FRONT FARM AS • 897311852 • Sandnes • Real estate activities

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FRONT FARM AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

CEO: AT
Arild Taarland1968
Chairman of the board: HJ
Hans Jelsa1975
Years since formation: 13 years; since Sep 7, 2011
Type: Limited company
VAT registered: Yes
Number of employees: 5

Ownership

Number of shares and share classes: 2,506; 1 share class
Total number of shareholders: 7; companies
Belongs to group of

Financials

Total operating income 2023: 11,700,000; NOK
Annual total result 2023: 8,214,627; NOK
Total equity 2023: 34,662,938; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
AT Arild Taarland 1968	Managing Director/CEO	12.49 % indirectly

Board

Name	Role	Shares
HJ Hans Jelsa 1975	Chairman	12.49 % indirectly
AT Arild Taarland 1968	Board Member	12.49 % indirectly
JH Jan Henrik Jelsa 1965	Board Member	8.74 % indirectly
WG William Gulliksen 1955	Board Member	3.12 % indirectly
DG Dimitar Georgiev Georgiev 1974	Board Member	12.49 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-
L LIGO REGNSKAP AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
BL Bjørn Landsnes 1967	-	12.57 % indirectly
HJ Hans Jelsa 1975	Chairman	12.49 % indirectly
AT Arild Taarland 1968	Managing Director/CEO, Board Member	12.49 % indirectly
EE Espen Eikeland 1984	-	12.49 % indirectly
DG Dimitar Georgiev Georgiev 1974	Board Member	12.49 % indirectly
JH Jan Henrik Jelsa 1965	Board Member	8.74 % indirectly
PG Preben Bøe Gulliksen 1986	-	3.12 % indirectly
AG Atle Bøe Gulliksen 1978	-	3.12 % indirectly
WG William Gulliksen 1955	Board Member	3.12 % indirectly
FG Frode Bøe Gulliksen 1982	-	3.12 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
L LIGO GRUPPEN AS	Ordinary shares	626	24.98 %
K KANTARELL AS	Ordinary shares	315	12.57 %
W WILMAR GRUPPEN AS	Ordinary shares	313	12.49 %
H HAJT AS	Ordinary shares	313	12.49 %
E EIKELAND INVESTMENT AS	Ordinary shares	313	12.49 %
C CAHE INVEST AS	Ordinary shares	313	12.49 %
A ARRAY AS	Ordinary shares	313	12.49 %

Shares owned by the FRONT FARM AS

Name	Share class	Number of shares	Share
L LIGO REGNSKAP AS	Ordinary shares	1,000	100 %
F FRONT SOFTWARE AS	Ordinary shares	1,000	100 %
F FRONT PAYMENT AS	Ordinary shares	1,916,667	100 %
N NEXT SYSTEMS AS	Ordinary shares	3,000	100 %
R RESSURS FINANS AS	Ordinary shares	800	100 %
S SALGS FORUM AS	Ordinary shares	1,000	100 %
A AVTALE PARTNER AS	Ordinary shares	1,195,000	91.92 %
F FRONT COM AS	Ordinary shares	2,000	80 %
D DENTAL REGNSKAP AS	Ordinary shares	600	60 %
D DEBIA AS	Ordinary shares	545	59.96 %
1 123 HOUSING AS	Ordinary shares	186,054	2.84 %

Last update: May 24, 2024

Group structure

FRONT FARM AS
Total operating income 2023: NOK 11,700,000
Operating profit 2023: NOK 4,495,323
Employees: 5

Financials

in NOK

Summary

Year	2023	2022
Total operating income	11,700,000	10,200,000
Annual Total Result	8,214,627	9,015,029
Total assets	111,799,383	112,078,195
Total liabilities	77,136,445	81,629,884
Total equity	34,662,938	30,448,311

P&L

Year	2023	2022
Total operating income	11,700,000	10,200,000
Total operating costs	7,204,677	6,764,365
Operating result	4,495,323	3,435,635
Financial income/costs	6,056,704	8,139,000
Profit before tax	10,552,027	11,574,635
Total tax & extraordinary income/cost	2,337,400	2,559,606
Annual Total Result	8,214,627	9,015,029

Balance overview

Year	2023	2022
Total fixed assets	101,145,195	89,345,514
Total current assets	10,654,188	22,732,681
Total assets	111,799,383	112,078,195
Short term debt	17,799,861	24,879,888
Long term debt	59,336,584	56,749,996
Total liabilities	77,136,445	81,629,884
Contributed capital	1,007,080	1,007,080
Retained earnings	33,655,858	29,441,231
Total equity	34,662,938	30,448,311
Total equity and liabilities	111,799,383	112,078,195

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

68.1

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