CAMAR EIENDOM AS • 996099857 • Stavanger • Construction of buildings

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/ Purchase and sale

CAMAR EIENDOM AS

Keywords

real estatesalesdevelopment

Organization

CEO: ØM
Øyvind Mikalsen1976
Chairman of the board: SE
Sindre Ertvaag1984
Years since formation: 14 years; since Oct 26, 2010
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100,000; 1 share class
Total number of shareholders: 3; companies
Belongs to group of

Financials

Total operating income 2023: 750,000; NOK
Annual total result 2023: -108,538,510; NOK
Total equity 2023: 429,956,398; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
ØM Øyvind Mikalsen 1976	Managing Director/CEO	4 % indirectly

Board

Name	Role	Shares
SE Sindre Ertvaag 1984	Chairman	17.64 % indirectly
OE Ole Ertvaag 1963	Board Member	24 % indirectly
JA John Arild Ertvaag 1955	Board Member	-

Others

Name	Role	Shares
D DELOITTE AS	Auditor	-
K KJELL HAVER REGNSKAPSSERVICE AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
OE Ole Ertvaag 1963	Board Member	24 % indirectly
SE Sindre Ertvaag 1984	Chairman	17.64 % indirectly
SE Silje Ertvaag 1982	-	17.64 % indirectly
SE Stine Ertvaag 1990	-	17.64 % indirectly
ØM Øyvind Mikalsen 1976	Managing Director/CEO	4 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
C CAMAR AS	Ordinary shares	72,000	72 %
E EFØY INVESTERING AS	Ordinary shares	24,000	24 %
S SIMA EIENDOM 1 AS	Ordinary shares	4,000	4 %

Shares owned by the CAMAR EIENDOM AS

Name	Share class	Number of shares	Share
C CAMAR EIENDOM NEWCO AS	Ordinary shares	500,000	100 %
T TOLLBODEN EIENDOM STAVANGER AS	Ordinary shares	30,000	100 %
D DOMKIRKEPLASSEN 3 AS	Ordinary shares	10,000	100 %
C CAMAR EIENDOM HOLDCO AS	Ordinary shares	30,000	100 %
T TINNGATA 8 AS	Ordinary shares	15,000	50 %
S SUNDEN AS	Ordinary shares	5,000	50 %
H H2O EIENDOM AS	Ordinary shares	250,000	25 %
S SVG PROPERTY AS	Ordinary shares	212,945	21.29 %
C COOP KLEPP EIENDOM AS	Ordinary shares	10	10 %
B BADEHUSGATA INVEST AS	A-shares	500	5 %
R REQ REAL ESTATE FUND I AS	Ordinary shares	55,133	1.41 %

Last update: May 24, 2024

Group structure

CAMAR AS
Total operating income 2023: NOK 7,917,175
Operating profit 2023: NOK -16,369,257
Employees: 5

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	750,000	2,995,833	1,695,000
Annual Total Result	-108,538,510	101,131,979	29,421,012
Total assets	592,585,062	630,610,255	455,284,928
Total liabilities	162,628,664	152,115,347	110,301,999
Total equity	429,956,398	478,494,908	344,982,929

P&L

Year	2023	2022	2021
Total operating income	750,000	2,995,833	1,695,000
Total operating costs	6,636,498	7,734,316	6,295,046
Operating result	-5,886,498	-4,738,483	-4,600,046
Financial income/costs	-102,322,648	105,183,337	33,778,854
Profit before tax	-108,209,146	100,444,854	29,178,808
Total tax & extraordinary income/cost	329,364	-687,125	-242,204
Annual Total Result	-108,538,510	101,131,979	29,421,012

Balance overview

Year	2023	2022	2021
Total fixed assets	575,493,806	625,499,622	415,604,292
Total current assets	17,091,256	5,110,633	39,680,636
Total assets	592,585,062	630,610,255	455,284,928
Short term debt	111,430,588	108,003,461	78,020,933
Long term debt	51,198,076	44,111,886	32,281,066
Total liabilities	162,628,664	152,115,347	110,301,999
Contributed capital	316,480,000	256,480,000	224,100,000
Retained earnings	113,476,398	222,014,908	120,882,929
Total equity	429,956,398	478,494,908	344,982,929
Total equity and liabilities	592,585,062	630,610,255	455,284,928

Classification

Category

/ Purchase and sale

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

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

41.109

Industrial group

Other development and sale of real estate