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A

AVOCET AS988 318 817

Other Real Estate
Limited company
Løkkeveien 111 4007 STAVANGER, Norge

Organization

CEO
Chairman of the board
Years since formation
20 years
since Jun 13, 2005
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
10,000
1 share class
Total number of shareholders
1
person

Financials

Annual total result 2024
8,771,503
NOK
Total equity 2024
1,168,973,756
NOK
Last update: Jul 1, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman
100 %
directly
Board Member-
Board Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Chairman
100 %
directly
Last update: Jun 14, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
Ordinary shares
10,000
100 %

Shares owned by the AVOCET AS

NameShare classTotal number of sharesShare
S
SMEDVIG AS
Ordinary shares
84,822
12 %
Last update: Jun 2, 2025

Financials

in NOK

Summary

Year2024202320222021
Total operating income
0
48,089,585
14,254,782
13,127,357
Annual Total Result
8,771,503
38,487,576
11,466,511
10,934,879
Total assets
1,231,456,912
1,244,878,318
1,349,423,941
1,364,951,514
Total liabilities
62,483,156
24,676,065
145,709,263
131,403,348
Total equity
1,168,973,756
1,220,202,253
1,203,714,677
1,233,548,167

P&L

Year2024202320222021
Total operating income
0
48,089,585
14,254,782
13,127,357
Total operating costs
897,132
738,470
717,801
622,218
Operating result
-897,132
47,351,115
13,536,981
12,505,139
Financial income/costs
12,146,507
-190,388
-2,220,923
-1,870,660
Profit before tax
11,249,374
47,160,728
11,316,059
10,634,479
Total tax & extraordinary income/cost
2,477,871
8,673,152
-150,452
-300,400
Annual Total Result
8,771,503
38,487,576
11,466,511
10,934,879

Balance overview

Year2024202320222021
Total fixed assets
1,003,322,770
1,103,927,619
1,337,185,179
1,337,034,727
Total current assets
228,134,143
140,950,699
12,238,762
27,916,788
Total assets
1,231,456,912
1,244,878,318
1,349,423,941
1,364,951,514
Short term debt
62,483,156
24,676,065
145,709,263
131,403,348
Long term debt
0
0
0
0
Total liabilities
62,483,156
24,676,065
145,709,263
131,403,348
Contributed capital
50,000,000
113,550,000
113,550,000
153,550,000
Retained earnings
1,118,973,756
1,106,652,253
1,090,164,677
1,079,998,167
Total equity
1,168,973,756
1,220,202,253
1,203,714,677
1,233,548,167
Total equity and liabilities
1,231,456,912
1,244,878,318
1,349,423,941
1,364,951,514

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
L
Main industrial area
Real estate activities
68
Activity
Real estate activities
68.3
Main industrial group
Real estate activities on a fee or contract basis
68.32
Industrial group
Management of real estate on a fee or contract basis
68.320
Industrial group
Management of real estate on a fee or contract basis