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A

ART-UTVIKLING AS921 666 608

Purchase and sale
Limited company
Gamle Isevei 2 1738 BORGENHAUGEN, Norge

ART-UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO
Chairman of the board
Years since formation
7 years
since Nov 5, 2018
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

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

Financials

Total operating income 2024
47,172,710
NOK
Annual total result 2024
-2,085,436
NOK
Total equity 2024
45,751,622
NOK
Last update: Aug 4, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman
100 %
indirectly
Board Member-

Others

NameRoleShares
Auditor-

Top 10 individual shareholders

NameRoleShares
Chairman
100 %
indirectly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
A
ART GRUPPEN AS
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 0
    Operating profit 2024: NOK -74,717
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
47,172,710
38,216,738
100,264,210
97,888,048
Annual Total Result
-2,085,436
-1,913,382
8,312,690
9,017,668
Total assets
119,533,627
129,765,160
121,593,927
143,314,795
Total liabilities
73,782,004
81,928,101
71,843,486
100,629,044
Total equity
45,751,622
47,837,058
49,750,441
42,685,751

P&L

Year2024202320222021
Total operating income
47,172,710
38,216,738
100,264,210
97,888,048
Total operating costs
44,254,730
36,855,583
85,511,381
84,019,160
Operating result
2,917,980
1,361,155
14,752,829
13,868,888
Financial income/costs
-5,591,616
-3,814,209
-4,095,534
-2,329,211
Profit before tax
-2,673,636
-2,453,054
10,657,295
11,539,676
Total tax & extraordinary income/cost
-588,200
-539,672
2,344,605
2,522,008
Annual Total Result
-2,085,436
-1,913,382
8,312,690
9,017,668

Balance overview

Year2024202320222021
Total fixed assets
37,278,657
36,274,454
44,162,943
58,213,186
Total current assets
82,254,970
93,490,705
77,430,984
85,101,609
Total assets
119,533,627
129,765,160
121,593,927
143,314,795
Short term debt
11,145,442
20,778,001
31,463,751
32,619,182
Long term debt
62,636,562
61,150,100
40,379,735
68,009,862
Total liabilities
73,782,004
81,928,101
71,843,486
100,629,044
Contributed capital
20,303,985
20,303,985
20,303,985
20,303,985
Retained earnings
25,447,637
27,533,073
29,446,456
22,381,766
Total equity
45,751,622
47,837,058
49,750,441
42,685,751
Total equity and liabilities
119,533,626
129,765,159
121,593,927
143,314,795

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
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