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M

M2 HOLDING AS986 390 502

Rental
Limited company
Hjellestadvegen 305E 5259 HJELLESTAD, Norge
Goods and trade
/ Rental
/ 68.209 Other letting of real estate

M2 HOLDING AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO
JM

Jostein Michaelsen1978

Chairman of the board
JM

Jostein Michaelsen1978

Years since formation
21 years
since Jan 24, 2004
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
1,700
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Annual total result 2024
20,478,256
NOK
Total equity 2024
60,522,588
NOK
Last update: Aug 4, 2025

Management

Management / administration

NameRoleShares
JM

Jostein Michaelsen

1978

Managing Director/CEO
100 %
directly

Board

NameRoleShares
JM

Jostein Michaelsen

1978

Chairman
100 %
directly
HW

Harald Wichne Michaelsen

1954

Alternate Member-

Others

NameRoleShares
R
RSM NORGE AS
Auditor-

Top 10 individual shareholders

NameRoleShares
JM

Jostein Michaelsen

1978

Managing Director/CEO, Chairman
100 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
JM

Jostein Michaelsen

1978

Ordinary shares
1,700
100 %

Shares owned by the M2 HOLDING AS

NameShare classTotal number of sharesShare
C
CINARIO INTERNATIONAL AS
Ordinary shares
100
100 %
M
M2 SECURITIES AS
Ordinary shares
100,000
100 %
M
M2 PROPERTY AS
Ordinary shares
4,700
100 %
F
FLESLANDSVEIEN 2 AS
Ordinary shares
200,000
100 %
M
M2 LAND DEVELOPMENT AS
Ordinary shares
8,800,000
88 %
P
PROPERTY VEST AS
Ordinary shares
958,000
87.53 %
H
HJELLESTAD JET SKI KLUBB AS
Ordinary shares
10
4.65 %
Last update: Jun 2, 2025

Group structure

  • M2 HOLDING AS
    Total operating income 2024: NOK 0
    Operating profit 2024: NOK -101,973
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
0
0
0
0
Annual Total Result
20,478,256
8,587,854
2,262,875
1,892,384
Total assets
110,385,373
92,078,894
89,307,026
95,076,308
Total liabilities
49,862,785
42,034,562
39,536,623
34,871,717
Total equity
60,522,588
50,044,332
49,770,403
60,204,591

P&L

Year2024202320222021
Total operating income
0
0
0
0
Total operating costs
101,973
117,229
514,191
72,594
Operating result
-101,973
-117,229
-514,191
-72,594
Financial income/costs
20,724,280
9,075,333
3,537,669
2,528,061
Profit before tax
20,622,307
8,958,104
3,023,479
2,455,467
Total tax & extraordinary income/cost
144,051
370,250
760,604
563,083
Annual Total Result
20,478,256
8,587,854
2,262,875
1,892,384

Balance overview

Year2024202320222021
Total fixed assets
64,805,506
59,438,756
72,004,407
81,829,087
Total current assets
45,579,868
32,640,137
17,302,619
13,247,221
Total assets
110,385,373
92,078,894
89,307,026
95,076,308
Short term debt
30,817,785
21,489,562
17,491,623
11,326,717
Long term debt
19,045,000
20,545,000
22,045,000
23,545,000
Total liabilities
49,862,785
42,034,562
39,536,623
34,871,717
Contributed capital
1,700,000
1,700,000
1,700,000
1,700,000
Retained earnings
58,822,588
48,344,332
48,070,403
58,504,591
Total equity
60,522,588
50,044,332
49,770,403
60,204,591
Total equity and liabilities
110,385,373
92,078,894
89,307,026
95,076,308

Classification

Category
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