AS FREC • 911813173 • Oslo • Real estate activities

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Goods and trade

/ 68.209 Other letting of real estate

AS FREC

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: CL
Christian Lorentzen1948
Chairman of the board: CL
Christian Lorentzen1948
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 394,561; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Annual total result 2024: 2,158,577; NOK
Total equity 2024: 19,922,134; NOK

Last update: Jul 12, 2025

Management

Management / administration

Name	Role	Shares
CL Christian Lorentzen 1948	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
CL Christian Lorentzen 1948	Chairman	100 % directly
CM Christian Magnus Hunter Lorentzen 1975	Board Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
S SJØLYST REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
CL Christian Lorentzen 1948	Managing Director/CEO, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
CL Christian Lorentzen 1948	Ordinary shares	394,561	100 %

Shares owned by the AS FREC

Name	Share class	Total number of shares	Share
L LORENTZEN EIENDOM AS	Ordinary shares	1	100 %
S SANDAKERVEIEN 112 AS	Ordinary shares	196	27.61 %
M MCKENNA CAPITAL AS	Ordinary shares	9,000	9 %
I IMAREX TECHNOLOGY AS	Ordinary shares	6,129	2.72 %
L LOCAL FOOD AS	Ordinary shares	8,443	0.82 %
S SPIS RIKTIG AS	Ordinary shares	250,000	0.71 %
V VERGENCE AS	Ordinary shares	138,333	0.68 %
A ANDFJORD SALMON GROUP AS	NO0010829765	25,000	0.04 %
S SALMON EVOLUTION ASA	NO0010892094	65,000	< 0.01 %
V VÅR ENERGI ASA	NO0011202772	60,000	< 0.01 %
L LERØY SEAFOOD GROUP ASA	NO0003096208	40,000	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	5,325	< 0.01 %
N NORWEGIAN AIR SHUTTLE ASA	NO0010196140	92,000	< 0.01 %
A AKER BP ASA	NO0010345853	7,000	< 0.01 %
T TECO MARITIME GROUP AS	NO0010775448	1,473	< 0.01 %

Last update: Jun 2, 2025

Group structure

AS FREC
Total operating income 2024: NOK 0
Operating profit 2024: NOK -237,885
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	2,158,577	294,019	-5,056,268	-3,175,061
Total assets	43,603,568	33,322,126	29,229,239	45,165,871
Total liabilities	23,681,433	15,558,568	11,759,700	21,255,840
Total equity	19,922,134	17,763,557	17,469,539	23,910,031

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	237,885	323,999	251,573	236,844
Operating result	-237,885	-323,999	-251,573	-236,844
Financial income/costs	2,396,462	618,018	-4,804,695	-2,938,217
Profit before tax	2,158,577	294,019	-5,056,268	-3,175,061
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	2,158,577	294,019	-5,056,268	-3,175,061

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	4,030,602	10,940,307	11,423,655	17,303,989
Total current assets	39,572,966	22,381,819	17,805,584	27,861,882
Total assets	43,603,568	33,322,126	29,229,239	45,165,871
Short term debt	11,597,689	15,558,568	11,759,700	21,255,840
Long term debt	12,083,744	0	0	0
Total liabilities	23,681,433	15,558,568	11,759,700	21,255,840
Contributed capital	8,747,073	8,747,073	8,747,073	8,809,249
Retained earnings	11,175,061	9,016,484	8,722,465	15,100,782
Total equity	19,922,134	17,763,557	17,469,539	23,910,031
Total equity and liabilities	43,603,568	33,322,126	29,229,239	45,165,871

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