UTHUSSETRA UTBYGGING AS • 989130056 • Oslo • Construction of buildings

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/ Purchase and sale

/ 41.109 Other development and sale of real estate

UTHUSSETRA UTBYGGING AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board: MR
Martin Rustøy1982
Years since formation: 19 years; since Jan 7, 2006
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 10,200,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 6,580,536; NOK
Annual total result 2024: -438,048; NOK
Total equity 2024: 11,998,112; NOK

Last update: Jun 14, 2025

Management

Board

Name	Role	Shares
MR Martin Rustøy 1982	Chairman	-
HS Halvor Strømme Devold 1994	Board Member	-

Others

Name	Role	Shares
F FORVIS MAZARS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
SH Stig Hvinden 1951	-	20 % indirectly
MS Mikkel Sandvold 1990	-	12.5 % indirectly
SH Sandvold Hagen Rikke 1992	-	12.5 % indirectly

Last update: Apr 12, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SANDVOLD DEVELOPMENT AS	Ordinary shares	10,200,000	100 %

Last update: Jun 2, 2025

Group structure

SANDVOLDGRUPPEN AS
Total operating income 2023: NOK 11,535,000
Operating profit 2023: NOK -5,806,527
Employees: 7

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	6,580,536	30,561,652	37,479,969	30,794,242
Annual Total Result	-438,048	1,198,978	2,509,447	2,944,999
Total assets	14,974,548	29,603,752	57,932,818	55,081,963
Total liabilities	2,976,437	16,107,250	41,633,214	38,958,544
Total equity	11,998,112	13,496,502	16,299,603	16,123,418

P&L

Year	2024	2023	2022	2021
Total operating income	6,580,536	30,561,652	37,479,969	30,794,242
Total operating costs	7,726,488	27,683,394	33,114,075	26,648,715
Operating result	-1,145,952	2,878,258	4,365,894	4,145,527
Financial income/costs	584,352	-1,340,311	-1,148,655	-369,887
Profit before tax	-561,600	1,537,946	3,217,239	3,775,639
Total tax & extraordinary income/cost	-123,552	338,968	707,792	830,640
Annual Total Result	-438,048	1,198,978	2,509,447	2,944,999

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	337,002	0	0	1,292
Total current assets	14,637,546	29,603,752	57,932,818	55,080,671
Total assets	14,974,548	29,603,752	57,932,818	55,081,963
Short term debt	2,976,437	16,021,629	40,757,769	38,132,792
Long term debt	0	85,621	875,445	825,752
Total liabilities	2,976,437	16,107,250	41,633,214	38,958,544
Contributed capital	11,998,112	12,820,271	12,820,271	12,820,271
Retained earnings	0	676,231	3,479,332	3,303,147
Total equity	11,998,112	13,496,502	16,299,603	16,123,418
Total equity and liabilities	14,974,548	29,603,752	57,932,818	55,081,963

Classification

Category

/ Purchase and sale

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