MONGSTAD ADMINISTRASJON AS • 934999029 • Mongstad • Real estate activities

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Goods and trade

MONGSTAD ADMINISTRASJON AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: KS
Kjell Kallestad Stople1976
Chairman of the board: WW
William Wardman Wittusen1977
Years since formation: 29 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 12,524; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 102,341,995; NOK
Annual total result 2023: 58,504,361; NOK
Total equity 2023: 1,607,984,374; NOK

Last update: Nov 14, 2024

Management

Management / administration

Name	Role	Shares
KS Kjell Kallestad Stople 1976	Managing Director/CEO	-

Board

Name	Role	Shares
WW William Wardman Wittusen 1977	Chairman	-
KO Karl Otto Eidem 1972	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Last update: Nov 14, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
A ASSET BUYOUT PARTNERS AS	Ordinary shares	12,524	100 %

Shares owned by the MONGSTAD ADMINISTRASJON AS

Name	Share class	Number of shares	Share
I IMR PROPERTY AS	Ordinary shares	9,236	100 %
M MONGSTAD EIENDOMSSELSKAP AS	Ordinary shares	2,000	100 %
G GRUNNEVIKA EIENDOM AS	Ordinary shares	100	100 %

Last update: May 24, 2024

Group structure

ASSET BUYOUT PARTNERS INVEST AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -1,303,019
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	102,341,995	97,915,437	97,497,047
Annual Total Result	58,504,361	54,628,620	50,094,521
Total assets	1,693,462,089	1,744,833,427	1,694,455,017
Total liabilities	85,477,716	138,264,072	89,759,888
Total equity	1,607,984,374	1,606,569,356	1,604,695,128

P&L

Year	2023	2022	2021
Total operating income	102,341,995	97,915,437	97,497,047
Total operating costs	33,369,568	28,652,880	31,356,183
Operating result	68,972,427	69,262,557	66,140,865
Financial income/costs	6,033,558	774,137	-1,917,120
Profit before tax	75,005,985	70,036,693	64,223,744
Total tax & extraordinary income/cost	16,501,624	15,408,073	14,129,223
Annual Total Result	58,504,361	54,628,620	50,094,521

Balance overview

Year	2023	2022	2021
Total fixed assets	1,548,215,490	1,558,747,786	1,569,424,959
Total current assets	145,246,599	186,085,641	125,030,058
Total assets	1,693,462,089	1,744,833,427	1,694,455,017
Short term debt	85,477,716	138,264,072	89,759,888
Long term debt	0	0	0
Total liabilities	85,477,716	138,264,072	89,759,888
Contributed capital	1,307,071,685	1,307,071,685	1,307,071,685
Retained earnings	300,912,689	299,497,671	297,623,444
Total equity	1,607,984,374	1,606,569,356	1,604,695,128
Total equity and liabilities	1,693,462,089	1,744,833,427	1,694,455,017

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