VESTKANTEN AS • 928654931 • Oslo • Real estate activities

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Goods and trade

/ 68.209 Other letting of real estate

VESTKANTEN AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: RF
Rolf Fartein Tvedte1962
Chairman of the board: DT
Dag Tangevald-Jensen1960
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 20

Ownership

Number of shares and share classes: 318,750; 1 share class
Total number of shareholders: 8; companies
Belongs to group of

Financials

Total operating income 2024: 181,836,416; NOK
Annual total result 2024: 44,748,943; NOK
Total equity 2024: 385,443,779; NOK

Last update: Aug 11, 2025

Management

Management / administration

Name	Role	Shares
RF Rolf Fartein Tvedte 1962	Managing Director/CEO	-

Board

Name	Role	Shares
T THON GRUPPEN AS	Business Manager	-
DT Dag Tangevald-Jensen 1960	Chairman	-
AF Arild Faugstad 1964	Board Member	2.11 % indirectly
EM Ernst Morten Einarsen 1963	Alternate Member	-
GI Gry Ingunn Flataker 1971	Board Member	-
AH Annette Hofgaard 1975	Alternate Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-
T THON GRUPPEN AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HF Hege Faugstad 1990	-	4.22 % indirectly
SF Silje Faugstad 1994	-	4.22 % indirectly
AF Arild Faugstad 1964	Board Member	2.11 % indirectly

Last update: Dec 31, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
O Olav Thon Eiendomsselskap ASA	Ordinary shares	283,291	88.88 %
S SAFARI INVEST AS	Ordinary shares	33,623	10.55 %
R ROLF TVEDTE AS	Ordinary shares	1,083	0.34 %
P PER OG PÅL AS	Ordinary shares	459	0.14 %
B BRIO VESTKANTEN AS	Ordinary shares	123	0.04 %
F F LOHNE AS	Ordinary shares	100	0.03 %
T TASTY AS	Ordinary shares	51	0.02 %
J JOHNSTAD HOLDING AS	Ordinary shares	20	< 0.01 %

Shares owned by the VESTKANTEN AS

Name	Share class	Total number of shares	Share
V VESTKANTEN OPPLEVELSER AS	Ordinary shares	100	100 %
B BOWLING 1 VESTKANTEN AS	Ordinary shares	500	100 %

Last update: Jun 2, 2025

Group structure

OLAV THON STIFTELSEN
Total operating income 2024: NOK 0
Operating profit 2024: NOK -26,213,105
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	181,836,416	190,119,051	164,281,736	150,982,032
Annual Total Result	44,748,943	49,881,405	33,749,008	30,635,668
Total assets	824,543,422	820,173,523	839,386,223	835,200,653
Total liabilities	439,099,643	407,793,686	442,672,790	408,486,229
Total equity	385,443,779	412,379,837	396,713,432	426,714,424

P&L

Year	2024	2023	2022	2021
Total operating income	181,836,416	190,119,051	164,281,736	150,982,032
Total operating costs	112,577,235	113,037,374	108,234,879	99,737,472
Operating result	69,259,181	77,081,677	56,046,857	51,244,560
Financial income/costs	-11,349,260	-12,560,316	-12,569,812	-11,788,776
Profit before tax	57,909,921	64,521,361	43,477,045	39,455,784
Total tax & extraordinary income/cost	13,160,978	14,639,956	9,728,037	8,820,116
Annual Total Result	44,748,943	49,881,405	33,749,008	30,635,668

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	784,637,015	751,704,251	718,449,115	717,057,493
Total current assets	39,906,407	68,469,272	120,937,108	118,143,161
Total assets	824,543,422	820,173,523	839,386,223	835,200,653
Short term debt	408,756,004	106,458,226	125,652,382	83,839,826
Long term debt	30,343,639	301,335,460	317,020,408	324,646,403
Total liabilities	439,099,643	407,793,686	442,672,790	408,486,229
Contributed capital	75,543,750	75,543,750	75,543,750	75,543,750
Retained earnings	309,900,029	336,836,087	321,169,682	351,170,674
Total equity	385,443,779	412,379,837	396,713,432	426,714,424
Total equity and liabilities	824,543,422	820,173,523	839,386,222	835,200,653

Classification

Category

Goods and trade

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

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate