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T

TURN AROUND AS941 864 732

Real Estate
Limited company
Krags vei 10 0783 OSLO, Norge

TURN AROUND AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

Chairman of the board
Years since formation
29 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
2
persons

Financials

Total operating income 2023
583,500
NOK
Annual total result 2023
1,210,111
NOK
Total equity 2023
566,139
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
50 %
directly

Board

NameRoleShares
Chairman
50 %
directly
Board Member
50 %
directly
Alternate Member-

Others

NameRoleShares
C
CROWE PARTNER REVISJON AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Chairman
50 %
directly
Board Member
50 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
Ordinary shares
50
50 %
Ordinary shares
50
50 %

Shares owned by the TURN AROUND AS

NameShare classNumber of sharesShare
S
STAFFING INVEST AS
Class B shares
5,000
5.88 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
583,500
778,000
644,612
Annual Total Result
1,210,111
-1,349,985
770,789
Total assets
8,577,047
12,034,744
4,809,889
Total liabilities
8,010,909
12,678,717
4,103,878
Total equity
566,139
-643,972
706,011

P&L

Year202320222021
Total operating income
583,500
778,000
644,612
Total operating costs
263,836
278,846
204,040
Operating result
319,664
499,154
440,572
Financial income/costs
972,789
-1,735,210
525,100
Profit before tax
1,292,453
-1,236,056
965,672
Total tax & extraordinary income/cost
82,342
113,929
194,883
Annual Total Result
1,210,111
-1,349,985
770,789

Balance overview

Year202320222021
Total fixed assets
7,313,643
11,151,637
2,838,738
Total current assets
1,263,404
883,107
1,971,151
Total assets
8,577,047
12,034,744
4,809,889
Short term debt
156,748
115,445
197,122
Long term debt
7,854,160
12,563,272
3,906,756
Total liabilities
8,010,909
12,678,717
4,103,878
Contributed capital
100,000
100,000
100,000
Retained earnings
466,139
-743,972
606,011
Total equity
566,139
-643,972
706,011
Total equity and liabilities
8,577,047
12,034,744
4,809,889

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
Standard industrial classification
L
Main industrial area
Real estate activities
68
Activity
Real estate activities
68.1
Main industrial group
Buying and selling of own real estate
68.10
Industrial group
Buying and selling of own real estate
68.100
Industrial group
Buying and selling of own real estate