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A

ART GROUP AS979 714 912

Real Estate
Limited company
Langårdvegen 85 3716 SKIEN, Norge

ART GROUP AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

Chairman of the board
Years since formation
27 years
since Mar 23, 1998
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
102
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2024
366,580
NOK
Annual total result 2024
-6,299,407
NOK
Total equity 2024
11,371,860
NOK
Last update: Jul 17, 2025

Management

Board

NameRoleShares
Chairman
50 %
indirectly
Board Member
50 %
indirectly

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Board Member
50 %
indirectly
Chairman
50 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
F
FALKUM INVEST HOLDING 1 AS
Ordinary shares
51
50 %
F
FALKUM INVEST HOLDING 2 AS
Ordinary shares
51
50 %

Shares owned by the ART GROUP AS

NameShare classTotal number of sharesShare
K
KLOKERE INVEST AS
Ordinary shares
20
66.67 %
N
NORDIC ALPHA AS
Ordinary shares
18,000
60 %
N
NYTT RØR INVEST AS
Ordinary shares
750
50 %
A
ARK EIENDOM TELEMARK AS
Ordinary shares
60
50 %
T
TORGGATA 7 EIENDOM AS
Ordinary shares
1,000
33.33 %
V
VENDO AS
Ordinary shares
28,648
24.53 %
P
PIZZA HOLDING AS
Ordinary shares
50,488
23 %
F
FINEART AS
Ordinary shares
145
14.95 %
E
ENTREPRENØRFINANS AS
Ordinary shares
13,701
3.85 %
H
HEDER BANK ASA
NO0010780885
107,593
0.68 %
P
PROXIMAR SEAFOOD AS
NO0010893902
400,000
0.28 %
L
LOCARTO AS
Ordinary shares
100,000
0.09 %
A
AIDER GROUP AS
Preference shares
437
0.04 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 366,580
    Operating profit 2024: NOK -199,502
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
366,580
222,673
488,831
214,232
Annual Total Result
-6,299,407
-2,691,719
-3,636,176
4,985,675
Total assets
52,685,741
56,036,453
59,619,713
70,234,803
Total liabilities
41,313,881
38,365,186
39,256,727
46,235,642
Total equity
11,371,860
17,671,267
20,362,986
23,999,161

P&L

Year2024202320222021
Total operating income
366,580
222,673
488,831
214,232
Total operating costs
566,082
355,775
688,058
538,460
Operating result
-199,502
-133,102
-199,227
-324,228
Financial income/costs
-6,099,905
-3,075,035
-3,757,240
5,236,980
Profit before tax
-6,299,407
-3,208,137
-3,956,467
4,912,752
Total tax & extraordinary income/cost
0
-516,418
-320,291
-72,923
Annual Total Result
-6,299,407
-2,691,719
-3,636,176
4,985,675

Balance overview

Year2024202320222021
Total fixed assets
49,245,396
53,895,068
38,568,112
41,071,952
Total current assets
3,440,345
2,141,385
21,051,601
29,162,851
Total assets
52,685,741
56,036,453
59,619,713
70,234,803
Short term debt
37,618,881
34,670,186
35,561,727
42,540,642
Long term debt
3,695,000
3,695,000
3,695,000
3,695,000
Total liabilities
41,313,881
38,365,186
39,256,727
46,235,642
Contributed capital
102,000
102,000
102,000
102,000
Retained earnings
11,269,860
17,569,267
20,260,986
23,897,161
Total equity
11,371,860
17,671,267
20,362,986
23,999,161
Total equity and liabilities
52,685,741
56,036,453
59,619,713
70,234,803

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
Standard industrial classification
L
Main industrial area
Real estate activities
68
Activity
Real estate activities
68.1
Main industrial group
Buying and selling of own real estate
68.10
Industrial group
Buying and selling of own real estate
68.100
Industrial group
Buying and selling of own real estate