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: Jun 14, 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
Category
Type of organization
Housing cooperative
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
68.201
Industrial group
House cooperative