MODALEN INVEST AS

Operating

Investeringsvirksomhet innen eiendommer og aksjer og alt hva dermed står i forbindelse, bl.a. deltagelse i andre selskaper eller virksomheter.

Investering i aksjer og verdipapirer.

Organization

CEO: KM
Kjell Magnus Skatvedt1953
Chairman of the board: KM
Kjell Magnus Skatvedt1953
Years since formation: 31 years; since Feb 20, 1995
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 100; 2 share classes
Total number of shareholders: 3; persons
Belongs to group of

Financials

Annual total result 2025: 203,770,610; NOK
Total equity 2025: 208,694,311; NOK

Last update: Sep 15, 2026

Management

Management / administration

Name	Role	Shares
KM Kjell Magnus Skatvedt 1953	Managing Director/CEO	-

Board

Name	Role	Shares
KM Kjell Magnus Skatvedt 1953	Chairman	-

Others

Name	Role	Shares
H HLO REVISJON & RÅDGIVNING AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MS Magnus Skatvedt Kjell 1953	-	52 % directly
SF Skatvedt Fensgård Anita 1978	-	24 % directly
SA Skatvedt Ann-Helen 1974	-	24 % directly

Last update: Dec 14, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
MS Magnus Skatvedt Kjell 1953	A-shares	52	52 %
SA Skatvedt Ann-Helen 1974	Class B shares	24	24 %
SF Skatvedt Fensgård Anita 1978	Class B shares	24	24 %

Shares owned by the MODALEN INVEST AS

Name	Share class	Total number of shares	Share
K KJMS EIENDOM AS	Ordinary shares	200	100 %
B BANAK EIENDOM AS	Ordinary shares	300	75 %
S SPOT ON SHOP AS	Ordinary shares	19,608	15 %
E ECHOPULSE AS	Ordinary shares	100,000	7.35 %
H HØLAND OG SETSKOG SPAREBANK	Ordinary shares	12,881	1.87 %
H HALTDALEN SPAREBANK	Ordinary shares	3,952	1.32 %
M MELHUS SPAREBANK	Ordinary shares	36,620	1.32 %
T TELEMARK SPAREBANK	Ordinary shares	11,321	1.08 %
S SPAREBANK 68 GRADER NORD	Ordinary shares	29,265	0.98 %
F FLEKKEFJORD SPAREBANK	Ordinary shares	14,604	0.97 %
T TRØNDELAG SPAREBANK	Ordinary shares	44,158	0.92 %
Ø ØRLAND SPAREBANK	Ordinary shares	3,076	0.77 %
V Voss Veksel- og Landmandsbank ASA	Ordinary shares	14,920	0.67 %
A AASEN SPAREBANK	Ordinary shares	9,012	0.52 %
T TINDE SPAREBANK	Ordinary shares	24,482	0.45 %
S SUNNDAL SPAREBANK Closed	NO0010672900	9,621	0.35 %
R ROMERIKE SPAREBANK	Ordinary shares	6,430	0.23 %
G GRONG SPAREBANK	Ordinary shares	8,202	0.21 %
S SPAREBANK 1 NORDMØRE	Ordinary shares	19,221	0.21 %
S SPAREBANKEN MØRE	Ordinary shares	90,739	0.18 %
S SPAREBANK 1 ØSTFOLD AKERSHUS	Ordinary shares	16,995	0.14 %
R ROGALAND SPAREBANK	Ordinary shares	32,092	0.13 %
K KVINESDAL SPAREBANK	Ordinary shares	738	0.12 %
B BLUE BAY CLUB AS	Ordinary shares	9,083	0.1 %
W WILH. WILHELMSEN HOLDING ASA	Ordinary shares	40,000	0.09 %
S SKUE SPAREBANK	Ordinary shares	4,886	0.08 %
H HÖEGH AUTOLINERS ASA	Ordinary shares	134,500	0.07 %
H HAUGESUND SPAREBANK	Ordinary shares	2,503	0.05 %
P PRIME PROPERTY KROATIA I AS	Ordinary shares	1,500,000	0.05 %
B BIEN SPAREBANK ASA	Ordinary shares	2,833	0.05 %
W WALLENIUS WILHELMSEN ASA	Ordinary shares	200,000	0.05 %
S SPAREBANKEN NORGE	Ordinary shares	73,879	0.04 %
S SPAREBANK 1 HELGELAND	Ordinary shares	8,045	0.03 %
S SPAREBANK 1 SMN	Ordinary shares	37,195	0.03 %
S SPAREBANKEN SØR Closed	NO0006001502	9,050	0.02 %
S SPAREBANK 1 ØSTLANDET	Ordinary shares	14,661	< 0.01 %
S SPAREBANK 1 RINGERIKE HADELAND	Ordinary shares	1,079	< 0.01 %
S SPAREBANK 1 SØR-NORGE ASA	Ordinary shares	55,766	< 0.01 %
S SPAREBANK 1 NORD-NORGE	Ordinary shares	1,525	< 0.01 %

Last update: Sep 25, 2026

Group structure

MODALEN INVEST AS
Total operating income 2025: NOK 0
Operating profit 2025: NOK -970,945
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	0	0	0	0	0
Annual Total Result	203,770,610	12,672,978	5,719,779	6,383,614	41,856,285
Total assets	256,991,981	94,606,509	103,369,991	117,381,536	118,913,378
Total liabilities	48,297,670	41,682,807	24,119,267	19,850,591	9,766,048
Total equity	208,694,311	52,923,702	79,250,724	97,530,945	109,147,330

P&L

Year	2025	2024	2023	2022	2021
Total operating income	0	0	0	0	0
Total operating costs	970,945	1,311,768	1,004,419	645,182	-509,607
Operating result	-970,945	-1,311,768	-1,004,419	-645,182	509,607
Financial income/costs	205,310,297	13,431,185	6,860,687	7,011,133	41,553,876
Profit before tax	204,339,352	12,119,417	5,856,268	6,365,951	42,063,483
Total tax & extraordinary income/cost	568,742	-553,561	136,489	-17,663	207,198
Annual Total Result	203,770,610	12,672,978	5,719,779	6,383,614	41,856,285

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	13,482,003	32,563,439	36,330,315	52,313,472	52,799,730
Total current assets	243,509,978	62,043,070	67,039,676	65,068,064	66,113,649
Total assets	256,991,981	94,606,509	103,369,991	117,381,536	118,913,378
Short term debt	41,278,874	33,463,893	14,542,006	9,348,240	9,246,034
Long term debt	7,018,796	8,218,915	9,577,261	10,502,351	520,014
Total liabilities	48,297,670	41,682,807	24,119,267	19,850,591	9,766,048
Contributed capital	100,000	100,000	100,000	100,000	100,000
Retained earnings	208,594,311	52,823,702	79,150,724	97,430,945	109,047,330
Total equity	208,694,311	52,923,702	79,250,724	97,530,945	109,147,330
Total equity and liabilities	256,991,981	94,606,509	103,369,991	117,381,536	118,913,378

Classification

21st company classification

BETA

Small company

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

MODALEN INVEST AS967 840 459