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M

M17 UTVIKLING AS988 736 228

Purchase and sale
Limited company
Snarøyveien 36 1364 FORNEBU, Norge
Construction
/ Purchase and sale
/ 41.109 Other development and sale of real estate

M17 UTVIKLING AS

Keywords

real estatesalesdevelopment

Organization

CEO
KS

Kristin Solerød Tronaas1975

Chairman of the board
MS

Marthe Sofie Andersen1993

Years since formation
20 years
since Oct 6, 2005
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
500
1 share class
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2024
65,023,800
NOK
Annual total result 2024
-61,467,035
NOK
Total equity 2024
102,568,264
NOK
Last update: Jun 14, 2025

Management

Management / administration

NameRoleShares
KS

Kristin Solerød Tronaas

1975

Managing Director/CEO-

Board

NameRoleShares
MS

Marthe Sofie Andersen

1993

Chairman-
KS

Kristin Solerød Tronaas

1975

Board Member-
GK

Geir Karlsen

1974

Board Member-
RN

Roar Nåvik

1963

Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
Last update: Mar 11, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
O
OBOS NYE HJEM AS
Ordinary shares
250
50 %
N
NORDR NORGE AS
Ordinary shares
250
50 %

Shares owned by the M17 UTVIKLING AS

NameShare classTotal number of sharesShare
M
MIDDELTHUNET NÆRING AS
Ordinary shares
100
100 %
M
MIDDELTHUNSGATE 17 HJEMMEL AS
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

  • M17 UTVIKLING AS
    Total operating income 2024: NOK 65,023,800
    Operating profit 2024: NOK 34,025,668
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
65,023,800
203,505,000
771,234,951
1,466,867,000
Annual Total Result
-61,467,035
22,917,000
189,149,336
354,151,000
Total assets
214,555,970
485,576,000
650,579,431
2,980,949,000
Total liabilities
111,987,706
221,541,000
409,461,085
2,378,980,000
Total equity
102,568,264
264,035,000
241,118,346
601,969,000

P&L

Year2024202320222021
Total operating income
65,023,800
203,505,000
771,234,951
1,466,867,000
Total operating costs
30,998,132
171,207,000
490,782,435
934,625,000
Operating result
34,025,668
32,298,000
280,452,516
532,242,000
Financial income/costs
-50,322,719
-2,033,000
-37,953,367
-78,202,000
Profit before tax
-16,297,051
30,265,000
242,499,149
454,040,000
Total tax & extraordinary income/cost
45,169,984
7,348,000
53,349,813
99,889,000
Annual Total Result
-61,467,035
22,917,000
189,149,336
354,151,000

Balance overview

Year2024202320222021
Total fixed assets
99,615,305
120,866,000
53,307,521
140,000
Total current assets
114,940,665
364,710,000
597,271,910
2,980,809,000
Total assets
214,555,970
485,576,000
650,579,431
2,980,949,000
Short term debt
25,605,544
73,361,000
409,461,085
2,219,541,000
Long term debt
86,382,162
148,180,000
0
159,439,000
Total liabilities
111,987,706
221,541,000
409,461,085
2,378,980,000
Contributed capital
25,840,480
25,840,000
25,840,480
25,840,000
Retained earnings
76,727,784
238,195,000
215,277,866
576,129,000
Total equity
102,568,264
264,035,000
241,118,346
601,969,000
Total equity and liabilities
214,555,970
485,576,000
650,579,431
2,980,949,000

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
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