AVENUE INVEST AS • 935438896 • Rud • Real estate activities

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Goods and trade

AVENUE INVEST AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: TK
Tore Kjell Drangsland1948
Chairman of the board: TI
Tom Islann1952
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 7,122; 1 share class
Total number of shareholders: 4; persons
Belongs to group of

Financials

Annual total result 2023: -174,741,716; NOK
Total equity 2023: 52,709,834; NOK

Last update: Sep 7, 2024

Management

Management / administration

Name	Role	Shares
TK Tore Kjell Drangsland 1948	Managing Director/CEO	10.04 % directly

Board

Name	Role	Shares
TE Tor Erik Drangsland 1977	Board Member	42.47 % directly
PA Per Arne Drangsland 1980	Board Member	42.47 % directly
TK Tore Kjell Drangsland 1948	Board Member	10.04 % directly
TI Tom Islann 1952	Chairman	5.01 % directly
CV Christian Viggo Berthelsen 1971	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
C CLEVER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
TE Tor Erik Drangsland 1977	Board Member	42.47 % directly
PA Per Arne Drangsland 1980	Board Member	42.47 % directly
TK Tore Kjell Drangsland 1948	Managing Director/CEO, Board Member	10.04 % directly
TI Tom Islann 1952	Chairman	5.01 % directly

Last update: Apr 24, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
PA Per Arne Drangsland 1980	Ordinary shares	3,025	42.47 %
TE Tor Erik Drangsland 1977	Ordinary shares	3,025	42.47 %
TK Tore Kjell Drangsland 1948	Ordinary shares	715	10.04 %
TI Tom Islann 1952	Ordinary shares	357	5.01 %

Shares owned by the AVENUE INVEST AS

Name	Share class	Number of shares	Share
A AVENUE BRASIL AS	Ordinary shares	378,000	100 %
S SAPATOS AS	Ordinary shares	102,369	97 %
H HAMREVANN INVEST AS	Ordinary shares	3,330,160	77.81 %
M MULTI VISION PROSJEKT AS	Ordinary shares	1,200	60 %
K KINGDOM INVESTMENT AS	Ordinary shares	51,000	51 %
H HAMREVANNÅSEN AS	Ordinary shares	777,777	2.33 %

Last update: May 24, 2024

Group structure

AVENUE INVEST AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -397,908
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	10,005,500	3,631
Annual Total Result	-174,741,716	8,470,833	-580,330
Total assets	136,611,299	302,623,482	296,458,849
Total liabilities	83,901,465	75,171,932	77,478,131
Total equity	52,709,834	227,451,550	218,980,717

P&L

Year	2023	2022	2021
Total operating income	0	10,005,500	3,631
Total operating costs	397,908	515,774	128,803
Operating result	-397,908	9,489,726	-125,172
Financial income/costs	-174,343,808	-1,018,893	-455,158
Profit before tax	-174,741,716	8,470,833	-580,330
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-174,741,716	8,470,833	-580,330

Balance overview

Year	2023	2022	2021
Total fixed assets	136,563,643	296,983,321	293,916,961
Total current assets	47,656	5,640,162	2,541,888
Total assets	136,611,299	302,623,482	296,458,849
Short term debt	29,657,232	18,713,400	17,524,600
Long term debt	54,244,233	56,458,532	59,953,532
Total liabilities	83,901,465	75,171,932	77,478,131
Contributed capital	6,124,920	6,124,920	6,124,920
Retained earnings	46,584,914	221,326,630	212,855,797
Total equity	52,709,834	227,451,550	218,980,717
Total equity and liabilities	136,611,299	302,623,482	296,458,849

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