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G

GRENLAND DEVELOPMENT AS917 030 200

Real Estate
Limited company
Skomværgata 7 3921 PORSGRUNN, Norge

GRENLAND DEVELOPMENT AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

Chairman of the board
Years since formation
9 years
since Apr 15, 2016
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
50
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
7,235,970
NOK
Annual total result 2024
-3,383,890
NOK
Total equity 2024
3,641,928
NOK
Last update: Jun 3, 2025

Management

Board

NameRoleShares
Contact Person, Chairman
25.12 %
indirectly

Others

NameRoleShares
K
KPMG AS
Auditor-
A
AIDER AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Contact Person, Chairman
25.12 %
indirectly
-
25.12 %
indirectly
-
11.45 %
indirectly
-
1.21 %
indirectly
Last update: Nov 21, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
P
PANCOM PROPERTY AS
A-shares
50
100 %

Shares owned by the GRENLAND DEVELOPMENT AS

NameShare classTotal number of sharesShare
Ordinary shares
30
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2023: NOK 8,473,000
    Operating profit 2023: NOK -9,022,000
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
7,235,970
110,000
0
0
Annual Total Result
-3,383,890
-223,063
-281,642
77,848
Total assets
36,621,226
39,947,232
39,759,819
24,344,196
Total liabilities
32,979,298
46,702,586
46,292,111
30,594,845
Total equity
3,641,928
-6,755,355
-6,532,292
-6,250,649

P&L

Year2024202320222021
Total operating income
7,235,970
110,000
0
0
Total operating costs
9,556,871
180,752
309,993
159,942
Operating result
-2,320,900
-70,752
-309,993
-159,942
Financial income/costs
-1,232,987
-215,226
-51,086
259,747
Profit before tax
-3,553,887
-285,978
-361,079
99,805
Total tax & extraordinary income/cost
-169,997
-62,915
-79,437
21,957
Annual Total Result
-3,383,890
-223,063
-281,642
77,848

Balance overview

Year2024202320222021
Total fixed assets
7,796,611
4,185,442
4,060,209
3,283,893
Total current assets
28,824,615
35,761,790
35,699,611
21,060,303
Total assets
36,621,226
39,947,232
39,759,819
24,344,196
Short term debt
325,671
1,795,172
11,578,773
7,225,784
Long term debt
32,653,627
44,907,414
34,713,338
23,369,062
Total liabilities
32,979,298
46,702,586
46,292,111
30,594,845
Contributed capital
11,050,000
50,000
50,000
50,000
Retained earnings
-7,408,072
-6,805,355
-6,582,292
-6,300,649
Total equity
3,641,928
-6,755,355
-6,532,292
-6,250,649
Total equity and liabilities
36,621,226
39,947,232
39,759,819
24,344,196

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