GRENLAND BOLIGBYGGELAG
Keywords
cooperative
Organization
- CEO
- MB
Morten Borge1969
- Chairman of the board
- KO
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- House building cooperative
- VAT registered
- Yes
- Number of employees
- 54
Financials
- Total operating income 2024
- 89,688,831
- NOK
- Annual total result 2024
- 16,576,110
- NOK
- Total equity 2024
- 263,731,184
- NOK
Last update: Jul 12, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MB 1969 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
GO | Board Member | - |
SA | Alternate Member | - |
AT 1980 | Deputy Chair | - |
AE | Alternate Member | - |
ME 1987 | Board Member | - |
KL | Board Member | - |
KO | Chairman | - |
KS | Board Member | - |
KN 1976 | Board Member | - |
VJ | Board Member | - |
| Alternate Member | - | |
JL | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jan 27, 2025
Ownership
Shares owned by the GRENLAND BOLIGBYGGELAG
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 6,017 | 49 % | |
| Ordinary shares | 900 | 30 % | |
| Ordinary shares | 277,577 | 5.8 % | |
| Ordinary shares | 1 | 0.33 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 89,688,831Operating profit 2024: NOK 6,283,729Employees: 54
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 89,688,831 | 47,642,028 | 48,592,806 | 47,129,903 |
Annual Total Result | 16,576,110 | 3,689,750 | 4,189,894 | 3,705,435 |
Total assets | 369,041,869 | 97,741,969 | 94,708,000 | 94,068,800 |
Total liabilities | 105,310,687 | 12,229,051 | 13,458,832 | 17,591,525 |
Total equity | 263,731,184 | 85,512,918 | 81,249,168 | 76,477,274 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 89,688,831 | 47,642,028 | 48,592,806 | 47,129,903 |
Total operating costs | 83,405,102 | 44,921,134 | 44,426,388 | 43,286,223 |
Operating result | 6,283,729 | 2,720,894 | 4,166,418 | 3,843,680 |
Financial income/costs | 14,692,280 | 2,618,344 | 1,377,365 | 1,014,232 |
Profit before tax | 20,976,009 | 5,339,238 | 5,543,783 | 4,857,912 |
Total tax & extraordinary income/cost | 4,399,899 | 1,649,488 | 1,353,889 | 1,152,477 |
Annual Total Result | 16,576,110 | 3,689,750 | 4,189,894 | 3,705,435 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 239,986,385 | 60,962,661 | 57,460,610 | 18,988,394 |
Total current assets | 129,055,484 | 36,779,308 | 37,247,390 | 75,080,406 |
Total assets | 369,041,869 | 97,741,969 | 94,708,000 | 94,068,800 |
Short term debt | 74,962,542 | 10,829,277 | 11,901,003 | 15,884,419 |
Long term debt | 30,348,145 | 1,399,774 | 1,557,829 | 1,707,106 |
Total liabilities | 105,310,687 | 12,229,051 | 13,458,832 | 17,591,525 |
Contributed capital | 17,833,209 | 10,479,000 | 9,987,900 | 9,596,145 |
Retained earnings | 245,897,975 | 75,033,918 | 71,261,268 | 66,881,129 |
Total equity | 263,731,184 | 85,512,918 | 81,249,168 | 76,477,274 |
Total equity and liabilities | 369,041,871 | 97,741,969 | 94,708,000 | 94,068,799 |
Classification
Category
Type of organization
House building cooperative
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
41.101
Industrial group
House building cooperative