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C

CITY OF FRIENDS AS993 028 789

Limited company
3. etasje Eidsvågveien 150 5105 EIDSVÅG I ÅSANE, Norge

CITY OF FRIENDS AS

Organization

CEO
SM

Silje Marie Ustvedt Storrud1991

Chairman of the board
JO

Jan Olav Jørgensen1962

Years since formation
17 years
since Aug 30, 2008
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
157,513,874
1 share class
Total number of shareholders
9
7 companies, 2 persons
Belongs to group of

Financials

Total operating income 2024
2,488,620
NOK
Annual total result 2024
-3,773,748
NOK
Total equity 2024
-7,903,572
NOK
Last update: Sep 9, 2025

Management

Management / administration

NameRoleShares
SM

Silje Marie Ustvedt Storrud

1991

Managing Director/CEO-

Board

NameRoleShares
JO

Jan Olav Jørgensen

1962

Chairman
45.41 %
indirectly
RT

Rolf Tore Andersen

1955

Board Member-
SL

Stein Lønne

1959

Board Member-
MS

Mathias Starefoss Andersen

1994

Board Member-

Others

NameRoleShares
B
BJØRGVIN REVISJON AS
Auditor-
B
BDO AS
Accountant-

Top 10 individual shareholders

NameRoleShares
JO

Jan Olav Jørgensen

1962

Chairman
45.41 %
indirectly
BM

Bjørn Mørner

1964

-
2.47 %
indirectly
BG

Bjørn Guldberg

1960

-
1.71 %
indirectly
FM

Fred Morten Solberg

1962

-
1.16 %
indirectly
Last update: Jan 18, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
B
BRANDS OF BERGEN AS
Ordinary shares
143,045,766
90.81 %
O
OLDERNES EIENDOMSELSKAP AS
Ordinary shares
5,212,736
3.31 %
H
HÅSTEIN EIENDOM AS
Ordinary shares
3,240,972
2.06 %
B
BELLY INVEST AS
Ordinary shares
2,696,806
1.71 %
F
FREDAEN HOLDING AS
Ordinary shares
1,825,226
1.16 %
T
TUFT INVEST AS
Ordinary shares
762,661
0.48 %
EK

Erik Kvamme

1945

Ordinary shares
497,861
0.32 %
A
ATHENA INVEST AS
Ordinary shares
223,802
0.14 %
LA

Leif Andresen

1966

Ordinary shares
8,044
< 0.01 %
Last update: Jun 2, 2025

Group structure

  • A J HOLDING AS
    Total operating income 2024: NOK 0
    Operating profit 2024: NOK -312,218
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
2,488,620
2,386,146
3,411,514
2,800,146
Annual Total Result
-3,773,748
-2,644,626
-1,474,756
-1,464,358
Total assets
3,841,977
3,945,808
3,738,312
2,245,662
Total liabilities
11,745,549
8,075,633
5,223,510
2,256,105
Total equity
-7,903,572
-4,129,825
-1,485,199
-10,443

P&L

Year2024202320222021
Total operating income
2,488,620
2,386,146
3,411,514
2,800,146
Total operating costs
5,788,926
4,692,676
4,670,344
4,206,906
Operating result
-3,300,306
-2,306,531
-1,258,830
-1,406,760
Financial income/costs
-473,442
-338,095
-215,926
-57,598
Profit before tax
-3,773,748
-2,644,626
-1,474,756
-1,464,358
Total tax & extraordinary income/cost
0
0
0
0
Annual Total Result
-3,773,748
-2,644,626
-1,474,756
-1,464,358

Balance overview

Year2024202320222021
Total fixed assets
2,690,236
2,814,173
1,834,074
751,000
Total current assets
1,151,741
1,131,635
1,904,238
1,494,662
Total assets
3,841,977
3,945,808
3,738,312
2,245,662
Short term debt
748,403
723,947
1,209,210
525,225
Long term debt
10,997,146
7,351,686
4,014,300
1,730,880
Total liabilities
11,745,549
8,075,633
5,223,510
2,256,105
Contributed capital
78,756,937
78,756,937
78,756,937
78,756,937
Retained earnings
-86,660,509
-82,886,762
-80,242,136
-78,767,380
Total equity
-7,903,572
-4,129,825
-1,485,199
-10,443
Total equity and liabilities
3,841,977
3,945,808
3,738,312
2,245,662

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