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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
21 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 2024
747,500
NOK
Annual total result 2024
-5,177,799
NOK
Total equity 2024
115,861,627
NOK
Last update: Jul 21, 2025

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 classTotal number 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 classTotal number of sharesShare
M
MASIV EIENDOM AS
Ordinary shares
500
100 %
M
MASIV BYGG AS
Ordinary shares
2,600
100 %
S
STOLT PROSJEKT AS
Ordinary shares
6,600
60 %
M
MOTORCENTER NORWAY AS
Ordinary shares
1,167
7.42 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 747,500
    Operating profit 2024: NOK -8,407,001
    Employees: 5

Financials

in NOK

Summary

Year2024202320222021
Total operating income
747,500
1,100,550
645,000
625,000
Annual Total Result
-5,177,799
3,960,412
2,548,981
-5,425,703
Total assets
419,082,067
331,226,371
305,549,663
316,873,761
Total liabilities
303,220,440
210,186,945
184,470,650
191,343,729
Total equity
115,861,627
121,039,426
121,079,014
125,530,033

P&L

Year2024202320222021
Total operating income
747,500
1,100,550
645,000
625,000
Total operating costs
9,154,501
9,679,266
8,176,896
5,771,247
Operating result
-8,407,001
-8,578,716
-7,531,896
-5,146,247
Financial income/costs
-658,212
12,348,227
7,704,606
-1,799,149
Profit before tax
-9,065,213
3,769,511
172,710
-6,945,396
Total tax & extraordinary income/cost
-3,887,414
-190,901
-2,376,271
-1,519,693
Annual Total Result
-5,177,799
3,960,412
2,548,981
-5,425,703

Balance overview

Year2024202320222021
Total fixed assets
229,045,088
225,391,805
232,853,986
239,446,316
Total current assets
190,036,979
105,834,565
72,695,678
77,427,445
Total assets
419,082,067
331,226,371
305,549,663
316,873,761
Short term debt
173,270,440
155,186,945
180,303,990
183,010,401
Long term debt
129,950,000
55,000,000
4,166,660
8,333,328
Total liabilities
303,220,440
210,186,945
184,470,650
191,343,729
Contributed capital
185,400
185,400
185,400
185,400
Retained earnings
115,676,227
120,854,026
120,893,614
125,344,633
Total equity
115,861,627
121,039,426
121,079,014
125,530,033
Total equity and liabilities
419,082,067
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