BULGARIA PROPERTY FUND AS
Organization
- CEO
- KH
Kjell Hetland1957
- Chairman of the board
- KH
Kjell Hetland1957
- Years since formation
- 20 years
- since Oct 19, 2005
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 20,140,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -835,810
- NOK
- Total equity 2024
- 1,241,810
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KH 1957 | Managing Director/CEO | 100 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
KH 1957 | Chairman | 100 % indirectly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KH 1957 | Managing Director/CEO, Chairman | 100 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 20,140,000 | 100 % |
Shares owned by the BULGARIA PROPERTY FUND AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1 | 5 % | |
| Ordinary shares | 170,325 | 4.5 % | |
| NO0010708068 | 123,205 | 0.04 % | |
| NO0010816093 | 127,000 | 0.02 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,548,107Operating profit 2024: NOK 422,970Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -835,810 | 781,396 | 114,578 | -178,357 |
Total assets | 4,652,912 | 4,658,131 | 1,392,119 | 403,725 |
Total liabilities | 3,411,102 | 2,580,511 | 450,000 | 5,184 |
Total equity | 1,241,810 | 2,077,620 | 942,119 | 398,541 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 15,675 | 7,103 | 66,784 | 70,028 |
Operating result | -15,675 | -7,103 | -66,784 | -70,028 |
Financial income/costs | -810,862 | 819,264 | -70,280 | -108,329 |
Profit before tax | -826,538 | 812,162 | -137,064 | -178,357 |
Total tax & extraordinary income/cost | 9,272 | 30,766 | -251,642 | 0 |
Annual Total Result | -835,810 | 781,396 | 114,578 | -178,357 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 21,056 | 21,056 | 151,698 | 21,056 |
Total current assets | 4,631,856 | 4,637,075 | 1,240,421 | 382,669 |
Total assets | 4,652,912 | 4,658,131 | 1,392,119 | 403,725 |
Short term debt | 3,411,102 | 2,580,511 | 0 | 5,184 |
Long term debt | 0 | 0 | 450,000 | 0 |
Total liabilities | 3,411,102 | 2,580,511 | 450,000 | 5,184 |
Contributed capital | 2,764,000 | 2,764,000 | 2,764,000 | 2,764,000 |
Retained earnings | -1,522,190 | -686,380 | -1,821,881 | -2,365,459 |
Total equity | 1,241,810 | 2,077,620 | 942,119 | 398,541 |
Total equity and liabilities | 4,652,912 | 4,658,131 | 1,392,119 | 403,725 |
Classification
Type of organization
Limited company