SANDBÆKKEN EIENDOM AS • 981944666 • Asker • Real estate activities

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/ Other Real Estate

/ 68.320 Management of real estate on a fee or contract basis

SANDBÆKKEN EIENDOM AS

Organization

CEO: GS
Geir Sandbækken1954
Chairman of the board: GS
Geir Sandbækken1954
Years since formation: 25 years; since May 19, 2000
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 1,000; 2 share classes
Total number of shareholders: 6; companies

Financials

Total operating income 2024: 808,362; NOK
Annual total result 2024: 320,889; NOK
Total equity 2024: 3,775,410; NOK

Last update: Jul 28, 2025

Management

Management / administration

Name	Role	Shares
GS Geir Sandbækken 1954	Managing Director/CEO	8 % indirectly

Board

Name	Role	Shares
GS Geir Sandbækken 1954	Chairman	8 % indirectly
AW Arve Wiborg 1939	Board Member	-
AS Andre Sandbækken 1985	Board Member	5 % indirectly

Others

Name	Role	Shares
R REVISJONSFIRMAET HOTVEDT & CO AS	Auditor	-
N NORD SERVICES AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
MM Mads Mulelid Sandbækken 1987	-	32 % indirectly
KS Kristian Sandbækken 1988	-	20 % indirectly
GS Geir Sandbækken 1954	Managing Director/CEO, Chairman	8 % indirectly
AS Andre Sandbækken 1985	Board Member	5 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
W WMG HOLDING AS	Class B shares	400	40 %
S SANDBÆKKEN INVEST AS	Class B shares	200	20 %
K KRISTIAN SANDBÆKKEN HOLDING AS	Class B shares	200	20 %
W WMG HOLDING AS	A-shares	100	10 %
S SANDBÆKKEN INVEST AS	A-shares	50	5 %
K KRISTIAN SANDBÆKKEN HOLDING AS	A-shares	50	5 %

Last update: Jun 2, 2025

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	808,362	2,028,739	874,652	27,664,217
Annual Total Result	320,889	945,382	148,646	17,964,615
Total assets	4,339,171	12,859,778	11,705,546	32,554,678
Total liabilities	563,761	9,405,257	9,196,407	30,194,185
Total equity	3,775,410	3,454,521	2,509,139	2,360,493

P&L

Year	2024	2023	2022	2021
Total operating income	808,362	2,028,739	874,652	27,664,217
Total operating costs	538,388	763,027	516,780	4,644,564
Operating result	269,974	1,265,712	357,872	23,019,653
Financial income/costs	142,846	-53,238	-164,482	11,904
Profit before tax	412,820	1,212,474	193,390	23,031,557
Total tax & extraordinary income/cost	91,931	267,092	44,744	5,066,942
Annual Total Result	320,889	945,382	148,646	17,964,615

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	1,499,988	1,534,993	1,506,490	1,541,856
Total current assets	2,839,183	11,324,785	10,199,056	31,012,822
Total assets	4,339,171	12,859,778	11,705,546	32,554,678
Short term debt	186,265	399,026	198,693	29,281,161
Long term debt	377,496	9,006,231	8,997,714	913,024
Total liabilities	563,761	9,405,257	9,196,407	30,194,185
Contributed capital	100,000	100,000	100,000	100,000
Retained earnings	3,675,410	3,354,521	2,409,139	2,260,493
Total equity	3,775,410	3,454,521	2,509,139	2,360,493
Total equity and liabilities	4,339,171	12,859,778	11,705,546	32,554,678

Classification

Category

/ Other Real Estate

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