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F

FAUSKEN INVEST AS988 148 741

Rental
Limited company
Emanuel Mohns veg 17 6007 ÅLESUND, Norge
Goods and trade
/ Rental
/ 68.209 Other letting of real estate

FAUSKEN INVEST AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board
FO

Frank Ove Reite1970

Years since formation
20 years
since Apr 26, 2005
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Total operating income 2024
1,000,000
NOK
Annual total result 2024
4,897,130
NOK
Total equity 2024
121,655,144
NOK
Last update: Jun 30, 2025

Management

Board

NameRoleShares
FO

Frank Ove Reite

1970

Contact Person, Chairman
100 %
directly
RK

Rigmor Kvalsvik Reite

1972

Alternate Member-

Others

NameRoleShares
H
HOVDEN & VATNE STATSAUTORISERTE REVISORAR AS
Auditor-
N
NOTØY REGNSKAPSSERVICE
Accountant-

Top 10 individual shareholders

NameRoleShares
FO

Frank Ove Reite

1970

Contact Person, Chairman
100 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
FO

Frank Ove Reite

1970

Ordinary shares
1,000
100 %

Shares owned by the FAUSKEN INVEST AS

NameShare classTotal number of sharesShare
F
FAUSKEN EIENDOM AS
Ordinary shares
100
100 %
C
CONVERTO HOLDING AS
Ordinary shares
13,008
28.83 %
K
KREMMERGAARDEN INVEST AS
Ordinary shares
19
1.9 %
S
SOLSTAD OFFSHORE ASA
NO0003080608
356,509
0.43 %
A
AKER ASA
NO0010234552
74,182
0.1 %
S
SOLSTAD MARITIME ASA
NO0013135368
356,509
0.08 %
A
AKASTOR ASA
NO0010215684
200,000
0.07 %
P
PUBLIC PROPERTY INVEST ASA
NO0013178616
52,820
0.02 %
Last update: Jun 2, 2025

Group structure

  • FAUSKEN INVEST AS
    Total operating income 2024: NOK 1,000,000
    Operating profit 2024: NOK 503,040
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
1,000,000
1,000,000
1,000,000
1,017,072
Annual Total Result
4,897,130
6,469,960
6,217,450
3,927,080
Total assets
124,528,007
121,201,178
119,927,666
113,501,665
Total liabilities
2,872,863
2,443,163
5,639,611
431,060
Total equity
121,655,144
118,758,015
114,288,055
113,070,605

P&L

Year2024202320222021
Total operating income
1,000,000
1,000,000
1,000,000
1,017,072
Total operating costs
496,960
245,612
172,578
356,060
Operating result
503,040
754,388
827,422
661,012
Financial income/costs
5,152,194
6,531,817
5,904,663
3,581,057
Profit before tax
5,655,234
7,286,206
6,732,085
4,242,069
Total tax & extraordinary income/cost
758,104
816,246
514,635
314,989
Annual Total Result
4,897,130
6,469,960
6,217,450
3,927,080

Balance overview

Year2024202320222021
Total fixed assets
27,090,385
27,447,066
27,153,492
26,412,584
Total current assets
97,437,623
93,754,111
92,774,173
87,089,081
Total assets
124,528,007
121,201,178
119,927,666
113,501,665
Short term debt
2,872,863
2,443,163
5,639,611
431,060
Long term debt
0
0
0
0
Total liabilities
2,872,863
2,443,163
5,639,611
431,060
Contributed capital
1,748,387
1,748,387
1,748,387
1,748,387
Retained earnings
119,906,757
117,009,628
112,539,668
111,322,218
Total equity
121,655,144
118,758,015
114,288,055
113,070,605
Total equity and liabilities
124,528,007
121,201,178
119,927,666
113,501,665

Classification

Category
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