ARVO INVEST AS

Organization

CEO: OD
Ole Dag Rustad1954
Chairman of the board: JH
Jesper Holte1955
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 3; persons
Belongs to group of

Financials

Total operating income 2024: 134,113,940; NOK
Annual total result 2024: 139,236,246; NOK
Total equity 2024: 899,819,435; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
OD Ole Dag Rustad 1954	Managing Director/CEO	34 % directly

Board

Name	Role	Shares
JH Jesper Holte 1955	Chairman	-
OD Ole Dag Rustad 1954	Board Member	34 % directly
EH Elisabeth Hammersbøen Rustad 1983	Board Member	33 % directly
MH Mona Hammersbøen Rustad 1986	Board Member	33 % directly
MV Magnus Vie Sundal 1986	Observer	-
IA Ivar Andreas Strompdal 1959	Observer	-
CE Carl Erik Haavaldsen 1951	Observer	-

Others

Name	Role	Shares
C CROWE PARTNER REVISJON AS	Auditor	-
F FORMUE ACCOUNTING AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
OD Ole Dag Rustad 1954	Managing Director/CEO, Board Member	34 % directly
EH Elisabeth Hammersbøen Rustad 1983	Board Member	33 % directly
MH Mona Hammersbøen Rustad 1986	Board Member	33 % directly

Last update: Mar 18, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
OD Ole Dag Rustad 1954	Ordinary shares	34	34 %
EH Elisabeth Hammersbøen Rustad 1983	Ordinary shares	33	33 %
MH Mona Hammersbøen Rustad 1986	Ordinary shares	33	33 %

Shares owned by the ARVO INVEST AS

Name	Share class	Total number of shares	Share
B BINGEN AS	Ordinary shares	44,000	100 %
P PAGNOTTO INVEST AS	Ordinary shares	250	100 %
R RICKO EIENDOM AS	Ordinary shares	1,000	100 %
R RAFA EIENDOM AS	Ordinary shares	1,000	100 %
M MMXL AS	Ordinary shares	100	100 %
T TYSK BOLIGEIENDOM AS	NO0010349038	53,990	89.98 %
G GJEDDA EIENDOM AS	Ordinary shares	75	75 %
R RS TROMMELSERVICE AS	Ordinary shares	1,500	50 %
K KONGSSENTERET HOLDING AS	Ordinary shares	300	30 %
F FREDERICIA LOGISTICS DENMARK II AS	Ordinary shares	3,000	30 %
A ALFARVEGEN 22 HOLDING AS	Ordinary shares	750	25 %
L LØRENSKOGVEIEN 75 HOLDING AS	Ordinary shares	150	15 %
T THEFACTORY NORWAY FUND I AS	Ordinary shares	20,000	12.85 %
F FAGERNES SENTER HOLDING AS	Ordinary shares	11,000	11 %
K KALBAKKEN UTVIKLING AS	A-shares	1,000	10 %
N NEDRE STORGATE EIENDOMSINVEST AS	Ordinary shares	750,000	10 %
F FLOTT FOND 1 AS	A-shares	187,500	9.42 %
N NJORD HANDY AS	Ordinary shares	9,303	9.3 %
N NORDIC ECOLIFT AS	Ordinary shares	5,490	7.34 %
N NJORD JULIE AS	Ordinary shares	240	6 %
V VESTHOLMEN AS	Ordinary shares	51,000	6 %
W WINTER MPP AS	Ordinary shares	56,000	5.6 %
P PALEO FUND AIF AS	Class B shares	15,000	5.21 %
A ATLANTICA SERVER AS	Ordinary shares	500	5 %
S SANDAKERVEIEN 64 HOLDING AS	Ordinary shares	4,250	5 %
O OSLO SENTRUM HOLDING AS	Ordinary shares	50	5 %
N NORWEGIAN PSV II AS	Ordinary shares	400	4 %
V VEGA PSV II AS	Ordinary shares	45,472	4 %
S SEAFOOD SOLUTIONS AS	Ordinary shares	5,500	3.48 %
F FELIPA AUERBACH AS	Ordinary shares	307	3.07 %
A ATLANTICA BAY AS	Ordinary shares	300	3 %
A ATLANTICA BREEZE AS	Ordinary shares	300	3 %
C CHEM TANK INVEST II AS	Ordinary shares	315	3 %
C CHEM TANK INVEST III AS	Ordinary shares	327	3 %
C CHEM TANK INVEST IV AS	Ordinary shares	264	3 %
C CHEM TANK INVEST XI AS	Ordinary shares	435	3 %
B BRIESE ECO HANDY AS	Ordinary shares	30,000	3 %
C CHEM TANK INVEST VII AS	Ordinary shares	420	3 %
D DBC EIENDOMSFOND AS	Ordinary shares	840,000	2.85 %
I INDYRIOT HOLDING AS	Ordinary shares	36,274	2.78 %
G GLOBAL PSV AS	Ordinary shares	270	2.7 %
R REQ REAL ESTATE FUND I AS	Ordinary shares	164,460	2.67 %
C CHEM TANK INVEST VI AS	Ordinary shares	175	2.5 %
A ATLANTICA SUPPLIER AS	NO0012708132	250	2.5 %
C CHEM TANK INVEST V AS	Ordinary shares	346	2.4 %
C CHEM TANK INVEST XIII AS	Ordinary shares	345	2.27 %
P PARTANKERS XI AS	Ordinary shares	2,332	2.13 %
P POLARIS EIENDOM AS	Ordinary shares	2,237,982	2.13 %
V VEITVET BYDELSSENTER INVEST AS	NO0010991979	28,200	2 %
P PARTANKERS XXII AS	Ordinary shares	200	2 %
D DEVIK PARK INVEST AS	NO0012639584	68,000	2 %
C CHEM TANK INVEST X AS	Ordinary shares	320	2 %
N NORWEGIAN PSV III AS	Ordinary shares	200	2 %
D DEEP VALUE DRILLER AS	NO0010955917	1,650,398	1.9 %
K KEEP-IT TECHNOLOGIES AS	NO0010597172	650,630	1.6 %
P PARTANKERS XXIX AS	Ordinary shares	150	1.5 %
C CONSIGLI AS	Ordinary shares	173	1.25 %
D DANLOG AS	Ordinary shares	2,223,078	1.05 %
S SELMER BULK AS	Ordinary shares	370,000	1 %
P PREMIUM MARITIME FUND AS	Ordinary shares	266,805	0.94 %
S SERODUS AS	NO0010549801	146,539	0.78 %
U UNION REAL ESTATE FUND IV HOLDING AS	A-shares	169,610	0.76 %
U UNION REAL ESTATE FUND HOLDING AS	Ordinary shares	2,298,110	0.74 %
P PRE DIAGNOSTICS AS	NO0010754757	2,500	0.58 %
U UNION REAL ESTATE FUND III HOLDING AS	Ordinary shares	222,535	0.54 %
P PHARMASUM THERAPEUTICS AS	Ordinary shares	17,250	0.54 %
O ONCOINVENT ASA	NO0010779341	493,340	0.53 %
E EMPRESS NORGE AS	Ordinary shares	580	0.5 %
X XXL AS	NO0013293142	97,076	0.39 %
G GENETIC ANALYSIS AS	NO0010692130	188,723	0.38 %
S SATS ASA	NO0010863285	500,000	0.24 %
E ELDORADO DRILLING AS	NO0012894650	4,437,143	0.13 %
O ODFJELL SE	NO0003399909	70,000	0.09 %
T TOMRA SYSTEMS ASA	NO0012470089	220,000	0.07 %
S SKIWO AS	Ordinary shares	131	0.06 %
0 00NATION AS	NO0010915275	12,500	0.06 %
T TREASURE ASA	NO0010763550	100,000	0.05 %
O ORKLA ASA	NO0003733800	460,003	0.05 %
V VICTORIA EIENDOM AS	NO0003041402	800	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	35,000	< 0.01 %
A AKER BP ASA	NO0010345853	45,000	< 0.01 %

Last update: Jun 2, 2025

Group structure

ARVO INVEST AS
Total operating income 2024: NOK 134,113,940
Operating profit 2024: NOK 127,978,578
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	134,113,940	142,266,243	109,692,296	64,658,561
Annual Total Result	139,236,246	135,972,545	214,006,398	65,822,939
Total assets	939,747,712	900,377,403	775,234,906	597,050,855
Total liabilities	39,928,276	119,794,215	106,624,261	142,446,612
Total equity	899,819,435	780,583,188	668,610,644	454,604,244

P&L

Year	2024	2023	2022	2021
Total operating income	134,113,940	142,266,243	109,692,296	64,658,561
Total operating costs	6,135,362	5,799,505	2,457,824	2,714,243
Operating result	127,978,578	136,466,738	107,234,472	61,944,317
Financial income/costs	15,745,368	10,276,324	120,445,959	4,196,803
Profit before tax	143,723,946	146,743,062	227,680,431	66,141,121
Total tax & extraordinary income/cost	4,487,700	10,770,517	13,674,033	318,182
Annual Total Result	139,236,246	135,972,545	214,006,398	65,822,939

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	80,349,451	75,806,782	117,125,530	178,048,456
Total current assets	859,398,261	824,570,621	658,109,376	419,002,399
Total assets	939,747,712	900,377,403	775,234,906	597,050,855
Short term debt	33,597,519	38,724,619	10,192,804	40,740,067
Long term debt	6,330,757	81,069,596	96,431,457	101,706,545
Total liabilities	39,928,276	119,794,215	106,624,261	142,446,612
Contributed capital	23,338,800	23,338,800	23,338,800	23,338,800
Retained earnings	876,480,635	757,244,388	645,271,844	431,265,444
Total equity	899,819,435	780,583,188	668,610,644	454,604,244
Total equity and liabilities	939,747,711	900,377,403	775,234,905	597,050,855

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

ARVO INVEST AS918 510 265

ARVO INVEST AS

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the ARVO INVEST AS

Group structure

Financials

Summary

P&L

Balance overview

Classification