ART GROUP AS • 979714912 • Skien • Real estate activities

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ART GROUP AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

Chairman of the board: RS
Rolf Stavnem1973
Years since formation: 26 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 2023: 222,673; NOK
Annual total result 2023: -2,691,719; NOK
Total equity 2023: 17,671,267; NOK

Last update: Sep 10, 2024

Management

Board

Name	Role	Shares
RS Rolf Stavnem 1973	Chairman	50 % indirectly
AA Anders Aasen 1971	Board Member	50 % indirectly

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
AA Anders Aasen 1971	Board Member	50 % indirectly
RS Rolf Stavnem 1973	Chairman	50 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
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

Name	Share class	Number of shares	Share
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	1.07 %
P PROXIMAR SEAFOOD AS	NO0010893902	400,000	0.67 %
L LOCARTO AS	Ordinary shares	100,000	0.31 %
A AIDER HOLDING AS	Preference shares	437	0.04 %

Last update: May 24, 2024

Group structure

ART GROUP AS
Total operating income 2023: NOK 222,673
Operating profit 2023: NOK -133,102
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	222,673	488,831	214,232
Annual Total Result	-2,691,719	-3,636,176	4,985,675
Total assets	56,036,453	59,619,713	70,234,803
Total liabilities	38,365,186	39,256,727	46,235,642
Total equity	17,671,267	20,362,986	23,999,161

P&L

Year	2023	2022	2021
Total operating income	222,673	488,831	214,232
Total operating costs	355,775	688,058	538,460
Operating result	-133,102	-199,227	-324,228
Financial income/costs	-3,075,035	-3,757,240	5,236,980
Profit before tax	-3,208,137	-3,956,467	4,912,752
Total tax & extraordinary income/cost	-516,418	-320,291	-72,923
Annual Total Result	-2,691,719	-3,636,176	4,985,675

Balance overview

Year	2023	2022	2021
Total fixed assets	53,895,068	38,568,112	41,071,952
Total current assets	2,141,385	21,051,601	29,162,851
Total assets	56,036,453	59,619,713	70,234,803
Short term debt	34,670,186	35,561,727	42,540,642
Long term debt	3,695,000	3,695,000	3,695,000
Total liabilities	38,365,186	39,256,727	46,235,642
Contributed capital	102,000	102,000	102,000
Retained earnings	17,569,267	20,260,986	23,897,161
Total equity	17,671,267	20,362,986	23,999,161
Total equity and liabilities	56,036,453	59,619,713	70,234,803

Classification

Category

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