LARVIK BOLIGBYGGELAG • 950553952 • Larvik • Construction of buildings

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/ Shared ownership

LARVIK BOLIGBYGGELAG

Keywords

cooperative

Organization

CEO: AG
Asle Frantsvåg Granerud1965
Chairman of the board: IS
Ingfrid Svendsen1974
Years since formation: 29 years; since Feb 19, 1995
Type: House building cooperative
VAT registered: Yes
Number of employees: 39

Financials

Total operating income 2023: 73,878,027; NOK
Annual total result 2023: 12,271,530; NOK
Total equity 2023: 105,291,294; NOK

Last update: Oct 14, 2024

Management

Management / administration

Name	Role	Shares
AG Asle Frantsvåg Granerud 1965	Managing Director/CEO	-

Board

Name	Role	Shares
IS Ingfrid Svendsen 1974	Chairman	-
FA Finn Mørch Andersen 1950	Board Member	-
JS Jørgen Samuelsen 1981	Board Member	-
MK Maria Karoline Arvaniti 1985	Board Member	-
TM Torunn Myhre 1954	Alternate Member	-
DR Dag Rune Nilsson Norheim 1982	Alternate Member	-
KH Kjetil Henrik Kristiansen 1980	Board Member	-
EV Eva Vally Idland 1946	Board Member	-
KI Knut Inge Garvåg 1975	Board Member	-
MH Marte Jørnsdotter Hinsch 1988	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Last update: Oct 29, 2024

Ownership

Shares owned by the LARVIK BOLIGBYGGELAG

Name	Share class	Number of shares	Share
L LABO PROSJEKT AS	Ordinary shares	10	100 %
T TORSTVEDTBAKKEN AS	Ordinary shares	100	100 %
L LARVIKMEGLER'N AS	Ordinary shares	3,250	65 %
L LABO ROSE UTVIKLING AS	Ordinary shares	150	50 %
L LARVIK SANERINGSSELSKAP AS	Ordinary shares	100	50 %
L LABO-TI AS	Ordinary shares	50	50 %
Ø ØY 3 BYGG D UTVIKLING AS	Ordinary shares	1	50 %
A AGNES TOMT AS	Ordinary shares	566,896	50 %
T TORSTVET UTVIKLING AS	Ordinary shares	2,500	50 %
F FRENVIKRØNNINGEN AS	Ordinary shares	500	50 %
H HOVLAND PARK AS	Ordinary shares	40	40 %
K KOBBL EIENDOM AS	Ordinary shares	100	16.67 %
B BBL DATAKOMPETANSE AS	Ordinary shares	85,571	1.79 %

Last update: May 24, 2024

Group structure

LARVIK BOLIGBYGGELAG
Total operating income 2023: NOK 73,878,027
Operating profit 2023: NOK 6,621,662
Employees: 39

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	73,878,027	71,105,777	75,606,699
Annual Total Result	12,271,530	4,496,928	8,386,701
Total assets	186,420,708	155,572,275	157,072,632
Total liabilities	81,129,414	62,639,087	68,732,319
Total equity	105,291,294	92,933,189	88,340,311

P&L

Year	2023	2022	2021
Total operating income	73,878,027	71,105,777	75,606,699
Total operating costs	67,256,365	65,789,599	65,165,298
Operating result	6,621,662	5,316,178	10,441,401
Financial income/costs	7,806,468	762,073	509,730
Profit before tax	14,428,130	6,078,251	10,951,131
Total tax & extraordinary income/cost	2,156,600	1,581,323	2,564,430
Annual Total Result	12,271,530	4,496,928	8,386,701

Balance overview

Year	2023	2022	2021
Total fixed assets	146,270,675	114,816,053	106,673,447
Total current assets	40,150,033	40,756,222	50,399,185
Total assets	186,420,708	155,572,275	157,072,632
Short term debt	19,186,784	20,263,077	22,039,942
Long term debt	61,942,630	42,376,010	46,692,377
Total liabilities	81,129,414	62,639,087	68,732,319
Contributed capital	2,682,750	2,596,175	2,500,225
Retained earnings	102,608,544	90,337,014	85,840,086
Total equity	105,291,294	92,933,189	88,340,311
Total equity and liabilities	186,420,708	155,572,276	157,072,630

Classification

Category

/ Shared ownership

Type of organization

House building cooperative

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

F

Main industrial area

Construction

41

Activity

Construction of buildings

41.1

Main industrial group

Development of building projects

41.10

Industrial group

Development of building projects

41.101

Industrial group

House building cooperative