NEWSEC PROPERTY ASSET MANAGEMENT AS
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
Organization
- CEO
- TA
Trond Arne Espås1972
- Chairman of the board
- Years since formation
- 29 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 161
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 2023
- 254,859,336
- NOK
- Annual total result 2023
- 3,329,758
- NOK
- Total equity 2023
- 38,525,934
- NOK
Last update: Nov 21, 2024
Management
Management / administration
Name | Role | Shares |
---|---|---|
TA 1972 | Managing Director/CEO | - |
HA 1963 | Managing Director/CEO | - |
Board
Name | Role | Shares |
---|---|---|
Chairman | - | |
HA 1963 | Board Member | - |
TA 1972 | Board Member | - |
SH | Board Member | - |
Others
Name | Role | Shares |
---|---|---|
Auditor | - |
Last update: Apr 13, 2023
Ownership
Company shareholders
Name | Share class | Number of shares | Share |
---|---|---|---|
Ordinary shares | 410,000 | 100 % |
Shares owned by the NEWSEC PROPERTY ASSET MANAGEMENT AS
Name | Share class | Number of shares | Share |
---|---|---|---|
Ordinary shares | 450 | 100 % | |
Ordinary shares | 100 | 100 % | |
Ordinary shares | 100 | 100 % | |
Ordinary shares | 100 | 100 % | |
Ordinary shares | 2 | 100 % | |
Ordinary shares | 100 | 100 % | |
Ordinary shares | 150 | 100 % | |
Ordinary shares | 838,342 | 100 % | |
Ordinary shares | 100 | 100 % | |
Ordinary shares | 100 | 100 % | |
Ordinary shares | 100 | 100 % | |
Ordinary shares | 150 | 60 % | |
Ordinary shares | 510 | 51.1 % | |
Ordinary shares | 500 | 50 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 254,859,336Operating profit 2023: NOK -2,065,564Employees: 161
Financials
in NOK
Summary
Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total operating income | 254,859,336 | 249,009,008 | 239,963,337 |
Annual Total Result | 3,329,758 | 5,302,349 | 12,304,771 |
Total assets | 162,230,318 | 161,067,289 | 110,012,614 |
Total liabilities | 123,704,383 | 126,250,939 | 79,778,901 |
Total equity | 38,525,934 | 34,816,350 | 30,233,713 |
P&L
Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total operating income | 254,859,336 | 249,009,008 | 239,963,337 |
Total operating costs | 256,924,900 | 254,029,151 | 236,105,226 |
Operating result | -2,065,564 | -5,020,143 | 3,858,112 |
Financial income/costs | 5,981,370 | 12,156,700 | 11,919,008 |
Profit before tax | 3,915,806 | 7,136,557 | 15,777,119 |
Total tax & extraordinary income/cost | 586,048 | 1,834,208 | 3,472,348 |
Annual Total Result | 3,329,758 | 5,302,349 | 12,304,771 |
Balance overview
Year | 2023 | 2022 | 2021 |
---|---|---|---|
Total fixed assets | 119,796,493 | 91,184,890 | 67,998,757 |
Total current assets | 42,433,825 | 69,882,399 | 42,013,857 |
Total assets | 162,230,318 | 161,067,289 | 110,012,614 |
Short term debt | 73,978,925 | 68,469,542 | 61,552,430 |
Long term debt | 49,725,458 | 57,781,397 | 18,226,472 |
Total liabilities | 123,704,383 | 126,250,939 | 79,778,901 |
Contributed capital | 13,000,000 | 13,000,000 | 13,000,000 |
Retained earnings | 25,525,935 | 21,816,350 | 17,233,713 |
Total equity | 38,525,934 | 34,816,350 | 30,233,713 |
Total equity and liabilities | 162,230,318 | 161,067,289 | 110,012,614 |
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
68.3
Main industrial group
Real estate activities on a fee or contract basis
68.32
Industrial group
Management of real estate on a fee or contract basis
68.320
Industrial group
Management of real estate on a fee or contract basis