STAVANGER CITY AS
Organization
- CEO
- IG
Ivar Gjærum1980
- Chairman of the board
- SP
Sjur Petter Ajer1958
- Years since formation
- 13 years
- since Nov 17, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 506,000
- 1 share class
- Total number of shareholders
- 3
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 38,489,068
- NOK
- Annual total result 2024
- 11,715,694
- NOK
- Total equity 2024
- 225,284,571
- NOK
Last update: Jun 11, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IG 1980 | Managing Director/CEO | 1.49 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
SP 1958 | Chairman | - |
TT 1980 | Board Member | 1.49 % indirectly |
GH 1960 | Board Member | 12.4 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MT | - | 48.98 % indirectly |
GO 1975 | - | 16.67 % indirectly |
TA | - | 16.67 % indirectly |
GH 1960 | Board Member | 12.4 % indirectly |
OG | - | 1.67 % indirectly |
TT 1980 | Board Member | 1.49 % indirectly |
IG 1980 | Managing Director/CEO | 1.49 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 278,300 | 55 % | |
| Ordinary shares | 177,100 | 35 % | |
| Ordinary shares | 50,600 | 10 % |
Shares owned by the STAVANGER CITY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -28,582Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 38,489,068 | 39,804,991 | 18,275,994 |
Annual Total Result | 11,715,694 | 13,343,262 | 4,086,237 |
Total assets | 366,126,016 | 383,431,259 | 385,704,327 |
Total liabilities | 140,841,445 | 150,862,382 | 141,153,738 |
Total equity | 225,284,571 | 232,568,877 | 244,550,589 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 38,489,068 | 39,804,991 | 18,275,994 |
Total operating costs | 18,387,594 | 18,058,684 | 11,538,058 |
Operating result | 20,101,474 | 21,746,306 | 6,737,936 |
Financial income/costs | -4,961,876 | -4,523,808 | -1,425,921 |
Profit before tax | 15,139,598 | 17,222,498 | 5,312,016 |
Total tax & extraordinary income/cost | 3,423,904 | 3,879,236 | 1,225,779 |
Annual Total Result | 11,715,694 | 13,343,262 | 4,086,237 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 360,501,783 | 372,947,129 | 344,067,301 |
Total current assets | 5,624,233 | 10,484,130 | 41,637,026 |
Total assets | 366,126,016 | 383,431,259 | 385,704,327 |
Short term debt | 104,089,345 | 113,580,280 | 113,423,072 |
Long term debt | 36,752,100 | 37,282,102 | 27,730,666 |
Total liabilities | 140,841,445 | 150,862,382 | 141,153,738 |
Contributed capital | 156,691,823 | 175,691,823 | 200,691,823 |
Retained earnings | 68,592,748 | 56,877,054 | 43,858,767 |
Total equity | 225,284,571 | 232,568,877 | 244,550,589 |
Total equity and liabilities | 366,126,016 | 383,431,259 | 385,704,327 |
Classification
Category
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
68.3
Main industrial group
Real estate activities on a fee or contract basis
68.32
Industrial group
Management of real estate on a fee or contract basis
68.320
Industrial group
Management of real estate on a fee or contract basis