OLAV HJORTESET AS • 889033932 • Oslo • Real estate activities

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Goods and trade

OLAV HJORTESET AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: OH
Olav Hjorteset1934
Chairman of the board: OH
Olav Hjorteset1934
Years since formation: 18 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 2023: 332,100; NOK
Annual total result 2023: 6,489,304; NOK
Total equity 2023: 17,934,151; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
OH Olav Hjorteset 1934	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
OH Olav Hjorteset 1934	Chairman	100 % directly
SH Stig Hjorteset 1962	Alternate Member	-

Others

Name	Role	Shares
P PKF REVISJON AS	Auditor	-
M M MORTENSEN REGNSKAPSSERVICE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
OH Olav Hjorteset 1934	Managing Director/CEO, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
OH Olav Hjorteset 1934	Ordinary shares	100	100 %

Shares owned by the OLAV HJORTESET AS

Name	Share class	Number of shares	Share
E EMERGING EUROPE LAND DEVELOPMENT AS	NO0010447675	138,970,942	2.45 %
B BALTIC SEA PROPERTIES AS	NO0010810476	91,481	1.37 %
C CROATIAN DEVELOPMENT PROPERTY II AS	NO0010388846	74,300	0.93 %
L LIONERO AS	NO0010298318	415,876	0.36 %
B BLUE BAY CLUB AS	NO0010367808	485	0.02 %
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 %
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: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	332,100	611,458	3,845,718
Annual Total Result	6,489,304	-887,121	2,333,594
Total assets	34,210,159	31,643,936	45,131,272
Total liabilities	16,276,009	20,199,089	32,799,305
Total equity	17,934,151	11,444,847	12,331,968

P&L

Year	2023	2022	2021
Total operating income	332,100	611,458	3,845,718
Total operating costs	356,497	1,588,262	789,832
Operating result	-24,397	-976,804	3,055,886
Financial income/costs	7,258,288	89,683	0
Profit before tax	7,233,891	-887,121	3,055,886
Total tax & extraordinary income/cost	744,587	0	722,292
Annual Total Result	6,489,304	-887,121	2,333,594

Balance overview

Year	2023	2022	2021
Total fixed assets	3,657,891	3,657,891	3,657,891
Total current assets	30,552,268	27,986,045	41,473,381
Total assets	34,210,159	31,643,936	45,131,272
Short term debt	744,587	0	722,292
Long term debt	15,531,422	20,199,089	32,077,013
Total liabilities	16,276,009	20,199,089	32,799,305
Contributed capital	15,100,000	15,100,000	15,100,000
Retained earnings	2,834,151	-3,655,153	-2,768,032
Total equity	17,934,151	11,444,847	12,331,968
Total equity and liabilities	34,210,159	31,643,936	45,131,272

Classification

Category

Goods and trade

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