ODFJELL LAND AS • 987521783 • Kokstad • Real estate activities

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Goods and trade

ODFJELL LAND AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: FH
Frode Carlleif Hoff1965
Chairman of the board: KG
Kjetil Grønskag1964
Years since formation: 20 years; since Nov 23, 2004
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 11,678; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2023: 2,520,000; NOK
Annual total result 2023: 4,707,682; NOK
Total equity 2023: 495,797,392; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
FH Frode Carlleif Hoff 1965	Managing Director/CEO	-

Board

Name	Role	Shares
KG Kjetil Grønskag 1964	Chairman	-

Others

Name	Role	Shares
F FORVIS MAZARS AS	Auditor	-
C COMPLÉR ACCOUNTING AS	Accountant	-

Last update: Dec 7, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
TL Trinity Fiduciary Limited	Ordinary shares	11,678	100 %

Shares owned by the ODFJELL LAND AS

Name	Share class	Number of shares	Share
K KOKSTADFLATEN UTLEIE AS	Ordinary shares	3,792,500	92.5 %
K KOKSTADFLATEN 47 AS	Ordinary shares	777,000	92.5 %
R RUNDEHAUGEN AS	Ordinary shares	27,750	92.5 %
K KFN 2 AS	Ordinary shares	27,750	92.5 %
K KFN 1 AS	Ordinary shares	27,750	92.5 %
G GERDT MEYER BRUUN AS	Ordinary shares	555	92.5 %
G GMB UTVIKLING AS	Ordinary shares	92,500	92.5 %
K KOKSTADFLATEN UTVIKLING AS	Ordinary shares	1,819,012	92.5 %
K KOKSTADFLATEN EIENDOMSINVEST AS	Ordinary shares	8,676,500	33.5 %
R ROSENBORGGÅRDEN AS	Ordinary shares	249,708	19.48 %
O ODFJELL OCEANWIND AS	Ordinary shares	4,672	19.01 %
B BIOFISH HOLDING AS	NO0010955198	8,734,686	9.89 %
H HEIMDALL POWER AS	NO0010969801	180,420	0.79 %
T TURNSTONE PRIVATE EQUITY FUND I AS	A-shares	42,445	0.65 %
P PRONOFA ASA	NO0010950264	110,441	0.16 %
B BEERENBERG AS	NO0013017574	25,000	0.1 %

Last update: May 24, 2024

Group structure

ODFJELL LAND AS
Total operating income 2023: NOK 2,520,000
Operating profit 2023: NOK -3,911,674
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	2,520,000	2,546,150	2,200,068
Annual Total Result	4,707,682	7,162,294	19,243,789
Total assets	577,270,969	573,386,941	597,025,000
Total liabilities	81,473,577	82,297,232	113,097,585
Total equity	495,797,392	491,089,709	483,927,415

P&L

Year	2023	2022	2021
Total operating income	2,520,000	2,546,150	2,200,068
Total operating costs	6,431,674	6,472,203	6,209,269
Operating result	-3,911,674	-3,926,053	-4,009,201
Financial income/costs	11,620,344	12,809,661	24,493,979
Profit before tax	7,708,670	8,883,608	20,484,778
Total tax & extraordinary income/cost	3,000,988	1,721,314	1,240,989
Annual Total Result	4,707,682	7,162,294	19,243,789

Balance overview

Year	2023	2022	2021
Total fixed assets	278,756,370	366,538,308	441,648,623
Total current assets	298,514,599	206,848,633	155,376,377
Total assets	577,270,969	573,386,941	597,025,000
Short term debt	21,766,322	19,356,454	11,698,388
Long term debt	119,414,510	62,940,778	101,399,197
Total liabilities	81,473,577	82,297,232	113,097,585
Contributed capital	11,681,200	11,681,200	11,681,200
Retained earnings	484,116,192	479,408,509	472,246,215
Total equity	495,797,392	491,089,709	483,927,415
Total equity and liabilities	577,270,969	573,386,941	597,025,000

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