PROGRESSIO BRAGE FINANS AS • 888981012 • Porsgrunn • Real estate activities

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Goods and trade

PROGRESSIO BRAGE FINANS AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: PK
Petter Kristen Skjelsøy Øygarden1956
Years since formation: 19 years; since Jan 19, 2006
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 3; 2 companies, 1 person
Belongs to group of

Financials

Annual total result 2023: -348,930; NOK
Total equity 2023: 17,534,951; NOK

Last update: Oct 24, 2024

Management

Board

Name	Role	Shares
PK Petter Kristen Skjelsøy Øygarden 1956	Contact Person, Chairman	70 % directly
LG Liv Grundseth 1956	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
PK Petter Kristen Skjelsøy Øygarden 1956	Contact Person, Chairman	70 % directly
LØ Live Grundseth Øygarden 1987	-	15 % indirectly
BØ Brage Grundseth Øygarden 1989	-	15 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
PK Petter Kristen Skjelsøy Øygarden 1956	Ordinary shares	70	70 %
L LLL AS	Ordinary shares	15	15 %
B BRAGE LYKKE AS	Ordinary shares	15	15 %

Shares owned by the PROGRESSIO BRAGE FINANS AS

Name	Share class	Number of shares	Share
O OYGARDEN AS	Ordinary shares	10,764	100 %
A AKER HORIZONS ASA	NO0010921232	1,500	< 0.01 %
E EMERGING EUROPE LAND DEVELOPMENT AS	NO0010447675	42,000	< 0.01 %

Last update: May 24, 2024

Group structure

PROGRESSIO BRAGE FINANS AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -193,950
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	2,687,965
Annual Total Result	-348,930	-2,349,272	32,107,874
Total assets	18,037,295	114,992,270	117,535,345
Total liabilities	502,345	95,908,389	85,102,192
Total equity	17,534,951	19,083,881	32,433,153

P&L

Year	2023	2022	2021
Total operating income	0	0	2,687,965
Total operating costs	193,950	378,916	107,840
Operating result	-193,950	-378,916	2,580,125
Financial income/costs	-119,580	-2,315,005	30,186,592
Profit before tax	-313,530	-2,693,921	32,766,717
Total tax & extraordinary income/cost	35,400	-344,649	658,843
Annual Total Result	-348,930	-2,349,272	32,107,874

Balance overview

Year	2023	2022	2021
Total fixed assets	14,562,966	111,156,128	115,001,499
Total current assets	3,474,329	3,836,143	2,533,846
Total assets	18,037,295	114,992,270	117,535,345
Short term debt	327,492	95,768,936	84,618,090
Long term debt	174,853	139,453	484,102
Total liabilities	502,345	95,908,389	85,102,192
Contributed capital	31,900	31,900	31,900
Retained earnings	17,503,051	19,051,981	32,401,253
Total equity	17,534,951	19,083,881	32,433,153
Total equity and liabilities	18,037,295	114,992,270	117,535,345

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