88 INVEST AS • 988661252 • Fredrikstad • Real estate activities

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Goods and trade

88 INVEST AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: JD
Junfeng Dai1978
Chairman of the board: TA
Terje Andersen1951
Years since formation: 19 years; since Oct 8, 2005
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 200; 1 share class
Total number of shareholders: 3; companies

Financials

Total operating income 2023: 1,349,801; NOK
Annual total result 2023: 853,773; NOK
Total equity 2023: 384,864; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
JD Junfeng Dai 1978	Managing Director/CEO	25 % indirectly

Board

Name	Role	Shares
TA Terje Andersen 1951	Chairman	14.47 % indirectly
JD Junfeng Dai 1978	Deputy Chair	25 % indirectly
JP Jan Petter Andersen 1957	Board Member	14.47 % indirectly
AF A Foo Tsan 1975	Board Member	10 % indirectly

Others

Name	Role	Shares
A ALFA REGNSKAP A L Eriksen	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
JD Junfeng Dai 1978	Managing Director/CEO, Deputy Chair	25 % indirectly
MD Min Dai 1975	-	15 % indirectly
JP Jan Petter Andersen 1957	Board Member	14.47 % indirectly
TA Terje Andersen 1951	Chairman	14.47 % indirectly
IE Ingrid Elisabeth Bogelund Andersen 1991	-	10.39 % indirectly
AF A Foo Tsan 1975	Board Member	10 % indirectly
KA Kristian Klev Andersen 1977	-	5.2 % indirectly
EA Ellen Klev Andersen 1982	-	5.2 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
A ANDERSEN HOLDING AS	Ordinary shares	100	50 %
M MIN HOLDING AS	Ordinary shares	50	25 %
8 88 HOLDING AS	Ordinary shares	50	25 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022
Total operating income	1,349,801	1,346,584
Annual Total Result	853,773	816,535
Total assets	1,822,098	1,889,167
Total liabilities	1,437,234	1,558,076
Total equity	384,864	331,091

P&L

Year	2023	2022
Total operating income	1,349,801	1,346,584
Total operating costs	255,279	299,623
Operating result	1,094,522	1,046,961
Financial income/costs	74	-122
Profit before tax	1,094,596	1,046,840
Total tax & extraordinary income/cost	240,823	230,305
Annual Total Result	853,773	816,535

Balance overview

Year	2023	2022
Total fixed assets	543,963	632,174
Total current assets	1,278,135	1,256,993
Total assets	1,822,098	1,889,167
Short term debt	1,233,627	1,263,430
Long term debt	203,607	294,646
Total liabilities	1,437,234	1,558,076
Contributed capital	200,000	200,000
Retained earnings	184,864	131,091
Total equity	384,864	331,091
Total equity and liabilities	1,822,098	1,889,167

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