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

Keywords

business brokerpatent brokerbrokerageantiquesjewellerycontrol of transport documentsguidancefreight ratesmeteorological measurementssafety adviceconsultancyagronomyenvironmental advicemediationbooksplaysworks of artphotographs

Organization

CEO: CE
Carl Emil Døscher1985
Chairman of the board: HA
Hilmar Auran1963
Years since formation: 22 years; since May 8, 2002
Type: Limited company
VAT registered: Yes
Number of employees: 25

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 2023: 40,352,606; NOK
Annual total result 2023: 3,187,253; NOK
Total equity 2023: 3,121,037; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
CE Carl Emil Døscher 1985	Managing Director/CEO	-

Board

Name	Role	Shares
HA Hilmar Auran 1963	Chairman	-
WJ Wenche Jacobsen 1968	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
N NEWSEC PROPERTY ASSET MANAGEMENT AS	Accountant	-

Last update: Jul 11, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
N NEWSEC PROPERTY ASSET MANAGEMENT AS	Ordinary shares	838,342	100 %

Last update: May 24, 2024

Group structure

NEWSEC PROPERTY ASSET MANAGEMENT AS
Total operating income 2023: NOK 254,859,336
Operating profit 2023: NOK -2,065,564
Employees: 161

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	40,352,606	35,803,567	34,198,585
Annual Total Result	3,187,253	3,149,533	3,666,359
Total assets	23,320,300	13,440,792	13,761,574
Total liabilities	20,199,263	10,777,009	10,737,323
Total equity	3,121,037	2,663,784	3,024,251

P&L

Year	2023	2022	2021
Total operating income	40,352,606	35,803,567	34,198,585
Total operating costs	36,332,823	31,786,702	29,509,038
Operating result	4,019,783	4,016,865	4,689,547
Financial income/costs	70,700	20,984	10,913
Profit before tax	4,090,483	4,037,849	4,700,460
Total tax & extraordinary income/cost	903,230	888,316	1,034,101
Annual Total Result	3,187,253	3,149,533	3,666,359

Balance overview

Year	2023	2022	2021
Total fixed assets	38,170	174,085	18,229
Total current assets	23,282,131	13,266,708	13,743,345
Total assets	23,320,300	13,440,792	13,761,574
Short term debt	20,199,263	10,777,009	10,737,323
Long term debt	0	0	0
Total liabilities	20,199,263	10,777,009	10,737,323
Contributed capital	276,653	276,653	276,653
Retained earnings	2,844,384	2,387,131	2,747,598
Total equity	3,121,037	2,663,784	3,024,251
Total equity and liabilities	23,320,300	13,440,792	13,761,574

NEWSEC PROJECT AS984 500 106