PIO INVEST AS • 985875103 • Elverum • Real estate activities

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/ 68.100 Buying and selling of own real estate

PIO INVEST AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

CEO: KL
Kjetil Løvaas1969
Chairman of the board: BG
Brede Guttorm Bjørnebye1966
Years since formation: 22 years; since Jul 19, 2003
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: 3; companies
Belongs to group of

Financials

Total operating income 2024: 936,050; NOK
Annual total result 2024: -692,353; NOK
Total equity 2024: 3,504,263; NOK

Last update: Apr 2, 2025

Management

Management / administration

Name	Role	Shares
KL Kjetil Løvaas 1969	Managing Director/CEO	34 % indirectly

Board

Name	Role	Shares
BG Brede Guttorm Bjørnebye 1966	Chairman	26.4 % indirectly
OJ Ole Jakob Bjørnebye 1967	Board Member	33 % indirectly
KL Kjetil Løvaas 1969	Board Member	34 % indirectly

Others

Name	Role	Shares
I IFRONT ØKONOMI AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KL Kjetil Løvaas 1969	Managing Director/CEO, Board Member	34 % indirectly
OJ Ole Jakob Bjørnebye 1967	Board Member	33 % indirectly
BG Brede Guttorm Bjørnebye 1966	Chairman	26.4 % indirectly
MN Martin Nilsen Bjørnebye 1991	-	3.3 % indirectly
TB Tine Bjørnebye 1997	-	3.3 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
A AKK HOLDING AS	Ordinary shares	34	34 %
J JMT HOLDING AS	Ordinary shares	33	33 %
S SJURDERUD AS	Ordinary shares	33	33 %

Shares owned by the PIO INVEST AS

Name	Share class	Total number of shares	Share
K KOB EIENDOM AS	Ordinary shares	300,000	100 %
S SOCRATES EIENDOM AS	Ordinary shares	400	100 %
H HJORTEN AS	Ordinary shares	15	50 %
N NÆRINGSBANKEN ASA	NO0010801806	35,000	0.04 %

Last update: May 24, 2024

Group structure

PIO INVEST AS
Total operating income 2024: NOK 936,050
Operating profit 2024: NOK 590,881
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	936,050	1,219,926	1,353,858	4,992,806
Annual Total Result	-692,353	1,199,152	158,506	1,596,531
Total assets	19,971,472	20,570,838	19,973,714	18,656,480
Total liabilities	16,467,209	16,374,223	16,976,251	15,817,522
Total equity	3,504,263	4,196,616	2,997,464	2,838,958

P&L

Year	2024	2023	2022	2021
Total operating income	936,050	1,219,926	1,353,858	4,992,806
Total operating costs	345,169	563,496	443,820	2,375,410
Operating result	590,881	656,429	910,038	2,617,396
Financial income/costs	-1,282,381	460,877	-706,672	-495,424
Profit before tax	-691,500	1,117,306	203,366	2,121,972
Total tax & extraordinary income/cost	853	-81,846	44,860	525,441
Annual Total Result	-692,353	1,199,152	158,506	1,596,531

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	15,390,189	14,734,205	8,709,069	9,305,736
Total current assets	4,581,283	5,836,633	11,264,645	9,350,744
Total assets	19,971,472	20,570,838	19,973,714	18,656,480
Short term debt	44,122	39,968	156,694	1,366,418
Long term debt	16,423,087	16,334,255	16,819,557	14,451,104
Total liabilities	16,467,209	16,374,223	16,976,251	15,817,522
Contributed capital	130,644	130,644	130,644	130,644
Retained earnings	3,373,619	4,065,972	2,866,820	2,708,314
Total equity	3,504,263	4,196,616	2,997,464	2,838,958
Total equity and liabilities	19,971,472	20,570,838	19,973,714	18,656,480

Classification

Category

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

68.1

Main industrial group

Buying and selling of own real estate

68.10

Industrial group

Buying and selling of own real estate

68.100

Industrial group

Buying and selling of own real estate