KEWA INVEST AS

Operating

Investere i fast eiendom, aksjer, og andre verdipapirer, samt virksomhet som står i forbindelse med dette.

Organization

CEO: CW
Cato Winther Borg1960
Chairman of the board: EB
Eivind Bjøralt1956
Years since formation: 31 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 2025: 7,454,015; NOK
Annual total result 2025: 2,023,245; NOK
Total equity 2025: 297,956,325; NOK

Last update: Jul 13, 2026

Management

Management / administration

Name	Role	Shares
CW Cato Winther Borg 1960	Managing Director/CEO	-

Board

Name	Role	Shares
EB Eivind Bjøralt 1956	Chairman	-
LB Lars Borg 1964	Board Member	-
PW Petter Winther Borg 1957	Board Member	-

Others

Name	Role	Shares
T TELL NORGE AS	Auditor	-
A AIDER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
WB Winther Borg Petter 1957	-	13 % directly
WB Winther Borg Cato 1960	-	13 % directly
CB Cathrine Borg Anne 1965	-	13 % directly
EB Eilert Borg Hans 1961	-	10.5 % directly
MB Mathilde Borg Schjørn Christiane 1967	-	10.5 % directly
BL Borg Lars 1964	-	10.5 % directly
BM Borg Morten 1958	-	10.5 % directly
UB Ulven Borg Erling 1934	-	2 % directly
RB Rolstad Borg Hanna 1993	-	1 % directly
SB Sofie Borg Olsen Thea 1991	-	1 % directly

Last update: Sep 11, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
CB Cathrine Borg Anne 1965	A-shares	10,400	13 %
WB Winther Borg Cato 1960	A-shares	10,400	13 %
WB Winther Borg Petter 1957	A-shares	10,400	13 %
BM Borg Morten 1958	Class B shares	8,400	10.5 %
MB Mathilde Borg Schjørn Christiane 1967	Class B shares	8,400	10.5 %
BL Borg Lars 1964	Class B shares	8,400	10.5 %
EB Eilert Borg Hans 1961	Class B shares	8,400	10.5 %
UB Ulven Borg Erling 1934	A-shares	1,600	2 %
BB Bostad Borg Anders 1997	A-shares	800	1 %
BA Borg Anders 1989	Class B shares	800	1 %
MB Marie Borg Silje 1982	A-shares	800	1 %
BS Borg Simen 1997	A-shares	800	1 %
MB Mathilde Borg Stine 1990	Class B shares	800	1 %
AB Annette Borg Synne 1996	Class B shares	800	1 %
BL Borg Lasse 1993	Class B shares	800	1 %
HB Henriette Borg Mia 1991	Class B shares	800	1 %
UW Ulven Widsteen Julie 1990	A-shares	800	1 %
SB Sofie Borg Olsen Thea 1991	A-shares	800	1 %
BB Bostad Borg Emilie 1997	A-shares	800	1 %
RB Rolstad Borg Hanna 1993	A-shares	800	1 %
AS Andrea Schjørn Caroline 2000	Class B shares	800	1 %
BB Bostad Borg Cathinka 1984	A-shares	800	1 %
FB Fredrick Borg Christian 1992	Class B shares	800	1 %
ES Eilert Schjørn Christian 1997	Class B shares	800	1 %
RB Rolstad Borg Elias 1999	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 %
K KUNGSBACKA HOLDING AS Under liquidation	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	Ordinary shares	107,900	13 %
B BIG BOX DENMARK AS	Ordinary shares	1,300	13 %
J JESSHEIM SENTRUMSEIENDOM AS	Ordinary shares	103,750	12.5 %
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 %
G GAMLE FORUSVEI INVEST AS	Ordinary shares	436	7.27 %
L LYFSTONE INVEST AS	Ordinary shares	200,000	7.1 %
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 %
F FOKSERØDSENTERET NORD AS	Ordinary shares	4,000	4 %
R RESIDAN AS Closed	Ordinary shares	100,000	3.3 %
A ATTIVO AS	Ordinary shares	14,677	2.97 %
L LY FORSIKRING ASA	Ordinary shares	67,798	2.96 %
C CLARKSONS CORE PLUS AS	A-shares	9,195,402	2.91 %
P PRE CHINA PRIVATE EQUITY I AS	Ordinary shares	462,838	2.86 %
P PARETO ENERGY SOLUTIONS AS	Ordinary shares	22,523	2.31 %
L LYFSTONE AS	Ordinary shares	366,765	2.29 %
N NORDIC AQUAFARMS AS	Ordinary shares	30,413	2.11 %
O OSLO OPPORTUNITY AS	Ordinary shares	10,000,000	2 %
N NJORD BAY AS	Ordinary shares	200	2 %
S SJØLIVET INVEST AS	Ordinary shares	18	1.8 %
P PARETO STAUR SPV I AS	Ordinary shares	180	1.58 %
K KØBENHAVN KONTORBYGG II AS	Ordinary shares	15,000	1.5 %
K K2 EIENDOM AS	Ordinary shares	125	1.25 %
N NORDIC AQUA PARTNERS AS	Ordinary shares	250,000	1.18 %
A ATTIVO EIENDOMSUTVIKLING II AS	Ordinary shares	4,534	0.94 %
P POLARIS EIENDOM AS	Ordinary shares	956,625	0.89 %
B BM AQUACULTURE AS	Ordinary shares	9,999,998	0.55 %
P PRE CHINA PRIVATE EQUITY II AS	Ordinary shares	130,000	0.33 %
C CLOUDBERRY CLEAN ENERGY ASA	Ordinary shares	1,000,947	0.31 %
D DOF ERSTATNINGSSØKSMÅLET AS Under liquidation	Class B shares	1,750,000	0.31 %
P PROXIMAR SEAFOOD AS	Ordinary shares	1,000,000	0.19 %
L LYTIX BIOPHARMA ASA	Ordinary shares	61,290	0.09 %
D DOF ASA Closed	NO0010070063	250,000	0.08 %
H HAVILA SHIPPING ASA	Ordinary shares	158,129	0.06 %
K KLAVENESS COMBINATION CARRIERS ASA	Ordinary shares	37,550	0.06 %
B B2 IMPACT ASA	Ordinary shares	150,000	0.04 %
A AMICOAT AS	Ordinary shares	3,558	< 0.01 %
P PHARMASUM THERAPEUTICS AS	Ordinary shares	335	< 0.01 %
P PHARMA HOLDINGS AS	Ordinary shares	71	< 0.01 %

Last update: Sep 25, 2026

Group structure

KEWA INVEST AS
Total operating income 2025: NOK 7,454,015
Operating profit 2025: NOK 1,153,355
Employees: 0

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	7,454,015	6,994,348	6,736,911	6,414,046	7,032,068
Annual Total Result	2,023,245	4,057,269	-1,726,842	42,474,586	36,913,138
Total assets	366,861,253	360,810,673	385,155,670	379,784,206	350,405,317
Total liabilities	68,904,928	51,877,594	67,279,859	47,181,552	47,277,249
Total equity	297,956,325	308,933,079	317,875,811	332,602,653	303,128,066

P&L

Year	2025	2024	2023	2022	2021
Total operating income	7,454,015	6,994,348	6,736,911	6,414,046	7,032,068
Total operating costs	6,300,660	6,179,512	7,313,962	6,085,647	6,099,669
Operating result	1,153,355	814,836	-577,051	328,399	932,399
Financial income/costs	1,813,010	2,685,561	-755,400	42,532,026	36,256,343
Profit before tax	2,966,365	3,500,397	-1,332,451	42,860,425	37,188,742
Total tax & extraordinary income/cost	943,120	-556,872	394,391	385,839	275,604
Annual Total Result	2,023,245	4,057,269	-1,726,842	42,474,586	36,913,138

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	21,635,803	22,419,955	22,540,127	23,380,634	27,866,222
Total current assets	345,225,450	338,390,718	362,615,543	356,403,572	322,539,095
Total assets	366,861,253	360,810,673	385,155,670	379,784,206	350,405,317
Short term debt	37,588,083	20,655,078	34,739,208	14,830,702	3,312,238
Long term debt	31,316,845	31,222,516	32,540,651	32,350,850	43,965,011
Total liabilities	68,904,928	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	1,000,000
Retained earnings	296,956,325	307,933,079	316,875,811	331,602,653	302,128,066
Total equity	297,956,325	308,933,079	317,875,811	332,602,653	303,128,066
Total equity and liabilities	366,861,253	360,810,673	385,155,670	379,784,205	350,405,315

Classification

21st company classification

BETA

Individual SMB enterprise

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

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