLING AS

Name	Share class	Total number of shares	Share
U UNION PARKERING AS	Ordinary shares	5,000	100 %
U UNION SØR AS	Ordinary shares	30,000	100 %
G GRØNLAND 65 AS	Ordinary shares	30,000	100 %
M MOEN BOLIG AS	Ordinary shares	1,000	100 %
G GRØNLAND 1 AS	Ordinary shares	1,000	100 %
G GRØNLAND 61 AS	Ordinary shares	1,000	100 %
G GLASSVERKET AS	Ordinary shares	30,100	100 %
Ø ØVRE EIKERVEI 14 AS	Ordinary shares	1,732,080	100 %
G GRØNLAND 38 AS	Ordinary shares	100,000	100 %
G GRØNLAND 41 AS	Ordinary shares	100,000	100 %
G GRØNLAND 68 AS	Ordinary shares	100,000	100 %
P POLLEN SMÅBÅTBRYGGE AS	Ordinary shares	1,330,000	95 %
S SVANEGANGEN UTVIKLING AS	Ordinary shares	80,000	80 %
B BRAKERØYA NÆRINGSPARK AS	Ordinary shares	32,000	80 %
U UNION GEOENERGI AS	Ordinary shares	2,550	50 %
V VANNVEIEN AS	Ordinary shares	10,000	21.51 %
B BYEN VÅR DRAMMEN AS	Ordinary shares	400	1.14 %

Last update: May 24, 2024

Group structure

UNION EIENDOMSUTVIKLING AS
Total operating income 2023: NOK 20,573,000
Operating profit 2023: NOK -25,253,000
Employees: 11

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	20,573,000	37,699,000	20,131,000
Annual Total Result	20,887,000	5,102,000	-1,898,000
Total assets	596,465,000	835,162,000	838,423,000
Total liabilities	326,461,000	560,067,000	508,160,000
Total equity	270,003,000	275,096,000	330,265,000

P&L

Year	2023	2022	2021
Total operating income	20,573,000	37,699,000	20,131,000
Total operating costs	45,826,000	38,982,000	31,959,000
Operating result	-25,253,000	-1,283,000	-11,828,000
Financial income/costs	47,966,000	7,842,000	9,410,000
Profit before tax	22,713,000	6,559,000	-2,418,000
Total tax & extraordinary income/cost	1,826,000	1,457,000	-520,000
Annual Total Result	20,887,000	5,102,000	-1,898,000

Balance overview

Year	2023	2022	2021
Total fixed assets	511,446,000	698,181,000	790,324,000
Total current assets	85,019,000	136,981,000	48,099,000
Total assets	596,465,000	835,162,000	838,423,000
Short term debt	42,376,000	73,389,000	33,723,000
Long term debt	284,085,000	486,678,000	474,437,000
Total liabilities	326,461,000	560,067,000	508,160,000
Contributed capital	52,774,000	43,055,000	330,265,000
Retained earnings	217,229,000	232,041,000	0
Total equity	270,003,000	275,096,000	330,265,000
Total equity and liabilities	596,464,000	835,163,000	838,425,000

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