FERNCLIFF PROPERTY AS • 991302786 • Oslo • Real estate activities

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Goods and trade

/ 68.209 Other letting of real estate

FERNCLIFF PROPERTY AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: EL
Espen Lundaas1977
Years since formation: 18 years; since Jun 2, 2007
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1,775; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 4,048,258; NOK
Annual total result 2024: -26,279,500; NOK
Total equity 2024: 505,163,862; NOK

Last update: Jul 30, 2025

Management

Board

Name	Role	Shares
EL Espen Lundaas 1977	Contact Person, Chairman	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
A AMESTO ACCOUNTHOUSE AS	Accountant	-
B BDO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
ØS Øystein Stray Spetalen 1962	-	100 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
F FERNCLIFF TIH AS	Ordinary shares	1,775	100 %

Shares owned by the FERNCLIFF PROPERTY AS

Name	Share class	Total number of shares	Share
H HOLMBOESGATE 8 AS	Ordinary shares	1	100 %
E EILERT SUNDTSGATE 39 AS	Ordinary shares	1,000	100 %
B BYGDØYNESVEIEN 33-37 AS	Ordinary shares	2,470,000	100 %
S SAGA HOTEL OSLO AS	Ordinary shares	1,000	100 %
T THORVALD ERICHSENSVEI EIENDOM AS	Ordinary shares	1,000	100 %
F FEUT AS	Ordinary shares	60,475	85.6 %
V VISITFONNA AS	Ordinary shares	7,666	22.94 %
O OLYMPIQUE NOREFJELL AS	Ordinary shares	1	2.22 %

Last update: Jun 2, 2025

Group structure

FERNCLIFF HOLDING AS
Total operating income 2023: NOK 9,771,000
Operating profit 2023: NOK 7,466,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	4,048,258	109,300	84,700	90,984
Annual Total Result	-26,279,500	-8,603,036	-7,673,981	-6,481,541
Total assets	784,356,337	802,786,076	794,526,653	789,537,516
Total liabilities	279,192,475	271,342,715	260,628,595	255,650,940
Total equity	505,163,862	531,443,362	533,898,058	533,886,577

P&L

Year	2024	2023	2022	2021
Total operating income	4,048,258	109,300	84,700	90,984
Total operating costs	35,203,297	11,360,203	9,599,988	10,504,651
Operating result	-31,155,039	-11,250,903	-9,515,288	-10,413,667
Financial income/costs	5,325,487	898,292	-323,148	2,650,415
Profit before tax	-25,829,552	-10,352,611	-9,838,437	-7,763,252
Total tax & extraordinary income/cost	449,948	-1,749,575	-2,164,456	-1,281,711
Annual Total Result	-26,279,500	-8,603,036	-7,673,981	-6,481,541

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	549,356,185	569,764,277	568,367,389	554,562,779
Total current assets	235,000,152	233,021,799	226,159,264	234,974,738
Total assets	784,356,337	802,786,076	794,526,653	789,537,516
Short term debt	5,529,500	4,966,216	5,005,465	5,603,086
Long term debt	273,662,975	266,376,499	255,623,130	250,047,854
Total liabilities	279,192,475	271,342,715	260,628,595	255,650,940
Contributed capital	427,829,781	427,829,781	421,681,441	413,995,979
Retained earnings	77,334,081	103,613,581	112,216,617	119,890,597
Total equity	505,163,862	531,443,362	533,898,058	533,886,577
Total equity and liabilities	784,356,337	802,786,076	794,526,653	789,537,516

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