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S

SELVAAG BY AS924 000 333

Limited company
Silurveien 2 0380 OSLO, Norge

SELVAAG BY AS

Organization

CEO
KR

Katharina Ræder Endresen Hernæs1977

Chairman of the board
OH

Olav Hindahl Selvaag1969

Years since formation
6 years
since Dec 3, 2019
Type
Limited company
VAT registered
Yes
Number of employees
5

Ownership

Number of shares and share classes
23,275,586
1 share class
Total number of shareholders
12
11 companies, 1 person
Belongs to group of

Financials

Total operating income 2024
3,254,332
NOK
Annual total result 2024
-84,699,255
NOK
Total equity 2024
1,395,771,928
NOK
Last update: Sep 13, 2025

Management

Management / administration

NameRoleShares
KR

Katharina Ræder Endresen Hernæs

1977

Managing Director/CEO-

Board

NameRoleShares
M
MALLING & CO FORVALTNING AS
Business Manager-
JO

Jan Ole Stangeland

1967

Board Member-
IH

Ingrid Haugen Fougner

1992

Board Member-
PB

Paul Børseth

1964

Board Member-
EA

Erich Alexander Selvaag Holte

1971

Board Member-
HB

Henrik Baumann

1966

Board Member
1.12 %
indirectly
TG

Thomas Gundersen

1972

Alternate Member-
PB

Per Baumann

1971

Alternate Member-
TM

Tore Myrvold

1971

Board Member-
OH

Olav Hindahl Selvaag

1969

Chairman
2.54 %
indirectly
PT

Peter Tidemand Malling

1971

Alternate Member-
GL

Guri Lassen

1982

Alternate Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
M
MALLING & CO FORVALTNING AS
Accountant-

Top 10 individual shareholders

NameRoleShares
GF

Gunnar Frederik Selvaag

1975

-
17.76 %
indirectly
OG

Ole Gunnar Selvaag

1946

-
2.67 %
indirectly
OH

Olav Hindahl Selvaag

1969

Chairman
2.54 %
indirectly
HE

Hermine Elisabeth Midelfart Malling

1971

-
2.13 %
indirectly
PB

Per Baumann

1940

-
1.46 %
indirectly
HB

Henrik Baumann

1966

Board Member
1.12 %
indirectly
Last update: Oct 2, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
SELVAAG AS
Ordinary shares
12,728,080
54.68 %
C
CANICA AS
Ordinary shares
5,394,284
23.18 %
O
OSLO PENSJONSFORSIKRING AS
Ordinary shares
2,232,874
9.59 %
M
MALLING & CO BY AS
Ordinary shares
1,348,270
5.79 %
B
BAUMANN INVEST AS
Ordinary shares
972,490
4.18 %
L
LØRENSKOG KOMMUNALE PENSJONSKASSE
Ordinary shares
440,715
1.89 %
F
FLAT LAND SKI OG TEKNO AS
Ordinary shares
73,906
0.32 %
C
CAMPFIRE AS
Ordinary shares
28,199
0.12 %
KR

Katharina Ræder Endresen Hernæs

1977

Ordinary shares
23,166
0.1 %
S
SELVAAG BY AS
Ordinary shares
18,281
0.08 %
L
LT INVEST AS
Ordinary shares
9,399
0.04 %
W
WENDEL AS
Ordinary shares
5,922
0.03 %

Shares owned by the SELVAAG BY AS

NameShare classTotal number of sharesShare
S
SNØ OSLO HOLDING AS
Ordinary shares
3,000,000
100 %
S
SNØBYEN AS
Ordinary shares
1
100 %
U
UNION EIENDOMSUTVIKLING AS
Ordinary shares
500
50 %
S
SELVAAG BY AS
Ordinary shares
18,281
0.08 %
Last update: Jun 2, 2025

Group structure

  • SELVAAG AS
    Total operating income 2024: NOK 2,313,000
    Operating profit 2024: NOK -61,147,000
    Employees: 13

Financials

in NOK

Summary

Year2024202320222021
Total operating income
3,254,332
398,270
0
0
Annual Total Result
-84,699,255
-683,744,000
-465,182,267
6,249,150
Total assets
1,400,378,262
1,232,881,546
1,840,891,102
1,258,057,212
Total liabilities
4,606,334
3,447,462
32,114,870
453,779,500
Total equity
1,395,771,928
1,229,434,084
1,808,776,232
804,277,712

P&L

Year2024202320222021
Total operating income
3,254,332
398,270
0
0
Total operating costs
23,995,602
16,614,492
12,583,491
697,855
Operating result
-20,741,270
-16,216,222
-12,583,491
-697,855
Financial income/costs
-63,957,984
-667,527,779
-451,679,771
6,028,000
Profit before tax
-84,699,255
-683,744,000
-464,263,262
5,330,145
Total tax & extraordinary income/cost
0
0
919,005
-919,005
Annual Total Result
-84,699,255
-683,744,000
-465,182,267
6,249,150

Balance overview

Year2024202320222021
Total fixed assets
1,374,304,362
1,208,907,178
1,771,246,044
1,224,461,025
Total current assets
26,073,900
23,974,368
69,645,058
33,596,187
Total assets
1,400,378,262
1,232,881,546
1,840,891,102
1,258,057,212
Short term debt
4,606,334
3,447,462
32,114,870
7,500
Long term debt
0
0
0
453,772,000
Total liabilities
4,606,334
3,447,462
32,114,870
453,779,500
Contributed capital
1,395,771,928
2,507,854,721
2,403,452,868
798,030,000
Retained earnings
0
-1,278,420,637
-594,676,636
6,247,712
Total equity
1,395,771,928
1,229,434,084
1,808,776,232
804,277,712
Total equity and liabilities
1,400,378,262
1,232,881,546
1,840,891,102
1,258,057,212

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