FRANK UTVIKLING AS • 915692494 • Drøbak • Construction of buildings

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/ Purchase and sale

FRANK UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO: SS
Sindre Sandberg1975
Chairman of the board: BK
Birger Kristiansen1983
Years since formation: 9 years; since Jul 22, 2015
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 232,735; NOK
Annual total result 2023: -629,307; NOK
Total equity 2023: 13,062,087; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
SS Sindre Sandberg 1975	Managing Director/CEO	27.41 % indirectly

Board

Name	Role	Shares
BK Birger Kristiansen 1983	Chairman	2.91 % indirectly

Others

Name	Role	Shares
V VEKST REVISJON AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
SS Sindre Sandberg 1975	Managing Director/CEO	27.41 % indirectly
PB Per-Oddvar Baltzersen 1962	-	24.5 % indirectly
FK Frank Kristiansen 1947	-	7.65 % indirectly
MK Merethe Kristiansen 1987	-	2.91 % indirectly
TM Tonje Kristiansen Marken 1971	-	2.91 % indirectly
TK Trine Franksdatter Kristiansen 1990	-	2.91 % indirectly
SL Snorre Bjerkestrand Løvstad 1980	-	2.91 % indirectly
SK Ståle Klommestein 1976	-	2.91 % indirectly
LK Lise Bakken Klommestein 1990	-	2.91 % indirectly
GK Gry Kristin Kristiansen 1973	-	2.91 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
F FRANK EIENDOM AS	Ordinary shares	510	51 %
F FRANK KRISTIANSEN AS	Ordinary shares	490	49 %

Shares owned by the FRANK UTVIKLING AS

Name	Share class	Number of shares	Share
S SOLVEIEN 16 AS	Ordinary shares	1,000	100 %
S STRANDVEIEN 103 AS	Ordinary shares	500	50 %

Last update: May 24, 2024

Group structure

FRANK EIENDOM AS
Total operating income 2023: NOK 1,757,374
Operating profit 2023: NOK -1,777,939
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	232,735	12,218,820	23,475,750
Annual Total Result	-629,307	627,698	5,240,932
Total assets	32,556,999	30,550,076	37,410,960
Total liabilities	19,494,912	16,932,397	24,190,979
Total equity	13,062,087	13,617,679	13,219,980

P&L

Year	2023	2022	2021
Total operating income	232,735	12,218,820	23,475,750
Total operating costs	143,737	10,698,804	16,026,849
Operating result	88,998	1,520,016	7,448,901
Financial income/costs	-895,802	-706,332	-717,909
Profit before tax	-806,804	813,683	6,730,992
Total tax & extraordinary income/cost	-177,497	185,985	1,490,060
Annual Total Result	-629,307	627,698	5,240,932

Balance overview

Year	2023	2022	2021
Total fixed assets	30,130,104	29,082,241	28,942,724
Total current assets	2,426,895	1,467,835	8,468,236
Total assets	32,556,999	30,550,076	37,410,960
Short term debt	1,980,197	432,682	10,717,242
Long term debt	17,514,715	16,499,715	13,473,737
Total liabilities	19,494,912	16,932,397	24,190,979
Contributed capital	100,000	100,000	100,000
Retained earnings	12,962,087	13,517,679	13,119,980
Total equity	13,062,087	13,617,679	13,219,980
Total equity and liabilities	32,556,999	30,550,076	37,410,960

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