NEWSEC PROPERTY ASSET MANAGEMENT AS

Operating

Newsec - a service company in real estate and beyond

Newsec, a service company in real estate and beyond, offers investors, property owners and tenants a full range of services within the five business areas Property Asset Management, Advisory, Investment Management, Energy Transition and Digital Accelerator. The company was founded in 1994 and today employs some 2 600 people spread across the seven Nordic and Baltic markets. Read more on www.newsec.com

Forestå eiendomsforvaltning, såvel teknisk som økonomisk, herunder tilby eiendomsbesittere de tjenester som naturlig hører under dette. Samt deltakelse i andre selskaper og hva dermed står i den forbindelse.

Forestå eiendomsforvaltning, såvel teknisk som økonomisk. Herunder å tilby eiendomsbesittere de tjenester som naturlig hører under dette.

Organization

CEO: TA
Trond Arne Espås1972
Chairman of the board: PM
Petra Maria Helena Scharin1972
Years since formation: 30 years; since Feb 20, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 160

Ownership

Number of shares and share classes: 410,000; 1 share class
Total number of shareholders: 1; person
Belongs to group of

Financials

Total operating income 2024: 290,407,620; NOK
Annual total result 2024: 10,379,989; NOK
Total equity 2024: 48,905,924; NOK

Last update: Sep 13, 2025

Management

Management / administration

Name	Role	Shares
TA Trond Arne Espås 1972	Managing Director/CEO	-
HA Hilmar Auran 1963	Managing Director/CEO	-

Board

Name	Role	Shares
HA Hilmar Auran 1963	Board Member	-
SH Sofia Helena Brus Victor 1978	Board Member	-
PM Petra Maria Helena Scharin 1972	Chairman	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-

Last update: Feb 18, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
NP Newsec Property Asset Management Ab	Ordinary shares	410,000	100 %

Shares owned by the NEWSEC PROPERTY ASSET MANAGEMENT AS

Name	Share class	Total number of shares	Share
N NEWSEC NÆRINGSMEGLING AS	Ordinary shares	450	100 %
S SAMEIEDRIFT 2 AS	Ordinary shares	100	100 %
B BASALE FELLESSERVICE AS	Ordinary shares	100	100 %
N NEWSEC FELLES AS	Ordinary shares	100	100 %
N NEWSEC ROGALAND AS	Ordinary shares	2	100 %
N NEWSEC ROGALAND DRIFT AS	Ordinary shares	100	100 %
K KVITHAMMER GÅRD DRIFT AS	Ordinary shares	100	100 %
R RÅDGIVENDE INGENIØRER LØYNING AS	Ordinary shares	150	100 %
T TJUVHOLMEN DRIFT AS	Ordinary shares	100	100 %
N NEWSEC DRIFT AS	Ordinary shares	100	100 %
N NEWSEC PROJECT AS	Ordinary shares	838,342	100 %
S SAMEIEDRIFT AS	Ordinary shares	100	100 %
T TRYGGVASON DRIFT AS Closed	Ordinary shares	150	60 %
N NEWSEC SØR AS	Ordinary shares	510	51.1 %
H HELHETSKONTROLL AS	Ordinary shares	500	50 %

Last update: Jun 2, 2025

Group structure

NEWSEC PROPERTY ASSET MANAGEMENT AS
Total operating income 2024: NOK 290,407,620
Operating profit 2024: NOK 2,640,024
Employees: 160

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	290,407,620	254,859,336	249,009,008	239,963,337
Annual Total Result	10,379,989	3,329,758	5,302,349	12,304,771
Total assets	207,025,935	162,230,318	161,067,289	110,012,614
Total liabilities	158,120,012	123,704,383	126,250,939	79,778,901
Total equity	48,905,924	38,525,934	34,816,350	30,233,713

P&L

Year	2024	2023	2022	2021
Total operating income	290,407,620	254,859,336	249,009,008	239,963,337
Total operating costs	287,767,596	256,924,900	254,029,151	236,105,226
Operating result	2,640,024	-2,065,564	-5,020,143	3,858,112
Financial income/costs	10,719,659	5,981,370	12,156,700	11,919,008
Profit before tax	13,359,683	3,915,806	7,136,557	15,777,119
Total tax & extraordinary income/cost	2,979,694	586,048	1,834,208	3,472,348
Annual Total Result	10,379,989	3,329,758	5,302,349	12,304,771

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	124,319,968	119,796,493	91,184,890	67,998,757
Total current assets	82,705,967	42,433,825	69,882,399	42,013,857
Total assets	207,025,935	162,230,318	161,067,289	110,012,614
Short term debt	123,507,775	73,978,925	68,469,542	61,552,430
Long term debt	34,612,237	49,725,458	57,781,397	18,226,472
Total liabilities	158,120,012	123,704,383	126,250,939	79,778,901
Contributed capital	13,000,000	13,000,000	13,000,000	13,000,000
Retained earnings	35,905,924	25,525,935	21,816,350	17,233,713
Total equity	48,905,924	38,525,934	34,816,350	30,233,713
Total equity and liabilities	207,025,935	162,230,318	161,067,289	110,012,614

Classification

21st company classification

BETA

Industrial large enterprise

NEWSEC PROPERTY ASSET MANAGEMENT AS959 718 482