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M

MUSTAD UTVIKLING AS920 947 867

Purchase and sale
Limited company
Clarks gate 5 3970 LANGESUND, Norge

MUSTAD UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

Chairman of the board
Years since formation
6 years
since Jun 6, 2018
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
100
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2023
9,534,048
NOK
Annual total result 2023
-1,407,057
NOK
Total equity 2023
3,746,404
NOK
Last update: Sep 10, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
50 %
indirectly

Board

NameRoleShares
Chairman
50 %
indirectly
Board Member
50 %
indirectly

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Accountant-

Top 10 individual shareholders

NameRoleShares
Board Member
50 %
indirectly
Managing Director/CEO, Chairman
50 %
indirectly
Last update: Nov 30, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
M
MUSTAD INVEST AS
Ordinary shares
100
100 %

Shares owned by the MUSTAD UTVIKLING AS

NameShare classNumber of sharesShare
S
SJØSIDEN VALLE AS
Ordinary shares
50
50 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 66,000
    Operating profit 2023: NOK -363,924
    Employees: 0

Financials

in NOK

Summary

Year202320222021
Total operating income
9,534,048
12,834,401
78,431,124
Annual Total Result
-1,407,057
231,622
335,510
Total assets
27,435,498
36,311,846
57,423,298
Total liabilities
23,689,094
31,158,385
52,026,864
Total equity
3,746,404
5,153,462
5,396,434

P&L

Year202320222021
Total operating income
9,534,048
12,834,401
78,431,124
Total operating costs
8,087,620
11,721,064
76,050,589
Operating result
1,446,428
1,113,338
2,380,535
Financial income/costs
-2,841,827
-816,387
-1,950,394
Profit before tax
-1,395,399
296,951
430,141
Total tax & extraordinary income/cost
11,658
65,329
94,631
Annual Total Result
-1,407,057
231,622
335,510

Balance overview

Year202320222021
Total fixed assets
0
7,014,370
7,022,938
Total current assets
27,435,498
29,297,477
50,400,360
Total assets
27,435,498
36,311,846
57,423,298
Short term debt
23,689,094
24,500,053
45,176,942
Long term debt
0
6,658,332
6,849,922
Total liabilities
23,689,094
31,158,385
52,026,864
Contributed capital
5,182,771
5,182,771
5,182,771
Retained earnings
-1,436,367
-29,309
213,663
Total equity
3,746,404
5,153,462
5,396,434
Total equity and liabilities
27,435,498
36,311,846
57,423,298

Classification

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