KEWA INVEST AS

Organization

CEO: CW
Cato Winther Borg1960
Chairman of the board: EB
Eivind Bjøralt1956
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 80,000; 2 share classes
Total number of shareholders: 25; persons
Belongs to group of

Financials

Total operating income 2024: 6,994,348; NOK
Annual total result 2024: 4,057,269; NOK
Total equity 2024: 308,933,079; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
CW Cato Winther Borg 1960	Managing Director/CEO	13 % directly

Board

Name	Role	Shares
EB Eivind Bjøralt 1956	Chairman	-
AB Arild Borg 1932	Board Member	-
EU Erling Ulven Borg 1934	Board Member	2 % directly
LB Lars Borg 1964	Board Member	10.5 % directly
CW Cato Winther Borg 1960	Board Member	13 % directly

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
CW Cato Winther Borg 1960	Managing Director/CEO, Board Member	13 % directly
PW Petter Winther Borg 1957	-	13 % directly
AC Anne Cathrine Borg 1965	-	13 % directly
LB Lars Borg 1964	Board Member	10.5 % directly
HE Hans Eilert Borg 1961	-	10.5 % directly
MB Morten Borg 1958	-	10.5 % directly
CM Christiane M Borg Schjørn 1967	-	10.5 % directly
EU Erling Ulven Borg 1934	Board Member	2 % directly
CF Christian Fredrick Borg 1992	-	1 % directly
SM Stine Mathilde Borg 1990	-	1 % directly

Last update: Sep 4, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
CW Cato Winther Borg 1960	A-shares	10,400	13 %
AC Anne Cathrine Borg 1965	A-shares	10,400	13 %
PW Petter Winther Borg 1957	A-shares	10,400	13 %
LB Lars Borg 1964	Class B shares	8,400	10.5 %
HE Hans Eilert Borg 1961	Class B shares	8,400	10.5 %
MB Morten Borg 1958	Class B shares	8,400	10.5 %
CM Christiane M Borg Schjørn 1967	Class B shares	8,400	10.5 %
EU Erling Ulven Borg 1934	A-shares	1,600	2 %
HR Hanna Rolstad Borg 1993	A-shares	800	1 %
JU Julie Ulven Widsteen 1990	A-shares	800	1 %
LB Lasse Borg 1993	Class B shares	800	1 %
MH Mia Henriette Borg 1991	Class B shares	800	1 %
SM Silje Marie Borg 1982	A-shares	800	1 %
SB Simen Borg 1997	A-shares	800	1 %
SM Stine Mathilde Borg 1990	Class B shares	800	1 %
SA Synne Annette Borg 1996	Class B shares	800	1 %
AB Anders Borg 1989	Class B shares	800	1 %
TS Thea Sofie Borg Olsen 1991	A-shares	800	1 %
AB Anders Bostad Borg 1997	A-shares	800	1 %
AS Andrea Schjørn Caroline 2000	Class B shares	800	1 %
CB Cathinka Bostad Borg 1984	A-shares	800	1 %
ES Eilert Schjørn Christian 1997	Class B shares	800	1 %
CF Christian Fredrick Borg 1992	Class B shares	800	1 %
ER Elias Rolstad Borg 1999	A-shares	800	1 %
BB Bostad Borg Emilie 1997	A-shares	800	1 %

Shares owned by the KEWA INVEST AS

Name	Share class	Total number of shares	Share
S SIPANO NORGE AS	Ordinary shares	3,375	100 %
T TORP EIENDOMSINVEST AS	Ordinary shares	12,000	50 %
L LILLE-INVEST AS	Ordinary shares	375	37.5 %
G GRENLAND KONTOREIENDOM AS	Ordinary shares	7,700	20 %
B BIG BOX DENMARK AS	Ordinary shares	1,750	17.5 %
K KUNGSBACKA HOLDING AS	Ordinary shares	170	17 %
S SKIEN INDUSTRIBYGG AS	Ordinary shares	12,000	16.22 %
F FREDERICIA LOGISTICS DENMARK II AS	Ordinary shares	1,500	15 %
D DANLOG II AS	Ordinary shares	142,900	14.29 %
Y YTTERSØ BUSINESSPARK INVEST AS	NO0010859499	107,900	13 %
J JESSHEIM SENTRUMSEIENDOM AS	NO0011198061	103,750	12.5 %
F FPA HOLDING AS	Ordinary shares	42,934	12 %
T TØNSBERG HANDELSBYGG AS	Ordinary shares	7,500	12 %
S SKI SENTRUM EIENDOM AS	Ordinary shares	100	10 %
B BORGESKOGEN LOGINVEST AS	A-shares	800	8 %
L LYFSTONE INVEST AS	Ordinary shares	200,000	7.1 %
G GAMLE FORUSVEI INVEST AS	Ordinary shares	70	7 %
A AARHUS RESIDENTIALS DENMARK II AS	Ordinary shares	650	6.5 %
H HAUKÅS EIENDOMSINVEST AS	Ordinary shares	662,583	6.08 %
H HELLERUD EIENDOM OG UTVIKLING AS	Ordinary shares	62,846	6 %
B BYGGVARE EIENDOMSINVEST AS	Ordinary shares	55,000	5.5 %
S SVANHOLMEN EIENDOMSINVEST AS	Ordinary shares	500	5 %
C CRUDE TANKERS II AS	Ordinary shares	5,650	4.45 %
F FOKSERØDSENTERET NORD AS	Ordinary shares	4,000	4 %
R RESIDAN AS	Ordinary shares	100,000	3.3 %
A ATTIVO AS	NO0011095515	14,677	3.25 %
D DANLOG AS	Ordinary shares	6,665,958	3.16 %
C CLARKSONS CORE PLUS AS	A-shares	6,110,868	2.91 %
P PRE CHINA PRIVATE EQUITY I AS	NO0010355746	462,838	2.86 %
L LY FORSIKRING ASA	NO0010810401	50,000	2.57 %
P PARETO ENERGY SOLUTIONS AS	NO0010440191	22,523	2.31 %
L LYFSTONE AS	NO0010851546	366,765	2.29 %
N NORDIC AQUAFARMS AS	Ordinary shares	3,341,369	2.11 %
O OSLO OPPORTUNITY AS	Ordinary shares	10,000,000	2 %
N NJORD BAY AS	Ordinary shares	200	2 %
S SJØLIVET INVEST AS	NO0010754948	18	1.8 %
P PARETO STAUR SPV I AS	NO0010667652	180	1.58 %
K KØBENHAVN KONTORBYGG II AS	Ordinary shares	15,000	1.5 %
K K2 EIENDOM AS	Ordinary shares	125	1.25 %
A ATTIVO EIENDOMSUTVIKLING II AS	NO0010777964	4,534	0.94 %
N NORDIC AQUA PARTNERS AS	NO0012928805	195,000	0.92 %
P POLARIS EIENDOM AS	Ordinary shares	956,625	0.91 %
B BM AQUACULTURE AS	NO0010853138	9,999,998	0.55 %
C CLOUDBERRY CLEAN ENERGY ASA	NO0010876642	1,000,947	0.35 %
P PRE CHINA PRIVATE EQUITY II AS	NO0010416951	130,000	0.33 %
D DOF ERSTATNINGSSØKSMÅLET AS	Class B shares	250,000	0.31 %
L LYTIX BIOPHARMA AS	NO0010405780	61,290	0.09 %
D DOF ASA	NO0010070063	250,000	0.08 %
P PROXIMAR SEAFOOD AS	NO0010893902	100,000	0.07 %
H HAVILA SHIPPING ASA	NO0010257728	158,129	0.06 %
K KLAVENESS COMBINATION CARRIERS ASA	NO0010833262	37,550	0.06 %
B B2 IMPACT ASA	NO0010633951	150,000	0.04 %
P PRIME OFFICE GERMANY AS	NO0010373368	10	0.02 %
A AMICOAT AS	NO0010799679	3,558	< 0.01 %
P PHARMA HOLDINGS AS	NO0010797350	71	< 0.01 %
P PHARMASUM THERAPEUTICS AS	Ordinary shares	335	< 0.01 %

Last update: Jun 2, 2025

Group structure

KEWA INVEST AS
Total operating income 2024: NOK 6,994,348
Operating profit 2024: NOK 814,836
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	6,994,348	6,736,911	6,414,046	7,032,068
Annual Total Result	4,057,269	-1,726,842	42,474,586	36,913,138
Total assets	360,810,673	385,155,670	379,784,206	350,405,317
Total liabilities	51,877,594	67,279,859	47,181,552	47,277,249
Total equity	308,933,079	317,875,811	332,602,653	303,128,066

P&L

Year	2024	2023	2022	2021
Total operating income	6,994,348	6,736,911	6,414,046	7,032,068
Total operating costs	6,179,512	7,313,962	6,085,647	6,099,669
Operating result	814,836	-577,051	328,399	932,399
Financial income/costs	2,685,561	-755,400	42,532,026	36,256,343
Profit before tax	3,500,397	-1,332,451	42,860,425	37,188,742
Total tax & extraordinary income/cost	-556,872	394,391	385,839	275,604
Annual Total Result	4,057,269	-1,726,842	42,474,586	36,913,138

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	22,419,955	22,540,127	23,380,634	27,866,222
Total current assets	338,390,718	362,615,543	356,403,572	322,539,095
Total assets	360,810,673	385,155,670	379,784,206	350,405,317
Short term debt	20,655,078	34,739,208	14,830,702	3,312,238
Long term debt	31,222,516	32,540,651	32,350,850	43,965,011
Total liabilities	51,877,594	67,279,859	47,181,552	47,277,249
Contributed capital	1,000,000	1,000,000	1,000,000	1,000,000
Retained earnings	307,933,079	316,875,811	331,602,653	302,128,066
Total equity	308,933,079	317,875,811	332,602,653	303,128,066
Total equity and liabilities	360,810,673	385,155,670	379,784,205	350,405,315

Classification

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

KEWA INVEST AS910 728 040

KEWA INVEST AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the KEWA INVEST AS

Group structure

Financials

Summary

P&L

Balance overview

Classification