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K

KVARTAL 20 AS979 919 026

Rental
Limited company
Vesterålsgata 58 8400 SORTLAND, Norge

KVARTAL 20 AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board
UO
Years since formation
27 years
since Jul 17, 1998
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
300
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
3,106,886
NOK
Annual total result 2024
617,272
NOK
Total equity 2024
20,366,338
NOK
Last update: Jul 30, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
UO
Chairman
100 %
indirectly
Alternate Member-

Others

NameRoleShares
R
REVICOM AS
Accountant, Auditor-

Top 10 individual shareholders

NameRoleShares
UO
Chairman
100 %
indirectly
Last update: Oct 11, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
V
VARDEN AS
Ordinary shares
300
100 %

Shares owned by the KVARTAL 20 AS

NameShare classTotal number of sharesShare
S
SORTLAND BYUTVIKLING AS
Ordinary shares
3
1.38 %
Ordinary shares
5
0.77 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 1,061,774
    Operating profit 2024: NOK -2,538,496
    Employees: 5

Financials

in NOK

Summary

Year2024202320222021
Total operating income
3,106,886
5,316,728
3,918,988
3,048,714
Annual Total Result
617,272
1,495,550
110,025
-75,845
Total assets
42,691,498
47,429,756
51,647,852
12,165,017
Total liabilities
22,325,159
27,063,419
31,244,753
11,807,944
Total equity
20,366,338
20,366,338
20,403,100
357,073

P&L

Year2024202320222021
Total operating income
3,106,886
5,316,728
3,918,988
3,048,714
Total operating costs
1,176,518
2,308,227
3,045,605
2,697,303
Operating result
1,930,367
3,008,501
873,383
351,412
Financial income/costs
-1,138,922
-1,091,058
-732,324
-448,288
Profit before tax
791,445
1,917,443
141,059
-96,876
Total tax & extraordinary income/cost
174,173
421,893
31,034
-21,031
Annual Total Result
617,272
1,495,550
110,025
-75,845

Balance overview

Year2024202320222021
Total fixed assets
42,558,143
47,190,316
50,734,498
11,913,621
Total current assets
133,355
239,440
913,354
251,395
Total assets
42,691,498
47,429,756
51,647,852
12,165,017
Short term debt
1,064,181
2,209,080
1,653,511
1,602,964
Long term debt
21,260,978
24,854,339
29,591,242
10,204,980
Total liabilities
22,325,159
27,063,419
31,244,753
11,807,944
Contributed capital
300,000
300,000
300,000
300,000
Retained earnings
20,066,338
20,066,338
20,103,100
57,073
Total equity
20,366,338
20,366,338
20,403,100
357,073
Total equity and liabilities
42,691,498
47,429,757
51,647,852
12,165,017

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
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