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M

MASIV AS987 521 791

Real Estate
Limited company
Nordveien 2 4331 ÅLGÅRD, Norge

MASIV AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

Chairman of the board
Years since formation
20 years
since Nov 29, 2004
Type
Limited company
VAT registered
Yes
Number of employees
5

Ownership

Number of shares and share classes
100
2 share classes
Total number of shareholders
3
companies
Belongs to group of

Financials

Total operating income 2023
1,100,550
NOK
Annual total result 2023
3,960,412
NOK
Total equity 2023
121,039,426
NOK
Last update: Aug 29, 2024

Management

Board

NameRoleShares
Chairman
20 %
indirectly
Board Member
20 %
indirectly
Board Member
30 %
indirectly
Board Member
30 %
indirectly

Others

NameRoleShares
B
BDO AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Board Member
30 %
indirectly
Board Member
30 %
indirectly
Chairman
20 %
indirectly
Board Member
20 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
S
SIVMA INVEST AS
A-shares
40
40 %
A
ADIA INVEST AS
Class B shares
30
30 %
C
CEFI INVEST AS
Class B shares
30
30 %

Shares owned by the MASIV AS

NameShare classNumber of sharesShare
M
MASIV BYGG AS
Ordinary shares
2,600
100 %
M
MASIV EIENDOM AS
Ordinary shares
500
100 %
S
STOLT PROSJEKT AS
Ordinary shares
6,600
60 %
M
MOTORCENTER NORWAY AS
Ordinary shares
1,167
7.42 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 1,100,550
    Operating profit 2023: NOK -8,578,716
    Employees: 5

Financials

in NOK

Summary

Year202320222021
Total operating income
1,100,550
645,000
625,000
Annual Total Result
3,960,412
2,548,981
-5,425,703
Total assets
331,226,371
305,549,663
316,873,761
Total liabilities
210,186,945
184,470,650
191,343,729
Total equity
121,039,426
121,079,014
125,530,033

P&L

Year202320222021
Total operating income
1,100,550
645,000
625,000
Total operating costs
9,679,266
8,176,896
5,771,247
Operating result
-8,578,716
-7,531,896
-5,146,247
Financial income/costs
12,348,227
7,704,606
-1,799,149
Profit before tax
3,769,511
172,710
-6,945,396
Total tax & extraordinary income/cost
-190,901
-2,376,271
-1,519,693
Annual Total Result
3,960,412
2,548,981
-5,425,703

Balance overview

Year202320222021
Total fixed assets
225,391,805
232,853,986
239,446,316
Total current assets
105,834,565
72,695,678
77,427,445
Total assets
331,226,371
305,549,663
316,873,761
Short term debt
155,186,945
180,303,990
183,010,401
Long term debt
55,000,000
4,166,660
8,333,328
Total liabilities
210,186,945
184,470,650
191,343,729
Contributed capital
185,400
185,400
185,400
Retained earnings
120,854,026
120,893,614
125,344,633
Total equity
121,039,426
121,079,014
125,530,033
Total equity and liabilities
331,226,371
305,549,664
316,873,762

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
Standard industrial classification
L
Main industrial area
Real estate activities
68
Activity
Real estate activities
68.1
Main industrial group
Buying and selling of own real estate
68.10
Industrial group
Buying and selling of own real estate
68.100
Industrial group
Buying and selling of own real estate