FAGERSTAD UTVIKLING V AS • 987581050 • Oslo • Construction of buildings

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/ Purchase and sale

FAGERSTAD UTVIKLING V AS

Keywords

real estatesalesdevelopment

Organization

CEO: YT
Yngvar Titterud1952
Chairman of the board: YT
Yngvar Titterud1952
Years since formation: 20 years; since Dec 9, 2004
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 2,000; 1 share class
Total number of shareholders: 4; 3 companies, 1 person

Financials

Total operating income 2023: 50,000; NOK
Annual total result 2023: -167,342; NOK
Total equity 2023: 4,916,745; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
YT Yngvar Titterud 1952	Managing Director/CEO	15 % indirectly

Board

Name	Role	Shares
YT Yngvar Titterud 1952	Chairman	15 % indirectly
AG Arnstein Granlie 1957	Board Member	20.25 % indirectly
SB Stig Børger Bratlie 1965	Board Member	-

Others

Name	Role	Shares
F FJELL FUTURUM AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SG Siri Leine Granlie 1962	-	20.25 % indirectly
AG Arnstein Granlie 1957	Board Member	20.25 % indirectly
YT Yngvar Titterud 1952	Managing Director/CEO, Chairman	15 % indirectly
RK Roy Åhsbom Kristiansen 1948	-	5 % directly
AJ Atle Johannes Hermansen 1961	-	2.25 % indirectly
SH Sikke Refvem Hermansen 1970	-	2.25 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
F FAGERSTAD EIENDOM AS	Ordinary shares	900	45 %
N NG EIENDOM ØST AS	Ordinary shares	700	35 %
O ORIGO HOLDING AS	Ordinary shares	300	15 %
RK Roy Åhsbom Kristiansen 1948	Ordinary shares	100	5 %

Shares owned by the FAGERSTAD UTVIKLING V AS

Name	Share class	Number of shares	Share
F FAGERSTAD NEPTUNE AS	Ordinary shares	500	50 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	50,000	50,000	63,063
Annual Total Result	-167,342	80,473	41,002
Total assets	6,516,181	6,552,013	6,544,055
Total liabilities	1,599,435	1,467,925	1,540,440
Total equity	4,916,745	5,084,088	5,003,615

P&L

Year	2023	2022	2021
Total operating income	50,000	50,000	63,063
Total operating costs	220,909	41,902	53,306
Operating result	-170,909	8,098	9,757
Financial income/costs	3,567	72,375	31,245
Profit before tax	-167,342	80,473	41,002
Total tax & extraordinary income/cost	0	0	0
Annual Total Result	-167,342	80,473	41,002

Balance overview

Year	2023	2022	2021
Total fixed assets	500,000	518,000	518,000
Total current assets	6,016,181	6,034,013	6,026,055
Total assets	6,516,181	6,552,013	6,544,055
Short term debt	1,599,435	1,467,925	1,540,440
Long term debt	0	0	0
Total liabilities	1,599,435	1,467,925	1,540,440
Contributed capital	5,283,297	5,283,297	5,283,297
Retained earnings	-366,552	-199,210	-279,682
Total equity	4,916,745	5,084,088	5,003,615
Total equity and liabilities	6,516,181	6,552,013	6,544,055

Classification

Category

/ Purchase and sale

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

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

41.109

Industrial group

Other development and sale of real estate