MIDGARDVEIEN 16 UTVIKLING AS
Operating
Utvikling av fast eiendom og alt som står i naturlig forbindelse med
dette.
Utvikling av fast eiendom
Organization
- CEO
 - KS
 - Chairman of the board
 - CA
Cato Allum1974
 - Years since formation
 - 4 years
 - since May 3, 2021
 - Type
 - Limited company
 - VAT registered
 - No
 - Number of employees
 - 0
 
Ownership
- Number of shares and share classes
 - 30,000
 - 1 share class
 - Total number of shareholders
 - 1
 - company
 - Belongs to group of
 
Financials
- Total operating income 2024
 - 1,100,634
 - NOK
 - Annual total result 2024
 - -64,769
 - NOK
 - Total equity 2024
 - -34,488
 - NOK
 
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
KS  | Managing Director/CEO | 50 % indirectly  | 
Board
| Name | Role | Shares | 
|---|---|---|
CA 1974  | Chairman | 50 % indirectly  | 
KS  | Board Member | 50 % indirectly  | 
Others
| Name | Role | Shares | 
|---|---|---|
| Auditor | - | |
| Accountant | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
CA 1974  | Chairman | 50 % indirectly  | 
KS  | Managing Director/CEO, Board Member | 50 % indirectly  | 
Last update: Nov 30, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 30,000  | 100 %  | 
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -4,221,295Employees: 0
 
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
Total operating income  | 1,100,634  | 782,363  | 187,198  | 
Annual Total Result  | -64,769  | -76,294  | -83,136  | 
Total assets  | 42,746,773  | 42,146,835  | 37,843,768  | 
Total liabilities  | 42,781,261  | 42,116,554  | 37,813,492  | 
Total equity  | -34,488  | 30,281  | 30,275  | 
P&L
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
Total operating income  | 1,100,634  | 782,363  | 187,198  | 
Total operating costs  | -715,079  | -1,070,245  | -960,085  | 
Operating result  | 1,815,713  | 1,852,608  | 1,147,282  | 
Financial income/costs  | -1,880,482  | -1,928,980  | -1,230,418  | 
Profit before tax  | -64,769  | -76,372  | -83,136  | 
Total tax & extraordinary income/cost  | 0  | -78  | 0  | 
Annual Total Result  | -64,769  | -76,294  | -83,136  | 
Balance overview
| Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
Total fixed assets  | 42,347,594  | 41,353,057  | 37,380,954  | 
Total current assets  | 399,179  | 793,779  | 462,814  | 
Total assets  | 42,746,773  | 42,146,835  | 37,843,768  | 
Short term debt  | 411,750  | 82,834  | 932,759  | 
Long term debt  | 42,369,511  | 42,033,720  | 36,880,733  | 
Total liabilities  | 42,781,261  | 42,116,554  | 37,813,492  | 
Contributed capital  | 30,000  | 30,000  | 30,000  | 
Retained earnings  | -64,488  | 281  | 275  | 
Total equity  | -34,488  | 30,281  | 30,275  | 
Total equity and liabilities  | 42,746,773  | 42,146,835  | 37,843,767  | 
Classification
21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises