S. UGELSTAD INVEST AS

Operating

Investeringer i selskaper og verdipapirer, samt annet som naturlig passer inn.

Investeringer i selskaper og verdipapirer.

Organization

CEO: PF
Per Frithjof Lorange1974
Chairman of the board: PL
Peter Lorange1943
Years since formation: 18 years; since Jan 15, 2007
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 100; 2 share classes
Total number of shareholders: 3; persons
Belongs to group of

Financials

Annual total result 2024: 10,082,950; NOK
Total equity 2024: 85,696,486; NOK

Last update: Sep 22, 2025

Management

Management / administration

Name	Role	Shares
PF Per Frithjof Lorange 1974	Managing Director/CEO	49 % directly

Board

Name	Role	Shares
PL Peter Lorange 1943	Chairman	2 % directly
PF Per Frithjof Lorange 1974	Board Member	49 % directly
AS Anne Sophie Lorange Lervik 1977	Board Member	49 % directly
AE Anne Elisabeth Lorange 1951	Alternate Member	-
FL Frode Lervik 1967	Alternate Member	-
KA Kristin Aker Lorange 1980	Alternate Member	-
RB Rune Bakke 1960	Board Member	-

Others

Name	Role	Shares
A AGDER-TEAM REVISJON AS	Auditor	-
F FGH BUSINESS MANAGEMENT AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
PF Per Frithjof Lorange 1974	Managing Director/CEO, Board Member	49 % directly
AS Anne Sophie Lorange Lervik 1977	Board Member	49 % directly
PL Peter Lorange 1943	Chairman	2 % directly

Last update: Oct 21, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
AS Anne Sophie Lorange Lervik 1977	Class B shares	49	49 %
PF Per Frithjof Lorange 1974	Class B shares	49	49 %
PL Peter Lorange 1943	A-shares	2	2 %

Shares owned by the S. UGELSTAD INVEST AS

Name	Share class	Total number of shares	Share
S S. UGELSTAD AS	Ordinary shares	5	100 %
A AKSJESELSKAPET CHRISTIANIA EIENDOMSSELSKAP	Ordinary shares	93	93 %
N NOVELTY FOOD AS	Ordinary shares	416,693	30.61 %
B BGN INVEST AS	Ordinary shares	66,461	28.57 %
D DELTAGER AS	NO0010212814	9,448,238	22.67 %
V VGAN CHOCOLATE AS	Ordinary shares	9,234	11.75 %
P PALATINE HILL AS	Ordinary shares	191	11.41 %
P PARTANKERS XI AS Closed	Ordinary shares	10,998	10.04 %
L LANCING CAPITAL AS	Ordinary shares	100	10 %
N NOVELTY HOLDING AS Closed	Ordinary shares	10,145	9.49 %
B BOOKIS AS	Ordinary shares	89,225	9.18 %
A ATLANTIC FEEDER II AS Closed	A-shares	400	4 %
P PREFERRED GLOBAL HEALTH AS	Ordinary shares	654,027	3.84 %
V VARRO INVEST 1 IT-DRIFT AS Under liquidation	Ordinary shares	1,510,797	3.22 %
P PRE VENTION AS	Class B shares	1,250	3.13 %
T TOPCAMP AS	NO0010781602	140,680	2.54 %
H HEMODX AS	Ordinary shares	850	2.41 %
C CHEM TANK INVEST V AS Closed	Ordinary shares	346	2.4 %
R RFTANKERS IV TOPCO AS	Ordinary shares	490	2.05 %
N NEW NORMAL GROUP AS	Ordinary shares	566	2.01 %
C CHEM TANK INVEST VI AS Closed	Ordinary shares	140	2 %
N NORTH SEA GAS AS	Ordinary shares	200	2 %
N NORGESINVESTOR IV AS Closed	NO0010350879	94,648	1.99 %
P PRE DIAGNOSTICS AS	NO0010754757	8,500	1.98 %
K KEYSTONE EDUCATION GROUP AS	NO0010984198	123,954	1.68 %
P PARBULKERS V AS	Ordinary shares	1,696	1.6 %
N NORDIC LR1 AS Closed	Ordinary shares	15	1.5 %
I ICON CAPITAL VI AS Closed	A-shares	8,820	1.48 %
C CEMIT GROUP AS	Ordinary shares	5,445	1.48 %
M MARITIME OPTIMA AS	Ordinary shares	150,316	1.44 %
T TIOTECH AS	Ordinary shares	220,000	1.27 %
I ICON CAPITAL VII AS	A-shares	9,000	1.05 %
C CHEM TANK INVEST AS Closed	Ordinary shares	94	1.01 %
C CHEM TANK INVEST IV AS Closed	Ordinary shares	88	1 %
S SERENDIPITY PARTNERS FUND AS	Ordinary shares	8,448,549	1 %
N NORWEGIAN PSV II AS	Ordinary shares	100	1 %
N NETZEROGAS AS	Preference shares	160,000	0.95 %
G GLOBAL PSV AS Closed	Ordinary shares	80	0.8 %
I IGNITE CAPITAL FUND I AS	Class B shares	5,587,990	0.8 %
P PARTANKERS XXII AS	Ordinary shares	75	0.75 %
E EMPOWER NEW ENERGY AS	A-shares	29,393	0.62 %
C CURIPOD AS	Ordinary shares	29,178	0.61 %
S SMART OCEAN AS	Preference shares	80,579	0.59 %
P PARCAR AS Under liquidation	Ordinary shares	39	0.39 %
R RAYVN AS	Ordinary shares	42,863	0.32 %
N NORDIC MPP AS	Ordinary shares	11,750	0.31 %
R RECHARGE HEALTH AS	Ordinary shares	13,750	0.3 %
T TISE AS	NO0010821796	17,518	0.27 %
L LABRIDA AS	NO0012493958	313	0.27 %
C CAPSOL TECHNOLOGIES ASA	NO0010923121	117,409	0.19 %
R RENONORDEN ASA Closed	NO0010723141	6,901	0.04 %
S SAGA PURE ASA	NO0010572589	165,000	0.03 %
S SALMON EVOLUTION ASA	NO0010892094	93,615	0.02 %
H HEXAGON COMPOSITES ASA	NO0003067902	50,000	0.02 %
Z ZELLUNA ASA	NO0010851603	8,000	0.02 %
N NORSKE SKOG ASA	NO0010861115	11,850	< 0.01 %
O ORKLA ASA	NO0003733800	25,350	< 0.01 %
H HEXAGON PURUS ASA	NO0010904923	4,461	< 0.01 %
L LINK MOBILITY GROUP HOLDING ASA	NO0010894231	40,000	< 0.01 %
H HORISONT ENERGI AS	NO0010917339	250	< 0.01 %
V VEND MARKETPLACES ASA	NO0003028904	9,600	< 0.01 %
N NORDIC SEMICONDUCTOR ASA	NO0003055501	20,000	< 0.01 %
M MOWI ASA	NO0003054108	1,988	< 0.01 %
T TGS ASA	NO0003078800	15,000	< 0.01 %
E EQUINOR ASA	NO0010096985	11,000	< 0.01 %
Y YARA INTERNATIONAL ASA	NO0010208051	9,800	< 0.01 %
A AKER BP ASA	NO0010345853	9,940	< 0.01 %

Last update: Jun 2, 2025

Group structure

S. UGELSTAD INVEST AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -6,436,845
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	26,149
Annual Total Result	10,082,950	24,662,360	-13,354,925	44,576,493
Total assets	254,168,064	258,731,427	241,232,753	256,735,170
Total liabilities	168,471,578	183,117,891	189,501,400	191,648,892
Total equity	85,696,486	75,613,535	51,731,353	65,086,278

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	26,149
Total operating costs	6,436,845	4,399,731	4,812,332	4,228,611
Operating result	-6,436,845	-4,399,731	-4,812,332	-4,202,462
Financial income/costs	16,519,795	29,062,091	-8,542,593	48,778,955
Profit before tax	10,082,950	24,662,360	-13,354,925	44,576,493
Total tax & extraordinary income/cost	0	0	0	0
Annual Total Result	10,082,950	24,662,360	-13,354,925	44,576,493

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	176,583,619	196,709,084	185,688,908	180,838,451
Total current assets	77,584,444	62,022,343	55,543,845	75,896,719
Total assets	254,168,064	258,731,427	241,232,753	256,735,170
Short term debt	1,428,262	356,476	463,327	4,340,911
Long term debt	167,043,316	182,761,415	189,038,073	187,307,981
Total liabilities	168,471,578	183,117,891	189,501,400	191,648,892
Contributed capital	49,198,448	49,198,448	49,198,448	49,198,448
Retained earnings	36,498,038	26,415,087	2,532,905	15,887,830
Total equity	85,696,486	75,613,535	51,731,353	65,086,278
Total equity and liabilities	254,168,064	258,731,427	241,232,753	256,735,170

Classification

21st company classification

BETA

Small company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

S. UGELSTAD INVEST AS990 730 601

S. UGELSTAD INVEST AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the S. UGELSTAD INVEST AS

Group structure

Financials

Summary

P&L

Balance overview

Classification