GLS REAL ESTATE AS
Greenwich Land Securities – Greenwich Land Securites AS is a private investment company founded by Paal Hveem in 1997
Links
Organization
- Chairman of the board
- PH
Paal Hveem1953
- Years since formation
- 11 years
- since Jun 11, 2014
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 2,490
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Annual total result 2024
- -26,426,076
- NOK
- Total equity 2024
- 161,684,902
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
PH 1953 | Chairman, Contact Person | 10 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TS | - | 45 % indirectly |
| - | 45 % indirectly | |
PH 1953 | Chairman, Contact Person | 10 % indirectly |
Last update: Jan 19, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,490 | 100 % |
Shares owned by the GLS REAL ESTATE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 7,000 | 100 % | |
| Ordinary shares | 2,500 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 5,000 | 50 % | |
| Ordinary shares | 69,444 | 23.14 % | |
| A-shares | 26,935,658 | 8.13 % | |
| Ordinary shares | 1,758 | 4.66 % | |
| NO0010914641 | 675,818 | 1.28 % | |
| NO0010887086 | 1,756,219 | 0.35 % | |
| NO0012423542 | 80,488 | 0.16 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 4,832,215Operating profit 2024: NOK 2,320,692Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | -26,426,076 | 20,689,140 | 30,808,421 | 20,526,000 |
Total assets | 412,643,856 | 435,254,093 | 418,503,476 | 398,698,536 |
Total liabilities | 250,958,954 | 247,143,115 | 251,081,639 | 262,085,118 |
Total equity | 161,684,902 | 188,110,978 | 167,421,838 | 136,613,417 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 4,660,997 | 6,793,264 | 6,099,168 | 3,955,714 |
Operating result | -4,660,997 | -6,793,264 | -6,099,168 | -3,955,714 |
Financial income/costs | -22,966,722 | 27,505,766 | 41,003,148 | 30,958,108 |
Profit before tax | -27,627,719 | 20,712,502 | 34,903,980 | 27,002,394 |
Total tax & extraordinary income/cost | -1,201,643 | 23,362 | 4,095,559 | 6,476,394 |
Annual Total Result | -26,426,076 | 20,689,140 | 30,808,421 | 20,526,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 372,501,606 | 332,040,374 | 368,018,315 | 286,311,061 |
Total current assets | 40,142,250 | 103,213,719 | 50,485,161 | 112,387,475 |
Total assets | 412,643,856 | 435,254,093 | 418,503,476 | 398,698,536 |
Short term debt | 190,972,051 | 3,715,479 | 5,531,494 | 8,190,025 |
Long term debt | 59,986,903 | 243,427,636 | 245,550,145 | 253,895,094 |
Total liabilities | 250,958,954 | 247,143,115 | 251,081,639 | 262,085,118 |
Contributed capital | 126,552,402 | 126,552,402 | 126,552,402 | 126,552,402 |
Retained earnings | 35,132,500 | 61,558,576 | 40,869,436 | 10,061,015 |
Total equity | 161,684,902 | 188,110,978 | 167,421,838 | 136,613,417 |
Total equity and liabilities | 412,643,856 | 435,254,093 | 418,503,476 | 398,698,535 |
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