SØRSIDEN BORETTSLAG
Newsec - a service company in real estate and beyond
Newsec, a service company in real estate and beyond, offers investors, property owners and tenants a full range of services within the five business areas Property Asset Management, Advisory, Investment Management, Energy Transition and Digital Accelerator. The company was founded in 1994 and today employs some 2 600 people spread across the seven Nordic and Baltic markets.
Read more on www.newsec.com
Organization
- Chairman of the board
- Years since formation
- 21 years
- since Aug 7, 2004
- Type
- Housing cooperative
- VAT registered
- No
- Number of employees
- 0
Financials
- Total operating income 2024
- 1,313,524
- NOK
- Annual total result 2024
- 229,124
- NOK
- Total equity 2024
- 2,866,463
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
| Business Manager | - | |
| Chairman | - | |
TB 1966 | Board Member | - |
SH | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Last update: Apr 13, 2023
Ownership
No available data
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,313,524 | 1,273,516 | 1,254,195 | 1,177,272 |
Annual Total Result | 229,124 | 442,072 | 451,073 | 193,430 |
Total assets | 19,447,778 | 19,596,270 | 19,406,497 | 19,256,185 |
Total liabilities | 16,581,315 | 16,958,931 | 11,101,230 | 11,401,991 |
Total equity | 2,866,463 | 2,637,339 | 8,305,267 | 7,854,194 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,313,524 | 1,273,516 | 1,254,195 | 1,177,272 |
Total operating costs | 742,254 | 474,644 | 431,368 | 580,617 |
Operating result | 571,270 | 798,872 | 822,828 | 596,655 |
Financial income/costs | -342,146 | -356,800 | -371,755 | -403,224 |
Profit before tax | 229,124 | 442,072 | 451,073 | 193,430 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | 229,124 | 442,072 | 451,073 | 193,430 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 19,210,000 | 19,210,000 | 19,210,000 | 19,210,000 |
Total current assets | 237,778 | 386,270 | 196,497 | 46,185 |
Total assets | 19,447,778 | 19,596,270 | 19,406,497 | 19,256,185 |
Short term debt | 50,609 | 138,872 | 95,671 | 110,885 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 16,581,315 | 16,958,931 | 11,101,230 | 11,401,991 |
Contributed capital | 14,000 | 14,000 | 6,124,000 | 6,124,000 |
Retained earnings | 2,852,463 | 2,623,339 | 2,181,267 | 1,730,194 |
Total equity | 2,866,463 | 2,637,339 | 8,305,267 | 7,854,194 |
Total equity and liabilities | 19,447,778 | 19,596,270 | 19,406,497 | 19,256,185 |
Classification
Type of organization
Housing cooperative