PROPERTY1 AS
Organization
- Chairman of the board
- MB
Michael Borge1962
- Years since formation
- 6 years
- since Aug 9, 2019
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -12,769
- NOK
- Total equity 2024
- 126,311
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
MB 1962 | Chairman | 21.63 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
NB | - | 39.19 % indirectly |
MB 1997 | - | 39.19 % indirectly |
MB 1962 | Chairman | 21.63 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -2,846,539Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 221,494 |
Annual Total Result | -12,769 | -15,021 | -31,893 | 183,541 |
Total assets | 9,291,347 | 9,319,123 | 9,319,137 | 9,410,324 |
Total liabilities | 9,165,036 | 9,180,042 | 9,165,036 | 9,224,330 |
Total equity | 126,311 | 139,081 | 154,101 | 185,994 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 221,494 |
Total operating costs | 12,769 | 15,495 | 32,746 | 17,049 |
Operating result | -12,769 | -15,495 | -32,746 | 204,445 |
Financial income/costs | 0 | 474 | 853 | 23,094 |
Profit before tax | -12,769 | -15,021 | -31,893 | 227,539 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 43,998 |
Annual Total Result | -12,769 | -15,021 | -31,893 | 183,541 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 9,221,996 | 9,221,996 | 9,221,996 | 9,221,996 |
Total current assets | 69,351 | 97,127 | 97,141 | 188,328 |
Total assets | 9,291,347 | 9,319,123 | 9,319,137 | 9,410,324 |
Short term debt | 15,036 | 30,042 | 15,036 | 74,330 |
Long term debt | 9,150,000 | 9,150,000 | 9,150,000 | 9,150,000 |
Total liabilities | 9,165,036 | 9,180,042 | 9,165,036 | 9,224,330 |
Contributed capital | 24,430 | 24,430 | 24,430 | 24,430 |
Retained earnings | 101,881 | 114,651 | 129,671 | 161,564 |
Total equity | 126,311 | 139,081 | 154,101 | 185,994 |
Total equity and liabilities | 9,291,347 | 9,319,123 | 9,319,137 | 9,410,324 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises