PUBLIC PROPERTY SUB-HOLDING 1 AS • 923641238 • Oslo • Real estate activities

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Goods and trade

PUBLIC PROPERTY SUB-HOLDING 1 AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: IB
Ilija Batljan1967
Years since formation: 5 years; since Oct 21, 2019
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Annual total result 2023: -18,121,836; NOK
Total equity 2023: 294,390,607; NOK

Last update: Oct 25, 2024

Management

Board

Name	Role	Shares
A ARCTIC REAL ESTATE MANAGEMENT AS	Business Manager	-
GY Gerd Ylva Göransson 1974	Board Member	-
IB Ilija Batljan 1967	Chairman	-
AG Andre Gaden 1979	Board Member	-
EM Eva Marianne Aalby 1965	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A ARCTIC REAL ESTATE MANAGEMENT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KB Kenneth Frode Goovaerts Bern 1960	-	4.55 % indirectly

Last update: Aug 23, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
P PUBLIC PROPERTY HOLDING AS	Ordinary shares	1	100 %

Shares owned by the PUBLIC PROPERTY SUB-HOLDING 1 AS

Name	Share class	Number of shares	Share
B BROCHSGATE 3 AS	Ordinary shares	1	100 %
G GUNNAR NILSENS GATE 25 AS	Ordinary shares	1	100 %
P PRINS CHR. AUGUSTS PL. AS	Ordinary shares	1	100 %
S STATLIGE BYGG AS	Ordinary shares	100	100 %
O OFFENTLIGE BYGG NAMSOS AS	Ordinary shares	1,000	100 %
F FJØREVEGEN 20 AS	Ordinary shares	30,000	100 %
N NJØSAVEGEN 2 AS	Ordinary shares	30,000	100 %
O OTERVEGEN 23 AS	Ordinary shares	30,000	100 %
S SØEBERGKVARTALET HOLDING AS	Ordinary shares	3,000	100 %
S STATLIGE BYGG II AS	Ordinary shares	100	100 %
R RØYNEBERGSLETTA I HOLDING AS	Ordinary shares	30,000	100 %

Last update: May 24, 2024

Group structure

PUBLIC PROPERTY INVEST ASA
Total operating income 2023: NOK 0
Operating profit 2023: NOK -11,838,944
Employees: 20

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	0
Annual Total Result	-18,121,836	-127,805,763	6,671,357
Total assets	1,472,273,283	1,510,129,649	1,711,823,471
Total liabilities	1,177,882,676	1,170,892,700	1,140,089,149
Total equity	294,390,607	339,236,950	571,734,322

P&L

Year	2023	2022	2021
Total operating income	0	0	0
Total operating costs	4,403,388	4,254,069	3,414,922
Operating result	-4,403,388	-4,254,069	-3,414,922
Financial income/costs	-21,501,965	-119,502,906	11,966,405
Profit before tax	-25,905,353	-123,756,975	8,551,483
Total tax & extraordinary income/cost	-7,783,517	4,048,788	1,880,126
Annual Total Result	-18,121,836	-127,805,763	6,671,357

Balance overview

Year	2023	2022	2021
Total fixed assets	1,368,125,181	1,412,110,066	1,615,313,031
Total current assets	104,148,102	98,019,583	96,510,440
Total assets	1,472,273,283	1,510,129,649	1,711,823,471
Short term debt	50,927,957	48,633,050	55,673,283
Long term debt	1,126,954,720	1,122,259,650	1,084,415,866
Total liabilities	1,177,882,676	1,170,892,700	1,140,089,149
Contributed capital	444,500,000	479,500,000	579,500,000
Retained earnings	-150,109,393	-140,263,050	-7,765,678
Total equity	294,390,607	339,236,950	571,734,322
Total equity and liabilities	1,472,273,283	1,510,129,649	1,711,823,471

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