BORGESTAD PROPERTIES AS
Organization
- CEO
- PF
Pål Feen Larsen1983
- Chairman of the board
- PF
Pål Feen Larsen1983
- Years since formation
- 27 years
- since Dec 18, 1998
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 566,600
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 3,000
- NOK
- Annual total result 2024
- 11,926,000
- NOK
- Total equity 2024
- 235,746,000
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
PF 1983 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
PF 1983 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
FT 1962 | - | 19.4 % indirectly |
OR | - | 5.61 % indirectly |
GJ | - | 3.55 % indirectly |
HB | - | 3.26 % indirectly |
| - | 3.26 % indirectly | |
| - | 3.26 % indirectly | |
CB 1988 | - | 3.26 % indirectly |
BO | - | 3.26 % indirectly |
AT 1999 | - | 2.98 % indirectly |
ET 2000 | - | 2.98 % indirectly |
Last update: Jun 24, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 566,600 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 8,437,000Operating profit 2024: NOK -10,219,000Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,000 | 0 | -51,109 | 0 |
Annual Total Result | 11,926,000 | -108,434,129 | -65,713,116 | -2,759,836 |
Total assets | 281,405,000 | 526,776,808 | 230,636,541 | 321,551,718 |
Total liabilities | 45,658,000 | 281,081,661 | 136,433,731 | 177,383,171 |
Total equity | 235,746,000 | 245,695,147 | 94,202,810 | 144,168,547 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,000 | 0 | -51,109 | 0 |
Total operating costs | 3,494,000 | 3,402,910 | 2,792,684 | 1,675,443 |
Operating result | -3,491,000 | -3,402,910 | -2,843,793 | -1,675,443 |
Financial income/costs | 21,587,000 | -103,053,711 | -61,111,660 | -1,084,393 |
Profit before tax | 18,096,000 | -106,456,621 | -63,955,453 | -2,759,836 |
Total tax & extraordinary income/cost | 6,170,000 | 1,977,508 | 1,757,663 | 0 |
Annual Total Result | 11,926,000 | -108,434,129 | -65,713,116 | -2,759,836 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 281,392,000 | 256,055,520 | 230,519,975 | 321,537,686 |
Total current assets | 13,000 | 270,721,288 | 116,566 | 14,032 |
Total assets | 281,405,000 | 526,776,808 | 230,636,541 | 321,551,718 |
Short term debt | 30,999,000 | 276,445,024 | 7,996,584 | 138,601 |
Long term debt | 14,659,000 | 4,636,637 | 128,437,147 | 177,244,570 |
Total liabilities | 45,658,000 | 281,081,661 | 136,433,731 | 177,383,171 |
Contributed capital | 235,746,000 | 245,695,147 | 94,202,810 | 144,168,547 |
Retained earnings | 0 | 0 | 0 | 0 |
Total equity | 235,746,000 | 245,695,147 | 94,202,810 | 144,168,547 |
Total equity and liabilities | 281,405,000 | 526,776,808 | 230,636,541 | 321,551,718 |
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