LETNES EIENDOM AS
Organization
- CEO
- PAPer Audun Letnes1955 
- Chairman of the board
- PAPer Audun Letnes1955 
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 1,240,690
- NOK
- Annual total result 2024
- -37,224
- NOK
- Total equity 2024
- 437,790
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares | 
|---|---|---|
| PA 1955 | Managing Director/CEO | 100 % directly | 
Board
| Name | Role | Shares | 
|---|---|---|
| PA 1955 | Chairman | 100 % directly | 
| Alternate Member | - | 
Others
| Name | Role | Shares | 
|---|---|---|
| Accountant | - | 
Top 10 individual shareholders
| Name | Role | Shares | 
|---|---|---|
| PA 1955 | Managing Director/CEO, Chairman | 100 % directly | 
Last update: Dec 19, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| PA 1955 | Ordinary shares | 100 | 100 % | 
Shares owned by the LETNES EIENDOM AS
| Name | Share class | Total number of shares | Share | 
|---|---|---|---|
| Ordinary shares | 165 | 33 % | |
| Ordinary shares | 25 | 25 % | 
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 1,240,690 | 1,251,896 | 1,047,810 | 1,094,725 | 
| Annual Total Result | -37,224 | 52,369 | -100,207 | 53,171 | 
| Total assets | 8,052,612 | 8,445,277 | 7,930,551 | 7,741,649 | 
| Total liabilities | 7,614,821 | 7,970,262 | 7,507,905 | 7,218,796 | 
| Total equity | 437,790 | 475,015 | 422,646 | 522,853 | 
P&L
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total operating income | 1,240,690 | 1,251,896 | 1,047,810 | 1,094,725 | 
| Total operating costs | 733,077 | 633,176 | 789,923 | 789,799 | 
| Operating result | 507,613 | 618,720 | 257,887 | 304,926 | 
| Financial income/costs | -517,373 | -551,581 | -385,794 | -236,757 | 
| Profit before tax | -9,759 | 67,140 | -127,907 | 68,169 | 
| Total tax & extraordinary income/cost | 27,465 | 14,771 | -27,700 | 14,998 | 
| Annual Total Result | -37,224 | 52,369 | -100,207 | 53,171 | 
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 | 
|---|---|---|---|---|
| Total fixed assets | 7,986,714 | 8,010,953 | 7,860,024 | 7,718,024 | 
| Total current assets | 65,898 | 434,324 | 70,528 | 23,626 | 
| Total assets | 8,052,612 | 8,445,277 | 7,930,551 | 7,741,649 | 
| Short term debt | 106,907 | 670,262 | 585,508 | 413,169 | 
| Long term debt | 7,507,914 | 7,300,000 | 6,922,397 | 6,805,627 | 
| Total liabilities | 7,614,821 | 7,970,262 | 7,507,905 | 7,218,796 | 
| Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 | 
| Retained earnings | 337,790 | 375,015 | 322,646 | 422,853 | 
| Total equity | 437,790 | 475,015 | 422,646 | 522,853 | 
| Total equity and liabilities | 8,052,612 | 8,445,277 | 7,930,551 | 7,741,649 | 
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