FOLKESTAD EIENDOMSUTVIKLING AS
Organization
- CEO
- LB
Lars Borgestrand1977
- Chairman of the board
- LB
Lars Borgestrand1977
- Years since formation
- 19 years
- since Nov 13, 2006
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -783,328
- NOK
- Total equity 2024
- -829,136
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LB 1977 | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TS 1964 | Board Member | 50 % indirectly |
LB 1977 | Chairman | 50 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS 1964 | Board Member | 50 % indirectly |
LB 1977 | Managing Director/CEO, Chairman | 50 % indirectly |
Last update: Feb 4, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -12,918Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 75,001 | 82,500 |
Annual Total Result | -783,328 | -304,625 | -382,427 | -146,748 |
Total assets | 12,147,243 | 9,479,451 | 6,647,495 | 4,931,902 |
Total liabilities | 12,976,379 | 9,525,260 | 6,388,678 | 5,470,487 |
Total equity | -829,136 | -45,808 | 258,816 | -538,585 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 75,001 | 82,500 |
Total operating costs | 67,746 | 72,966 | 252,339 | 53,820 |
Operating result | -67,746 | -72,966 | -177,338 | 28,680 |
Financial income/costs | -715,581 | -231,659 | -205,089 | -175,428 |
Profit before tax | -783,328 | -304,625 | -382,427 | -146,748 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -783,328 | -304,625 | -382,427 | -146,748 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 2,230,592 |
Total current assets | 12,147,243 | 9,479,451 | 6,647,495 | 2,701,310 |
Total assets | 12,147,243 | 9,479,451 | 6,647,495 | 4,931,902 |
Short term debt | 563,140 | 347,587 | 111,096 | 24,523 |
Long term debt | 12,413,239 | 9,177,673 | 6,277,582 | 5,445,964 |
Total liabilities | 12,976,379 | 9,525,260 | 6,388,678 | 5,470,487 |
Contributed capital | 38,000 | 38,000 | 38,000 | 83,280 |
Retained earnings | -867,136 | -83,808 | 220,816 | -621,865 |
Total equity | -829,136 | -45,808 | 258,816 | -538,585 |
Total equity and liabilities | 12,147,243 | 9,479,451 | 6,647,495 | 4,931,902 |
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