CARDEA AS • 980161625 • Høvåg • Construction of buildings

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/ Purchase and sale

/ 41.109 Other development and sale of real estate

CARDEA AS

Keywords

real estatesalesdevelopment

Organization

CEO: ØL
Øystein Lund1950
Chairman of the board: TL
Terje Lund1974
Years since formation: 27 years; since Oct 9, 1998
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 521,022; 2 share classes
Total number of shareholders: 6; companies
Belongs to group of

Financials

Total operating income 2024: 8,115,251; NOK
Annual total result 2024: 2,181,528; NOK
Total equity 2024: 72,525,108; NOK

Last update: Jul 15, 2025

Management

Management / administration

Name	Role	Shares
ØL Øystein Lund 1950	Managing Director/CEO	50 % indirectly

Board

Name	Role	Shares
TL Terje Lund 1974	Chairman	12.5 % indirectly
ØL Øystein Lund 1950	Board Member	50 % indirectly
BL Bjørg Lund 1951	Alternate Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
A ADB-SENTERET AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
ØL Øystein Lund 1950	Managing Director/CEO, Board Member	50 % indirectly
TL Terje Lund 1974	Chairman	12.5 % indirectly
PL Petter Lund 1980	-	12.5 % indirectly
ML Marianne Lund 1981	-	12.5 % indirectly
EL Eivind Lund 1977	-	12.5 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
C CARDEA EIENDOM AS	Class B shares	260,510	50 %
P PETTER LUND AS	Class B shares	65,127	12.5 %
M MARIANNE-LUND AS	Class B shares	65,127	12.5 %
L LUND FOTO AS	Class B shares	65,127	12.5 %
E EIVIND LUND AS	Class B shares	65,127	12.5 %
C CARDEA EIENDOM AS	A-shares	4	< 0.01 %

Shares owned by the CARDEA AS

Name	Share class	Total number of shares	Share
V VINDMØLLEGANGEN EIENDOM AS	Ordinary shares	99	100 %
C CARDEA INVEST AS	Ordinary shares	30,000	100 %
F FAVENTE AS	Ordinary shares	18,536	41 %
F FAVENTE EIENDOM AS	Ordinary shares	225,000	32.14 %
D DRONNINGENS KVARTER HOLDING AS	Ordinary shares	22,768	31.67 %
B BIGWIG AS	Ordinary shares	393	22 %
L LSR AS	Ordinary shares	13	21.31 %
B BRASIL PROPERTIES AS	Ordinary shares	82,450	16.17 %
S SKOLEGÅRDEN GRIMSTAD AS	Ordinary shares	11	11 %
K K37 HOLDING AS	Ordinary shares	132,663	7.24 %
K KONGHOLM INVEST AS	Ordinary shares	40	4 %
D DUBAI REAL DEVELOPMENT HOLDING AS	NO0010425762	20,000	0.02 %

Last update: Jun 2, 2025

Group structure

CARDEA AS
Total operating income 2024: NOK 8,115,251
Operating profit 2024: NOK 6,792,844
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	8,115,251	26,166,025	11,070,859	8,116,415
Annual Total Result	2,181,528	22,859,490	7,604,436	6,940,591
Total assets	104,763,175	108,396,585	96,620,674	93,579,805
Total liabilities	32,238,067	31,894,080	17,725,659	16,689,225
Total equity	72,525,108	76,502,505	78,895,015	76,890,580

P&L

Year	2024	2023	2022	2021
Total operating income	8,115,251	26,166,025	11,070,859	8,116,415
Total operating costs	1,322,408	1,237,930	2,585,441	479,447
Operating result	6,792,844	24,928,095	8,485,418	7,636,968
Financial income/costs	-4,308,692	-1,308,102	-459,436	-406,737
Profit before tax	2,484,152	23,619,993	8,025,982	7,230,231
Total tax & extraordinary income/cost	302,624	760,503	421,546	289,640
Annual Total Result	2,181,528	22,859,490	7,604,436	6,940,591

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	73,620,097	70,710,348	49,561,769	47,732,300
Total current assets	31,143,078	37,686,237	47,058,905	45,847,504
Total assets	104,763,175	108,396,585	96,620,674	93,579,805
Short term debt	12,435,570	12,736,364	7,443,780	7,720,708
Long term debt	19,802,497	19,157,716	10,281,879	8,968,517
Total liabilities	32,238,067	31,894,080	17,725,659	16,689,225
Contributed capital	8,632,088	8,632,088	8,632,088	8,632,088
Retained earnings	63,893,020	67,870,417	70,262,927	68,258,492
Total equity	72,525,108	76,502,505	78,895,015	76,890,580
Total equity and liabilities	104,763,175	108,396,585	96,620,674	93,579,805

Classification

Category

/ Purchase and sale

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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate