FREDRIKSTEN UTVIKLING AS • 880675222 • Halden • Construction of buildings

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/ Purchase and sale

FREDRIKSTEN UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO: MJ
Martin Johannes Grimsrud1965
Chairman of the board: PH
Pål Harald Kynningsrud1975
Years since formation: 26 years; since Apr 30, 1999
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 76,990; 1 share class
Total number of shareholders: 2; companies
Belongs to group of

Financials

Total operating income 2023: 120,000; NOK
Annual total result 2023: 935,452; NOK
Total equity 2023: 43,056,276; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
MJ Martin Johannes Grimsrud 1965	Managing Director/CEO	50 % indirectly

Board

Name	Role	Shares
PH Pål Harald Kynningsrud 1975	Chairman	17.37 % indirectly
LM Leif Michael Grimsrud 1997	Board Member	-
MJ Martin Johannes Grimsrud 1965	Board Member	50 % indirectly
HK Harald Kynningsrud 1949	Board Member	1.99 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-
S SIFFER ØKONOMI AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MJ Martin Johannes Grimsrud 1965	Managing Director/CEO, Board Member	50 % indirectly
PH Pål Harald Kynningsrud 1975	Chairman	17.37 % indirectly
LN Lars Nikolai Kynningsrud 1984	-	13.77 % indirectly
HK Harald Kynningsrud 1949	Board Member	1.99 % indirectly
EB Eva Beate Kynningsrud Dobbing 1972	-	1.6 % indirectly
HK Hilde Nomell Kynningsrud 1979	-	1.18 % indirectly
ME Mari Elisabeth Kynningsrud 1986	-	1.18 % indirectly
LK Laila Kynningsrud 1976	-	1.18 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
A ASAK EIENDOM AS	Ordinary shares	38,495	50 %
K KYNNINGSRUD EIENDOM AS	Ordinary shares	38,495	50 %

Shares owned by the FREDRIKSTEN UTVIKLING AS

Name	Share class	Number of shares	Share
S SVINESUNDPARKEN 7 AS	Ordinary shares	10	100 %
O OGAMO AS	Ordinary shares	9	9 %
S SVINESUNDPLATÅET 1 AS	Ordinary shares	27	9 %

Last update: May 24, 2024

Group structure

FREDRIKSTEN UTVIKLING AS
Total operating income 2023: NOK 120,000
Operating profit 2023: NOK 21,373
Employees: 0

Financials

in NOK

Summary

Year	2023	2022
Total operating income	120,000	280,000
Annual Total Result	935,452	14,420,181
Total assets	43,286,713	42,208,341
Total liabilities	230,437	87,517
Total equity	43,056,276	42,120,823

P&L

Year	2023	2022
Total operating income	120,000	280,000
Total operating costs	98,627	211,764
Operating result	21,373	68,236
Financial income/costs	914,079	14,351,945
Profit before tax	935,452	14,420,181
Total tax & extraordinary income/cost	0	0
Annual Total Result	935,452	14,420,181

Balance overview

Year	2023	2022
Total fixed assets	20,427,687	20,046,218
Total current assets	22,859,026	22,162,123
Total assets	43,286,713	42,208,341
Short term debt	230,437	87,517
Long term debt	0	0
Total liabilities	230,437	87,517
Contributed capital	38,495	38,495
Retained earnings	43,017,781	42,082,328
Total equity	43,056,276	42,120,823
Total equity and liabilities	43,286,713	42,208,341

Classification

Category

/ Purchase and sale

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

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.109

Industrial group

Other development and sale of real estate