SANDVOLDGRUPPEN AS • 920137881 • Oslo • Real estate activities

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Goods and trade

SANDVOLDGRUPPEN AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

CEO: MR
Martin Rustøy1982
Chairman of the board: HA
Henrik August Christensen1962
Years since formation: 7 years; since Dec 18, 2017
Type: Limited company
VAT registered: Yes
Number of employees: 8

Ownership

Number of shares and share classes: 100; 3 share classes
Total number of shareholders: 6; companies
Belongs to group of

Financials

Total operating income 2023: 11,535,000; NOK
Annual total result 2023: 210,965,090; NOK
Total equity 2023: 330,908,275; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
MR Martin Rustøy 1982	Managing Director/CEO	-

Board

Name	Role	Shares
HA Henrik August Christensen 1962	Chairman	-
YS Yvonne Litsheim Sandvold 1968	Board Member	-
MR Martin Rustøy 1982	Board Member	-
AM Andreas Martinussen 1984	Board Member	-
RH Rikke Sandvold Hagen 1992	Board Member	-

Others

Name	Role	Shares
F FORVIS MAZARS AS	Auditor	-
A ATHENE ACCOUNTING AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KS Kenneth Sandvold 1951	-	39 % indirectly
JS Joachim Sandvold 1989	-	15 % indirectly
RS Rikke Sandvold 1992	-	15 % indirectly
MS Mikkel Sandvold 1990	-	15 % indirectly

Last update: Aug 1, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
S SANDVOLD HOLDING AS	Class B shares	39	39 %
S SANDVOLD CAPITAL AS	C-shares	15	15 %
R RIKKSAND AS	C-shares	15	15 %
S SANDVOLD PRIVATE WEALTH AS	C-shares	15	15 %
S SIESAND INVEST AS	C-shares	15	15 %
S SANDVOLD HOLDING AS	A-shares	1	1 %

Shares owned by the SANDVOLDGRUPPEN AS

Name	Share class	Number of shares	Share
M MARIDALSVEIEN 144 AS	Ordinary shares	560	100 %
A ARENDALSGATEN 12 AS	Ordinary shares	240	100 %
T THERESES GATE 30 AS	Ordinary shares	1	100 %
M MARIDALSVEIEN 188 AS	Ordinary shares	100	100 %
B BOGSTADVEIEN 13 NÆRING AS	Ordinary shares	40,607	100 %
B BOGSTADVEIEN 40 NÆRING AS	Ordinary shares	125,337	100 %
B BOGSTADVEIEN 42 NÆRING AS	Ordinary shares	183,911	100 %
T THERESES GATE 30 BOLIG AS	Ordinary shares	1	100 %
S SANDVOLD EQUITY AS	Ordinary shares	1	100 %
A AS ETTERSTADGATEN 20	Ordinary shares	6	100 %
F FROGNERBYGG AS	Ordinary shares	690,752	100 %
S SANDVOLD BOLIG AS	Ordinary shares	159,393	100 %
T THERESES GATE 28 AS	Ordinary shares	100	100 %
C CHRISTIAN MICHELSENS GATE 9 AS	Ordinary shares	1	100 %
D DAGLIGVARE OSLO AS	Ordinary shares	87	87 %
A AS NATURBETONG	Ordinary shares	320	80 %
E ERSA MA 11 AS	Ordinary shares	1	50 %
S SØRKEDALSVEIEN 9 AS	Ordinary shares	140,000	50 %
S SOLA HELIKOPTERTERMINAL EIENDOM AS	Ordinary shares	1,333	13.33 %

Last update: May 24, 2024

Group structure

SANDVOLDGRUPPEN AS
Total operating income 2023: NOK 11,535,000
Operating profit 2023: NOK -5,806,527
Employees: 8

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	11,535,000	10,472,000	11,918,020
Annual Total Result	210,965,090	110,344,255	43,359,838
Total assets	1,894,426,707	1,734,825,700	1,775,721,171
Total liabilities	1,563,518,432	1,569,882,514	1,671,122,243
Total equity	330,908,275	164,943,185	104,598,929

P&L

Year	2023	2022	2021
Total operating income	11,535,000	10,472,000	11,918,020
Total operating costs	17,341,527	21,402,470	17,559,560
Operating result	-5,806,527	-10,930,470	-5,641,540
Financial income/costs	217,533,349	124,282,887	54,446,244
Profit before tax	211,726,822	113,352,417	48,804,704
Total tax & extraordinary income/cost	761,732	3,008,162	5,444,866
Annual Total Result	210,965,090	110,344,255	43,359,838

Balance overview

Year	2023	2022	2021
Total fixed assets	1,824,915,819	1,647,746,527	1,699,846,772
Total current assets	69,510,888	87,079,173	75,874,399
Total assets	1,894,426,707	1,734,825,700	1,775,721,171
Short term debt	156,708,756	200,813,538	183,948,222
Long term debt	1,406,809,676	1,369,068,976	1,487,174,021
Total liabilities	1,563,518,432	1,569,882,514	1,671,122,243
Contributed capital	5,833,046	5,833,046	5,833,046
Retained earnings	325,075,229	159,110,139	98,765,883
Total equity	330,908,275	164,943,185	104,598,929
Total equity and liabilities	1,894,426,707	1,734,825,699	1,775,721,172

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