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O

OLAV HJORTESET AS889 033 932

Limited company
Årvollveien 32B 0590 OSLO, Norge

OLAV HJORTESET AS

Organization

CEO
OH

Olav Hjorteset1934

Chairman of the board
OH

Olav Hjorteset1934

Years since formation
19 years
since Jan 2, 2006
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

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

Financials

Total operating income 2024
334,800
NOK
Annual total result 2024
-17,125,567
NOK
Total equity 2024
808,584
NOK
Last update: Sep 9, 2025

Management

Management / administration

NameRoleShares
OH

Olav Hjorteset

1934

Managing Director/CEO
100 %
directly

Board

NameRoleShares
OH

Olav Hjorteset

1934

Chairman
100 %
directly
SH

Stig Hjorteset

1962

Alternate Member-

Others

NameRoleShares
M
M MORTENSEN REGNSKAPSSERVICE AS
Accountant-

Top 10 individual shareholders

NameRoleShares
OH

Olav Hjorteset

1934

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

Ownership

Company shareholders

NameShare classTotal number of sharesShare
OH

Olav Hjorteset

1934

Ordinary shares
100
100 %

Shares owned by the OLAV HJORTESET AS

NameShare classTotal number of sharesShare
E
EMERGING EUROPE LAND DEVELOPMENT AS
Ordinary shares
138,970,942
2.45 %
B
BALTIC SEA PROPERTIES AS
NO0010810476
91,481
1.05 %
C
CROATIAN DEVELOPMENT PROPERTY II AS
NO0010388846
74,300
0.93 %
L
LIONERO AS
NO0010298318
415,876
0.36 %
A
ABU DHABI REAL DEVELOPMENT HOLDING AS
NO0010448731
10,000
< 0.01 %
V
Veidekke ASA
NO0005806802
1,330
< 0.01 %
O
ORKLA ASA
NO0003733800
3,088
< 0.01 %
P
PETRONOR E&P ASA
NO0012942525
85
< 0.01 %
B
BLUE BAY CLUB AS
NO0010367808
485
< 0.01 %
P
PRIME PROPERTY KROATIA I AS
NO0010392327
100,000
< 0.01 %
P
PANORO ENERGY ASA
NO0010564701
1,000
< 0.01 %
G
GJENSIDIGE FORSIKRING ASA
NO0010582521
3,253
< 0.01 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
334,800
332,100
611,458
3,845,718
Annual Total Result
-17,125,567
6,489,304
-887,121
2,333,594
Total assets
16,696,589
34,210,159
31,643,936
45,131,272
Total liabilities
15,888,005
16,276,009
20,199,089
32,799,305
Total equity
808,584
17,934,151
11,444,847
12,331,968

P&L

Year2024202320222021
Total operating income
334,800
332,100
611,458
3,845,718
Total operating costs
18,228,029
356,497
1,588,262
789,832
Operating result
-17,893,229
-24,397
-976,804
3,055,886
Financial income/costs
767,662
7,258,288
89,683
0
Profit before tax
-17,125,567
7,233,891
-887,121
3,055,886
Total tax & extraordinary income/cost
0
744,587
0
722,292
Annual Total Result
-17,125,567
6,489,304
-887,121
2,333,594

Balance overview

Year2024202320222021
Total fixed assets
3,657,891
3,657,891
3,657,891
3,657,891
Total current assets
13,038,698
30,552,268
27,986,045
41,473,381
Total assets
16,696,589
34,210,159
31,643,936
45,131,272
Short term debt
152,375
744,587
0
722,292
Long term debt
15,735,630
15,531,422
20,199,089
32,077,013
Total liabilities
15,888,005
16,276,009
20,199,089
32,799,305
Contributed capital
15,100,000
15,100,000
15,100,000
15,100,000
Retained earnings
-14,291,416
2,834,151
-3,655,153
-2,768,032
Total equity
808,584
17,934,151
11,444,847
12,331,968
Total equity and liabilities
16,696,589
34,210,159
31,643,936
45,131,272

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