FRONT SEA AS • 922019436 • Sandefjord • Real estate activities

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FRONT SEA AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

CEO: GM
Geir Martin Aatangen1971
Chairman of the board: GM
Geir Martin Aatangen1971
Years since formation: 5 years; since Jan 7, 2019
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 300; 1 share class
Total number of shareholders: 2; 1 company, 1 person

Financials

Annual total result 2023: 239,023; NOK
Total equity 2023: 4,484,162; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
GM Geir Martin Aatangen 1971	Managing Director/CEO	50 % directly

Board

Name	Role	Shares
GM Geir Martin Aatangen 1971	Chairman	50 % directly
HC Hans Christian Solhaug 1965	Board Member	35 % indirectly

Others

Name	Role	Shares
R REVISJONSFIRMAET SCHUMACHER & HAMMER AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
GM Geir Martin Aatangen 1971	Managing Director/CEO, Chairman	50 % directly
HC Hans Christian Solhaug 1965	Board Member	35 % indirectly
VS Vegard Solhaug 1994	-	7.5 % indirectly
ES Eskil Solhaug 1991	-	7.5 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
G GUAHLOS HOLDING AS	Ordinary shares	150	50 %
GM Geir Martin Aatangen 1971	Ordinary shares	150	50 %

Shares owned by the FRONT SEA AS

Name	Share class	Number of shares	Share
F FRONT CORNER AS	Ordinary shares	50	50 %
J JEGERSBORGGATA 2 AS	Ordinary shares	5,000	50 %
F FRONTHOUSE AS	Ordinary shares	500	33.33 %
F FRONT BRANDS AS	Ordinary shares	90	30 %
F FRONTSIDE AS	Ordinary shares	300	30 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022
Total operating income	0	0
Annual Total Result	239,023	1,045,172
Total assets	5,620,773	5,603,779
Total liabilities	1,136,611	4,178,640
Total equity	4,484,162	1,425,140

P&L

Year	2023	2022
Total operating income	0	0
Total operating costs	25,932	16,870
Operating result	-25,932	-16,870
Financial income/costs	264,955	1,062,042
Profit before tax	239,023	1,045,172
Total tax & extraordinary income/cost	0	0
Annual Total Result	239,023	1,045,172

Balance overview

Year	2023	2022
Total fixed assets	5,557,775	5,557,775
Total current assets	62,998	46,004
Total assets	5,620,773	5,603,779
Short term debt	761,689	3,803,718
Long term debt	374,922	374,922
Total liabilities	1,136,611	4,178,640
Contributed capital	2,850,000	30,000
Retained earnings	1,634,162	1,395,140
Total equity	4,484,162	1,425,140
Total equity and liabilities	5,620,773	5,603,780

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

68.1

Main industrial group

Buying and selling of own real estate

68.10

Industrial group

Buying and selling of own real estate

68.100

Industrial group

Buying and selling of own real estate