FRONTA AS

Keywords

constructionresidential buildingssingle-family homesapartment buildingsapartment blocksfactoriesworkshopshospitalsschoolsoffice buildingshotelsshopsshopping centersrestaurantsairport buildingssports hallsparking garageswarehouseschurchesprefabricated buildingsremodelingrepairmaintenance

Organization

CEO: KA
Kurt Arne Tyse1960
Chairman of the board: KA
Kurt Arne Tyse1960
Years since formation: 14 years; since Dec 28, 2011
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 900,001; 1 share class
Total number of shareholders: 3; companies
Belongs to group of

Financials

Total operating income 2023: 123,060,000; NOK
Annual total result 2023: 6,819,000; NOK
Total equity 2023: 77,315,000; NOK

Last update: Sep 18, 2024

Management

Management / administration

Name	Role	Shares
KA Kurt Arne Tyse 1960	Managing Director/CEO	25 % indirectly

Board

Name	Role	Shares
KA Kurt Arne Tyse 1960	Chairman	25 % indirectly
EP Erling Prestbø 1963	Board Member	8.33 % indirectly

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
RR Rune Runestad 1954	-	50 % indirectly
KA Kurt Arne Tyse 1960	Managing Director/CEO, Chairman	25 % indirectly
EP Erling Prestbø 1963	Board Member	8.33 % indirectly
OS Ove Simonsen 1960	-	1.67 % indirectly

Last update: Feb 27, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
K KA FINANS AS	Ordinary shares	300,001	33.33 %
G GEFRO FINANS AS	Ordinary shares	300,000	33.33 %
R RI STORD AS	Ordinary shares	300,000	33.33 %

Shares owned by the FRONTA AS

Name	Share class	Number of shares	Share
P PRESTEGARDEN EIENDOMSUTVIKLING AS	Ordinary shares	670	67 %
H HEIANE SØR AS	Ordinary shares	60,500	50 %
S STORD EIENDOM AS	Ordinary shares	2,920	50 %
K KOLØYHOLMEN AS	Ordinary shares	2,500	50 %
K KNATTEN EIENDOM STORD AS	Ordinary shares	2,000	50 %
H HEIANE VEST AS	Ordinary shares	1,500	50 %
H HORNELANDSVEGEN 154 AS	Ordinary shares	66	33 %
O OSEN 8 AS	Ordinary shares	38,000	25 %
I INDREHOLMEN EIENDOM AS	Ordinary shares	100	20 %
S SUNNHORDLANDSDIAGONALEN AS	Ordinary shares	3,000	4.55 %
S SUNNFAST AS	Ordinary shares	1	2.5 %
B BYGDAPØBBEN AS	Ordinary shares	5	1.69 %
T TYSNES KRAFTLAG AS	NO0010839533	929,746	0.84 %

Last update: May 24, 2024

Group structure

FRONTA AS
Total operating income 2023: NOK 123,060,000
Operating profit 2023: NOK 18,480,000
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	123,060,000	139,489,000	184,756,000
Annual Total Result	6,819,000	-41,391,000	-8,795,000
Total assets	249,462,000	230,546,000	234,936,000
Total liabilities	172,147,000	160,049,000	123,048,000
Total equity	77,315,000	70,497,000	111,887,000

P&L

Year	2023	2022	2021
Total operating income	123,060,000	139,489,000	184,756,000
Total operating costs	104,580,000	161,163,000	190,488,000
Operating result	18,480,000	-21,674,000	-5,732,000
Financial income/costs	-11,661,000	-21,265,000	-5,253,000
Profit before tax	6,819,000	-42,939,000	-10,985,000
Total tax & extraordinary income/cost	0	-1,548,000	-2,190,000
Annual Total Result	6,819,000	-41,391,000	-8,795,000

Balance overview

Year	2023	2022	2021
Total fixed assets	202,969,000	203,603,000	204,955,000
Total current assets	46,493,000	26,943,000	29,981,000
Total assets	249,462,000	230,546,000	234,936,000
Short term debt	72,747,000	50,667,000	65,064,000
Long term debt	99,400,000	109,382,000	57,984,000
Total liabilities	172,147,000	160,049,000	123,048,000
Contributed capital	97,617,000	97,617,000	111,887,000
Retained earnings	-20,302,000	-27,120,000	0
Total equity	77,315,000	70,497,000	111,887,000
Total equity and liabilities	249,462,000	230,546,000	234,935,000

FRONTA AS897 768 232

FRONTA AS

Keywords

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the FRONTA AS

Group structure

Financials

Summary

P&L

Balance overview

Classification