HETLANDS GECCO MANAGEMENT AS • 988771074 • Oslo • Real estate activities

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Goods and trade

/ 68.209 Other letting of real estate

HETLANDS GECCO MANAGEMENT AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: KH
Kjell Hetland1957
Chairman of the board: KH
Kjell Hetland1957
Years since formation: 20 years; since Oct 22, 2005
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 23,762; 2 share classes
Total number of shareholders: 2; persons
Belongs to group of

Financials

Total operating income 2024: 1,548,107; NOK
Annual total result 2024: -59,133; NOK
Total equity 2024: 53,061,117; NOK

Last update: Jun 5, 2025

Management

Management / administration

Name	Role	Shares
KH Kjell Hetland 1957	Managing Director/CEO	100 % directly

Board

Name	Role	Shares
KH Kjell Hetland 1957	Chairman	100 % directly
MM Mette Marie Ørnung Hetland 1957	Board Member	-
MØ Micaela Ørnung Hetland 1993	Board Member	-
NØ Nicolai Ørnung Hetland 1997	Board Member	-

Others

Name	Role	Shares
M MOORE AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
KH Kjell Hetland 1957	Managing Director/CEO, Chairman	100 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
KH Kjell Hetland 1957	Class B shares	21,386	90 %
KH Kjell Hetland 1957	A-shares	2,376	10 %

Shares owned by the HETLANDS GECCO MANAGEMENT AS

Name	Share class	Total number of shares	Share
H HETLAND NÆRING AS	Ordinary shares	1,000	100 %
H HETLAND NÆRING II AS	Ordinary shares	8,000	100 %
H HETLAND GODTHAAB AS	Ordinary shares	300	100 %
C CORNICHE AS	Ordinary shares	34,000	100 %
B BULGARIA PROPERTY FUND AS	Ordinary shares	20,140,000	100 %
B BYALA AS	Ordinary shares	782,500	100 %
H HETLANDS CAPITAL AS	Ordinary shares	2,000	100 %
Ø ØSTFOLDBYGG INVEST AS	A-shares	10,000	100 %
S STAVANGER PROPERTY INVEST AS	Ordinary shares	1,980	9 %
A AS Fewcome	Ordinary shares	1,000	3.7 %
N NORDIC BENEFITS AS	NO0011161622	248,400	3.4 %
L LUDO GROUP AS	NO0010599392	300,000	0.2 %
N NYKODE THERAPEUTICS ASA	NO0010714785	10,000	< 0.01 %
S SAGA PURE ASA	NO0010572589	4,119	< 0.01 %

Last update: Jun 2, 2025

Group structure

HETLANDS GECCO MANAGEMENT AS
Total operating income 2024: NOK 1,548,107
Operating profit 2024: NOK 422,970
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	1,548,107	6,409,587	1,391,792	862,304
Annual Total Result	-59,133	4,497,789	2,676,786	2,279,148
Total assets	54,699,857	54,921,074	49,988,277	48,673,785
Total liabilities	1,638,740	1,800,825	1,365,818	2,431,501
Total equity	53,061,117	53,120,250	48,622,459	46,242,284

P&L

Year	2024	2023	2022	2021
Total operating income	1,548,107	6,409,587	1,391,792	862,304
Total operating costs	1,125,136	1,218,084	923,137	893,733
Operating result	422,970	5,191,503	468,655	-31,429
Financial income/costs	-462,074	-117,113	2,309,849	2,575,560
Profit before tax	-39,104	5,074,390	2,778,504	2,544,131
Total tax & extraordinary income/cost	20,029	576,601	101,718	264,983
Annual Total Result	-59,133	4,497,789	2,676,786	2,279,148

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	4,545,620	7,166,256	35,692,981	35,549,675
Total current assets	50,154,237	47,754,818	14,295,296	13,124,110
Total assets	54,699,857	54,921,074	49,988,277	48,673,785
Short term debt	1,597,237	1,800,825	1,365,818	2,067,551
Long term debt	41,503	0	0	363,950
Total liabilities	1,638,740	1,800,825	1,365,818	2,431,501
Contributed capital	7,000,084	7,000,084	7,000,084	7,000,084
Retained earnings	46,061,033	46,120,166	41,622,375	39,242,200
Total equity	53,061,117	53,120,250	48,622,459	46,242,284
Total equity and liabilities	54,699,857	54,921,074	49,988,277	48,673,785

Classification

Category

Goods and trade

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

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate