TURNSTONE PRIVATE EQUITY FUND II AS

Organization

Chairman of the board: KS
Kenneth Syltøy1991
Years since formation: 3 years; since Dec 1, 2022
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 171,937,723; 3 share classes
Total number of shareholders: 162; 159 companies, 3 persons
Belongs to group of

Financials

Annual total result 2024: -4,075,520; NOK
Total equity 2024: 62,055,425; NOK

Last update: Sep 9, 2025

Management

Board

Name	Role	Shares
NE Nils Erik Joachim Høegh-Krohn 1966	Board Member	-
KS Kenneth Syltøy 1991	Chairman	-
PU Peter Ulrik Hammerich 1970	Board Member	-

Others

Name	Role	Shares
S STATEMENT AS	Accountant	-
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
TH Thomas Hakavik 1971	-	2.91 % indirectly
VL Vidar Lien 1963	-	2.33 % indirectly
TK Thomas Krage Svensen 1973	-	2.03 % indirectly
CK Carina Krage Svensen 1975	-	1.72 % indirectly
OT Ove Tveteraas 1955	-	1.63 % indirectly
IL Ivar Løge 1938	-	1.45 % indirectly
IF Ivar Fjellseth 1953	-	1.28 % indirectly
AL Anthon Lauritz Zeiner 1980	-	1.16 % indirectly
JC Jan Christian Opsahl 1949	-	1.05 % indirectly
PR Peder Rye Lier 1987	-	1.05 % indirectly

Last update: Jul 23, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
T TORENO AS	A-shares	15,000,000	8.72 %
H HERFO FINANS AS	A-shares	6,400,000	3.72 %
P POWER INVEST AS	A-shares	5,000,000	2.91 %
S SONGA INVESTMENTS AS	A-shares	5,000,000	2.91 %
K KVANTIA AS	A-shares	5,000,000	2.91 %
B BERGENSKANTEN AS	A-shares	5,000,000	2.91 %
V VILICO AS	A-shares	4,000,000	2.33 %
T TVETERAAS INVEST AS	A-shares	3,500,000	2.04 %
S SANDEN AS	A-shares	3,000,000	1.74 %
D DALLAS ASSET MANAGEMENT AS	A-shares	3,000,000	1.74 %
EP Equity Partners Ii Cv Dm	A-shares	3,000,000	1.74 %
T TORKAP AS	A-shares	2,500,000	1.45 %
I IVAR LØGE AS	A-shares	2,500,000	1.45 %
T THK EQUITY AS	A-shares	2,500,000	1.45 %
S SKATTUM INVEST AS	A-shares	2,250,000	1.31 %
R RAVI INVESTERING AS	A-shares	2,200,000	1.28 %
M MØKSTER INVESTERING AS	A-shares	2,200,000	1.28 %
B BJARØY KAPITAL AS	A-shares	2,200,000	1.28 %
T TURNSTONE PRIVATE EQUITY AS	C-shares	2,149,222	1.25 %
N NYE BECK HOLDING AS	A-shares	2,000,000	1.16 %
Z ZEINER VEKST AS	A-shares	2,000,000	1.16 %
S STANGELAND HOLDING AS	A-shares	2,000,000	1.16 %
H HERFØLL INVEST AS	A-shares	2,000,000	1.16 %
T TØNJUM INVEST AS	A-shares	2,000,000	1.16 %
M MOTOR TRADE EIENDOM OG FINANS AS	A-shares	2,000,000	1.16 %
P PEGASI AS	A-shares	1,800,000	1.05 %
L LØREN HOLDING AS	A-shares	1,750,000	1.02 %
S SNEFONN AS	A-shares	1,750,000	1.02 %
M MH CAPITAL AS	A-shares	1,750,000	1.02 %
D DEVICO INVEST AS	A-shares	1,700,000	0.99 %
P POA AS	A-shares	1,700,000	0.99 %
V VINTAGE CAPITAL AS	A-shares	1,700,000	0.99 %
M MONSTRO AS	A-shares	1,500,000	0.87 %
W WILLUMSEN FINANS AS	A-shares	1,500,000	0.87 %
P PROCERTA AS	A-shares	1,500,000	0.87 %
B BRYGGEKANTEN I HOLDING AS	A-shares	1,500,000	0.87 %
B BRINKBYGG AS	A-shares	1,500,000	0.87 %
A ANDVARI INVESTMENT RESEARCH AS	A-shares	1,500,000	0.87 %
S STIFTELSEN HANS RASMUS ASTRUP	A-shares	1,500,000	0.87 %
I INVESTORE FINANS AS	A-shares	1,400,000	0.81 %
H HESNES INVEST AS	A-shares	1,400,000	0.81 %
A ALCIDES HOLDING AS	A-shares	1,300,000	0.76 %
S STIFTELSEN THOMAS FEARNLEY, HEDDY OG NILS ASTRUP	A-shares	1,200,000	0.7 %
L LANGEBRU AS	A-shares	1,100,000	0.64 %
M MOGUL INVEST AS	A-shares	1,000,000	0.58 %
T TICON INVEST AS	A-shares	1,000,000	0.58 %
A ALPHABET AS	A-shares	1,000,000	0.58 %
K KLAVENESS MARINE FINANCE AS	A-shares	1,000,000	0.58 %
L LAHO AS	A-shares	1,000,000	0.58 %
D DAMGÅRD INVEST AS	A-shares	1,000,000	0.58 %
S SOFELL AS	A-shares	1,000,000	0.58 %
S SAVOCA AS	A-shares	1,000,000	0.58 %
M MEKATRONIKK HOLDING AS	A-shares	1,000,000	0.58 %
A AGAT AS	A-shares	1,000,000	0.58 %
A A/S MILLENIUM	A-shares	1,000,000	0.58 %
E ENERGY INVESTORS AS	A-shares	1,000,000	0.58 %
K K11 INVESTOR AS	A-shares	1,000,000	0.58 %
V VEST-FINANS AS	A-shares	1,000,000	0.58 %
K KRISTIAN FALNES AS	A-shares	1,000,000	0.58 %
OP Odfjell Partners Holding Ltd	A-shares	1,000,000	0.58 %
O OALD INVEST AS	A-shares	925,000	0.54 %
T TOKA INVEST II AS	A-shares	900,000	0.52 %
M MAHEGA AS	A-shares	900,000	0.52 %
L L. GILL-JOHANNESSEN AS	A-shares	900,000	0.52 %
A AEGERTER AS	A-shares	900,000	0.52 %
M MASE AS	A-shares	878,000	0.51 %
O OVIV AS	A-shares	875,000	0.51 %
A ALBATROSS INVESTMENT AS	A-shares	870,000	0.51 %
B BREIANGEN AS	A-shares	850,000	0.49 %
P PUNTE HOLDING AS	A-shares	850,000	0.49 %
F FINE LINE DIRECT AS	A-shares	800,000	0.47 %
G GSP HOLDING AS	A-shares	800,000	0.47 %
M MOMO INVEST AS	A-shares	750,000	0.44 %
T TIGERBOYS AS	A-shares	750,000	0.44 %
A ACADIA HOLDING AS	A-shares	700,000	0.41 %
S STALFO HOLDING AS	A-shares	700,000	0.41 %
S SULEFJELL AS	A-shares	675,000	0.39 %
IA International Assurance Sa Lombard	A-shares	650,000	0.38 %
N NORLINK EIENDOM AS	A-shares	600,000	0.35 %
W WHITEROCK AS	A-shares	600,000	0.35 %
V VOLVERE AS	A-shares	500,000	0.29 %
D DRAGESUND INVEST AS	A-shares	500,000	0.29 %
W WHI AS	A-shares	500,000	0.29 %
O OSCAR LILLEBØE HOLDING AS	A-shares	500,000	0.29 %
W WIECO AS	A-shares	500,000	0.29 %
T TIGERBOY AS	A-shares	500,000	0.29 %
P PROFOND AS	A-shares	500,000	0.29 %
N NYSKAREIG AS	A-shares	500,000	0.29 %
S SKRIM AS	A-shares	500,000	0.29 %
O OSKAR INVESTMENT AS	A-shares	450,000	0.26 %
R RADIN INVEST AS	A-shares	450,000	0.26 %
F FERDINAND INVEST AS	A-shares	450,000	0.26 %
S SYNECO AS	A-shares	450,000	0.26 %
S SKYFRI INVESTERING AS	A-shares	450,000	0.26 %
T TUNOD INVEST AS	A-shares	430,000	0.25 %
B BAY CAPITAL INVEST AS	A-shares	430,000	0.25 %
K KOKO AS	A-shares	430,000	0.25 %
J JAC MOE AS	A-shares	425,000	0.25 %
C Constantia AS	A-shares	425,000	0.25 %
A ABP EIENDOM AS	A-shares	425,000	0.25 %

Shares owned by the TURNSTONE PRIVATE EQUITY FUND II AS

Name	Share class	Total number of shares	Share
T TURNSTONE II INVEST I AS	Ordinary shares	3,000	100 %
G GONDOLA TOPCO AS	Ordinary shares	50,000,000	5.02 %

Last update: Jun 2, 2025

Group structure

TURNSTONE PRIVATE EQUITY FUND II AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -3,015,424
Employees: 0

Financials

in NOK

Summary

Year	2024	2022
Total operating income	0	0
Annual Total Result	-4,075,520	-835,139
Total assets	94,171,398	2,229
Total liabilities	32,115,973	834,964
Total equity	62,055,425	-832,735

P&L

Year	2024	2022
Total operating income	0	0
Total operating costs	3,015,424	834,907
Operating result	-3,015,424	-834,907
Financial income/costs	-1,060,095	-232
Profit before tax	-4,075,520	-835,139
Total tax & extraordinary income/cost	0	0
Annual Total Result	-4,075,520	-835,139

Balance overview

Year	2024	2022
Total fixed assets	93,409,786	0
Total current assets	761,612	2,229
Total assets	94,171,398	2,229
Short term debt	32,115,973	834,964
Long term debt	0	0
Total liabilities	32,115,973	834,964
Contributed capital	66,966,083	2,403
Retained earnings	-4,910,658	-835,139
Total equity	62,055,425	-832,735
Total equity and liabilities	94,171,398	2,229

Classification

Type of organization

Limited company

TURNSTONE PRIVATE EQUITY FUND II AS930 342 742

TURNSTONE PRIVATE EQUITY FUND II AS

Organization

Ownership

Financials

Management

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the TURNSTONE PRIVATE EQUITY FUND II AS

Group structure

Financials

Summary

P&L

Balance overview

Classification