KULÅS UTVIKLING AS • 914378826 • Oslo • Real estate activities

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Goods and trade

/ 68.209 Other letting of real estate

KULÅS UTVIKLING AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board: YT
Yngvar Titterud1952
Years since formation: 11 years; since Oct 29, 2014
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 300; 1 share class
Total number of shareholders: 3; companies

Financials

Total operating income 2024: 734,287; NOK
Annual total result 2024: 101,511; NOK
Total equity 2024: 9,675,484; NOK

Last update: May 21, 2025

Management

Board

Name	Role	Shares
AJ Atle Johannes Hermansen 1961	Contact Person	-
YT Yngvar Titterud 1952	Chairman	25 % indirectly
AG Arnstein Granlie 1957	Board Member	-
OR Ove Roger Skår 1962	Board Member	18 % indirectly
RG Richard Gisle Eidissen 1955	Board Member	15.5 % indirectly

Others

Name	Role	Shares
A ATHENE ACCOUNTING AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
YT Yngvar Titterud 1952	Chairman	25 % indirectly
OR Ove Roger Skår 1962	Board Member	18 % indirectly
RG Richard Gisle Eidissen 1955	Board Member	15.5 % indirectly
SR Skule Reiersen 1965	-	7 % indirectly
JE Jan Erling Grav 1961	-	5.5 % indirectly
MA Morten André Bergerud-Karlsen 1970	-	3 % indirectly
JF John Fredrik Martinsen 1973	-	1 % indirectly

Last update: Aug 22, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
O OVE SKÅR GRUPPEN AS	Ordinary shares	150	50 %
F FSU II AS	Ordinary shares	75	25 %
O ORIGO HOLDING AS	Ordinary shares	75	25 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	734,287	2,399,698	12,475,068	65,164,261
Annual Total Result	101,511	-104,494	7,338,151	41,490,158
Total assets	9,881,721	11,532,969	27,152,038	142,355,681
Total liabilities	206,237	1,958,996	14,473,570	123,815,363
Total equity	9,675,484	9,573,974	12,678,468	18,540,317

P&L

Year	2024	2023	2022	2021
Total operating income	734,287	2,399,698	12,475,068	65,164,261
Total operating costs	560,522	2,542,575	1,840,178	6,483,990
Operating result	173,766	-142,877	10,634,891	58,680,271
Financial income/costs	-43,397	11,797	-1,665,874	-5,440,088
Profit before tax	130,369	-131,080	8,969,017	53,240,183
Total tax & extraordinary income/cost	28,858	-26,586	1,630,866	11,750,025
Annual Total Result	101,511	-104,494	7,338,151	41,490,158

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	9,088,629	9,360,577	12,488,309	10,962,379
Total current assets	793,092	2,172,392	14,663,729	131,393,302
Total assets	9,881,721	11,532,969	27,152,038	142,355,681
Short term debt	206,237	1,958,996	14,473,570	123,815,363
Long term debt	0	0	0	0
Total liabilities	206,237	1,958,996	14,473,570	123,815,363
Contributed capital	5,050,159	5,050,159	5,050,159	5,050,159
Retained earnings	4,625,325	4,523,815	7,628,309	13,490,158
Total equity	9,675,484	9,573,974	12,678,468	18,540,317
Total equity and liabilities	9,881,721	11,532,969	27,152,038	142,355,681

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