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U

ULSTEINVIK UTVIKLING AS988 059 242

Purchase and sale
Limited company
Stålhaugen 5 6065 ULSTEINVIK, Norge
Construction
/ Purchase and sale
/ 41.109 Other development and sale of real estate

ULSTEINVIK UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board
MU

Morten Ulstein1953

Years since formation
20 years
since Apr 5, 2005
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
28,476
1 share class
Total number of shareholders
17
companies

Financials

Total operating income 2024
5,650,894
NOK
Annual total result 2024
-46,951
NOK
Total equity 2024
16,495,603
NOK
Last update: Jul 21, 2025

Management

Board

NameRoleShares
MU

Morten Ulstein

1953

Chairman
6.42 %
indirectly
EM

Einar Martin Kristensen

1952

Board Member-
SU

Stig Ulstein

1958

Board Member
2.25 %
indirectly
KK

Kjersti Kleven

1967

Board Member
2.88 %
indirectly
JR

Jogeir Romestrand

1961

Board Member
11.09 %
indirectly
OH

Olav Haug Vikebakk

1977

Board Member-
GH

Gustav Hasund

1985

Contact Person-

Others

NameRoleShares
B
BDO AS
Auditor-
H
HASUND AS
Accountant-

Top 10 individual shareholders

NameRoleShares
JR

Jogeir Romestrand

1961

Board Member
11.09 %
indirectly
MU

Morten Ulstein

1953

Chairman
6.42 %
indirectly
HU

Håvard Ulstein

1959

-
6.42 %
indirectly
SI

Svein Idar Ulstein

1963

-
6.42 %
indirectly
IM

Ingunn Merete Ulstein Botnen

1955

-
6.42 %
indirectly
HU

Henning Ulstein

1956

-
6.42 %
indirectly
AK

Annelise Kleven Godø

1961

-
3.88 %
indirectly
HI

Hilde Irene Ulstein Klungsøyr

1952

-
3.85 %
indirectly
KK

Kjersti Kleven

1967

Board Member
2.88 %
indirectly
DU

Dag Ulstein Kristensen

1964

-
2.64 %
indirectly
Last update: Oct 23, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
B
BORGSTEIN AS
Ordinary shares
9,140
32.1 %
H
HAREID ELEKTRISKE AS
Ordinary shares
3,158
11.09 %
R
ROME AS
Ordinary shares
3,158
11.09 %
J
JOHN KLEVEN AS
Ordinary shares
3,158
11.09 %
U
ULMAR AS
Ordinary shares
1,697
5.96 %
H
HUK INVEST AS
Ordinary shares
1,496
5.25 %
E
EMAR INVEST AS
Ordinary shares
1,123
3.94 %
G
GJERDE INVEST AS
Ordinary shares
1,113
3.91 %
G
GARSTEIN AS
Ordinary shares
1,032
3.62 %
D
DUK INVEST AS
Ordinary shares
792
2.78 %
I
INGER M KRISTENSEN AS
Ordinary shares
494
1.73 %
A
ARNE LOEN AS
Ordinary shares
439
1.54 %
I
INGUS AS
Ordinary shares
439
1.54 %
B
BEELINE AS
Ordinary shares
439
1.54 %
A
AASHEIM INVEST AS
Ordinary shares
300
1.05 %
M
MARTIN AS
Ordinary shares
300
1.05 %
D
DAGNY 4 AS
Ordinary shares
198
0.7 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
5,650,894
8,558,124
4,785,973
26,154,709
Annual Total Result
-46,951
-2,056,059
-30,288,278
-6,958,489
Total assets
60,235,948
56,781,344
57,534,546
87,626,893
Total liabilities
43,740,345
68,714,790
67,411,934
67,216,003
Total equity
16,495,603
-11,933,446
-9,877,387
20,410,891

P&L

Year2024202320222021
Total operating income
5,650,894
8,558,124
4,785,973
26,154,709
Total operating costs
3,250,850
6,735,006
32,441,086
31,083,044
Operating result
2,400,044
1,823,118
-27,655,113
-4,928,335
Financial income/costs
-2,446,995
-3,879,176
-2,633,165
-2,030,154
Profit before tax
-46,951
-2,056,059
-30,288,278
-6,958,489
Total tax & extraordinary income/cost
0
0
0
0
Annual Total Result
-46,951
-2,056,059
-30,288,278
-6,958,489

Balance overview

Year2024202320222021
Total fixed assets
47,992,554
49,580,632
49,660,849
79,982,351
Total current assets
12,243,394
7,200,712
7,873,697
7,644,542
Total assets
60,235,948
56,781,344
57,534,546
87,626,893
Short term debt
1,425,455
6,538,840
59,874,822
1,722,672
Long term debt
42,314,890
62,175,950
7,537,112
65,493,331
Total liabilities
43,740,345
68,714,790
67,411,934
67,216,003
Contributed capital
16,495,603
50,481,000
50,481,000
50,481,000
Retained earnings
0
-62,414,446
-60,358,387
-30,070,110
Total equity
16,495,603
-11,933,446
-9,877,387
20,410,891
Total equity and liabilities
60,235,948
56,781,344
57,534,546
87,626,893

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
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