OLYMPIC EIENDOM AS • 985930465 • Fosnavåg • Real estate activities

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Goods and trade

OLYMPIC EIENDOM AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: BI
Bjørn Inge Kvalsund1953
Chairman of the board: SR
Stig Rune Remøy1959
Years since formation: 21 years; since Aug 18, 2003
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

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

Financials

Total operating income 2023: 2,873,424; NOK
Annual total result 2023: 1,275,454; NOK
Total equity 2023: 18,335,217; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
BI Bjørn Inge Kvalsund 1953	Managing Director/CEO	24 % indirectly

Board

Name	Role	Shares
SR Stig Rune Remøy 1959	Chairman	70 % indirectly
BI Bjørn Inge Kvalsund 1953	Board Member	24 % indirectly
OR Oddlaug Ekroll Stokke Remøy 1970	Board Member	-

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
SR Stig Rune Remøy 1959	Chairman	70 % indirectly
BI Bjørn Inge Kvalsund 1953	Managing Director/CEO, Board Member	24 % indirectly
KK Kristofer Sløgedal Kvalsund 1997	-	3 % indirectly
MK Merete Sløgedal Kvalsund 1994	-	3 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
O OLYMPIC GROUP AS	Ordinary shares	4,200	70 %
O OMEGA MARITIME AS	Ordinary shares	1,800	30 %

Shares owned by the OLYMPIC EIENDOM AS

Name	Share class	Number of shares	Share
S SUNNMØRSBADET FOSNAVÅG AS	Ordinary shares	1,315	15.65 %
F FOSNAVÅG KONSERTHUS AS	Ordinary shares	1,000	6.6 %
H HAREID FASTLANDSAMBAND AS	Ordinary shares	200	2.08 %

Last update: May 24, 2024

Group structure

OLYMPIC GROUP AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -1,544,468
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	2,873,424	2,687,952	2,626,824
Annual Total Result	1,275,454	1,141,932	1,022,196
Total assets	34,451,951	33,635,439	34,134,842
Total liabilities	16,116,734	16,575,676	18,217,011
Total equity	18,335,217	17,059,763	15,917,831

P&L

Year	2023	2022	2021
Total operating income	2,873,424	2,687,952	2,626,824
Total operating costs	1,091,845	1,053,184	1,146,591
Operating result	1,781,579	1,634,768	1,480,233
Financial income/costs	-146,238	-170,732	-169,727
Profit before tax	1,635,342	1,464,036	1,310,507
Total tax & extraordinary income/cost	359,888	322,104	288,311
Annual Total Result	1,275,454	1,141,932	1,022,196

Balance overview

Year	2023	2022	2021
Total fixed assets	19,399,752	20,102,752	20,787,752
Total current assets	15,052,199	13,532,687	13,347,090
Total assets	34,451,951	33,635,439	34,134,842
Short term debt	983,727	751,484	1,619,044
Long term debt	15,133,007	15,824,192	16,597,967
Total liabilities	16,116,734	16,575,676	18,217,011
Contributed capital	6,000,000	6,000,000	6,000,000
Retained earnings	12,335,217	11,059,763	9,917,831
Total equity	18,335,217	17,059,763	15,917,831
Total equity and liabilities	34,451,951	33,635,439	34,134,842

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