NEWSEC PROJECT AS
Newsec - a service company in real estate and beyond
Newsec, a service company in real estate and beyond, offers investors, property owners and tenants a full range of services within the five business areas Property Asset Management, Advisory, Investment Management, Energy Transition and Digital Accelerator. The company was founded in 1994 and today employs some 2 600 people spread across the seven Nordic and Baltic markets.
Read more on www.newsec.com
Organization
- CEO
- CE
- Chairman of the board
- HA
Hilmar Auran1963
- Years since formation
- 23 years
- since May 8, 2002
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 24
Ownership
- Number of shares and share classes
- 838,342
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 40,944,341
- NOK
- Annual total result 2024
- 2,085,731
- NOK
- Total equity 2024
- 3,178,768
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
CE | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
HA 1963 | Chairman | - |
WJ 1968 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Jul 11, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 838,342 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 290,407,620Operating profit 2024: NOK 2,640,024Employees: 160
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 40,944,341 | 40,352,606 | 35,803,567 | 34,198,585 |
Annual Total Result | 2,085,731 | 3,187,253 | 3,149,533 | 3,666,359 |
Total assets | 20,121,747 | 23,320,300 | 13,440,792 | 13,761,574 |
Total liabilities | 16,942,979 | 20,199,263 | 10,777,009 | 10,737,323 |
Total equity | 3,178,768 | 3,121,037 | 2,663,784 | 3,024,251 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 40,944,341 | 40,352,606 | 35,803,567 | 34,198,585 |
Total operating costs | 38,345,739 | 36,332,823 | 31,786,702 | 29,509,038 |
Operating result | 2,598,602 | 4,019,783 | 4,016,865 | 4,689,547 |
Financial income/costs | 76,147 | 70,700 | 20,984 | 10,913 |
Profit before tax | 2,674,749 | 4,090,483 | 4,037,849 | 4,700,460 |
Total tax & extraordinary income/cost | 589,018 | 903,230 | 888,316 | 1,034,101 |
Annual Total Result | 2,085,731 | 3,187,253 | 3,149,533 | 3,666,359 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 6,653 | 38,170 | 174,085 | 18,229 |
Total current assets | 20,115,094 | 23,282,131 | 13,266,708 | 13,743,345 |
Total assets | 20,121,747 | 23,320,300 | 13,440,792 | 13,761,574 |
Short term debt | 16,942,979 | 20,199,263 | 10,777,009 | 10,737,323 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 16,942,979 | 20,199,263 | 10,777,009 | 10,737,323 |
Contributed capital | 276,653 | 276,653 | 276,653 | 276,653 |
Retained earnings | 2,902,115 | 2,844,384 | 2,387,131 | 2,747,598 |
Total equity | 3,178,768 | 3,121,037 | 2,663,784 | 3,024,251 |
Total equity and liabilities | 20,121,747 | 23,320,300 | 13,440,792 | 13,761,574 |
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