BARO INDUSTRIEIENDOM AS • 997649710 • Fosnavåg • Real estate activities

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Goods and trade

/ 68.209 Other letting of real estate

BARO INDUSTRIEIENDOM AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: SK
Stig Kolbein Ulstein1986
Chairman of the board: SU
Stig Ulstein1958
Years since formation: 14 years; since Nov 26, 2011
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 10,000; 1 share class
Total number of shareholders: 4; 2 companies, 2 persons
Belongs to group of

Financials

Total operating income 2024: 3,200,004; NOK
Annual total result 2024: 349,949; NOK
Total equity 2024: 15,621,439; NOK

Last update: May 27, 2025

Management

Management / administration

Name	Role	Shares
SK Stig Kolbein Ulstein 1986	Managing Director/CEO	5.86 % indirectly

Board

Name	Role	Shares
SU Stig Ulstein 1958	Chairman	8.87 % indirectly
HO Håvard Ole Myrene 1952	Board Member	4.2 % indirectly
SK Stig Kolbein Ulstein 1986	Board Member	5.86 % indirectly

Others

Name	Role	Shares
H HOVDEN & VATNE STATSAUTORISERTE REVISORAR AS	Auditor	-
H HASUND AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SU Stig Ulstein 1958	Chairman	8.87 % indirectly
SK Stig Kolbein Ulstein 1986	Managing Director/CEO, Board Member	5.86 % indirectly
IP Ida Pernille Ulstein Jekov 1991	-	5.86 % indirectly
MU Martine Ulstein 1994	-	5.86 % indirectly
SB Svein Bjørge 1957	-	5 % directly
HO Håvard Ole Myrene 1952	Board Member	4.2 % indirectly
MU Morten Ulstein 1953	-	4.2 % indirectly
HU Håvard Ulstein 1959	-	4.2 % indirectly
SI Svein Idar Ulstein 1963	-	4.2 % indirectly
IM Ingunn Merete Ulstein Botnen 1955	-	4.2 % indirectly

Last update: Oct 9, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
U ULMATEC EIENDOM AS	Ordinary shares	7,000	70 %
BL Bmv Lcc Vsvein Bjørge Bjorge	Ordinary shares	1,500	15 %
P PGS GEOPHYSICAL AS	Ordinary shares	1,000	10 %
SB Svein Bjørge 1957	Ordinary shares	500	5 %

Last update: May 24, 2024

Group structure

ULMATEC EIENDOM AS
Total operating income 2023: NOK 4,192,196
Operating profit 2023: NOK 3,163,018
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	3,200,004	3,200,004	3,200,004	4,113,624
Annual Total Result	349,949	251,812	562,694	1,286,249
Total assets	31,667,158	32,399,553	33,854,626	32,107,881
Total liabilities	16,045,719	17,128,063	18,834,947	17,650,896
Total equity	15,621,439	15,271,491	15,019,679	14,456,985

P&L

Year	2024	2023	2022	2021
Total operating income	3,200,004	3,200,004	3,200,004	4,113,624
Total operating costs	1,760,227	1,864,778	1,824,472	2,050,600
Operating result	1,439,777	1,335,226	1,375,532	2,063,024
Financial income/costs	-991,608	-1,012,375	-654,130	-413,987
Profit before tax	448,169	322,851	721,402	1,649,037
Total tax & extraordinary income/cost	98,220	71,039	158,708	362,788
Annual Total Result	349,949	251,812	562,694	1,286,249

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	31,595,886	32,308,175	33,068,455	31,151,896
Total current assets	71,271	91,378	786,171	955,985
Total assets	31,667,158	32,399,553	33,854,626	32,107,881
Short term debt	1,420,719	1,603,063	2,409,947	325,896
Long term debt	14,625,000	15,525,000	16,425,000	17,325,000
Total liabilities	16,045,719	17,128,063	18,834,947	17,650,896
Contributed capital	100,000	100,000	100,000	100,000
Retained earnings	15,521,439	15,171,491	14,919,679	14,356,985
Total equity	15,621,439	15,271,491	15,019,679	14,456,985
Total equity and liabilities	31,667,158	32,399,553	33,854,626	32,107,881

Classification

Category

Goods and trade

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

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate