FRONT BYGG AS • 996533662 • Oslo • Construction of buildings

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/ Purchase and sale

FRONT BYGG AS

Front Gruppen

Keywords

real estatesalesdevelopment

Links

Organization

CEO: TS
Terje Skahjem1968
Chairman of the board: TS
Terje Skahjem1968
Years since formation: 13 years; since Feb 8, 2011
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 5,088,061; NOK
Annual total result 2023: -321,563; NOK
Total equity 2023: 1,479,055; NOK

Last update: Sep 7, 2024

Management

Management / administration

Name	Role	Shares
TS Terje Skahjem 1968	Managing Director/CEO	50 % indirectly

Board

Name	Role	Shares
TS Terje Skahjem 1968	Chairman	50 % indirectly
TS Trond Sveinsvold 1967	Board Member	30.45 % indirectly

Others

Name	Role	Shares
R REVISORKOLLEGIET AS	Auditor	-
A AGENTE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TS Terje Skahjem 1968	Managing Director/CEO, Chairman	50 % indirectly
TS Trond Sveinsvold 1967	Board Member	30.45 % indirectly
GE Gro Elise Sveinsvold 1968	-	7.93 % indirectly
AK Ann Kristin Sveinsvold Homdrum 1978	-	7.93 % indirectly
GS Gunn Sveinsvold 1946	-	3.69 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
F FRONT GRUPPEN AS	Ordinary shares	100	100 %

Shares owned by the FRONT BYGG AS

Name	Share class	Number of shares	Share
G GG6 UTVIKLING AS	Ordinary shares	50	50 %

Last update: May 24, 2024

Group structure

FRONT GRUPPEN AS
Total operating income 2023: NOK 1,118,750
Operating profit 2023: NOK -1,694,585
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	5,088,061	7,372,586	9,804,800
Annual Total Result	-321,563	-65,731	1,481,698
Total assets	31,259,890	25,521,244	25,850,210
Total liabilities	29,780,834	24,042,189	24,305,424
Total equity	1,479,055	1,479,055	1,544,786

P&L

Year	2023	2022	2021
Total operating income	5,088,061	7,372,586	9,804,800
Total operating costs	4,744,234	7,257,165	7,718,254
Operating result	343,827	115,421	2,086,546
Financial income/costs	-756,087	-181,152	-186,864
Profit before tax	-412,260	-65,731	1,899,682
Total tax & extraordinary income/cost	-90,697	0	417,984
Annual Total Result	-321,563	-65,731	1,481,698

Balance overview

Year	2023	2022	2021
Total fixed assets	19,117,114	16,605,825	9,894,946
Total current assets	12,142,776	8,915,419	15,955,264
Total assets	31,259,890	25,521,244	25,850,210
Short term debt	13,559,336	7,768,267	4,309,358
Long term debt	16,221,499	16,273,922	19,996,066
Total liabilities	29,780,834	24,042,189	24,305,424
Contributed capital	538,028	216,465	216,465
Retained earnings	941,027	1,262,590	1,328,321
Total equity	1,479,055	1,479,055	1,544,786
Total equity and liabilities	31,259,890	25,521,244	25,850,210

Classification

Category

/ Purchase and sale

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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate