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HVALEN UTVIKLING AS

HVALEN UTVIKLING AS934 125 150

Rental
Limited company
Storgata 33 3256 LARVIK, Norge

HVALEN UTVIKLING AS

Keywords

apartmentsrentalagricultural landagricultural properties

Links

Organization

Chairman of the board
Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
8,825,127
NOK
Annual total result 2024
-3,285,775
NOK
Total equity 2024
96,715,541
NOK
Last update: May 7, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman
100 %
indirectly

Others

NameRoleShares
B
BDO AS
Auditor-
D
DEKON REGNSKAP AS
Accountant-

Top 10 individual shareholders

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

Ownership

Company shareholders

NameShare classTotal number of sharesShare
H
HEIL VED AS
Ordinary shares
100
100 %
Last update: May 24, 2024

Group structure

  • Total operating income 2024: NOK 90,639
    Operating profit 2024: NOK -1,675,871
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
8,825,127
8,424,751
16,464,473
118,162,168
Annual Total Result
-3,285,775
-3,499,802
-5,084,381
10,686,841
Total assets
234,476,080
235,657,516
241,738,774
250,267,204
Total liabilities
137,760,539
135,656,200
138,237,656
197,149,345
Total equity
96,715,541
100,001,317
103,501,118
53,117,859

P&L

Year2024202320222021
Total operating income
8,825,127
8,424,751
16,464,473
118,162,168
Total operating costs
5,272,698
5,546,125
15,526,081
100,836,208
Operating result
3,552,429
2,878,626
938,392
17,325,961
Financial income/costs
-7,764,060
-7,365,553
-7,500,745
-3,668,987
Profit before tax
-4,211,630
-4,486,927
-6,562,353
13,656,974
Total tax & extraordinary income/cost
-925,855
-987,125
-1,477,972
2,970,133
Annual Total Result
-3,285,775
-3,499,802
-5,084,381
10,686,841

Balance overview

Year2024202320222021
Total fixed assets
229,175,915
226,274,198
226,190,937
222,653,096
Total current assets
5,300,166
9,383,318
15,547,837
27,614,108
Total assets
234,476,080
235,657,516
241,738,774
250,267,204
Short term debt
1,873,845
2,656,200
2,998,186
24,072,269
Long term debt
135,886,694
133,000,000
135,239,470
173,077,076
Total liabilities
137,760,539
135,656,200
138,237,656
197,149,345
Contributed capital
103,501,118
103,501,118
103,501,118
53,851,118
Retained earnings
-6,785,577
-3,499,801
0
-733,259
Total equity
96,715,541
100,001,317
103,501,118
53,117,859
Total equity and liabilities
234,476,080
235,657,516
241,738,774
250,267,204

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
68.2
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