TORVBYEN UTVIKLING AS
Operating
Creating cities full of life | Citycon
Citycon is the leading owner and developer of urban hubs in the Nordics and Baltics.
Kjøp, ledelse, forvaltning og utvikling av fast eiendom, herunder
deltagelse i andre selskaper og alt som står i forbindelse med det.
Kjøp, ledelse, forvaltning og utvikling av fast eiendom, herunder
deltagelse i andre selskap og alt som står i forbindelse med det.
Links
Organization
- Chairman of the board
- ASAnette Stillesby1983 
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 200
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 257,695
- NOK
- Annual total result 2024
- -243,672
- NOK
- Total equity 2024
- 1,962,046
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares | 
|---|---|---|
| Resigned | Contact Person | - | 
| HT | Board Member | - | 
| AS 1983 | Chairman | - | 
| Board Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Auditor | - | |
| Accountant | - | 
Last update: Nov 21, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 200 | 100 % | 
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -650,363Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 257,695 | 275,294 | 280,066 | 296,486 | 
| Annual Total Result | -243,672 | -422,507 | -252,423 | -469,414 | 
| Total assets | 12,240,818 | 12,273,652 | 12,245,376 | 12,082,446 | 
| Total liabilities | 10,278,772 | 10,311,203 | 10,282,616 | 10,119,470 | 
| Total equity | 1,962,046 | 1,962,448 | 1,962,759 | 1,962,976 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 257,695 | 275,294 | 280,066 | 296,486 | 
| Total operating costs | 24,741 | 269,064 | 81,536 | 667,970 | 
| Operating result | 232,954 | 6,230 | 198,531 | -371,484 | 
| Financial income/costs | -545,241 | -428,737 | -522,089 | -223,877 | 
| Profit before tax | -312,286 | -422,507 | -323,558 | -595,360 | 
| Total tax & extraordinary income/cost | -68,614 | 0 | -71,135 | -125,946 | 
| Annual Total Result | -243,672 | -422,507 | -252,423 | -469,414 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 6,862,003 | 6,867,121 | 6,872,245 | 6,877,373 | 
| Total current assets | 5,378,815 | 5,406,530 | 5,373,131 | 5,205,073 | 
| Total assets | 12,240,818 | 12,273,652 | 12,245,376 | 12,082,446 | 
| Short term debt | 278,772 | 311,203 | 282,616 | 119,470 | 
| Long term debt | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 
| Total liabilities | 10,278,772 | 10,311,203 | 10,282,616 | 10,119,470 | 
| Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 | 
| Retained earnings | 1,862,046 | 1,862,448 | 1,862,759 | 1,862,976 | 
| Total equity | 1,962,046 | 1,962,448 | 1,962,759 | 1,962,976 | 
| Total equity and liabilities | 12,240,818 | 12,273,652 | 12,245,376 | 12,082,446 | 
Classification
21st company classification
BETA
Industrial daughter company
Category
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
68.3
Main industrial group
Real estate activities on a fee or contract basis
68.32
Industrial group
Management of real estate on a fee or contract basis
68.320
Industrial group
Management of real estate on a fee or contract basis